Ever had a losing streak where it's almost like you're cursed?

Yep 5hit happens in betting. Had 57 straight losers on the horses once and 1 winner from 73 and still ended in front those years. Been many races where I've just watched the race and wondered how am I gonna lose this from here and low and behold a momentum killing blunder at the last costs all hope and to rub it in my horse would rally on the run in to lose by a nose.

But the silver lining is that if you are true to yourself and do have a winning edge that over time you'll end up in front. If over a period of 2 years for example you are losing it is not bad luck whatever you may think.

You bet on too many things .

I've been there a few times Harter. And the worst thing you can do is make sudden changes. It will come right. A bit of time off may do you good though.

dont focus on the bad, how many instances have you been extremely lucky , last min winner or horse win by a short head, it swings in roundabouts. take a break.

Good advice cookie.
Everybody seems to forget the many last gasp winners in their favour.

Ever had a losing streak?..........well mine started about 1984, i think , im hoping is coming to and end sometime soon , my psychic reckons im in for good luck soon, might finally get that big 15 dollar windfall yet aye

I have done relatively well this year and the main changes I have made are.
Always put in an in running lay and don't be greedy. You can get your stake back on a high percentage of losers and winners of course. Yes, you are giving away some profit when on a winning streak, but when that inspired choice gets beaten in a photo, you are happy to break even.
Try to resist the obvious short priced fav. If you think it will win, don't bet or find a place only angle. If you don't think the fav will win, lay it. 
Avoid class 5/6 handicaps at all costs.

If you bet often enough over a long period of time at some point your going to hit a run were everything goes against you.
It happens to most and is just probablity. If it's spilling over into your everyday life then you could be going through a spiritual
bad cycle. If thats the case then theres very little you can do about it except believe after a period of time it will come to an end.

Dealing with a losing run in betting

Dec 19th, 2011 - Posted by Andrew in Betting Theory

BettingExpert Blog editor. Always taking the alternative route to finding the value.


How do we deal with losing runs in betting? We're bound to have them. It's part of the job description as they say. Today on the blog, BettingExpert community member Poglavica shares his experiences with losing runs and how to bounce back when they come.

If you would like to contribute an article yourself, email andrew at bettingexpert.com

Overall133

A few weeks ago, I had one of the worst weekends in my entire betting career. As much as we love winning runs, at some point in betting, you will also have to deal with losing streaks.

Now, there are several methods to deal with such losing runs. It’s like in real life - sometimes everything you touch turns to gold. Other times you're probably better off not leaving your house should your bad luck continue in a most unfortunate way. If you ever should experience such a bad run, that doesn’t mean that you’re a bad tipster. Not at all. But dealing with such runs in the wrong way, makes you a bad tipster.

Why?

Let’s look at that awful run of mine. That weekend, I won a lousy 8 of 25 bets, which makes a strike rate of measly 32.0%. Let’s convert those numbers into real money. By investing 1000.00 split across 25 bets, with only 8 winning bets at average odds of 2.00, you would have made a net loss of 360! Repeat such a weekend another two times and your net loss would be a considerable amount of 1080.00 . I’m sure everyone of us has better ideas of what to do with so much money.
What not to do when a losing streak hits

So, what is the best way to deal with such losing runs? Let’s first look at how not to deal with such runs. Let's consider the two most common traps inexperienced gamblers (tipsters) might fall into. The first common mistake is to chase your losses. The second one is quitting gambling (betting) entirely by accepting that your entire investment has gone up in smoke.

Chasing losses is the last thing you should do to deal with your losing streaks. In a mad moment, you decide to swiftly regain your lost money. By increasing your stakes or amount of bets, you’ve decided to chase your losses. The chances that this method will work are equal to the chances that you will lose more money even quicker than you lost your money before you decided that chasing your losses would be a good idea. After all, a losing run also leads to lack of confidence in your own abilities. You will begin to ask yourself questions, like what went wrong or why your hand made system doesn’t work anymore. Now, even if it may be wise in some situations to quit betting, that doesn’t bring back your money, so this is already a no-go.
What to do when a losing a streak hits

If you have established the right strategy before even starting to bet, you would automatically have avoided the above two pitfalls. At the very bottom of the BE page, you can read the following sentence:

“Copyright © 2004-2011 BettingExpert.com. All rights reserved. | Disclaimer, Contact us | Mail | Mail | Never risk money you can't afford to lose!”
Risk discipline

Neither the Copyright, nor the Contact Us or the Disclaimer is what is important here. What really matters is the last sentence: “Never risk money you can't afford to lose!” That’s the first golden rule in betting. By living your betting life with the mentioned rule, you are already prepared for the worst losing runs. As everyone in the betting business knows, losing runs come without warning or disclaimer. Second golden rule is discipline. If you feel that the danger for another losing run is too high, just take a break until you regain your confidence. It doesn’t matter how long or short such a break lasts.
See the big picture

The better option of self-discipline is to see the bigger picture. That could mean that you should have faith in your own system or in your own approach to betting. As an example, it doesn’t make sense to throw away your system, if the same has shown good results in the long-term. Long-term is the crucial word in betting. Although a nice combo with combined odds at 217.5 with 100 something invested would bring you a nice profit of around 21.650, how many similar bets have you won in your betting life? Exactly. You can count such bets with the fingers of one hand. If you've been lucky.
Remain sensible

The better approach is to play singles, or if necessary to keep your combos reasonable small, let’s say with 3-5 bets, multiplying identified value. But you would be surprised how often I have seen people leaving the local bookie store with “tickets” running the length from their own chin to their heels, with around 32 bets on such a ticket. Rest assured that you’ve just seen a loser leaving that place. That’s just one of the 98% from which all the bookies make their profit. That said, forget the fast money. Successful betting is a long-term matter.
Maintain your work ethic

What I usually do when suffering such losing streaks is that I pick my bets even more carefully than before. The process of my analysis takes longer, and the time spent to find the right bet increases significantly. As already mentioned, you could also take a break in betting. But I don’t mean a break by doing nothing. No, au contraire. Make your analysis as you would normally do, and play your bets just on paper and follow if you get the desired results. That way you can try out your strategy and make the right decision.
Keep a record

While talking about paper we touched the third important rule in betting. Track your bets, and your wins as much as the losses. You will be surprised how much you learn about your strategy by looking over the archived results. Historical results are not only important in your decisions for a bet, no, they are also important in your betting discipline. You might find out that your system or your strategy had the same poor performance at the same time of the year as your current losing run. That can have various reasons such as weather conditions or changes within teams. This gives you additional insights into your strategy/system.

To sum up, money management, discipline, and record keeping are the golden rules for successful betting in the long term.

Losing runs included.

Low grade stuff can be quite profitable especially AW, look for horses that havn`t won for a while and are on attractive marks.
AW previous c&d form is a must to enter calculations.

Last winters AW was my only profitable area.

It is very diffult not to make a profit from all weather racing .

Been there a couple of times before.  Momentum can be very real in betting and it can be tough to break a losing cycle.  My 4 point plan for breaking a bad losing run is :-

1.  Rule a line under your losses and write them off (on paper as well as mentally/emotionally)
2.  Take a break (1 week to 1 month, until you're 100% sure that you've found peace and have no urge to bet)
3.  Reduce stakes and only bet on your strongest edge, and only when you've done ALL your homework
4.  Regain confidence, momentum and then re-raise your stakes

I've snapped a couple of horrible "I must be cursed" losing runs this way.  It has taken me anywhere from 2 weeks to 2 months each time to recover but, as they say, what doesn't kill you makes you stronger.  Losing runs can be character building and very helpful in maintaining professionalism and discipline when the going is good - which helps to keep your winning runs going longer.  Put it all down to a "good learning experience" and in the long run it's almost as good as money in the bank.

1.  Rule a line under your losses and write them off (on paper as well as mentally/emotionally)
2.  Take a break (1 week to 1 month, until you're 100% sure that you've found peace and have no urge to bet)
3.  Reduce stakes and only bet on your strongest edge, and only when you've done ALL your homework
4.  Regain confidence, momentum and then re-raise your stakes

Why should your judgement be any better after all that ?

Zealot, who actually loses on AW then ?

Why should your judgement be any better after all that ?

are u seriously asking him this question?

It was in response to his post at 21.05 yesterday,
suggesting it is difficult to lose on AW.

ken ,

People who try n look for the winner

LTO winners on the aw are massively overbet .

You need to know which ones and lay accordingly .

I'm not arguing with your methods but why would you
you be successful after a period of withdrawel, that's
what I'm asking. Why would things be different ?

ken, judgement (and therefore success) can be affected if you are mentally/emotionally off your game.

I'd suggest that since the OP refers to "feeling cursed" (which is a completely normal, but irrational emotion to have) this may be atleast part of the issue.

I know that most "pros" on here would have you believe that they are robots who never let their mental/emotional state affect their judgement, but apart from an elite few I'd say it's mostly chest-puffing BS or they are in denial and not really self-aware.

Yeah, ok.