How to Deal with Losing Streaks in Sports Betting
Our founder and lead handicapper, Jon Price, has said it over and over in interviews with various publications and to all of his clients…. The most important and fundamental rule to sports betting is to maintain discipline. Discipline is what separates the degenerate, losing gamblers from the successful sports investors around the world. So many times, when a players loses a wager early in the day, they’ll begin to do what is known as “Chasing the money,” as they then begin to place multiple wagers on later games to make up for their loss. That is the fastest way to turn what could have been a $500 loss on a day into a $5,000 loss on the day.
It always helps to have a voice of reason to support you throughout your wagers whether you’re a professional sports bettor or simply a weekend warrior just looking to make some quick, easy money. It’s easy to fall in the trap and want to chase the money and get it back as soon as possible, but that’s how you ruin your bankroll and undo all of your hard work. Don’t let yourself beat yourself at sports betting and ultimately be your own worst enemy.
Our team of analysts here at Sports Information Traders advises all of our clients to never bet more three games a day, and even that is kinda high. We prefer to load up our money from each day on only the absolute best odds available to us, and spreading them out to other games is only handicapping your ability to capitalize big on the day. If you’re in the middle of a bad losing streak, consider backing down your bets to one game a day, or better yet, take a few days off and get away from it. Just like in poker when a player goes “on tilt” it’s easy for sports gamblers to also lose their nerve and begin betting without reason, which is the fast way to lose your bankroll.
Join a winning team and reputable service like ours here at Sports Information Traders and you’ll never have to worry about bad losing streaks or chasing the money. Our team will teach you step by step how to place your bets strategically and without impulse, to ensure that you’re making the best sports investment decisions possible on your way to being a successful sports investor.