Smart PunterTaking Time Out

Smart Punter – Winning And Losing Runs, Taking Time Out

April 16, 2022April 26th, 2022

 

"The results themselves cannot be controlled but your response to them can."

 

Most punters consider the ‘game’ to be based around their ability to identify the right selections on a consistent enough basis to generate a profit.
While that is difficult enough in itself, there is an even greater challenge that comes through the need for effective self-management. 
All punters (even seasoned professionals) experience losing streaks from time to time due to the natural variance that comes with results.
Even with a high strike rate on successful bets of 30 percent or more, there is no guarantee that these returns will come sequentially. 
The results themselves cannot be controlled but your response to them can.

Taking Time Out

Frequently, the novice punter’s response to a sequence of poor results is to bet more often or stake higher amounts and ‘chase’ their losses which inevitably leads them into trouble.
We have seen already some safeguards that can be put in place to protect against this. 
Taking time out and making sure you take a break will help you stay in control.

 

CLICK HERE: Check out our Responsible Gambling tools

 

Deposit Limits

Having a deposit limit is a constructive way of controlling spend and ensuring you are making positive decisions when it comes to money management.
A poor run of results can also wrongly lead punters to question the effectiveness of their betting system and whether it is truly working.
That’s why it is important to learn to accept variance for what it is and manage your emotions.
On the flip side, a successful run of results or ‘hot streak’ can also engender overconfidence, leading to bigger bet sizes and irrational decisions.
Before you know it, the natural correction will eliminate much of your bank and send you broke.
For the reason, the better you become at controlling the psychology of gambling the more successful you will be, a point which cannot be overstated.
Establish some good habits, by way of a disciplined staking plan, an expectation that winning and losing runs will occur and the ability to analyse your performance and success can be yours.

 

CLICK HERE: Check out our Responsible Gambling tools

CLICK HERE – Set a Deposit Limit now

 

 

Other Smart Punter Articles

 

CLICK HERE: Smart Punter – Staking And Discipline

CLICK HERE: Smart Punter – Deposit Limits

CLICK HERE: Smart Punter – Form, Analysis And Probability

CLICK HERE: Smart Punter – Winning And Losing Runs, Taking Time Out