Capping yourself weekly or daily IS THE MAJOR REASON PEOPLE LOSE.
Shortsightedness and lack of vision are why people do not win gambling.
They lose early their asshiles pucker up and they sweat it, they win early they are freerolling and betting crazy. Niether of these things is a good thing to do.
That is why most guys do not even know if they can pick at a consistant enough rate to win. they have never "proofed" themselves. Meaning they have never done it at the right level to figure out if it was luck that they won, or bad luck that they lost.
People always want to break their gambling down into games, or days, or weeks, or season. Wrong, wrong, wrong, wrong. Do you break your lives down into hours, days or weeks. "well at 8 this morning I took ashit, then I sat in front to the computer for 3 hours, then I made some lunch, my wife got home I banged her (it is Thursady afterall)...U mean comeon, that is how people tally their gambling? That means every single game has a make or break stigma put on it.
it is like every game a guy bets is going to make him rich or make him poor. Guy starting threads saying they need a late FG to get over, or a td for a backdoor. Or that foul killed them in this or that game. Losing attitude after losing attitude.
It is plain and simply a matter of volume. The more games you play, the more money you win. It is that simple. The more ganes you play the more that 53% win rate actually means something, and actually means a profit that is enough to talk about.
Guys like to say they hit 60% in the NFL this year or that year. So frigging what? How much is that, maybe 3 or 4 grand? That is sh it, is that really any money?
The other side of that is that if they do not bet the same amount every game then any percentage is totally meaningless, because it does not have any base. A guy could be 90% and have that one loss wipe out his whole bankroll.
It is about looking at it for along term. Guys are on this borad everyday. it is apparant that most bet everyday. But most do not have the right outlook on it. I started a post a few months ago saying these very same things.
Picking winners isn't a problme for most guys, but staying in the game is.
As far as BW goes. He has more than a few skeletons in his closet. His first bankroll was obtained, in let's say a shady matter, and was conveniently "forgotten" about. But he garnered enough cash to parlay it into some nice revenue and enough reputation to do what he does now. And even in his real estate endeavors, he is less than ethical. But how many gamblers are all that ethical to begin with? It is a screw or be screwed first mentality for most. It doesn't have to be that way, but it is, even for the guys like him who have the smarts to make money doing it the "right" way.