Originally Posted by
warriorfan707
I chase. I cant stop myself from chasing. I do it every time.
If I had 2k, I lost 1k betting MLB, I would bet an Australian Ping Pong game to get my money back at the end of the day if I had to.
If I lose a few units, it is very difficult for me to call it a day. Next to impossible".
Sad. At least you're honest. The above quote is why you'll crash and burn. You can hit 70%, but picking winners is not what its all about. It's about controlling your impulses. Gamblers are neurotics with an unconscious wish to lose and therefore will always lose in the long run according to psychoanalytic theory. I'm currently working on a behavioral approach Model in order circumvent or control the impulse to beat ourselves. I'll be publishing the results soon.
In less than a week, he has gone from being up 53 units, to up 20 units.
Again, a gamblers unconscious wish to lose foretold Bruins4life observation above.
The current 20 units will dwindle down to zero and warriorfan will sulk to the sidelines. But fear not, like ALL OF US he'll reload and make another run, he'll be up to 50 again, hopefully he'll realize that you need to take money out! 25 units at least. Otherwise his unconscious will take it back to Zero, everytime.
@)