Steverr1
12-13-2005, 03:17 PM
In my actions I seem to have jumped to wrong conclusions regarding this forum. I am reminded that nothing works better than time to calm anger and other human haste.
Over the years I have shared my ideas and at times my horses with many. Now I get many emails and honestly it is extremely hard to keep up. Perhaps this forum will serve to answer many questions and private mails. One thing I have observed is that many of us assume that everyone is experienced and understand all the jargon. My emails prove that is not true. I am always receiving mail from Lurkers who are embarrassed to chime in and ask questions that they feel are stupid. In addition they are afraid of getting bashed by those who post sarcasms. In this beginning post I hope to pass on my thoughts to those who seek answers. I am not an expert in anything that I know of so remember that as I post. I will strive to give you a basic building block and along the way there will be several who do not agree. I can only state that these ideas have put me in the extreme of ROI’s.
Brother Dave, a former Southern Preacher would often say to us losers “If you don’t like what yah doing, then what yah doing it for? Made sense to me.
Dave would frequently add, If you ain’t winning at what yah doing, then why are you doing it? Hadn’t it occurred to you boys that YOU need to change Something?
Change? But I have always done things this way, Larry P likely would shoot back.
As you can see Larry P could never get it. He refused any change and never will be able to see there could be a better way, perhaps a winning way -laying it wait for him. So, everyday Larry goes to a job that he despises and one that also pays very little. I can’t knock him about his work as I respect that he is employed. But the days he attends the track he can only afford a small bet all day long, and worse yet he almost always gets influenced by a friend of his who knows it all. That’s just the way Larry P does things. Larry P has seldom had a winning day at the Track. His way is to view the money he takes with him as “already gone” for entertainment purposes. That’s just the way Larry P has always done things.
Ok, for sure we don’t want to be a Larry P but how do we get into the winning ways and take home a profit. Heres the answer:
If your methods, techniques, and observations cause you to lose more than you win then face the facts. You have to change something.
Obviously something isn’t working for you and nothing, and I really mean nothing will change for you until You make changes. When you finally realize change you are on the path to winning. You may not get to the finish line, but you will be making a necessary adjustment to become a consistent winner.
First Change: Attitude I could write so much about this one item, but for this writing let me just say that all winners have one thing in common. A Great Attitude. They not only believe they can win, they expect it. They will make you sick if you get near them. They won this, they won that, etc. Truth is though, that is the winning attitude. They have no expectations that they will lose. In other words, they bring confidence and skill with them and winning repeats for them everyday.
I watched Smiling Sam from Australia fight Winky Wright Saturday night. No one gave Sam a chance to get out of the second round. In the 8th round Winky was in his corner with ice for his swelling eye and was looking very tired. Smiling Sam sat in his corner with a big smile and looked like he had just started the fight. Attitude. He came to win and almost pulled it off. Everyone could feel and sense that Sam was in the ring to win because of the attitude that came through in-between rounds and in his corner. Point is, he never lost his attitude for the fight and he physically did as good as he could. Sam lost the fight, but gained many supporters because of his attitude. Next time he is a force that no one will take lightly. No one will doubt that Sam shows up to win.
Same for you. Take on a winning attitude towards horse racing and watch your world change. Always believe you are there to win. Always believe in your bets, and always stay positive.
Secret Of Winning: Money management. That it! I assume that you have the winning attitude, and knowledge of the game so money management is the secret weapon along with Discipline that will take you to a positive ROI. But exactly what is the money management thing many ask?
Money management is protecting your bankroll to minimize losses, while you apply handicapping methods to let it grow larger. Another simple way to state the same thing is that we are protecting our bankroll money as if it’s the last money we will ever have. We will put a Kung-Fu grip around our hard earned cash, but we will use bits of it to win money at the track, but only those bits that our management system will allow.
What if, just what if you alter your entire way of playing the thoroughbreds? No exactas, No Trifectas, No pic 3’s. Nada! What if for a week you Just do Win wagers? Nothing else -no matter what a lock it may be-no others period. Just win bets! This alone would be a major change for many of you.
The point is that if I can help you get into the winning feeling and your confidence comes back your outlook will greatly change all by itself on how to win. Why? Because at the end of one week you may have experienced a profit and a larger bankroll. Winning, regardless of the amount is always a high. Especially when you leave with more than you came in the track with.
You then can see, experience, and clearly know that You Too can win, that’s its possible for you too. Then you will be on your way to more bets, and winnings all the while managing your money for some larger wins and positive ROI. Call this one week experiment Winter Camp or something, but give it a try.
There are many methods to consider, but for some of you this one may work best:
**After teaching this type of wager to many ‘Novice’ friends along with other variations of the KC I have found that many find this method better than others
Starting with your bankroll make your first win bet 5% of the total. If you start with $400.00 then $20 will be your win bet. When you win or lose this bet -either add the winnings- or subtract the losses from the beginning bankroll. Here are the rules:
If you lost then your next win bet will decrease by ¼% making the amount 4 ¾% of what the new adjusted bankroll has become. For every loss decrease the next win bet by ¼% of the adjusted bankroll.
For every Win adjust the bankroll and then move up the next bet by ½%.
In the example-if we won-our first bet we would add our winnings into our bankroll and for the next bet use 5 1/2% of our bankroll.
Take whatever you want to take out after you have exceeded your bankroll if you want. Regardless, I would start over with my original bankroll after I reach 8 or 9% and take the money. And never go below 2% of your bankroll.
For many of you this is old stuff, but there are many new players who don’t know ANY money management techniques. There are many other ways to manage your money and stay in the game for a profit. This is but one way of those and very basic. As we proceed I add more to your game, but we first need to build a foundation.
One last thing, I think you should include my horse in the 11th today at Tampa. She has been training well. May get a piece of the Super.
Steve Richardson
Over the years I have shared my ideas and at times my horses with many. Now I get many emails and honestly it is extremely hard to keep up. Perhaps this forum will serve to answer many questions and private mails. One thing I have observed is that many of us assume that everyone is experienced and understand all the jargon. My emails prove that is not true. I am always receiving mail from Lurkers who are embarrassed to chime in and ask questions that they feel are stupid. In addition they are afraid of getting bashed by those who post sarcasms. In this beginning post I hope to pass on my thoughts to those who seek answers. I am not an expert in anything that I know of so remember that as I post. I will strive to give you a basic building block and along the way there will be several who do not agree. I can only state that these ideas have put me in the extreme of ROI’s.
Brother Dave, a former Southern Preacher would often say to us losers “If you don’t like what yah doing, then what yah doing it for? Made sense to me.
Dave would frequently add, If you ain’t winning at what yah doing, then why are you doing it? Hadn’t it occurred to you boys that YOU need to change Something?
Change? But I have always done things this way, Larry P likely would shoot back.
As you can see Larry P could never get it. He refused any change and never will be able to see there could be a better way, perhaps a winning way -laying it wait for him. So, everyday Larry goes to a job that he despises and one that also pays very little. I can’t knock him about his work as I respect that he is employed. But the days he attends the track he can only afford a small bet all day long, and worse yet he almost always gets influenced by a friend of his who knows it all. That’s just the way Larry P does things. Larry P has seldom had a winning day at the Track. His way is to view the money he takes with him as “already gone” for entertainment purposes. That’s just the way Larry P has always done things.
Ok, for sure we don’t want to be a Larry P but how do we get into the winning ways and take home a profit. Heres the answer:
If your methods, techniques, and observations cause you to lose more than you win then face the facts. You have to change something.
Obviously something isn’t working for you and nothing, and I really mean nothing will change for you until You make changes. When you finally realize change you are on the path to winning. You may not get to the finish line, but you will be making a necessary adjustment to become a consistent winner.
First Change: Attitude I could write so much about this one item, but for this writing let me just say that all winners have one thing in common. A Great Attitude. They not only believe they can win, they expect it. They will make you sick if you get near them. They won this, they won that, etc. Truth is though, that is the winning attitude. They have no expectations that they will lose. In other words, they bring confidence and skill with them and winning repeats for them everyday.
I watched Smiling Sam from Australia fight Winky Wright Saturday night. No one gave Sam a chance to get out of the second round. In the 8th round Winky was in his corner with ice for his swelling eye and was looking very tired. Smiling Sam sat in his corner with a big smile and looked like he had just started the fight. Attitude. He came to win and almost pulled it off. Everyone could feel and sense that Sam was in the ring to win because of the attitude that came through in-between rounds and in his corner. Point is, he never lost his attitude for the fight and he physically did as good as he could. Sam lost the fight, but gained many supporters because of his attitude. Next time he is a force that no one will take lightly. No one will doubt that Sam shows up to win.
Same for you. Take on a winning attitude towards horse racing and watch your world change. Always believe you are there to win. Always believe in your bets, and always stay positive.
Secret Of Winning: Money management. That it! I assume that you have the winning attitude, and knowledge of the game so money management is the secret weapon along with Discipline that will take you to a positive ROI. But exactly what is the money management thing many ask?
Money management is protecting your bankroll to minimize losses, while you apply handicapping methods to let it grow larger. Another simple way to state the same thing is that we are protecting our bankroll money as if it’s the last money we will ever have. We will put a Kung-Fu grip around our hard earned cash, but we will use bits of it to win money at the track, but only those bits that our management system will allow.
What if, just what if you alter your entire way of playing the thoroughbreds? No exactas, No Trifectas, No pic 3’s. Nada! What if for a week you Just do Win wagers? Nothing else -no matter what a lock it may be-no others period. Just win bets! This alone would be a major change for many of you.
The point is that if I can help you get into the winning feeling and your confidence comes back your outlook will greatly change all by itself on how to win. Why? Because at the end of one week you may have experienced a profit and a larger bankroll. Winning, regardless of the amount is always a high. Especially when you leave with more than you came in the track with.
You then can see, experience, and clearly know that You Too can win, that’s its possible for you too. Then you will be on your way to more bets, and winnings all the while managing your money for some larger wins and positive ROI. Call this one week experiment Winter Camp or something, but give it a try.
There are many methods to consider, but for some of you this one may work best:
**After teaching this type of wager to many ‘Novice’ friends along with other variations of the KC I have found that many find this method better than others
Starting with your bankroll make your first win bet 5% of the total. If you start with $400.00 then $20 will be your win bet. When you win or lose this bet -either add the winnings- or subtract the losses from the beginning bankroll. Here are the rules:
If you lost then your next win bet will decrease by ¼% making the amount 4 ¾% of what the new adjusted bankroll has become. For every loss decrease the next win bet by ¼% of the adjusted bankroll.
For every Win adjust the bankroll and then move up the next bet by ½%.
In the example-if we won-our first bet we would add our winnings into our bankroll and for the next bet use 5 1/2% of our bankroll.
Take whatever you want to take out after you have exceeded your bankroll if you want. Regardless, I would start over with my original bankroll after I reach 8 or 9% and take the money. And never go below 2% of your bankroll.
For many of you this is old stuff, but there are many new players who don’t know ANY money management techniques. There are many other ways to manage your money and stay in the game for a profit. This is but one way of those and very basic. As we proceed I add more to your game, but we first need to build a foundation.
One last thing, I think you should include my horse in the 11th today at Tampa. She has been training well. May get a piece of the Super.
Steve Richardson