Quote:
Originally Posted by how cliche
It's simple math. Many great bets in this game have a low probability for success, but payouts inordinately high for how often they win. Most profitable plays hit at or below 20% of the time. Therefore, downswings are standard. You're going to have them. The most satisfying emotion for players is staying true to their process and emerging on the other side, getting unstuck and realizing it will happen again, but you made it through this and will best them moving forward as well. All you have to do is make profitable plays and eventually things will fall into place. Remember, a lot of great bets miss the board. Again, standard.
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That is true....
I can't count how many times I handicapped an entire card and selected 3 contenders from each race and had the winner in at least 6 of the 10 races in those three contenders. However, after doing the math, if I would have wagered $2 on all three contenders in each race, I would have still lost money.
This is where the value lines come into play. But if you're not playing live and instead putting in your wagers and going about your day, you can came back later to 6 winners and still be down $20.
