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Originally Posted by PIC6SIX
How do you combat your loosing streaks? Like personal psychological conflicts self analysis is not a valid and impartial means of resolution. So is having a handicapping coach or a buddy system the best remedy? Pitfalls can reside in one's handicapping, betting or both. Who do you turn to when things go south? I know this subject gets much chatter over time but i need to hear new and old replies again. Thanks
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I started studying card counting a couple years ago and it has made me a better all around gambler. The BJ (and probably poker books as well) books really address variance much more than most horse racing handicapping books.
When you fully understand variance, you will realize there will be losing streaks in racing, just as you will never hit 60% long term betting sports. It's possible in blackjack to be making 100% accurate decisions and betting correctly and still lose. The main difference is in horse racing, you don't know if its all variance or all bad decision making. Likely a bit of both.