Quote:
Originally Posted by Secondbest
I would think you need more than $1000 discretionary money. With a 14% hit rate you can get some long losing streaks especially at first when you are still learning. If you can't take losing ten races or more in a row at 40 a pop then win one then lose ten more this program is not for you. That's why Michael stresses the mental aspect. If you can then it looks like you'll do well.
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yeah i look at the money i bet as marbles. not money. if i think it is money then their is the emotional attachment to it. just losing some marbles and sometimes getting some marbles. as far as a 14% hit rate, that is a generalization not all bets are alike if i like a horse in the 9/2-7-1 range that is an overlay i will bet 1 unit. if the horse has odds from8-1 or so up to 20-1, then i will bet 1/2 unit. simply because my longshots win far fewer races than my sweet spot horse bets. does that make sense?
