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How to Bounce Back From Long Losing Runs

Long Losing Runs

Long Losing Runs. It was ex-footballer Iain Dowie that coined the phrase – or rather, mangled several words to create the phrase ‘bouncebackability’, after his team came back to win from a losing position.

In this article, I want to give a few practical ways in which we, as punters, can adopt more of that into our betting – especially after experiencing long losing runs.

No one likes losing, and it’s made even worse when you are caught in the middle of a slump that continues past your previous losing averages.

You know the feeling when…

You hit 9 or 10 losses in a row and although you get slight wobbles you have been there before and are confident of a winner arriving soon.

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Then… you hit 14 or 15 and the nerves start to kick in but you carry on anyway as you feel you’re closer to a winning run after such a lengthy bad spell.

Next… you are now into an unprecedented run of 16 consecutive losers and your faith in the service or strategy is severely shaken.

You’re left puzzled as it’s the first time you’ve experienced a down period lasting so long.

And it’s made all the more puzzling by the fact you’re following a high strike rate method/service with typical losing runs of no more than 7, 8 or 9 at most.

You reluctantly decide to call it a day despite still having an adequate betting bank to cope with the downturn and instead sit on the side lines and continue to watch results.

… only that’s when the inevitable happens…

If you had carried on betting for real you would have won the next four bets in a row! … followed by a few losers… then another good winning run that not only would have cleared your losses but have swung you back into profit, too. Damn!

Of course these Win/Lose patterns will depend on your method/service strike rate.

If it is a high strike rate method then losing 7 or 8 in a row would be commonplace. If it’s a low strike rate and high-priced winner service then losing runs of 20+ should be the norm and not be treated as unexpected. Yet in knowing these upfront forecasts, many bettors still get the jitters when they occur and we need to address this to be successful in the long term.

For most people, 8 losses in a row appears to be their psychological limit. At this point they start to feel that they need to ‘fix’ something, leaving them to wonder whether more filters or a tweak here and there may work.

It’s a very familiar pattern by many punters who decide to stop when the going gets tough, and one that’s hard to shake.

The only option if this rings true with you is to find practical ways of breaking this cycle once and for all, as this is the single biggest hurdle in punters making a profit or not – full stop!

A predictable knee-jerk reaction to failure is to look for someone or something to blame. In most cases, it is the strategy or service provider – when in actual fact it could be a perfectly sound strategy/service, proven over many years and operated by vendors who work very hard to deliver profits for their paying clientele.

The crucial point is always at the start: if subscribers experience early losers they can quickly go into a nervy downward spiral, wondering whether they are in for another big drawdown before getting off the ground.

All is not lost, however.

There are a few ways in which we can trick the mind into giving us that comfort-blanket feeling in order to help us stay in the game and reap the benefits of any upturn. This is especially crucial after being knocked for six after a bad spell.

First and foremost, you have to make sure you still have belief in the service or method you are following. This belief can only be formed if you have access to reliable past data. After all, we don’t want to be throwing good money after bad.

Now this may sound a little crazy but bear with me as it worked for me in the early days, and for many more since.

Let’s say you join a service that advises a 100-point betting bank, and you decide on £10 per point as you stake.

Having put aside £1,000, you start betting and very shortly hit a prolonged drawdown that sees your bank drop to around the £600 mark, or to a psychological low that finds you on the verge of giving up.

Instead of stopping, our next move would be to top your bank (if you can) back to your original £1,000 starting bank (remember ONLY do this if you have faith in the service going forward and based on reliable historical strike rates and price of winners).

What we are trying to do here is return to the financial comfort zone we originally started with, helping us carry on betting to take advantage of the upswing when the average strike rate returns. Remember, we can always withdraw the added money later.

What if you haven’t got the funds to top up?

Here we can switch to betting a set percentage of bank at all times. For example: if your starting bank is £1,000 and you were betting 1% of bank (£10 level stakes) and your bank has now reduced to £600, then instead of carrying on with £10 level stakes simply stake 1% of your new bank total of £600.

In this example, that would mean £6 on each selection and this stake would go up or down depending on your new bank total.

This is a very popular staking plan used by many professionals from the outset and is designed to mitigate the bad times and take advantage of the upswings.

Another option you can try is to simply half your stakes. So instead of starting with the prescribed stake, actually half it! If you are happy with £10, then start on £5 units. If you are happy originally with £10 stakes, then £5 stakes are going to place you firmly in the financial comfort zone

This can do wonders for your mind set and it’s why this option has worked for many readers that I’ve put this idea to.

So there you have it. You now have a few alternative Jedi mind tricks that you can try adopting to solve one of the main obstacles standing between you and long term betting profits.

For more betting/trading related articles and systems please take a look at this link below.

https://www.quickfirebetting.co.uk/end-of-lockdown-offer/

Until Next time.

All the best

Andrew David

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