Those who bet on sports regularly will experience bad runs from time to time. Bettors of all skill levels often encounter periods when nothing goes as planned, and picking a winner seems impossible. The best bettors are those who understand how to deal with this situation.
Over the years, I've had a few losing streaks. I've handled some of them pretty easily, since they were just blips. One of them happened not long after I began betting seriously, and it was nothing short of disastrous.
There are no hard and fast rules for dealing with losing streaks, and what works for some people may not work for others. I do have a few pieces of general advice, though, which should help you prepare for, and handle, the bad runs that you will inevitably face at some point in your betting career.
Accept that Losing Streaks will Occur
The first step in preparing to lose consecutive streaks is to accept that they will happen to you. If you think they won't, at some point you will have a shock. You're much more likely to handle bad runs well if they don't surprise you, so please don't fool yourself that you can avoid them.
Define a Bad Run
What is an exceptional losing streak for one player may be nothing more than a standard variance for another player. Therefore, an important part of preparing for bad racing is defining what bad racing actually is. For example, if you mainly bet on outsiders with high odds, you don't need to worry if you lose five or six bets in a row. However, if you bet on the favorites with a very short price, just a few losses in a row could easily be considered a bad run.
Maintain Accurate Betting Data
If you take your sports betting seriously remotely, keeping accurate records is absolutely essential. It will help you with many aspects of your bets and is especially useful when it comes to dealing with losing streaks.
One of the first things to do when you encounter a losing streak is to perform an analysis of your past bets. This analysis can really help you identify what the problem is, or if there is even a problem, and it's obviously impossible to do if you don't keep proper records.
When it comes to actually doing the analysis, you need to have an open mind. Don't assume you're doing something wrong, because there may be times when you're doing the right things and just having a streak of bad luck. But bad luck shouldn't automatically be blamed either. You may be using a strategy that just doesn't work, or you may be making the wrong decisions.
Stay in Control and Consider your Options
Perhaps the most important thing to do when facing a bad run is to maintain discipline. It's all too easy to let frustration take over when you start chasing your losses but doing so will likely make things worse.
If you are struggling to find the cause of your losing streak, you need to stay calm and in control. Your only chance to change things is if you make rational decisions and consider your options.
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