Long term if you could get on at the advised prices, it would have returned a decent profit overall. During this time, however, followers would have to have endured runs of up to 40 losers in a row! Despite the overall long-term profit, I suspect the vast majority of Pricewise followers would have been terminated either by a failure to set aside a sufficient amount of points or through failure to cope with the emotion of the losing run.

We feel able to protect clients’ banks as long losing runs haven't happened and the strike rate and odds have been more than enough to ensure long steady and safe growth for your betting profits. That is in essence the key to winning money. Manage your accounts in a way that protects them as far as possible from the element of risk that the game presents you. Use a good platform, the pro one is w88vn hong nhung.

Chasing Losses

Chasing losses, at first sight, may appear to be an easy way to guarantee an eventual profit but the true story is it is a game for fools and statistically will not work unless you generate an overall level stakes profit. Chasing losses is a game for the ill-informed who do not want to make the effort to seek value in their bets.

Bookmakers have to price

up every race. Punters don't have to play in every race, they can pick the races they want to bet in, and that is the main edge that people fail to understand.

If you have had a losing day, by attempting to chasing your losses you give up that advantage and bet in the races that you should not be betting in. You are therefore betting the way bookmakers want you to and not in the way to win.

Many punters will alter their stakes in the last race either to chase losses or play up winnings. It’s no coincidence that the bookmakers have ensured that the last race on each day is often a handicap or one of the hardest races that day.

The secret is waiting for opportunities and only betting when you know you have circumstances that favor you and not the bookmakers.

Lack of Value Appreciation

Appreciation of value in a bet is core to long-term success.

To profit over a long series of bets you must be betting at odds greater than the true chance of winning your selection have. To do this however over the long term, you need to concentrate on each race individually and seek the value bet in that race. There is value to be had in every race. The key to it is understanding

where that value is. Many times a punter will screw up a losing betting slip and say At least I had some value.