If I asked you if the sun would rise tomorrow morning, your answer would be an over whelming – YES!
And much like the rising sun, you are inevitably going to hit a losing streak.
They are frustrating and sometimes defy logic as all your deep analysis and sound betting theory supported your decision.
Don’t lose faith – This is a good opportunity to review your staking method and bet selection process.
Take a break
A successful sports bettor and my mentor, always tells me to take a break after a losing streak.
Well, after a run of losing bets, you are at your most vulnerable. This is where all reasoning and rationale goes out the window as you look to chase your losses and recoup your money.
This is just a normal human reaction as we seek to rectify our losses.
If you take a football manager for example, after losing a high intensity game both the team and the managers rethink their tactics, asses their strategy and implement the changes.
The same applies to your sport betting strategy, use the break to assess your losses, rethink your staking method and implement your changes.
There is no harm in taking a week or two off from betting – Freshen yourself up and get back to your winning form.
This brings me to my next step.
Analysing your betting performance
If you find yourself on a long losing streak, take a break and start analysis your betting history.
I assume you have a record of all your bets placed – if not – Start one now!
A simple spreadsheet of your previous bets is all you need.
A good habit to start in addition to your spreadsheet is to make a small comment on your approach to selecting your bet.
~ Did you follow your strategy?
~ Did you complete your full analysis?
~ Did you stick to your staking method?
These are just a few of the notes I leave when placing my bet.
This way, when you are reviewing your past performance, you will start to see exactly where you have gone wrong.
Don’t be afraid
Better yet, don’t be a coward!
Yes, you may have doubts about your next bet, we all do.
But the only way to dig yourself out of a losing streak – well, is to keep digging.
If you are doing things right, a correct staking plan and bet selection process, keep doing them.
Keep to your process and you’ll soon get to your winning form with greater confidence.
Get Over It!
Yes, losing streak are terrible, especially your first one.
You will doubt your abilities and want to give it up all together.
But take it from us, over the course of your entire sports betting life, your first losing streak will look like a blip on your overall performance, and you will come out better in the end.