hot/cold streaks

Question

im on a terrible cold one right now. from January-march I was pretty much making 5 k a month.

got hit with some bills march than went cold and lost the 4k I had left. since than everything I deposit has been burned. for instance I deposited 50 on Friday...got to 1800 and now I lost it all.

feel like ending this nonsense...getting to 5-15k really made this an addiction imo. the highs are not worth the lows

marquee_ · Answer

im on a terrible cold one right now. from January-march I was pretty much making 5 k a month.

got hit with some bills march than went cold and lost the 4k I had left. since than everything I deposit has been burned. for instance I deposited 50 on Friday...got to 1800 and now I lost it all.

feel like ending this nonsense...getting to 5-15k really made this an addiction imo. the highs are not worth the lows

searchwarrant · Answer

I&#x27;m dealing with the exact same disaster almost to the letter. May sound like a cliche but remind yourself constantly to get into a positive mind frame because things will turn.

marquee_ · Answer

all it takes it that one loss to turn the stride.  when I was at 1800..i bet about 800 on one match so I could get In a good spot..lost it and from there it was downhill.I dunno if I need a break or to quit all together.the funny part is duing the hot runs..i had a time in February where I was up to 8700...I lost 8200 literally in two days.  I used that last 200 to get back to 10,000.  its crazy really.

Slobbasaurus · Answer

Should gamble for entertainment and not for income.

I was in your shoes about 3 years ago. I haven't placed a wager on a game (outside of Devils games when I go to Prudential) since the Germany/Argentina World Cup Final.

I only place Future wagers for small amounts ($100-$250) and my bank accounts reflect it.

Do what I did and quit while you're behind. I know it's easier said than done. After several months of not gambling, I really didn't have the urge. I just looked at my accounts when I did.

I can't begin to tell you how much money I lost over the years chasing when I was on a cold streak.

BOL Marquee

marquee_ · Answer

heh about this time last year i got up to 3k and lost it all.  I stopped betting for the rest of 2016.  like you said i didnt even have the urge all year long.until i deposited 70$ on new years and kept on winning.  I agree with you its best to not take it as income cause thats where the issues lay.

Slobbasaurus · Answer

It&#x27;s a real tough habit to quit but you have to be disciplined.  Like I said, easier said than done.  If you have a gambling urge, substitute it for investing in low cap stocks with growth potentialIt&#x27;s still gambling.  It&#x27;s just socially acceptable.  BOL, but the more you continue to gamble and try and chase a profit or recover losses, the deeper you&#x27;re digging yourself in financially.

TheGoldenGoose · Answer

Gambling bankroll should be separate from "household bills"This prevents the agony of a negative streak.I know it&#x27;s difficult, been negligent myself, but should be a firm rule.

OneDollarParlay · Answer

I&#x27;d say just realize that you won&#x27;t get rich off of sports betting.Once you really implement that, you set your standards lower in terms of how much you need to win, etc. and a lot of your problems will autocorrect themselves

hot/cold streaks

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