First Losing Day - OH No - now I am depressed

Well Well, just when i thought it was all ok it all went wrong, No real surprise there because we all know thats the likliest outcome of any pursuit in life :)

So Monday was a good day, I took the £427 from Friday and in 15 minutes had turned it into £453, so well pleased, spirits were high and was looking forward to more of the same on Tuesday, no idea what was in store for me.

Let me just say i finished Tuesday with only £403 in the coffers having lost approximately £50. This is mega depressing for a couple of reasons but also given the strifes of the day yesterday its still a better result than i might have expected. Let me explain……..

After a couple of races my bank stood at £493. Brilliant and well above the target i had set of £475 so i should stop there right, OH NO. Not Iain, I decide in my infinite wisdom and greed that i should make the £500 mark as it would be lovely to do that so early in the week. Not only that i didn’t apply the sytem as i only needed to win £7 I bet on a odds on favourite to win and also chucked a couple of fun bets on placing horses as well, this had the effect of making my bet on that race quite large in terms of the required win, in fact i bet £22 spread over 5 horses. If the favourite comes in and i get1 or 2 of the more optimistic place bets then i stand to winaround the £100 mark, if just the favourite wins then i at least finish the day at £510.

However in a not entirely unexpected twist of fate the horse lost. Now I mentioned recently that i had been messing with lay betting and place betting to try and reduce the potential losses and this is something i felt comfortable with yesterday only to find that a string of very bad decisions had the effect of reducing my bank to £285. Not only that but on every bad decision i actually chose the winner from the ones not bet upon, typically. Anyway from the low point i at least crawled back to over £400 and hopefully have learned a lesson.

Stick to the system, do not be impatient and for god sake do not be greedy, I feel lucky that i have only been set back 2 days by this but am also experiencing a deal of self loathing stemming from the fact that i chose not to stop when i was at £493. Hopefully lesson learned!!! So today’s target is back to the simple formula and im looking just to make target and then STOP!!!!!!!!!!!!!!!!!!!!!!!!!!!

Target & STOP!!!!!!!!!!!!!!!!!!!!!!!
Target & STOP!!!!!!!!!!!!!!!!!!!!!!!
Target & STOP!!!!!!!!!!!!!!!!!!!!!!!
Target & STOP!!!!!!!!!!!!!!!!!!!!!!!
Target & STOP!!!!!!!!!!!!!!!!!!!!!!!
Target & STOP!!!!!!!!!!!!!!!!!!!!!!!

Wish me luck today to get back on track!

Iain

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