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Old 05-31-2007, 10:08 AM
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Dunbar Dunbar is offline
The Curragh
 
Join Date: May 2006
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Quote:
Originally Posted by Scav
I always had the smartness, just didn't have the freedom. I agree that money makes you do stupid things, I have been pissing it away on some comedy stuff (A $10 cowboy hat is one of those things) but from a wagering perspective, I actually PULLED back for once, never did that at all. I was up like $700 and said "This is enough for today" and the computer closed. a great feeling actually
Maybe a "great feeling", but the wrong move. There will be days when you lose $675 or lose $800. At the end of the year, if you have an edge then the more time you have put into capping and betting, the more money you will make. If you quit for the day every time you reach some arbitrary threshold, you are 'leaving money on the table'.

Instead of thinking in terms of how much you are up for the day, you should get in the habit of thinking in terms of where you are overall. Don't reset each day at zero. Don't waste mental energy worrying about whether you will finish ahead for that day.

--Dunbar
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Curlin and Hard Spun finish 1,2 in the 2007 BC Classic, demonstrating how competing in all three Triple Crown races ruins a horse for the rest of the year...see avatar
photo from REUTERS/Lucas Jackson
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