Losing bets: what to do?

#1. To have a break
The most dangerous time for a bettor is the first few minutes after losing a bet. Because it is at this time that most players have a great desire to win back and make a bet at random, just to get their money back. But after some time, this impulse begins to weaken, and then completely recedes. Such bets should not be made in any case, because they are made under the influence of emotions, so they rarely win. When she loses, you will want to win again. This is a vicious circle from which it is very difficult to get out. Therefore, it is better not to even get involved in such adventures and take the loss calmly.

There is nothing wrong with wanting to win back your money – this is a natural human reaction to defeat. The difference between a professional bettor and an amateur is that the former keeps their emotions under control, while the latter follows their lead. If you want to become a pro – stay calm, be patient and follow the cold calculation of rates according to your strategy.

#2. Change your strategy
If you see that your strategy is failing, do not continue to persist, but rather improve it. Most likely, changing the betting model will benefit your betting tactics. But it is still better to check the bidding model in advance. How to do it?

Use Excel spreadsheets with coefficient archives. You can run the developed betting model on sports events that have already ended to check its effectiveness. This will help to minimize the number of losses on real bets.

#3. Reduce your bet amount
This technique, of course, will not relieve you of the risk of losing, but it will help reduce costs. This is especially important for bettors who cannot deal with losses impartially and lose confidence with each loss. Although in fact, most bettors do just the opposite – they increase the size of the bet in order to recoup as quickly as possible. It’s even hard to imagine how much people lose on bets by making this mistake.

Resist the urge to win back by increasing the amount of the bet – this always leads to financial ruin.
At the initial stage, it is much more important for a beginner bettor to understand that his strategy is working, and not to try to win as much as possible by betting huge amounts. You will always have time to come to big money if your strategy is really working.

#4. Bet Carefully
Focus on the sports and leagues that you are good at. Do not bet at random, under the influence of emotions, fleeting desires and intuition. Intuition, of course, is good, but professional bettors still rely on their own mathematical betting model, and not on their inner voice.

The main thing that will help you survive a series of failures is the realization that your strategy in the long run will still give a plus. How to be sure of the profitability of the strategy in the long run? Calculate the ROI of each bet. If the ROI is positive, then your strategy will bring profit over the distance.