Chasing Losses
Do not increase your bets or bet on more games in order to make up losses. You will lose bets. You will experience losing streaks as well as winning streaks. You must stay disciplined. By chasing losses all you do is put your bankroll at risk. If you experience a losing streak, reassess your research and handicapping efforts. If in hindsight you would still make the same bets, then relax and stay consistent. If you see gaps in your skills, then spend some time learning. Frankly, the learning experience never ends.
Winning Exuberance
Do not increase your bets or bet on more games because you are on a winning streak and can’t lose. You can and will lose.
The natural temptation when you have a great week, is to start doubling your bet amounts and the number of games you are betting on.
Do not do it. You must stay disciplined.
