Chasing losses
How to Stop Chasing Losses and Impulse Bets
You can handicap a game well and still lose the week. The damage usually comes from a bet that was never part of your plan: a side you liked that morning, a game you never set your own number on, a bet size you meant to cap and did not.
Call it what it is: an impulse bet. When it comes right after a loss, it is chasing losses.
What does an impulse bet look like?
It does not feel like a mistake when you place it. It feels like a reason.
- The line moved and you chased it.
- A player was ruled out and the side felt obvious.
- You were down for the week and wanted to win one back.
None of those is a betting rule you wrote down before the slate. They are reasons that showed up after the feeling did. The money follows the feeling, and the bets you placed are no longer the bets you planned.
How do you stop chasing losses?
Track impulse bets right next to the bets that followed your plan. Same week. Same record. BetSharper keeps them side by side, so you can see what the unplanned bets cost compared with the ones that had your own number, a written rule, and a bet-size limit behind them.
Passing is a result too. If a side never fit your rules, it can stay a lean and never become a bet. The week you keep is the week you already planned.
A record is a record. These posts do not promise a profit.
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