Commonly, when a sports bettor finds himself on a losing streak, he tends to bet more than usual to "recoup" the money lost. This is referred to as chasing losses, which only ends up in more losses, and then the chasing begins again and the losses too, etc.This is called chasing losses, which leads to even more losses, more chasing, more losses, etc.This is what we call chasing losses, which only brings more losses and then more chasing and so on. Go to the reference of this site for more information about sports betting http://www.ultimatecapper.com/nfl-picks/
This phenomenon is as real as sports itself.In fact, scientific research has even been conducted on it in various places around the world.Among the most popular inquiries on chasing losses was done at the Department of Experimental Psychology at University of Oxford in the UK, where they found that chasing losses had something to do with increased activity in sections of the brain that were associated with reward expectation and incentive-motivation.
In contrast, quitting showed less activity in the same areas but more activity in areas associated with conflict monitoring and anxiety. In simple terms, participants who chased their loses focused solely on the good result; and conversely, the bad result when they finally made a decision to quit.
Of course, as a human being, there's no way you can totally wipe out your loss-chasing tendencies.But you can always plan ahead to control it as well as lessen your chances of responding negatively. To read more about the UltimateCapper
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So what type of plan do you need to avoid chasing losses?Just decide on four things:
1. Money you can afford to lose
2. Unit size (usually 1-5% of number 1)
3. Sport(s) to bet on
4. Choosing bets (analytics, value, etc.4. Picking bets (situational, tailing trusted cappers, etc.)
Once you're ready with those details, you can work on the rules below, which can help you avoid chasing that inevitable losing streak:
1. Don't up your unit size because of losses you recently had.
2. Don't make a bet you weren't planning on earlier.
3. Whether you win or lose, take a break after each bet.
4. Don't bet intoxicated or stressed.
5. Treat every bet independent of earlier bets.
6. Get score alerts only if you have a live bet strategy.
The above-mentioned rules are related in certain ways, but when you read them separately, you can get varying perceptions of your emotions as well as you betting tendencies. This also gives you a better understanding of the individual factors, and of their totality. Awareness is the secret, and the ability to identify these scenarios will help you avoid chasing. If you bet while in a state of worry, resentment, or a feeling of bad luck, that is a bad bet from the get go, regardless of the outcome. This is okay and even normal to an extent, but just make sure you know how to identify it when it comes, prepare a strategy to contain it, and just quit betting until you feel a lot better. Pick out the most interesting info about sports betting https://en.wikipedia.org/wiki/Sports_betting