brad01 Posted April 3, 2016 Report Share Posted April 3, 2016 Hi guys most info you read on gambling will break it down into 3 areas: Bet Selection - How to determine what to bet on and when Money Management - How to determine how much to bet on and when Psychology Of Gambling - How to control the human emotions that will prevent one winning at gambling There has bee much talk about bet selection on this forum and there are many approaches different people use to gain a better than 50% edge in bet selection There has been not enough talk on money management in the past and as Keith says we have been too focused on Up As You Lose Negative Progressions as opposed to Up As You Win or Flat bet Approaches. Keith has addressed this with 221 approach. I have added the thread of money management with flat bet approach I recommend and a level up to increase unit size the last part of the puzzle is psychology of gambling and in the past I have ready that this is the most important aspect. I did not believe that as I thought that it was just use common sense and be focused etc and there was a magic system of MM and Bet Selection that would always pull you through. I now would say that this is the most important and difficult part of gambling and I would like to start this thread to discuss this. The first thing I would like to discuss is the 'constant mental training and conditioning' that is required to keep human emotions under control. We are all human and we all have certain tendencies and weaknesses. This is what the casino relies on. the fact that they have no emotion in what they do because it is a business that they have set up so that emotion doesn't come into it. You can pretty much learn a bet selection and MM approach in an hour or less and practise it and refine it and never really forget it Human emotion is not the same - you need constant training and mental conditioning to keep your emotions under control or they will slip back to where 99.9% of gamblers emotions are - vulnerable to lose. I would like to promote some discussion on the types of weaknesses and mindsets we want to avoid, the ones we need to develop, and ways to keep emotions under control. 3 Quote Link to comment Share on other sites More sharing options...
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