Originally <a href='https://www.sportsbookreview.com/forum/showthread.php?p=27019312'>posted</a> on 06/10/2017:

Quote Originally Posted by KVB View Post
This brings up another good teaching point for beginners and even those veterans who can get to a 55% to 60% win rate. Very few bettors realize that nearly 95% of the time you can expect to be behind. With proper money management your expectation is still to see new highs in account value only 5% of the time.

This is the reality of the mathematics of the situation. But this lesson is more psychological. If you know that this condition exits then you can better cope with it, not chase losses, and not constantly feel like you are behind and have to “make a move” to get caught up simply because your roll is less than its highest point.

Eliminate the psychological need to catch up and you are bound to make better decisions moving forward. This thinking may not add a winning play to your day, but it sure as hell may take you off of a losing play.

In sports betting, a penny saved in this fashion is most certainly a penny earned...