1. #1
    easyliving
    easyliving's Avatar Become A Pro!
    Join Date: 06-25-12
    Posts: 8,876
    Betpoints: 11

    Consistently losing right back making a withdrawal

    After I make a withdrawal on one of my accounts I always go on a losing streak usually lasting 2-3 days. My last 6 withdrawals straight now I've had back to back losing days after a cashout. And its not like I am decreasing my unit size or working with a smaller bankroll, I am usualy only withdrawing my profits. Once again I make a withdrawal last night and before you know it I am down 4.5 units for the day just like that. I tend to be a bit more overconfident after a withdrawal however I am still cautious with my wagers and don't bet anything I normally wouldn't. Anyone been in a similar situation and has any suggestions?

  2. #2
    stefan084
    stefan084's Avatar Become A Pro!
    Join Date: 07-21-09
    Posts: 1,489
    Betpoints: 601

    don't withdrawal

  3. #3
    TheMoneyShot
    TheMoneyShot's Avatar Become A Pro!
    Join Date: 02-14-07
    Posts: 28,681
    Betpoints: 23701

    Easy. Happens to me all the time. It's all psychological. I've tried to figure out why. The only thing I can come up with... we take a look at the balance when we log in and it's a DROP. It's not a really LOSS but a DROP... and mentally we see it as a loss and not money in hand. It's all confidence. And 100% psychological. Hard to snap out of... the only thing that makes you feel good is win the next 2 after a PO and it sort of changes momentum... but it never works out that way.

  4. #4
    easyliving
    easyliving's Avatar Become A Pro!
    Join Date: 06-25-12
    Posts: 8,876
    Betpoints: 11

    had another horrible day today, Probably will take the rest of the week to get it all back.

  5. #5
    GotGreek
    GotGreek's Avatar Become A Pro!
    Join Date: 01-14-14
    Posts: 335
    Betpoints: 11727

    I play with a local,so i dont have that issue but i do chase if i was up and i go on a little losing streak. Its what makes us addicted to gambling, even if you're still up you feel sad and start chasing to get it back. Never ends good.

  6. #6
    High3rEl3m3nt
    SBR's 7 figure Contractor
    High3rEl3m3nt's Avatar Become A Pro!
    Join Date: 09-28-10
    Posts: 8,004
    Betpoints: 4134

    your roll has to be able to sustain losing streaks, without feeling as though you have to push all in. If you continually readjust your unit size so that it stays in proportion to your roll, you'll give yourself a better chance. Easier said than done of course. Gl!

  7. #7
    GotGreek
    GotGreek's Avatar Become A Pro!
    Join Date: 01-14-14
    Posts: 335
    Betpoints: 11727

    New approach, when you cash out next time two or three days off and enjoy some of the winnings. This should make you more relaxed and also mentally give you a feeling you won something.

  8. #8
    easyliving
    easyliving's Avatar Become A Pro!
    Join Date: 06-25-12
    Posts: 8,876
    Betpoints: 11

    Quote Originally Posted by GotGreek View Post
    New approach, when you cash out next time two or three days off and enjoy some of the winnings. This should make you more relaxed and also mentally give you a feeling you won something.
    I would be missing out on alot of action if I took time off. I don't always withdraw on the same day and If I withdraw on a Friday that would mean missing the entire weekend.

  9. #9
    easyliving
    easyliving's Avatar Become A Pro!
    Join Date: 06-25-12
    Posts: 8,876
    Betpoints: 11

    just requested another payout, likely will lose another 3-4 units night. Gonna be even more cautious than regular making my wagers tonight

  10. #10
    Vitothecapper
    Vitothecapper's Avatar Become A Pro!
    Join Date: 08-07-13
    Posts: 845
    Betpoints: 682

    Quote Originally Posted by easyliving View Post
    just requested another payout, likely will lose another 3-4 units night. Gonna be even more cautious than regular making my wagers tonight

    Spend half the money!

    But something you might need.

    Don't gamble it all away.

    Follow the general only!

  11. #11
    T4TRUTH
    T4TRUTH's Avatar Become A Pro!
    Join Date: 06-25-12
    Posts: 289
    Betpoints: 67

    There is a saying "scared money never wins" so is it TRUE? well lets say your bank roll is 3 dimes. you take a dime payout to have some fun. now 2k is a smaller amount to play you place two wagers say 200 a piece. bankroll now sitting at 1560 looking a lot smaller than the 3k prior to your withdraw. nerves kick in, in a psychological kind of way because you were sitting with a 3k balance and now it is 1560 available. so all of a sudden you have disrupted the momentum of your run. You may not think it matters but it does. Also keep in mind that while you were winning it was easier because of the reverse effect, the balance kept going up .
    strategy to fix it. set the bar a little higher. Only withdraw when you will leave your balance high enough not worry about your next plays

  12. #12
    Yuuuup11
    Update your status
    Yuuuup11's Avatar Become A Pro!
    Join Date: 01-16-14
    Posts: 39
    Betpoints: 145

    it's called variance just gotta be smart with the roll management and ride it out

  13. #13
    easyliving
    easyliving's Avatar Become A Pro!
    Join Date: 06-25-12
    Posts: 8,876
    Betpoints: 11

    went 0-4 with my soccer and baskettball picks in europe can't make this stuff up

  14. #14
    easyliving
    easyliving's Avatar Become A Pro!
    Join Date: 06-25-12
    Posts: 8,876
    Betpoints: 11

    if anyone is looking for a fade I am taking the Knicks-4 in the NBA tonight

  15. #15
    capone1899
    capone1899's Avatar Become A Pro!
    Join Date: 06-16-11
    Posts: 1,054
    Betpoints: 122

    I believe people withdraw too much of their bankroll and they use poor money management with what they have left. Basically, if you have 2000 and withdraw 1500, people try to take that last 500 and build it back to 2000 really quickly betting like a crazy man. The result is usually a busted account

  16. #16
    relaaxx
    relaaxx's Avatar SBR PRO
    Join Date: 06-15-06
    Posts: 3,271
    Betpoints: 14062

    whatever you believe will happen --- will

  17. #17
    solring
    solring's Avatar Become A Pro!
    Join Date: 11-04-09
    Posts: 169
    Betpoints: 3434

    The Cashout Curse Lives Again...

  18. #18
    jimmy007oc
    jimmy007oc's Avatar SBR PRO
    Join Date: 08-25-10
    Posts: 1,694
    Betpoints: 15064

    Man, i happened to me too. I made a Withdraw last Monday, then I hit a losing streak whole week. I guess the next time when i withdraw, i'll take a week or 2 off.

  19. #19
    Ruifgalmeida
    Ruifgalmeida's Avatar Become A Pro!
    Join Date: 04-23-08
    Posts: 2,024
    Betpoints: 5324

    0-4 is not a big deal , I once got 0-14 now that takes talent

Top