The betting bookies Wins again. Mike was up over $7000 and end up losing over $7000. Its like they are watching your bet man.
He's on probably the worst streak he's been on and he still isn't down much overall. A few lucky breaks and things would be different.
The lesson to learn here is how important money mgmt is. Even when he was winning he always started his series at $5 knowing that any chase system will eventually have cold streaks and they key is having the bankroll to survive them.
The same can be said for Dan in his hockey thread. He doesn't increase his unit size by some crazy amount just because he his winning.
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Quote Originally Posted by 100dollarman:
The betting bookies Wins again. Mike was up over $7000 and end up losing over $7000. Its like they are watching your bet man.
He's on probably the worst streak he's been on and he still isn't down much overall. A few lucky breaks and things would be different.
The lesson to learn here is how important money mgmt is. Even when he was winning he always started his series at $5 knowing that any chase system will eventually have cold streaks and they key is having the bankroll to survive them.
The same can be said for Dan in his hockey thread. He doesn't increase his unit size by some crazy amount just because he his winning.