Sports Betting Psychology: How To Deal With Bad Runs

1. Simulations

One way you can deal with losing runs is by running some simulations, which will give you a better understanding of how probable a downswing is. For example, let’s say you are consistently placing bets with a 3% edge. Using a tool like SportsBettingCalcs you can run a simulation based on your bankroll size, stake size, and more variables to see some possible future results. Once you’ve inserted the data into the calculator, you’ll be able to see the chances of losing 10% or 50% of your bankroll. With access to in-depth data like this you can be better prepared for variance. So, if you are down 20% of your bankroll you won’t be as surprised, as you are already aware of the risks.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store