Have you ever suffered big loss on your betting? Don’t feel bad, you are not alone, a lot of other people routinely fall into the same trap. You may be betting on a horse race and all of a sudden get caught up in the enthusiasm of the race and decide to bet more, so you put more and more money down, and the next thing you know the race has ended and your horse is nowhere to be seen in the winner’s circle. There you are, holding the bag, your money is gone and you have nothing to show for it aside from the enjoyment of the race.
You may want to consider developing some guiding rules for yourself to keep yourself in check in the future and prevent any further loss. For example, before the race decide how much you will bet and do not deviate. Based on sound logic, decide which horse or horses you will bet on and why, and do not deviate. Now, execute your plan, do not get carried away by the emotion of the people around you or the enthusiasm of the race.
Enjoy yourself and good luck!