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03-21-2006, 06:54 AM | #11 | |
Grade 1
Join Date: Jun 2005
Posts: 7,014
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Quote:
HI Bobby, This fella sounds just like the guy Ramon posted about but in a different environment. A loner, fires big, has the answers to his own questions etc. I am very fortunate indeed to know someone like this. Good post Bobby! Richie |
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01-25-2013, 10:10 PM | #12 | |
Grade 1
Join Date: Nov 2011
Posts: 695
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Quote:
Emotion Free Wagering..... Success is when preparations meets opportunities.... Thanks for sharing Richie.... |
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01-26-2013, 12:31 PM | #13 |
Grade 1
Join Date: Jul 2007
Location: NYC and San Diego
Posts: 627
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7 year old post and still absolutely valid.
A couple of years ago live at the track I saw someone that might be considered by many an "expert" in their field, supposedly profitable. They were betting just about every race and absolutely screaming at the tv monitor at the horses he had money on and screaming in celebration when he got the money on a longshot and screaming in disgust when not. That spoke volumes to me as I had never met a winner who screamed at the tv monitor or screamed at jockeys or trainers after the race, and I met plenty of these kinds of 'cappers attending the SoCal circuit live for many years. It took ME a long time to get rid of the emotion in my betting and to stop blaming others or other factors for a loss. I also used to yell at the tv monitor while the race was running. One could do worse than printing out Richie's original post and taping it on their wall. |
01-26-2013, 12:52 PM | #14 |
The egg man
Join Date: Jul 2008
Location: Carlsbad, California
Posts: 10,005
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Wow
Wow Lou
You hit a great point that has had a big impression on me for many years It happen to me at Pace and Cap day up at Saratoga There was a "name" over at the Paceadvantage tables He was a real big shot with his own software and methods A real Sartin hole digger. He made a grand entrance as he set up a small office at his table, He made a good impression, well dressed and it looked like he had his records ready for referense Everything seemed too good to be true. Until the races started. Just as you say I was so turned off watching him scream for $6.00 winners and scream in horror after loses. I realize some people act differenly in public perhaps his reactions were from being nervous in public. but still something did not seem right . I have the benifit of knowing Richie and some of his friends Even when Richie and I had too pool our money just to make a $2.00 win bet He would act cool and never once did I see him get upset after a loss. I on the other hand would go into a depression. I was very far from being a pro. I have been working on the journey to get there all these years later. Bill |
01-26-2013, 09:00 PM | #15 |
Grade 1
Join Date: Jul 2007
Location: NYC and San Diego
Posts: 627
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Bill, I also had the opportunity to sit for a day handicapping and betting with Dick Mitchell, Barry Meadow and Ron Ambrose in a private enclosed box at HOL - just us four. I attended a couple of the Jim Quinn, Tom Brohamer, Frank Romano seminars done at SAX in the early 90's which were fairly small groups as well.
Not one of them yelled and screamed at the monitor while the race was running. If they took a tough loss, they didn't like it but they never let it affect their emotional state and would just go on to their next play. They would not change their future bet size or betting plan. Just like Barry described in his book, I watched him spend most of his time looking for value in exacta payoffs - he was very focused. Just think about how a consistent, professional .300 career hitter in baseball conducts himself, and he fails 7 out of 10 times. If he let each failure affect his next at bat, he wouldn't hit .300 for long. |
01-26-2013, 11:25 PM | #16 | |
Grade 1
Join Date: Nov 2011
Posts: 695
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Quote:
I had attended that same seminar by Brohamer and Quinn ...I believe it was Best Pal's second year in the Big Cap at Santa Anita....Best Pal blitzed the field the year before when trainer Gary Jones was blessed to be handed over the training of Best Pal after it was taken away from Ian Jory....Jory did a masterful job training Best Pal, prepping Best Pal towards the Big Cap as a major race objective. John Mabee showed impatience and handled the situation horribly....But hey, he was the owner..... I remember clearly that Brohamer kept telling the crowd that Best Pal had no pacelines that made him competitive for the Big Cap.....He was peppered with questions from all sides during the seminar but Tom kept cool and stuck to his position that Best Pal had no lines.. Tom kept reiterating, "Where's the line????" Betting mindset takes time to develop and the desire and focus to achieve it...It takes a strong fortitude to take our emotions out of the equation especially, when the majority of the crowd are yelling, shouting, and screaming at the numbers, jockeys, and trainers, and the people around them... |
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01-27-2013, 11:57 AM | #17 | |
Grade 1
Join Date: Jul 2007
Location: NYC and San Diego
Posts: 627
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Quote:
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01-27-2013, 01:23 PM | #18 |
The egg man
Join Date: Jul 2008
Location: Carlsbad, California
Posts: 10,005
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Lou and Lone speed
Not that I am betting that much but I do split my time 50/50
betting in the office or down at Del Mar in in the surfside racebook or in the main track building during live racing. I seem to do better in a live action setting. I think at home two factors hurt At home its a challenge to stay in focus I find I bet too many races at home At The track I bet very few races and really focus on the ones I do at home its too easy to say "what the heck" and push the submit button. I don't have any records to support this because when I bet from Del Mar I use the Doc method of left and right pockets I do know that ever since 1997 My highest win My highest trifecta My highest pick 3 My highest double My highest superfecta have all come at the track only my higest exacta came online thanks Bill |
01-28-2013, 03:23 PM | #19 |
Grade 1
Join Date: Jan 2010
Posts: 507
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Richie, Thx for the great post..I've been with the Methodology since 1990 and due to jobs and business could only work on racing part time..but have constantly worked on the things listed in your post..the 2 hardest for me was building the bankroll and emotion free wagering...I finally made the move in November 2012 to turn pro and have mastered all 6 things on the list. I relate the emotion free wager to things that I used to do in business, by keeping detailed records I always knew what to expect in business and do the same thing with wagering...there is only one minor change (sometimes) on #3 90% of the time I'm at 2% when wagering but on rare occasions go to between 3-4% depending on the situation..Thanks again for this post..it is going in a picture frame and will be posted in my office to keep me reminded of where I came from and how long it took me to get here......Randy A.
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01-28-2013, 08:44 PM | #20 |
Grade 1
Join Date: Jan 2010
Posts: 507
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This great sport that we are involved in is like having two jobs in one. Handicapping(preparation) and wagering (getting paid)...95% of the people that go to the races buy the program when they walk in and start handicapping. As Doc said in the Follow Up,,95% lose. You must handicap and prepare at home the night before and in the morning BEFORE going to the track(work). The hardest part of this job is wagering properly..do that at the track after the races have been handicapped at home. Handicapping and wagering decisions need to be kept separate as much as possible. But thanks to those who don't do it right...'cause that's where our money comes from..!!!!!!!!!!
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