Chasing losing MLB bets a recipe for disaster

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This week, I want to talk about “The Chase.”

No, I am not referring to either Chase Anderson, Chase Headley, or even Chase Utley. I am referring to “chasing a loss.”

As usual, I spent quite a bit of time this past week making wagers and watching games in several Las Vegas sports books. You don’t have to turn on the tube to see reality TV. You can witness more drama, fun, excitement, or trials and tribulations in a sports book than you can anywhere else on the planet.

One of the most distressing things I see over and over, is a gambler chasing a loss. We have all been there … starting your day off with a loss and then trying to get that money back.

This is one of the biggest mistakes a gambler can make. We all want a major “score” today. But gambling is not a sprint, it is a marathon. The baseball season is long, spanning from the end of March straight through October with full slates of games six days a week and one day a week a smaller card.

I watch people in the sports books chase one small defeat into a major losing streak. There are even people in my industry that have you double up off a losing day. Granted, winning is always our goal, but betting out of your comfort zone brings added stress and more times than not, unnecessary losses.

So, be disciplined, be selective, and pick your spots. You do this and I promise you, you will have a more enjoyable season.

Wednesday

Washington Nationals at Colorado Rockies: After starting the campaign at 3-12, Colorado is now one of baseball’s hottest teams, going 6-1 the last seven outings, taking those six victories by an average margin of 3.50 RPG.

German Marquez gets the start on his home mound at Coors Field. The right-hander sports a 2-1, 2.25 record in five starts, fanning 30 hitters in 32.0 IP. Over his career, the 24-year old is known as a solid strikeout pitcher, tallying 422 K’s in 410.2 IP.

In fourth place in the NL East at 10-10, Washington has suffered a disappointing start. Their lineup has produced, but their pitching has been a major reason for their struggles early on, ranking 22nd with a team ERA of 4.85. Journeyman (five MLB teams in 14 seasons), Anibal Sanchez takes the bump. The righty is just 0-2 with an ERA of 4.91 in four starts, en route to a lifetime, 97-102 mark.

The Rockies have had success against the NL East, going 15-6 the last 23 contests, including a 7-3 record the last 10 games vs. the Nationals.  ROCKIES

Last week: 1-1

Season: 6-4

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