To be successful at anything you need to begin taking it seriously, and the reason so many people fail at betting is because of the numerous temptations to chase losses.
Without a clear strategy betting can be a depressing process of throwing good money after bad.
With a solid structured well thought out and researched plan in place, betting can become much more than a hobby.
This does require motivation to succeed and more than just a betting system, as even successful betting systems have ups and downs.
The vision to see past the bad days, weeks, or months, and stick at it with the allotted betting bank is a huge part of success.
How many times I've done it myself in the past, or seen people stop at the first few losses, just to see the same strategy produce a run of winners if bets had been continued.
The lesson to learn is find a system that shows results over the long term, give yourself a chance of success by allocating a betting bank that you're fine to leave in for the duration, through the ups and downs.
Set a percentage staking system in place for it, so you can weather the storms, and benefit from the highs, but taking it all in your stride along the way as you see the bigger picture.
This alleviates the stress of irrational punting, and hopefully stops the temptation to blow the balance on speculative bets, because the balance then becomes something you're proud of, as it's a betting bank you've grown carefully over time.
I'm not concerned at all about short bursts of downward activity with a run of losing bets, or losse