If you asked ten of your friends to make a list of the most noble professions in the United States, horse race handicapper would not likely appear on any of them, and most of them would find it difficult to believe people actually make a living pursuing such an endeavor. They likely would consider anyone who plays the ponies on a regular basis racetrack bums, even though those of us who play regularly are more likely to spend our time staring at a computer screen rather than sitting in the bleachers at the track.
Yet I have never met anyone who wagers on horse races who can tell me with a straight face that they have never thought of turning their passion for gambling on horse races into a means of making money and quitting the day job they detest with equal passion. So, what stops more people from pursuing their dream? It all comes down to fear!
At some point, a player will face a losing streak that will interfere with his normal, fluid betting behavior, and it will quickly send him into crash mode. Perhaps he fudged a little when it came to putting together a proper bankroll, and the size of bets he needs to make to pay his bills is depleting his bankroll more rapidly than he would like. Or, even if it is sufficient to weather his losses as he awaits the winner that will make things right again, he might lose faith and panic.
Another aspect that often wrecks havoc upon the psyche of those who would choose to handicap horse races as a profession is the negative influence of close relatives. There is nothing more annoying than having a husband, wife, mother, father, children, or an in-law meddling in one’s life. Yet meddle they do, and often people cave to the pressure forced upon them by such meddlers long before they succumb to the pressure they face from a losing streak.