Analysis of betting investment techniques from the crocodile principle
The alligator principle is a very famous investment theory in the financial investment world. It means that if you use your hand to try to free your foot, the crocodile will bite your foot and hand at the same time. The more you struggle, the more you get bitten. So, in case the crocodile bites your foot, your only way is to sacrifice a foot.
The alligator principle is used frequently in many investment situations, and its application is particularly frequent and obvious in betting. The most obvious place to apply the alligator principle is to set a stop loss. In the event that you lose again and again, don't consider rolling over your money, don't place any additional bets, and quit immediately. "Sacrifice a foot" to avoid the painful consequences of having to pay more.
Some players enter the casino for entertainment only, and they may keep putting in additional money for excitement and other reasons, not caring whether they will lose or win after this bet - if you have enough money that it doesn't matter if you lose, then there is nothing wrong with indulging in such a hand. However, if you hope to win in the game for a long time, then you must overcome all the flukes, and only if you take betting seriously as an investment, it will give you the same return.
The reason for setting a stop loss is understood by many players, but there are very few who can strictly comply with it. Many people lose to the stop loss line and think "I will win the next game", so they leave the stop loss line behind, so the stop loss line loses its meaning and there is no difference between setting it and not setting it. Therefore, if you really want to win in betting, you should keep the crocodile principle in your head, and it is also a good idea to write it down on paper and carry it with you.