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Undermines success in many ways. There is comfort in knowing that as a sheep when you are wrong it's not your fault as had been simply doing what the bunch was executing. With betting, the laws of market supply and demand, dictate that long term, the sheep will get fleeced. Emotion neutralises discipline and long proven successful practices. Completing any isolated race has little or no regards to races right that or even after who seem to. Races should be viewed in isolation from each additional. We are all emotional in betting however the players on the top bar of the tree have this right down to a art work and can control those emotions.
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