Riding a Heater
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Bad Beat

general

A loss that occurs in an unlikely or devastating fashion, often when the bettor was heavily favored to win.

Key Takeaways

  • 1Bad beats are unlikely losses from dominant positions
  • 2They are a mathematical certainty over time
  • 3Never chase losses after a bad beat
  • 4Judge your bets by the decision quality, not the outcome

What is a Bad Beat?

A bad beat is a loss that occurs in an improbable or heartbreaking way. The term is used across sports betting, poker, and casino games to describe situations where a bettor or player was in a dominant position but lost due to an unlikely turn of events.

Sports Betting Examples

  • You bet the under 47.5 in an NFL game. The score is 20-24 with 10 seconds left. The losing team throws a meaningless 80-yard touchdown as time expires. Final score: 27-24. The over hits.
  • You have a 4-leg parlay and the first 3 legs win easily. The 4th leg loses on a last-second buzzer beater.

In Poker

Bad beats are legendary in poker. Going all-in with pocket Aces and losing to someone who hit a runner-runner flush is a classic bad beat.

How to Handle Bad Beats

  1. Accept variance — Bad beats are a mathematical certainty over time
  2. Don't chase — The worst response is to immediately place a revenge bet
  3. Review the decision, not the outcome — If your analysis was sound, the bet was correct regardless of the result
  4. Maintain bankroll discipline — This is exactly why you never bet more than you can afford to lose

Powered by the MIT Triple Stack

Expected Value + Kelly Criterion + Monte Carlo — the same math from MIT and Bell Labs.