Drawdown is the maximum that you have reached in the losing territory for a gambling session. It is use to measure the effectiveness of a system against another. The system with a higher drawdown is deem less effective.
We were taught that hard work will eventually pay off. In some cases it is not going to be true. Everyone brings this mentality to the gambling table. As long as there is perseverance there is the ability to ride out the storm to become stronger but why persevere when it is not required.
When face a high drawdown at the table, you will obediently try to slog at out. You will patiently wait for the turn to run into a streak. You actually won’t have to put up with it if you know of a system with a lower drawdown.
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