Bet? Don’t bet?
Can you bet on your intuition? There I was about to put a bet on the Kentucky Derby. As a kid during race season, I used to watch the Thoroughbred Horse Races on the TV every Saturday with a school friend of mine. We would come in from playing outside, put on the black and white 18 inch TV and watch those horses run. Saw Secretariat win the Triple Crown. Fast forward to a few weeks ago. I know someone that is a distant relative to the owners of Orb who was running in the Kentucky Derby. So my interest in horse racing was rekindled.
How Do You KNOW for Sure
It was few hours before the race. A feeling came over me. A calm, relaxed, slightly excited, warm feeling. I thought, “I’ll put in a $100 bet on Orb.” Then I doubted myself. “Oh,no. I better not. I might loose $100.” Isn’t that what happens to you? You get a gut feeling, that intuitive hit, and you doubt yourself.
I was at a meeting yesterday with 30 women and our task was to talk about Sincerity. Three of the women at my table were in banking. They had to make accurate judgement calls about the information people gave them in regards to giving a loan or not giving a loan. One loan officer mentioned often using intuition BUT talked about second guessing it. With a bit discomfort she felt she had to say, “Well, you know, I am not always right.” That’s what we’ve been taught – to doubt ourselves. As we went around the table, it was revealed that it is when we don’t listen to our gut that we end up making bad choices.
When you have an intuitive hit and then let your head start talking yourself into something and out of something based on the fear of loss, then bad decisions are made. The banker might “loose a customer,” I might “loose $100.”
And the Winner is…
So, that that fateful Saturday afternoon, another feeling come over me – warm, calm, no conflict kind of feeling. “I want to place a bet on Orb. A $100 feels right.” But then, “Oh, I’m just being silly. What if I’m wrong. I could loose it.” You guessed it. Orb won the Kentucky Derby. 6 -1 Odds. I could of had $600! Darn! But that is not all. The Preakness was last Saturday. Orb was the odds on favorite. With odds at 1-1 , I had to combine him winning with another horse coming in second to make any money. I picked Mylute.
This time my feeling was different. I don’t have that calm, easy feeling that just KNOWS. I had a tenseness in my gut instead. I’m thinking, “How can I not bet? I have to bet.” I just want this tightness to go away so I can feel good about betting. It doesn’t go away. BUT I bet anyway. This time the loss is, “What if I don’t bet and he wins again. I could loose out on having that extra money.” I even went to the Off Track Betting (OTB) site to place my bet. I talked with people there to teach me how to place a bet. At the ATM machine where I about to get some cash to make my bet, I hear a guy talking about how at the last minute he doubted himself and didn’t bet on Orb for the Derby. I blithely say, “Trust your gut!” and then I bet even though I felt up tight.
The Winner is Not …
You guessed it again. Orb was not the winner. He came in 4th and Mylute came in 3rd. The truck driver standing to me who was a regular at OTB said, “Did you hear me a few minutes ago? I said, ‘Anyone who bets on 6 and 9 is going to go home a happy man.’ I should have listened to myself!” Both he and I lost money not listening to our gut, our precious intuition.
The Tell-Tale Sign
Your intuition is that knowing feeling. It is a sense of power and calm. A bit of warmth comes with it. There is no fuss about it. It is a moment that needs to be honored and trusted. On the other hand, when you have gut ache, a tightness and need to use logic to override that gut ache to get yourself to do or not to do something based on fear of loss, then you make poor choices. For business success, use you intuition as a great business strategy. Listen and act.