Explaining winning gambling
skibum609
Massachusetts
Bugsy Siegal and a friend are standing on a street corner in NYC. They see two men running for a bus, one in a black suit and one in a brown suit. The man in the brown suit is far ahead and Bugsy's friend says to him: "thousand dollars says the man in the brown suit wins". Bugsy responds: "You have a bet".
As the man in the brown suit approaches the bus, the man in the black suit puts on a huge burst of speed and gets to the bus an instant before the man in the brown suit.
As Biugsy's friend counts out the $1,000.00 he says: "I am amazed at you. How were you able to figure out that the man in the black suit would win at the wire"? Bugsy responded: "I had no idea who'd win. I just knew you'd be wrong".
Winning gambling.
As the man in the brown suit approaches the bus, the man in the black suit puts on a huge burst of speed and gets to the bus an instant before the man in the brown suit.
As Biugsy's friend counts out the $1,000.00 he says: "I am amazed at you. How were you able to figure out that the man in the black suit would win at the wire"? Bugsy responded: "I had no idea who'd win. I just knew you'd be wrong".
Winning gambling.
12 comments
I’ve never won life changing money, but on the other hand I’ve never lost where it hurt or I had to change other life habits.
My best advice is ignore what people do on Twitter or FB, never pay for a service, but being in some groups where people pull and analyze data can help. I was in one group earlier this fall and I made money, but the involvement was too much, I just didn’t have the time to play 75 small bets a day which was what many member of that group would do. I often asked myself “do these guys even have real jobs?”
Same thing with horse racing when Canterbury Downs was new south of the Twin Cities. Spending a day in either endeavor now means being surrounded by morose gamblers. They will scare all the fish away over some slight breech of protocol. But mostly, hard corps gamblers are too depressing to be around.
I prefer investing now, I've been doing it 20 years, was a professional at one point as well as an independent valuation consultant to hedge funds. At least there my knowledge provides some kind of advantage. I've day traded a bit and regretted it. Nowadays you're trading against quant shops staffed by literal Stanford math PhDs with algorithms that trade in microseconds. It's a sucker's game. Most people who do it end up "providing liquidity to the market."
I won my fantasy football league this year. Came into the 3-game playoffs with the 7th seed (Nico Collins' injury and the Texans' offense generally going tits up hurt me midseason) but ran the table. I'll get a whole $150-ish from that. I don't call that gambling though. It's a game of skill as well as luck. Retiring from it on a high note because compulsively checking scores sucks up the weekend.
I whiffed on a bunch of later picks--Stroud, Waddle, Cooper, Goedert--but my RBs and the waiver wire carried me through. They say you lose your league in the early rounds and win it in the middle rounds, but I did the opposite.
Sometimes a good feeling is a winner. that is why I love our hobby.
For me the highlight was when the "niece" hit a $25 pass line bet, no odds, got excited, started jumping up and down while clapping her hands and her boobs came right out of the tube top. Fucking spectacular. The old gent tipped my friend 20 black chips. Another friend we called exactaman said he was cheap fuck because he won about 45k. Of course I was in school, started out with $50.00 and won $ 2,000.00 while everyone else hit for 5 figures. Still the best casino moment I have ever seen.