Sure. And maybe if I had a million dollars at stake, I wouldn’t get into some gambling at that casino because the odds of losing were so great.
In fact, the odds of winning at any place in this world are so high that, for your chance of winning and the stakes, I would rather be in a restaurant making a cup of coffee than on the casino floor. The odds are so skewed that you always end up losing, which is fine since you can’t lose money by betting it on sports on TV.
If you are the kind of person who will gamble in places where the odds are stacked against you, you will lose every time. If however, the odds are tilted into your favor, you will still go in with one idea and one chance to win, but not because you want to win because you want more money.
In this regard, gambling becomes more like being at the right place at the right time. The more you are there when a market is ready for that type of investment, the more value you will realize.
If you buy a stock in a company which has been getting a great return from a certain time period, chances are that for a while it will be good and that you will enjoy it. As the market starts doing the same thing again, the market will rise up again and you will be happy again. The more times you play the game, the more you will learn and the more you will find it rewarding.
The last person who is a gambler, therefore, is the one who is willing to lose even though if your outcome would have been slightly different if you had made a different move.
If your goal is simply to get in as many games as possible, and not get paid for them as a result, then you are likely to play only for the big wins.
You won’t risk your money unless you are sure that you are going to win because you don’t want to miss out on a few games. If it’s just a one-time gamble, then you probably won’t waste any of your winnings.
As a gambler for a long term, you will never risk more than you can afford to lose. If you’re willing to lose for a great return, you will certainly be willing to risk more money than you can afford to lose.
It’s about understanding what’s going on here. What is the game? What is the market? The truth is the market isn
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