Tag Archives: gamblers

The knowledgeable gambler

Fred: My god, I had a terrible day today. I lost 8 out of 8 on football. I don’t know what I’m going to do.Jim: Well tennis is on now.Fred: I don’t know anything about tennis.

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Gambling as an Investment Option

Combining ‘Gambling’ and ‘Investment’ appears to be bizarre. After all, gambling involves unpredictable risk and the loss of all of your capital in one fell swoop. Investment, on the other hand, breathes the heady air of prudence and safety. This … Continue reading

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Book review: Annie Duke ~ Thinking in Bets (2019)

Gambling fascinates me and I like stories associated with gamblers. Kerry Packer is an endless source of pleasure for me. He was famously irritated by a braggart in a Las Vegas casino who wanted everyone to know he had a … Continue reading

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What gambling really is

…world-class poker players taught me to understand what a bet really is: a decision about an uncertain future. Duke, Annie. Thinking in Bets (p. 3). Penguin Publishing Group. Kindle Edition. Chris

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Hedonism and gambling

Hedonists want to win. They really want to win. Losing isn’t fun. It makes you unhappy, resentful and unpleasant. Hedonists like easy money but not losing, which is the central problem in gambling as it often involves losing. Obviously hedonists can … Continue reading

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Book Review: Walter Tevis~ The Hustler

It’s a disappointing thing to have to say in a book review that Tevis is unknown but the film with Paul Newman is a classic. He also wrote ‘The Color of Money’ and he’s unknown for that as well. So! … Continue reading

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A Nihilist Praises Gambling

A Punter Jim put his entire stake on the first race to get it over and done with straightaway. A Gambler “(He) was a man who gambled simply to gamble and must lose… Show me a gambler and I’ll show … Continue reading

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Gambling, Gamblers And Punters

‘All gamblers are above average!’  This blog is about the consequences of innumeracy when coupled with over- confidence. My previous analysis* shows gamblers as strivers working against the odds. True but it doesn’t square the statistical impossibility of ALL gamblers … Continue reading

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