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you are a normal recreational punter, Smartgambler
advises against gambling. The odds are stacked against
you. Occasional recreation for affordable stakes is
fine, but gambling must be recognised as a losing
proposition unless you are prepared to research your
chosen area or get information from experts.
Australians are gambling away over $20 billion per
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was nicely summed up by one of our first sports betting
I adopt a gambling philosophy similar to that supported
by blackjack expert Arnold Snyder. He calls it the
Zen of Blackjack and it basically states that winning
or losing is not important, in fact it's completely
irrelevant. All that matters is making perfect bets
and playing perfect hands, time after time after time.
Alternatively you could use the train of thought popular
in sales, where they work the numbers and consider
that every call is making them money, whether they
get rejected or not. They know that over time, they'll
earn x dollars per call, therefore every phone call
is worth x dollars. Similarly, every positive expectation
bet you make is earning you money, win or lose.'
Nguyen. April 2002.
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