The average investor has more wealth than the average gambler. What’s more, investors can’t lose. And if they do, they’re out of business. In contrast, most gamblers are only mildly self-aware and have never gambled at all.
As you might have guessed, the biggest money-losing player in the world is betting on a bunch of people to win. This doesn’t bode well for the average gambler. I bet on the average poker player, but it turns out there are other sports that are also highly profitable for them, and the average gambler is very well off.
The two types of gambling are fundamentally very different. If you want to know how to make money betting on people, you need to learn how to learn how to learn how to make money gambling on people. And that requires a great deal of self-awareness, which is rare.
If you want an idea of how to make money gambling, go for it. If you don’t want to be a gambler, then you have to learn how to make money gambling.
As it turns out, the average gambler is very well off. He or she has a great deal of control over their money, and can use that money for anything they want. But the average gambler is also very, very ill-informed, and that can sometimes result in poor decisions. So why invest in gambling? Because every time you put money in the bank, you’re betting on the odds of that money working out the way you want.
I have to admit, there are a couple of things that have me so worried. I think one of them is that the average person is more interested in gambling than in making money. But the biggest culprit of a gambler’s inability to make a profit and play a game is that their money gets tied up in the bank. They have a long way to go, but if you don’t win then it’s not going to stop gambling, either.
I don’t think I have any idea what a “gambling” game is. I have heard of a game called “gambling roulette”. At first it was a lot of money, but the player was just betting on the odds. I’m starting to think gambling is like gambling with its money tied up in the bank. That’s not a bad thing. If I play poker I play it as a gambler and I bet on the odds of the player winning or not winning.
We’ve all heard of gambling in the form of roulette. But the best way to think of it is as being in the form of investment. If you have a good return on your investment, then the odds are that you will win. If the odds are against you then you are gambling on the future.
As I think about the recent discussion about the risk of losing a single year of my life and the fact that I’ve lost a lot of money on a lot of things during my life. The risk of losing a single year of my life and losing more money on a lot of things is pretty much a huge risk.
If you are investing, that money just sits there in your savings account. But if you are gambling on the future, you can lose a lot in a one year period. That’s why it is called gambling. If you are gambling, you want to have the best odds to win. You know that you are going to win, so you don’t risk losing money.
