In the minds of gamblers, the dream of striking it rich far outweighs the reality of the less than favorable odds. Nowhere is this more apparent than with the lottery. The odds of winning the lottery are astronomically low but when you factor in the millions of tickets that are sold, sooner or later someone…
On a riverboat casino I once witnessed a 21 year old kid parlay a $25 buy-in into $1000 in less than an hour. As his chip pile grew so did his grin, and he insisted on high fiving me repeatedly. I was happy for him but I was hoping he would take his money and…
Many gamblers are intrigued by betting systems based on the amount wagered and the outcome of the previous hand. These systems, which are touted in some books and all over the internet, are betting progressions – the most popular of which is the Martingale. With the Martingale system you start off with your base bet,…
Professional gambler has always been a moniker that makes me twinge. As a card counter, I have never considered myself a gambler. Investor is a much more fitting title for a professional card counter. Some may say that this is an insignificant matter of semantics. After all, both gamblers & investors put their money on…