My new gambling habit

The trick is to ride you hot streek while minimizing your total exposure so when it ends you still have a sizable gain. You may want to think seriously about cashing out 75% and keep betting with the remainder. If you loose it wont hurt as much and if you win try not to think about the "what if's" if you would have gambled the whole amount.

While it does seem like free money at this point you dont have to pull a Constanza with it and blow it all.

 

Put in all on ebay

seriously, I have always had a problem with salaries. My job is completely based on commission, and I love the fact that I am in charge of what I make.

Do I gamble? Only with petty money; I will always bank on myself first.

Here's a question to every salaried employee..... Do you disagree that whatever you do, you would be more willing to do it if money were on the line?

Capitalism is based on commission jobs. People who have a salary, realize this: Someone is getting a nice paycheck off of you.

I know that there are a lot of people who like stability over the unknown. Just know this: your company bases your salary on a mean of your peers. Everyone in this country should work on a production scale. I HATE THE IDEA OF SALARIES!!!! It makes people lazy.

I know, DD, that this is is off subject of your post, but if I'm betting anything, it's going to be on my damn self!

(got into gambling wayyy too much when I was in college, and I lost my prerequisite shirt during it. When you've got "juice" and everything, long term, you'll never win.)

Sorry, bro@!

 

Ok DD. Do you feel like you should parlais this into bigger winnings, or do you feel like you should take the money and run.

And if you choose the latter, do you want to invest it, or do you want to piss it?

All choices are cool. But I have no idea what $600 means to you.

If it's free money,
BUY LOTTERY TICKETS

They came on those cool cardboard pieces of paper, and are fantastic as a makeshift flossing device! (for those pieces of meat that get stuck)

 

Another way to look at it is how much is $600 worth to you? Right now its your money and you can do what you wish with it. Even though it is unearned income try not to think of it as free money. You could buy something cool with it or put it towards a vacation. If it amount happens to be insignificant to you may gain more on sheer enjoyment. Just think, would you be pissed if actually loose it? Try to ignore where it came from.

 

And as an aside:

Anyone who doesn't think of $600 as play money, and is over 30 is in the wrong job, IMO.

 

OH!! And we used to be able to edit these messages! (Thank you Mr. Bob Dole)

But I just want to let everyone know, that I had to sell my book at Morgan Stanley because the Branch Managers were told around 1996 to tell all of the brokers to do a fee based business, not commission based. Worked great until late 1999, when the market started tanking.

But even after I sold my book, I knew that the only job worth having is one that you're in control of.

I know there are a lot of people who like a steady salary. I LOVE YOU. Just realize you're selling yourself short.

Think about it.

 

That's a pretty ignorant statement, isn't it? Age and how you value money don't necessarily have anything to do with one another, nor should they.

 

Total Bullsh!t. Anybody who thinks of any money as "play money", at any age, doesn't know the value of earning an honest wage.

My wife and I made a conscience decision over 10 years ago to forsake extravagence and luxuries that can be bought with two incomes to ensure that one parent can be home to raise our children. Have we had to sacrifice? Sure, but given the choice of having $600 to piss away on a gambling bet, or using that money to ensure the happiness and well being of my family is a very easy choice to make.

I work long hours to make the money I do. For you to sit there and tell me I'm in the wrong job because I don't have $600 to throw away is ignorant.

 

Nail - "Oww! Why did you hit me on the head?"


Nice post. I agree 100%. 600$ is always going to mean a lot to me no matter what, even when I win the lottery.

If you have 600$ to throw away Fatty, I have some ocean front property in Arizona.

 

This is how it begins, DaDa.

First you just start on a hot streak that gets you hooked. Then you start upping your bet...then the next thing you know you are betting the rights to your 10,000th post and betting the rights to the next LOTR game. After that it is sexual favors. Don't do it, man!

 

Agreed. She works twice, no three times as hard as I do, with only the gratitude of her family as payment.


I can't answer your question, DD, because I wouldn't have started in the first place.

 

Well, it's better than investing in the stock market...

 

I'd take some more out now, and gradually get out of it for a while since you know a losing streak is inevitable. Here's why I'd take some out now.

Last week, I was playing a little blackjack in Shreveport, not a lot, just enough to wet my tongue and shake off the rust for this upcoming weekend in the Big Easy. I started with $40 and at one point got up to $100, not bad for 30 minutes or so of playing. I lost a couple of hands and got down to $80. We were at a full table, and I was sure that the next deal was going to be the last of the shoe (we were going to leave at the end of the shoe), so I bet $40 thinking that if I lost, I'd be back to my original money and that's fine, I'm just wanting to have fun. So, I get an 18 while the dealer is showing a 4. Sure enough, he flips over his card, and it's a face. I'm golden, right? Nope, next card is a 5. Now could I really leave when I was that close? Of course not. Had I had a 17 when he was showing a face, I'd have dealt with it and taken my original $40 and been happy. However, the fact that I was so close to winning that hand made me stay a little longer until I lost it all.

The same could happen to you. You could put a bigger bet down on an over, and come within a botched last second layup before losing. Then you'll say, "dammit, that was just one little out of the ordinary piece of bad luck, that won't happen again". And it will. Again and again.

Of course, you could have more will power than me!! (FWIW, I'm now only +$710 since I started gambling last June, so I do have a little will power!)

 

Great post. I resent Fatty's post because it comes off as arrogant and obnoxious. I don't know if he lives in the US, but if he does, it is that type of attitude that makes people in other countries dislike it.

There is more to life than being a "high roller" or divulging into "conspicious (sp?) consumption".