Nice gambling & trading quotes

Relax and chat about anything not covered elsewhere.
Post Reply
mister man
Posts: 363
Joined: Tue Jul 27, 2010 2:10 pm

The race is not always to the swift nor the battle to the strong, but that's the way to bet. ~Damon Runyon.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

“There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet, no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.”

Larry Hite
mister man
Posts: 363
Joined: Tue Jul 27, 2010 2:10 pm

If you must play, decide upon three things at the start: the rules of the game, the stakes, and the quitting time. ~Chinese Proverb
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

“Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we’re trying to do. It’s imperfect, but that’s what it’s all about."
Warren Buffett
User avatar
Euler
Posts: 24701
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

“Seize any opportunity, or anything that looks like opportunity. They are rare, much rarer than you think. Remember that positive Black Swans have a necessary first step: you need to be exposed to them. Many people do not realize that they are getting a lucky break in life when they get it….Collect as many free nonlottery tickets (those with open-ended payoffs) as you can, and, once they start paying off, do not discard them. Work hard, not in grunt work, but in chasing such opportunities and maximizing exposure to them. This makes living in big cities invaluable because you increase the odds of serendipitous encounters—you gain exposure to the envelope of serendipity.” –Nassim Taleb, The Black Swan
User avatar
RichStone
Posts: 26
Joined: Sun Oct 28, 2012 1:31 pm
Location: Gibraltar

'WINNER WINNER CHICKEN DINNER'

Sorry couldn't resist ;)
teamlefty
Posts: 93
Joined: Tue May 28, 2013 6:25 am

"I want people to understand, gambling is not a bad thing if you do it within the framework of what it's meant to be, which is fun and entertaining." :arrow: Michael Jordan
User avatar
Euler
Posts: 24701
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

Image
THENUTS
Posts: 152
Joined: Mon Sep 10, 2012 9:05 pm

You dont have to be great to start but you have to start to be great
User avatar
Naffman
Posts: 5626
Joined: Sun Aug 11, 2013 5:46 am

I saw this comment on the topic of Rodgers and Balotelli and I thought it applied here as well, "Insanity is doing the same thing over and over again but expecting different results".
flags
Posts: 16
Joined: Fri Oct 31, 2014 3:49 pm

One of the worst things that can happen to you in life is
to win a bet on a horse at an early age.
:lol:
My advice to the unborn is,
don’t be born with a gambling instinct
unless you have a good sense of probabilities.
carlevans
Posts: 3
Joined: Wed Oct 09, 2019 11:14 am

True luck consists not in holding the best of the cards at the table; luckiest is he who knows just when to rise and go home
User avatar
Tuco
Posts: 727
Joined: Wed Apr 15, 2009 1:43 pm

“wherever you go, no matter what the weather, always take your own sunshine”

“expect the unexpected”

"you have to learn the rules of the game...and then play better than everyone else"

“you always pass failure on the way to success”

“a great pleasure in life is doing what people say you cannot do”

“good judgment comes from experience ~ experience comes from poor judgment”

“when life's path is steep, remember to keep your mind even”

“the game of life is not so much in holding a good hand as playing a poor hand well”

“the most wasted of all days is one without laughter”
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Tuco wrote:
Wed Oct 09, 2019 1:21 pm
“a great pleasure in life is doing what people say you cannot do”
Especially true if those people are the traffic police, hmrc or the vice squad.
Vladimir CC
Posts: 88
Joined: Wed Jan 22, 2020 1:13 pm

“It ain’t gambling if you know you’re gonna win” -Alan ("Hangover" film)
Post Reply

Return to “Chill Out Area”