Do you have to be a Crazy gambler To be a winning player ??

[Prime Time]

This is an interesting subject.
To be a winning player you do not have to be a “crazy gambler”, in fact a crazy gambler will go broke some high Percentage of time or eventually but no actual data to quantify this except for understanding Kelley.

(Now assuming a competent player with an edge)
The people that are more risk tolerant have a higher probability of increasing a role at a quicker pace, but also have the highest chance of going busto.

The people that are most risk adverse, will grow their BR at a slower steady pace, but will virtually be between 0-5% of ever going busto.

I fall in the most risk adverse categories. Having slowly built a nut that many people in this world would kill for, feel if I had more gamble, would have succeeded at a much higher pace and been even in a greater position.

Normal people close to me (unlike us who play with an edge) view me as someone who gambles, not realizing that playing with an edge, is not gambling, or that it is even possible.

[timex]

I would just like to say that I have won or lost over 10k on coinflips, bets involving people to stay in water, and props.

Also, I have lost money playing wii golf since I'm not athletic enough to golf.

[ShipitFMA]

lol, you have to be athletic to golf? get a buggy and its probably less effort than actual wii golf.

i must say this is one of my favourite gimmick accounts lol, this and deebspellcheck

[Prime Time]

[ QUOTE ]
I would just like to say that I have won or lost over 10k on coinflips, bets involving people to stay in water, and props.

Also, I have lost money playing wii golf since I'm not athletic enough to golf.

[/ QUOTE ]

That’s ok because you don’t engage in high variance -EV props. A flip is 50-50, and you are not risking half your roll on one flip. Assuming you did this over many occurrences flattening out your variance.

I on the other hand won’t buy into a 10K event with a high number of sats knowing I am +EV w/o sating in myself. I may however make an exception for the PCA in January, as I don’t have much time to work on sats for this due to a heavy schedule.

[HorridSludgyBits]

[x] burning $$$
[x] shaundeeb blackjack degeneracy
[x] thread has potential

[LuckyLloyd]

I am playing poker two and a half years. The more I win; the less I value money and it's actual value. It's funny when you have these odd moments of self - realisation when a friend or family member actually stops to CONSIDER HOW MUCH THAT WOULD COST!!?? And it dawns on you that your attitude has gradually become want something; can pay; gooo.

Wheras other people are want something; probably could pay; won't because it's a lot of money on THAT.

[mastr]

meh someone robs my blind, there's $20 no big deal, still feels its a lot of money to me away from the poker table

[Bonified]

[ QUOTE ]
Wheras other people are want something; can't really pay ; whack it on the credit card and worry about it later.


[/ QUOTE ]

And they call us degenerates.

[0evg0]

I've gotten to the point where I throw away any change I get, and if a bill is $26 i'll leave $40 and let them keep the change just so i don't have to deal with ones.

and i'm not even rich.

[NHFunkii]

[ QUOTE ]
I've gotten to the point where I throw away any change I get, and if a bill is $26 i'll leave $40 and let them keep the change just so i don't have to deal with ones.

and i'm not even rich.

[/ QUOTE ]

I will never get to this point, even if it's logical to. being a cheap jew is just too ingrained in me (don't get me wrong, I still tip well, but I also keep a bag of change on my bookshelf).