20 {{ upvoteCount | shortNum }}
20 {{ upvoteCount | shortNum }}

Double or Nothing?

by Kurt
16 replies
  • OFF TOPIC
    • |
Here's a guy that sold everything he owed, went to Las Vegas and put it all on a single spin of the roulette wheel:
AOL.com Video - A Man Bets His Life Savings in Las Vegas


Would you have the "guts" to do this?
  • Profile picture of the author ThomM
    Speaking as possibly the worst gambler in the world, no
    Signature

    Life: Nature's way of keeping meat fresh
    Getting old ain't for sissy's
    As you are I was, as I am you will be
    You can't fix stupid, but you can always out smart it.

    {{ DiscussionBoard.errors[5988409].message }}
    • Profile picture of the author LarryC
      Originally Posted by ThomM View Post

      Speaking as possibly the worst gambler in the world, no
      Actually, the person who made that bet is the worst gambler in the world. The odds aren't even 50-50, as the house has the edge with 0 and 00.
      Signature
      Content Writing, Ghostwriting, eBooks, editing, research.
      {{ DiscussionBoard.errors[5988546].message }}
      • Profile picture of the author Dave Patterson
        Originally Posted by LarryC View Post

        Actually, the person who made that bet is the worst gambler in the world. The odds aren't even 50-50, as the house has the edge with 0 and 00.
        Hmmm....he won. I think that makes him possibly the NEXT to worst gambler in the world.
        Signature
        Professional Googler
        {{ DiscussionBoard.errors[5988661].message }}
        • Profile picture of the author LarryC
          Originally Posted by Dave Patterson View Post

          Hmmm....he won. I think that makes him possibly the NEXT to worst gambler in the world.
          Maybe -but I'm not sure if being lucky once makes you a good gambler. People with a tendency to make bets like that often keep betting until they lose it all. Hopefully, he is an exception
          Signature
          Content Writing, Ghostwriting, eBooks, editing, research.
          {{ DiscussionBoard.errors[5988778].message }}
          • Profile picture of the author Dave Patterson
            Originally Posted by LarryC View Post

            Maybe -but I'm not sure if being lucky once makes you a good gambler. People with a tendency to make bets like that often keep betting until they lose it all. Hopefully, he is an exception
            That would be me. And the reason I stay away from the casinos.

            I once went to Tunica, MS with a neighbor who sets himself a time limit (3 hrs) and sticks to it.

            I had been doing pretty well when he found me and said "let's go"...and headed straight for the exit without looking back.

            I was ticked...until we got about halfway home and I thought "What the heck am I po'd at him for...I've got the money I took and $650" Duh!
            Signature
            Professional Googler
            {{ DiscussionBoard.errors[5988908].message }}
          • Profile picture of the author ThomM
            Originally Posted by LarryC View Post

            Maybe -but I'm not sure if being lucky once makes you a good gambler. People with a tendency to make bets like that often keep betting until they lose it all. Hopefully, he is an exception
            It makes you a better gambler then me
            I will say I can do pretty good betting on the horses, but there is a big but to that.
            I have to commit myself to the full schedule at the track.
            I have to spend hours everyday analyzing the racing form, even if I'm not betting on that day.
            Then on race day I try to study the horses live as best I can before I add up all the information and place a bet.
            Here's the kicker.
            My friends wife stares at the horses or their names on the card without blinking, causing them to go out of focus. The horse or name that comes into focus first is the one she bets on.
            She does better betting the horses then I do
            Signature

            Life: Nature's way of keeping meat fresh
            Getting old ain't for sissy's
            As you are I was, as I am you will be
            You can't fix stupid, but you can always out smart it.

            {{ DiscussionBoard.errors[5989624].message }}
      • Profile picture of the author Kurt
        Originally Posted by LarryC View Post

        Actually, the person who made that bet is the worst gambler in the world. The odds aren't even 50-50, as the house has the edge with 0 and 00.
        LV does have some European style tables, with only a single 0, which cuts the house edge in half. Hopefully, he knew this and took advantage.

        Plus, there's the old adage "better to be lucky than good".
        Signature
        Discover the fastest and easiest ways to create your own valuable products.
        Tons of FREE Public Domain content you can use to make your own content, PLR, digital and POD products.
        {{ DiscussionBoard.errors[5988883].message }}
        • Profile picture of the author LarryC
          Originally Posted by Kurt View Post

          LV does have some European style tables, with only a single 0, which cuts the house edge in half. Hopefully, he knew this and took advantage.

          Plus, there's the old adage "better to be lucky than good".
          I'll have to remember that the next time I'm in Vegas. I knew that they had the single 0 in Europe, but didn't know it was in the U.S.

          Some people have claimed success with the simple doubling up system, betting on either red/black or odd/even. In that case, the extra 0 would make a big difference. Actually, it makes a difference with any bet as a 0 means everyone loses.
          Signature
          Content Writing, Ghostwriting, eBooks, editing, research.
          {{ DiscussionBoard.errors[5991295].message }}
  • Profile picture of the author Kurt
    While we're on the subject, here's one of my favorite Las Vegas stories of all time:

    The Desert Inn was famous for having hi rollers and had a special room just for them to enjoy gambling.

    A Texas millionaire was getting irritated by an Australian guy playing at a table next to him who was getting pretty rowdy.

    So after exchanging a few choice words, the Texan said, "Do you know who I am? I'm worth $10 million dollars!"

    The Australian happened to be Kerry Packer, a multi-billionaire. Packer replied, "I'll flip you for it."
    Signature
    Discover the fastest and easiest ways to create your own valuable products.
    Tons of FREE Public Domain content you can use to make your own content, PLR, digital and POD products.
    {{ DiscussionBoard.errors[5988486].message }}
  • Profile picture of the author Lori Kelly
    Originally Posted by Kurt View Post

    Here's a guy that sold everything he owed, went to Las Vegas and put it all on a single spin of the roulette wheel:
    AOL.com Video - A Man Bets His Life Savings in Las Vegas


    Would you have the "guts" to do this?
    Not only would I not have the guts to do that, I would have the good sense not to.

    Growing up in Vegas, I learned quickly that there was a reason casinos stayed in business.

    My dad told me never to trust something that had one arm and its back against the wall. And I listened. I stayed away from those one-armed bandits.
    Signature
    Learn Website Tips, How to Do Keyword Research, & How to Write Killer Content.
    Stop Wasting Time.
    Start Living Your Dream.
    Click Here NOW to Get Your Hands on
    One of the Most Valuable Ebooks Ever!
    {{ DiscussionBoard.errors[5988744].message }}
  • Profile picture of the author rondo
    The video is blocked here. Did he win or lose???


    Andrew
    Signature
    Online courses
    {{ DiscussionBoard.errors[5988829].message }}
    • Profile picture of the author Dave Patterson
      Originally Posted by rondo View Post

      The video is blocked here. Did he win or lose???


      Andrew
      He bet all on red....and got red 7
      Signature
      Professional Googler
      {{ DiscussionBoard.errors[5988847].message }}
  • Profile picture of the author KimW
    I have to admit when I had some spare money before I got sick the wife and I would make the 5 hour drive to Atlantic City and spend a few hours.
    It was mostly spent doing slots,but we also always went with a preset amount with the mindset that it was lost money already.In other words we went just to have fun,not to expect to win anything or come home with anything extra.
    Signature

    Read A Post.
    Subscribe to a Newsletter
    KimWinfrey.Com

    {{ DiscussionBoard.errors[5989841].message }}
    • Profile picture of the author ThomM
      Originally Posted by KimW View Post

      I have to admit when I had some spare money before I got sick the wife and I would make the 5 hour drive to Atlantic City and spend a few hours.
      It was mostly spent doing slots,but we also always went with a preset amount with the mindset that it was lost money already.In other words we went just to have fun,not to expect to win anything or come home with anything extra.
      That's really the way I was with the horses.
      I only bet during the summer meet at Saratoga.
      I never went to OTB.
      I only brought as much money with me that I could afford to lose.
      I always had a lot of fun
      Signature

      Life: Nature's way of keeping meat fresh
      Getting old ain't for sissy's
      As you are I was, as I am you will be
      You can't fix stupid, but you can always out smart it.

      {{ DiscussionBoard.errors[5989882].message }}
  • Profile picture of the author Ashan1402
    I think I'd have the guts to do it, but then again I have quite a few years left to get back on track.
    {{ DiscussionBoard.errors[5991309].message }}
  • Profile picture of the author wazzub5star
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[5993863].message }}
    • Profile picture of the author Dave Patterson
      Originally Posted by wazzub5star View Post

      Hmmm....he won. I think that makes him possibly the NEXT to worst gambler in the world
      Wow...now THERE'S an original thought. :rolleyes:

      or maybe there's an echo in here...
      Signature
      Professional Googler
      {{ DiscussionBoard.errors[5993924].message }}

Trending Topics