Attend a gamblers anonymous meeting and you’ll meet a lot of people who have lost more than 100%
They hated him, for he spoke the truth
Submitted 9 months ago by MacNCheezus@lemmy.today to [deleted]
https://lemmy.today/pictrs/image/bb1277e3-3c11-4893-9912-4e91a860c131.jpeg
Comments
Ghostalmedia@lemmy.world 9 months ago
MacNCheezus@lemmy.today 9 months ago
That’s because they were betting other people’s money.
maniclucky@lemmy.world 9 months ago
Woof that slope is slippery. The trick is measuring what you can afford, and a lot of people aren’t great at measuring that.
itslilith@lemmy.blahaj.zone 9 months ago
I strongly think that OP is trolling ITT, but if not, I recommend checking out some introductory stochastics concepts, starting with expectation values
MacNCheezus@lemmy.today 9 months ago
Trolling? In a shitposting forum?
I would never.
itslilith@lemmy.blahaj.zone 9 months ago
;)
SuddenDownpour@sh.itjust.works 9 months ago
From the creators of “Supply Side Jesus”, now comes “Texas Hold 'Em Jesus”
MacNCheezus@lemmy.today 9 months ago
markr@lemmy.world 9 months ago
Leg breaking was invented to handle the idiots who were in to their bookies for way more than 100%.
ininewcrow@lemmy.ca 9 months ago
You miss all of the shots you don’t take
- St Gretzky, Patron saint of sports gambling
EmperorHenry@discuss.tchncs.de 9 months ago
That’s only if the gambling place doesn’t rig the games…by the way, every gambling place has a business model that depends on their customers losing all their money.
ryannathans@aussie.zone 9 months ago
Except when you short stock, there could be infinite losses. Or perhaps with a contract for difference too
Shieldtoad@sh.itjust.works 9 months ago
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