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Pastimes : Insults Only.....

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To: GROUND ZERO™ who wrote (19205)5/22/2001 9:51:45 AM
From: Bob Miller  Read Replies (1) of 30923
 
Hey Dizzard:

Let me explain something to you. Gambling is the act of wagering on events that
have random outcomes(lottery, coin tosses, roulette). When one studies a subject, and then invests
his money on his own predictions of the outcome, it is not the same.

If one does his due diligence, and then makes an investment decision, he is not
gambling. If some dizzard lurks on an SI thread, blindly buys an option, not
being quite sure what he has done, that is gambling.

When I study the horses, analyzing class, speed, pace, and many other factors, I try
to determine how the race will be run, and who will be on top at the finish. I go to
an Tote machine and purchase a ticket on the animal that my work has on top. That is
not gambling.

As to casino gambling, I find it fun. I do not risk large sums of money. There are 2 ways to lose,
and only 1 way to win. To win, one must be lucky. To lose, you may be either unlucky or stupid.
I enjoy shooting craps. It is gambling. If one keeps away from all proposition bets, and takes full
odds at all times, the house advantage is quite small. That doesn't mean that you can't be unlucky
an lose your ass. But only if you bet your ass. I don't.

Black Jack is a game of semi-skill. I like tournament play, which I will do
Thursday night in Atlantic City. I am a good, but not great, player. I expect to
do well. I'll let you know on Saturday. I know that you care.

Bob
Insult Champ
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