3 ms·
"Gambling is all about risking it all" a blanket statement which is not true. gambling is about risk / reward management. there are bad gamblers and good gam
by nhggfu 2y ago
"Gambling is all about risking it all"
a blanket statement which is not true.
gambling is about risk / reward management.
there are bad gamblers and good gamblers.
a good poker player for example employs bankroll management to avoid going broke due to variance (expected downswings) [1] and their game-play decisions are driven by math.
[1] https://www.primedope.com/poker-variance-calculator/ https://www.primedope.com/poker-variance-calculator/