Are You Playing with Scared Money?

I have a friend who's a big time gambler -- horses and sports book mostly, but he'll take a flyer out to a casino and burn up a crap table once in a while. His playful lifestyle has given him a unique view of reality, and here's what he told me about betting and risking: He said that the absolute worse way to approach any game of chance was to go in with a pre-set maximum limit in your mind of just how much money you are willing to lose.

"I'm only gonna bet $50 -- if I lose it, forget it... I'm done. This way I can only lose a maximum of $50! That's not so bad, right?..."

Notice how much energy is expended deciding how best to protect your money -- while less consideration is given to doing whatever it takes to actually WIN something with it? This is a classic loser's mentality, not the "smart guy" style of play. Why? Because it's an overriding play 'strategy' (and I use this term loosely) that's based upon the......

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Title: Scared Money
Approximate Word Count: 889
Approximate Pages: 4 (250 words per double-spaced page)

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