2. Bet Big
Most gamblers will at one point or another recall
a particular feeling they had at a certain point in
their betting careers when something inside
whispered to go all in, to wager an unusually
large bet, to place all their proverbial eggs in a
single basket. There’s no rational explanation for
when these moments arise, or for that matter
why they arise at all, but most people feel some
sense of divine influence or some external non-
reasonable source.
3. Big Reward
Unfortunately, it tends not to work out much
the time. It’s tempting to sometimes wager
everything in a single bet. On a roulette
table, for instance, you might suddenly
think that black 25 looks inexplicably
attractive and place all your chips on that
square.
4. Bet Big
Bearing in mind that a single-square roulette bet
will pay at 35:1, that’s an enormous profit to
make! But the odds of even winning in the first
place are against you, which is why most
players will use safer betting options to hedge
their bets and therefore spread their risk. Of
course, the corollary of spreading risk is splitting
reward. It’s a game of chance that in many
ways mirrors the operations of the stock
market.
5. Big Reward
Investors either put their money in high-risk,
even volatile, investments (potentially netting
them incredible profits in a short space of time)
or in more stable, but less immediate accounts.
High-risk investments are fantastic if you have
money to spare (that is, money which is non-
essential to support the basics of your lifestyle),
but devastating if you’ve put yourself in a reliant
position – hoping, perhaps, that a quick and
large-scale reward could help settle a debt of
some sort. These schemes often fail with
disastrous effects.
6. Bet Big
On further inspection, then, that tiny voice
at the back of your mind whispering the
seductive advice to bet big, increase risk,
and go all in is probably just the voice of
illogical hope. Could you win and walk away
wealthy? The chance is there. But it’s fairly
low. Admittedly, though, a fair number of
stories exist of players who have beaten
their odds and won unfathomably large
sums of money.
7. Big Reward
Stories like Patricia Demauro, who defied all
odds when in 2003 she maintained a 4-hour
lucky winning streak at the Borgata in
Atlantic City. Demauro used a mere $100
buy-in, and had rolled 154 times before
finally crapping out. The hotel attached to
the casino where she began her massive
winning spree was so excited for Ms.
Demauro that they broke out a bottle of
champagne to celebrate her amazing win.
8. Bet big
Stories like Demauro’s are inspiring. They’re a
testament to the fact that even the most unlikely win
is still possible. It’s not probable, but occasionally
fate might decide to smile on you. The next time you
hear that still small voice to bet huge, bet with risk,
and hope for the best - Think of Demauro, but also
think of the many thousands of others who have not
been so lucky.
