How well do you know gambling? These simple 3 questions may floor you!

1. GAMBLING:
HOW SAVVY ARE YOU?

2. DAN RICHTER, FOUNDER OF
BETTER FUTURES
"You might think you are
an expert gambler,
so try these 3 simple
questions"

3. Tony McCoy is one of the
best jockeys ever.
If you had bet £1 on every race
from 2000 until his retirement,
how would you have fared?

4. A: Won £7,743
B: Broken even
C: Lost £1,743?

5. Answer:
C. You would have lost £1,743 by betting
on Tony McCoy in every race!
Despite his success, he still only won
around 1/4 of his races, and bookies always
had him at short odds.
Lesson:
Even skillful prediction and backing a
winner will not help you succeed!

6. I toss a coin 9 x
and the pattern of
heads and tails is:
H T H H H H H H H
What is the 10th toss more likely
to be, heads or tails?

7. A: Heads
B: Neither
C: Tails

8. Answer:
B. Neither. Each toss is an independent
event, and coins have no memory!
Lesson:
Our brains are designed to see patterns
and make sense of the world around us. In
the case of gambling, this is a
disadvantage as we often see patterns
that aren't there

9. Are you more likely to
win the UK
National Lottery jackpot or
die in a plane crash?

10. A: 3 x more likely to win lottery
B: About the same
C: 3 x more likely to die
in a plane crash

11. Answer:
C. You're 3 x more likely to die in a plane
crash than win the lottery jackpot.
Lesson:
We are wired to notice extraordinary things,
what you don't notice is all the millions of
people who play and never win.
Everyone thinks they will be the lucky one.

12. SO WHAT?
You might be surprised by the answers to those
questions if you are a gambler.
We believe you could be doing better things with
your time, talents and money.
Why not look up our advice?
GET ADVICE NOW
www.betterfutures.uk
The UK social enterprise for gambling addiction