Monday, January 11, 2010

Clairvoyance, Ignorance and Work Ethic

Clairvoyance

I keep up with the ongoings of various internet forums that relate to gambling. At the heart of every gambling endeavor is cold, hard, numeros........other factors do exist and should be considered, but in most gambling markets if you can crunch the numbers you can find out your edge and bet it. Recently there has been a thread on an internet forum where a person is claiming clairvoyance (I think) as their method of beating the market of sportsbetting. While I don't doubt that this sort of thing is possible (its very hard to refute things as impossible, by nature)..........I don't see why/where it belongs in a forum. In my opinion, forums are there to help people understand things, ask questions, relay information..........this really does nothing, but claim clairvoyance, a talent that isn't replicable, therefore adding nothing with the exception of humor to the thread.

I don't doubt the existence of said skills, but if you have these types of skills, it shouldn't be hard to turn them into riches..........so save the chatter on internet forums and collect money.

Ignorance

I told a relative recently that I make money betting sports. I wasn't surprised that it was met with ignorance, but it was funny how the methods weren't questioned at all.........one thing you can count on, with 99.9% of the population is that they believe what they believe and haven't learned to ask appropriate questions to problems. Even if something seems unlikely, you should always question it, get more information,.......there may be fundamental concepts to the endeavor that you never thought of............everyone has a level of ignorance.............but you can fight against it by being aware and questioning things. I know for some topics myself, I really have almost no opinion because I might "feel" a certain way, but I haven't absorbed enough on the topic to understand even the most fundamental concepts related to it.

Work Ethic

I had a few drinks with another Advantage Player last weekend. I am fairly new to the game and although this person is younger than I, this person is much more senior in AP. We began discussing work ethic and how betting can be a grind. I think people visualize AP's as just raking in cash with little or no effort. This is not the case, it requires a work ethic much like many other professions and although I DO NOT gamble professionally, I realize that is the case. I remember reading, many moons ago, a poster on one forum was answering a question of another poster about going pro in poker. The veteran poster (and professional) alerted the poster that it takes the same work ethic and discipline as other professions where you could potentially make more money with less risk. Pretty simple, there is no free lunch and you have to earn what you get.

lastly, I am going to try and post more regularly, and even though my wife and I have a baby on the way (due in 8 days)..........I am going to try to stay on topic and provide gambling content.

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