My Buddy Needs Gambling Advice

Question

Okay, my buddy who has not collected in five years goes 6-0 today.&#xD;&#xA; &#xD;&#xA;Turned a 2k red figure into a positive thirty dollars.&#xD;&#xA; &#xD;&#xA;The problem is, instead of striking while hot wants to squat on a positive number.  WTF is up with that?

FriedShrimp · Answer

Okay, my buddy who has not collected in five years goes 6-0 today.&#xD;&#xA; &#xD;&#xA;Turned a 2k red figure into a positive thirty dollars.&#xD;&#xA; &#xD;&#xA;The problem is, instead of striking while hot wants to squat on a positive number.  WTF is up with that?

FriedShrimp · Answer

Oh, I forgot to tell you the best part............&#xD;&#xA; &#xD;&#xA;He called in to confirm his figure fifteen times and made them repeat all the plays line by line

thirdperson · Answer

Natural tendency is to continue gambling when on a hot streak.    But nothing wrong with not gambling when ahead in profits.  Greed has been the downfall of many gamblers and prudent money management might be wise.  One option is to set aside some profit and continue betting with  extra money leftover.

My Buddy Needs Gambling Advice

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