How to gamble wisely?

prospect-theory-risk-innovationTo gamble or not to gamble? That is the question that worries many people. Which of us has never dreamt of winning big by gambling? Just imagine you are spinning the reels of your favourite slot, they stop and… Hurray! A Jackpot! Or you’re a pro poker player who often takes part in thrilling tournaments and win. I think many of us have seen such pictures in the mind. But what do you think the odds are that your dreams come true? In fact, they are not too big!

Gambling is thrill, fun, entertainment, adrenaline rush, disappointment, despair and many other things. All these make gambling so attractive. But you should be realistic, follow some tips and never play if you are venturous and prone to problem gambling.

I’m not going to bore you with some “useful” advice or tips. Instead I’ve selected some quotes on gambling. Let’s see what the greatest minds thought about the game.

Great Thoughts about Gambling and Casino

If you must play, decide upon three things at the start: the rules of the game, the stakes, and the quitting time.

Chinese Proverb


Quit while you’re ahead. All the best gamblers do. Baltasar Gracián y Morales.

(Spanish Jesuit, philosopher of the 17th century)


True luck consists not in holding the best of the cards at the table; luckiest is he who knows just when to rise and go home.

John Milton Hay (American statesman, and journalist of the 19th century)


You don’t gamble to win. You gamble so you can gamble the next day.

Bert Ambrose (1896-1971; English violinist)


Luck never gives; it only lends.

Swedish Proverb


The roulette table pays nobody except him that keeps it. Nevertheless a passion for gaming is common, though a passion for keeping roulette tables is unknown. In gambling the many must lose in order that the few may win.

George Bernard Shaw (1856-1950; Irish playwright)


By gaming we lose both our time and treasure: two things most precious to the life of man.

Owen Feltham (1602-1668; English writer)


There is a very easy way to return from a casino with a small fortune: go there with a large one.

Jack Yelton


The safest way to double your money is to fold it over once and put it in your pocket.

Kin Hubbard (1868-1930; American cartoonist, and journalist)


Remember this: The house doesn’t beat the player. It just gives him the opportunity to beat himself.

Nicholas Dandolos, called “Nick the Greek” (1883-1966; pro gambler and high roller)


The urge to gamble is so universal and its practice so pleasurable, that I assume it must be evil.

Heywood Broun (1888-1939; American sportswriter, and editor)


Gambling is a way of buying hope on credit.

Alan Wykes (1914-1993; English author of The Complete Illustrated Guide to Gambling)


A dollar won is twice as sweet as a dollar earned…

Paul Newman (1925-2008; American actor, and entrepreneur), quote from the movie, “The Color of Money”


A gambler never makes the same mistake twice. It’s usually three or more times.

Terrence Murphy, (aka “VP Pappy” American freelance writer)


Last year people won more than one billion dollars playing poker. And casinos made twenty-seven billion just by being around those people.

Samantha Bee (Canadian comedic actress)


The best throw of the dice is to throw them away.

English Proverb


Gambling is the son of avarice and the father of despair.

French Proverb


In the casino, the cardinal rule is to keep them playing and to keep them coming back. The longer they play, the more they lose, and in the end, we get it all…

Robert De Niro (American actor, director, and producer), quote from the movie, “Casino”.

What to Do?

Anyway, it’s up to you to gamble or not. But, you’d better go to the casino to have fun and not to make a killing. Thinking about money all the time while playing won’t make you happy. You may read more casino tips and game strategies on our site.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

I'm Jordan Gate, the editor at Connect with me to stay up-to-date with what's going on in the gambling industry.