Life, The Game Show: Are You Leveraging Your Present Against Hopes for a Better Future?

Long after Howie Mandel voiced the role of Gizmo for my generation (look it up!), he helmed the successful game show, Deal or No Deal. To this day, it is my daughter’s favorite pastime at the local game places – the arcade version where she is gambling tickets – not money, and certainly not happiness. (We are still working on Kenny Rogers’ adage concerning when to hold ‘em and when to fold ‘em.)

Does your life mimic Deal or No Deal? Let’s face it: each day, in many ways, some of us take perfectly good or acceptable outcomes life has presented, we gamble them, and we hope for a better tomorrow. We invest hard-earned cash in the ultimate puzzler – the lottery – something we have virtually no chance of winning. We pick apart everything we despise about our job and convince ourselves that the job we saw on Indeed.com is going to solve all our problems. We jettison our financial future, we fail to plan; we bet against the House and the House always wins.

Greatly leveraging your present in hopes for a better future is a dangerous game – mostly because it is an imperfect being making a choice or commitment they have a hard time following through on. Don’t get me wrong: every day, millions go into debt or take out a loan to endeavor into school or their own business and they stick to the plan and make it work. On the flip side, once that plan has been committed to, we cannot perilously deviate from it to our detriment. We are typically our own worst enemies.

Take your current situation: are you happy or unhappy? Whichever you answer, why? Take a look at the good things you have – perhaps food, shelter, clothing, a support system of people who care, a job, comforts, a relationship, a religion – and contemplate for a moment if you are truly that bad off. Some certainly are. Many of us are not – we have a lot of things that have been provided or that we have fought to obtain and achieve.

Take it a step further: we all have things that ail us to various degrees. Everyone has their crosses to bear and heartaches burning a hole in their souls; the moral of this story is to ensure we are not making rash decisions, constantly hedging our bets and gambling the present in hopes of a brighter future. Like playing the stock market, you may see some gains (which reinforces the behavior), but you will also make losses – sometimes tragic – whereas you could have easy accepted your current lot and been at peace. Those impulse purchases and that money you go into debt over today can become part of a pattern; you become comfortable in that state and you never stop borrowing against the system.

Happiness is a state of being; there is no “happily ever after.” Even the kids on 90210 have problems every episode, so there is nothing money, clothes and perfect hair magically solve (no matter how much they may alleviate of other potential problems.) Truly consider how you may be making decisions daily that put your blessings in peril – relationships, career, hopes and dreams – and find a way to stop. Make time for what matters most – nothing is so serious that it should endanger everything else. We have one life to live, and all we can do while we are here is our best. There’s no need to rush: we have all the time in the world.

Make a list of the things in your life that you are happy about and make you happy, and do everything you can to preserve those things. Mninimize the decisions that could have an outcome negative to those things. In the end, your present will be less sporadic and frenetic and your future will be brighter for it.

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Gambling For a Living Requires a Business Plan Or Strategy

One of the paradoxes of life is that at first glance, gambling for a living seems to be a carefree, easy, and unconfining way to make a living. But appearances are seldom what they seem and that is especially true of professional gambling. Successful, profitable gambling is a process and not just luck.

Like any way of making a living, gambling requires hard work. The more successful you want to be in life, the harder you have to work at it. You can work hard without a plan and get some results, though they may be mixed, or you can work hard with a plan or strategy and get better results. The question is, how much of a payoff do you want for that hard work?

If you don’t want to waste time and all that hard work, I suggest you plan your work (learning how to gamble) as well as your gambling. The studying and learning are part of the job, so you have to consider part of pro gambling is education. How you get that education may vary. For some, a gambling mentor or school is the way to go. Other people choose books, videos, and other methods. While you can practice at the race track or casino or sports book, practicing before you study can be very costly.

Successful businesses usually have a business plan, in fact, business experts say that a good business plan is the most important tool for success in business. Since pro gambling is a business (and if you aren’t treating it that way, good luck making a profit and luck is exactly what you will need) it only makes sense to have a real written plan. The first part of that plan should be a list of tools that you want to acquire or have acquired to be a successful gambler. Write down what skills you will need to be a success at your chosen gambling venue.

Obviously knowledge of the game, whether it is racing, sports, or casino gambling, is a good place to start. To be successful at a game or business you have to know it inside and out. Knowing what tools (skills and knowledge) you will need and how to acquire them is a good place to start. Also, writing down some realistic goals is another requirement. If you don’t know what you want or expect, how will you figure out how to get it or even know when you have attained it?

Money management is an absolutely essential skill that you need to develop and practice vigilantly in order to succeed as a gambler. If this is starting to sound like a lot of work and somewhat confining and less free than you thought gambling would be, welcome to the real world of professional gambling.

Everything should be written down in a business plan. It doesn’t have to be real complicated but it should be clear and give good guidelines that you can follow. It is your business plan and you can edit it any time that you want to. I advise you to write your plan including goals, both financial and personal, starting bankroll and where future more money will come from, as well as what tools and skills will be needed. Next, start to budget your time. How much time will be spent each day/week/month on book keeping, learning, gambling? Also, and this is very important, how much time will you spend reviewing your plan or gambling strategy and also, finally, how much time will you spend on other areas of your life such as family and relationship commitments and responsibilities?

Let’s not forget that gambling can be fun, but it also is work, in fact, if you do it for living it can be more work than work, if you know what I mean.

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Gaming: Luck Vs Science

Games of chance such as the ones we play in casinos or poker dens are some of the potentially most rewarding of pastimes. Opinions are divided, however, as to what really makes the gaming world go round. Is it sheer luck? Or do the hardened veterans who scoff at luck and swear by skills and strategy actually have a point? Are there different factors involved for a brick and mortar casino and an online casino?

Luck in Gambling

Gambling has been around in some form or the other as far back as the dawn of civilization. In fact, you could say that any situation in which you put something (your life, your career, your comfort) at risk in order to be a part of something mysterious, where the outcome isn’t yet known and is random, is gambling.

There’s this school of thought that consider luck the main factor for achieving success at gambling. And while luck might seem to sound like that random run of good things happening to you, there’s a school of thought that relates luck to more quantifiable – at least according to them-factors. That’s where astrology comes into play.

Astrologers claim to have revealed, based on a 30-year study of gaming that there are planetary transit patterns – planet movements in simple English – on the days that you win and other lucky days which inadvertently affects your chances of winning.

Gambling Science

The other school of thought is that luck is just a marginal factor in gambling and that it is mostly a matter of skill and probability. In fact, the very name ‘game of chance’ refers not to luck but to the probability (or chance) of a certain event happening out of a given number of probable outcomes.

For example, in a game of BlackJack a shuffled deck is not reinserted into the game once it has been played, bringing probability into play for the rest of the cards. Probability is not a guess; it is calculated from a list of possibilities. The object is to place your bet on the outcome that has the highest probability of happening i.e. closest to 1 and at the same time using an effective strategy with your bets to give yourself an advantage, and also to identify anomalies of chance and to take advantage of them to further your winnings.

Application to Online Gaming

Just as in brick and mortar gaming, online gaming – comprising online casino, online poker etc – has people divided on the importance of luck and science, respectively. Let’s take the example of a game of online poker here, say Texas Hold’em. Luck – defined simply as what can’t be controlled or freely predicted – dominates here, as players don’t know which cards from the deck will be dealt. Once they’re dealt their cards, they each know their own cards, and so can safely eliminate those two cards from the probable combinations their opponents might be holding. The flop, the turn and the river further reveal cards that the others are not holding, hence helping the players each formulate a strategy as per what they perceive the strength of their respective hands. So, as the game progresses, luck decreases in significance.

Conclusion

Gaming, whether online gaming or otherwise is the favorite recreational activity amongst many & being at ease while playing is the key to a winning casino and poker strategy. Using lucky charms and working out a strategy are just means to this very end, that is, if they do put you at ease! So kickback, relax and enjoy yourself!

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What You Absolutely Must Do When Gambling Online

Here are some tips on what you absolutely must do when gambling online.

1. Before you even click that sign up button you should do in depth research into the casino you are thinking about investing your hard earned cash. Do an internet search and find out what other people are saying about them. Read their policies regarding payments and withdrawals, and also what method they use for these transactions, and what type of security policies they have in place. Ask about their software provider, leave nothing out, you don’t want to have any regrets later in the game.

2. Play as many free games as you can before you start playing for real cash. Get a feel of the games, see which ones you are comfortable with and which ones you find difficult. Familiarize yourself with the different types of games, read all the instructions before playing, know what the jackpot payout of each game is, and the maximum number of coins to be paid for each game. This is important because some machines like the “Progressive Slots” will not payout any jackpot unless you play the maximum number of coins.

3. Prepare a game plan before you begin playing for real, set goals for yourself, decide how much cash you can afford to gamble on any one day and stick by that plan. Decide how many days you want to gamble and how many hours each day. Without a good game plan you will be like a fish out of water once you start playing, you will not know what your next move should be. If you can’t figure out a good game plan, check out the internet as there are literally hundreds of websites that offer great gambling advice, including online gambling strategies.

4. Start playing the games that require the smallest amount of cash but with good jackpot pay outs, you can gradually move onto the highest game on the list as you become more comfortable with the game and so on. Take your time after all online casino gambling is all about fun, and using this strategy will increase your play time, as your cash flow will last much longer.

5. Know when to stop. Not because you might be on a winning streak, you should continue playing, but if you insist, do so with caution, do not invest all your winnings back into the game, put aside a good portion of your winnings and use the rest to continue playing. Remember the more you continue to gamble the more you stand the chance of losing all your cash and ending up with nothing. Don’t be greedy, count your blessings, and log off.

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