Gambling Odds vs. the Odds of Life

There are times in your life when you need to stop and analyze what is going on. Some things are too profound to overlook. The answers you uncover may not be conducive to your actions, but they need to be analyzed.

One of the key lessons you learn early on when trying to become a professional gambler is you must always play with the gambling odds in your favor to be successful long-term. Anybody can walk into a casino and get lucky, but very few can sustain that success over a long period of time.

One of the biggest misconceptions about pro gambling is that since the gambler has the advantage this guarantees success every time he enters the casino. In much the same way that someone with little knowledge can get lucky and win on any given day, the pro can lose on any given day even though the odds are in his favor.

Each trip to the casino has its own level of uncertainty which is the essence of gambling. Pro gamblers try to take the uncertainty out of gambling and rely on math to lead them to success as do casinos, but math will only dictate the long-term not the short-term. The short-term is dictated by “luck” a word that losing gamblers love to use and winning gamblers try to avoid.

Recently I had an event occur in my personal life that shows the uncertainty of life. My 16-month-old nephew was on the bottom bunk of a bunk bed when he fell off. If you created this scenario 1000 times the results that occurred probably would have happened only once, but those 1 in 1000 odds worked in the negative. He ended up hitting the corner of the door in such a way that he crushed part of his skull. He has since had two surgeries and continues to fight for his life and well-being.

Gambling Odds Brody

What is the point of me revealing this personal story in a blog post? To remind everyone who reads this that all we can do is fight to put the odds in our favor in life, but we are still at the mercy of chance. Is that chance controlled by a higher power? That is for you to decide.

We know that smoking causes lung cancer. Does that mean that if we don’t smoke we will not get lung cancer? No. My grandmother never smoked a day in her life but died of lung cancer. All it does is put the odds in our favor that we won’t contract lung cancer. The mathematics will work out for the masses but not always for the individual as in the case of my grandmother.

Does that give us the freedom to smoke and hope we get lucky? Some may feel this way, but if we do now the odds are against us. This is an even bigger uphill battle. Sure you may be the one 94-year-old smoker to make it, but the odds are against you.

We’ve all heard of the gambler who walked into the casino for the first time and put in three coins on the Mega-Millions slot machine and walked away a millionaire. The odds were against him and he won.

The odds were in the favor of my nephew and he lost. He could have landed in a hundred different positions without the hint of a scratch, but the odds were with him and he lost. How can this be?

What can we do? Give up? Allow life to be dictated by forces outside of our control and sit back and do nothing about it? Should we give in and take the long shots in life and hope to get lucky?

Many people go through life disappointed in the results they achieve. Whether it is in their life in general or their gambling results, they feel short-changed. Upon further inspection there is usually an obvious answer for their poor results. More often than not the odds were not in their favor. Every once in a while you come across a situation similar to my nephew where it was just bad luck.

The point I’m trying to make is to live life with the odds in your favor and don’t worry about the results. If you eat healthy and exercise everyday there is a good chance that you will never become a diabetic. However, if you should, you can’t scrutinize the results. You put the odds in your favor but the results went against you. That’s where your belief in a higher power will provide comfort.

It’s easy to fall into the trap of feeling life is out of your control. I myself have felt that way many times, but when I inspect the situation closely it is usually the result of my own actions in one way or another. There are times when you truly have no control, but usually  the results are a reflection of your actions and in the end the odds will prevail.

If you don’t smoke, you probably won’t get lung cancer. If you learn to count cards and implement the strategies correctly, there is a good chance you will win more than you lose. Don’t let one instance of poor luck allow you to make dozens of poor choices because most of the time if the odds are in your favor you will be content with the outcome.

We’ve heard the cliché “Life is a Gamble” and indeed it is. So what should you do? The answer is quite simple but can often be difficult to implement. Put the odds in your favor as much as possible and live with the results, and when the results feel overwhelming turn to a power bigger than yourself for comfort.

About Greg Elder

I was 37 years old, a husband and father, a former teacher, college and high school basketball coach, and a business owner, I decided to give it all up (Not the husband and father part) to take a shot at pro gambling. I was coming off a job I hated selling insurance, and I vowed to do something I was passionate about. For the next year I would spend 12-15 hours a day researching, studying, and practicing advantage gambling techniques. The goal was to see if I could sustain our current lifestyle as a professional gambler. I wanted to find out if casinos really could be beat. At the time, I thought it may be the biggest mistake of my life, but my intentions were to have fun trying. It has been an interesting few years since that journey began. My feature book GAMBLERS FIGHT BACK has been released and can be purchased on my author site at www.GREGELDERAUTHOR.com I would consider my pro gambling career to be a success on all fronts. I didn't win millions of dollars, but I was able to enjoy every minute of it. It brought an excitement and passion back into my professional life. It has helped lead me to a writing career that I had no idea I even wanted before this challenge. I was able to write a book that shared with others exactly what I learned along the way.. Gambling professionally is not easy, but there are certain things the average gambler can do to increase their chances of success tremendously. That's the information I try to pass along to my readers.

Trackbacks/Pingbacks

  1. Gamble Aware: “X-Ray Glasses” Do Not Increase Chances of Winning Jackpot… « The Demon Chimp of Prague - February 4, 2013

    […] Gambling Odds vs. the Odds of Life (progamblerslife.com) […]

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