I wonder if Albert Einstein had been a gambler (he did lots of hypothesizing) what would he have achieved?
I'm pretty confident he would have been a winner with such a disciplined, methodical mindset. Who on earth would doubt a man of such great intelligence?
We can learn a lot from talented people. I mean, who would you want as a tutor? Einstein, Plato, Aristotle or some old bloke who sits in the corner of the bookies?
Firstly, I would never, ever, limit someone without getting to know them. Some of the richest, most intelligent people, walk about looking more like a tramp.
Even Einstein was influenced by his peers: Bertrand Russel, Sigmund Freud, Baruch Spinoza...
A man of many quotes, one which sticks in the mind:
''Any fool can know. The point is to understand''
I question if many gamblers know. They know something but not a high percentage of winning. That's why most don't understand. And to win you need to understand lots of many and varied things which often, strangely, don't look to have anything to do with gambling at all. You need to learn about yourself, too.
It's like a journey without a map. You have to assess the situation, location, experience as it comes along. This leaves many gamblers falling by the way.
Nothing wrong with losing as long as you learn. It is a great mindset to improve your knowledge, find an angle and make your betting pay. With time, experience and discipline, you may well make a big-time gambler. You shrug off the shirt of the ordinary man in the bookies to one who is wholly confident in their ability to find winners and know how to cope with those losing runs.
A diamond only shines because it has 58 facets
What have I noticed about most gamblers?
I hate to say it, but a huge lack of learning. It's like someone learns basic French, just to order fish and chips: ''poisson et frites'', but not interested in showing off a little with the venison in red wine jue.
As Del Boy would say: ''creme de la menthe''.
In my opinion, you cannot afford to stop where you start. With gambling, you need to be an expert to achieve any standard and then some.
Psychologists say it takes 10,000 hours to become an expert. That doesn't mean 10,000 hours of that first hour's learning. Gamblers can be very frustrating. In fact, I am astounded by how little the majority of bettors understand. I've chatted with someone who ''talks the talk'' about horse racing and within 5 minutes realise they have little chance of bashing those bookies.
Do not lack in your opportunity to win.
Linford Christie won the Olympics because he wanted it. No f***er was going to take his medal or make him question his time and dedication. It's not where you start - but where you finish. The opportunity is still awaiting you.
I've studied many and varied professional gamblers: Dave Nevison, Harry Findlay, Alex Bird, Jack Ramsden et al.
You know what I have discovered about them?
They all had their own very different approach. One loved an each-way bet, while another considered them a joke. Who wins at multi bets? Jack Ramsden made a fortune. While Phil Bull relied on his trusty stopwatch.
Perhaps if it tells us one thing, that it pays to be different, specialise and find your niche. I think winner-finding helps you follow a certain path. In the sense that if you knock on the head everything that doesn't work, it is logic you will find that seam of gold and then with more work you may well find a giant nugget (of info) that literally affords all the money you need.
So the question:
What do professional gambler's bet on?
It is anything and everything. But they specialise. Why? Because there aren't enough hours in a day to do everything. And let's face it, if you could bet on 50 exceptional tips a year why would you stretch yourself to bet on 100? You'd be better off doubling your bet and putting your feet up with time on your side.
Professional gamblers at work
A pro gambler often works long hours, especially in the early years, but they are always looking to work smart, save time, make positive changes but in a way that polishes the stone. Confidence is the key to any gambler and they are or should be, careful not to destroy this fragile creature.
Emotion is a killer for many pro gamblers.
For sure, making money gambling isn't easy. Learning the skills to do your daily job didn't come easy. I think the sad aspect of gambling is what I mentioned earlier, that so many people spend unending hours betting but these hours need to be spent on learning how to be a winning gambler.
Don't just bet, invest your time and money wisely.
Great article from Albert Einstein:
God doesn't play dice