THIEF! The Gutsy, True Story of an Ex-Con Artist

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Friday, May 2, 2008

Ebb and Flow

Did you know that the most important trait of a good gambler is knowing when to leave. The longer you stay in a game, the greater the house odds of your leaving broke. All casinos try to keep you playing as long as possible because they know the odds are overwhelmingly in their favor. Gambling is like an ocean tide. When it’s coming in, play a lot...when it’s going out, take it easy. It’s called ebb and flow. So know how to make the best of run of luck and leave when you're on a losing streak.

This professional poker player said it even better:

The poker winner doesn’t perform any miracles. His luck may be only average, but he will win because he makes the most of his cards by building up the pots he expects to win and staying out of those hands he’s certain to lose.
Johnny Moss

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