Quote:
Originally Posted by LektorAJ
So glad you asked. Betting on Hillary is a bit like playing a reverse implied odds hand like KQo, you win a small pot a lot of the time but lose a big one a bit of the time. Also I'm betting small so "big" is still in the context of "microstakes".
I find this whole thing - judging probability outside of gambling games and sports - interesting in its own right however.
Yes, it's always exciting to find something that's quite like poker, that isn't poker
The US Presidential Election betting has been especially interesting to follow - with the high stakes involved, and there seems to be so much info available - analysis, statistics ... even the opinions behind the statistics. All kinds of stuff.
But then yeah, betting odds for things seem not especially great a lot of the time, for the risk involved? Was fooling around a bit with 'sports' betting last year - it was fun when Beyonce came out during the Superbowl halftime show wearing black shoes lol ... but not so fun when the actual game didn't go the way everybody said it would. Guess maybe the lesson from that is that Sam should stick to betting on fashion instead of sports i don't follow
Also, maybe it's just hard for a lot of people to win in the long-run when a predition that goes another way pays out nothing?
Guess stocks can maybe be a bit more forgiving? Have been meaning to learn more about how to better research stocks for a while now - it seems like maybe research might help make the most of one's retirement fund, no matter how small?
It doesn't seem like too much has been doing well this year with stocks though, so guess haven't been feeling very motivated to learn anything new. Just read something today about Starbucks planning a big expansion in China, so maybe that might be a good place to start? Read something about smaller companies sometimes giving bigger returns - guess it'd be nice to get better at learning more about stocks, so more options like those might be available?
Guess there's a fair amount of things more fun than poker these days
Cheers Lektor!!
Last edited by TrustySam; 10-25-2016 at 12:02 AM.