Quote:
Originally Posted by bentonja
we all have a threshold where we we stop gambling and bank the winnings
assuming you started with $10,000 like Archie did, where is your threshhold?
For me, I would guess it would be around $100,000. Meaning if I ran $10,000 to $100,000 I would stop gambling at that point and bank the win (use it for investments or whatever else I choose).
So obviously I would NEVER EVER HAVE THE POSSIBILITY OF WINNING ANYWHERE NEAR THE AMOUNT ARCHIE WON. And neither would any of you other people ITT saying you would have kept some of the millions.
No you wouldn't have. Because you never would have won the millions in the first place because you would have banked the win far short of millions so you would NEVER EVER IN A MILLION YEARS BE IN ARCHIE'S SITUATION.
You cannot win like Archie because you will always bank the win.
Archie won $40 million because he would never bank the win.
Archie lost it all because he would never bank the win.
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I feel like archie when I think back to when I threw 40 on ftp, 5 hours later was sitting at 1750. Only to start drinking and lose like 700 after. But then again, even I stopped before plunging to zero.
I also watched a guy win 40gs playing blackjack only to lose it all back within 20 mins, Im thinking its degeneracy.. But the fact that he wasn't really sad? nor committed suicide after losing 40mill. I'd say he did well.