#gambling

Gambling is an act of faith of gamblers. Prophecy is an act of faith of the saints. ↗

— Toba Beta

#gambling #prophecy #faith

Maybe the difference between first marriage and second marriage is that the second time at least you know you are gambling. ↗

— Elizabeth Gilbert

#marriage #marriage

Another mistaken notion connected with the law of large numbers is the idea that an event is more or less likely to occur because it has or has not happened recently. The idea that the odds of an event with a fixed probability increase or decrease depending on recent occurrences of the event is called the gambler's fallacy. For example, if Kerrich landed, say, 44 heads in the first 100 tosses, the coin would not develop a bias towards the tails in order to catch up! That's what is at the root of such ideas as "her luck has run out" and "He is due." That does not happen. For what it's worth, a good streak doesn't jinx you, and a bad one, unfortunately , does not mean better luck is in store. ↗

— Leonard Mlodinow

#luck #math #probability #statistics #math

The attraction in this city is money, from gambling. What you are if you work here is a shill. ↗

— Joe Williams

#city #gambling #here #money #work

Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. ↗

— Vince Cable

#aspect #balance #balance sheets #banking #banks

No presidential candidate should visit Las Vegas without condemning organized gambling. ↗

— Ralph Nader

#condemning #gambling #las #las vegas #organized

There are three roads to ruin; women, gambling and technicians. The most pleasant is with women, the quickest is with gambling, but the surest is with technicians. ↗

— Georges Pompidou

#gambling #most #pleasant #quickest #roads

My casino experience is to someone else their experience with their employer, of how the company has elected to behave solely for greed, profits, and spite. But we shouldn’t give up hope in such situations. We have an obligation to separate the justices from the injustices. We should hold these corporate neighbors accountable for the wrongs that they commit. Someone has to. ↗

— John-Talmage Mathis

#casino #gambling #gaming #i-deal-to-plunder #louisiana

Shockingly, a University of Pennsylvania study says the number of young people addicted to gambling - largely due to increased exposure to the Internet and Internet gambling - grew by an alarming 20 percent between 2004 and 2005 alone. ↗

— Spencer Bachus

#alarming #alone #between #due #exposure

But I also think that it does create a lot of revenue, but to me it's a temporary revenue stream because it's an industry that, if suddenly gambling started in Massachusetts, then a lot of our patrons who would gamble in New Hampshire if we had it, would disappear. ↗

— Craig Benson

#because #create #disappear #does #gamble