Driving north, I often pass numerous casinos, bustling with patrons eager for a chance at a windfall. Personally, I’m not drawn to casinos or gambling, but upon reflection, I realize that I gamble frequently without conscious thought.
- I invest in the stock market, hoping for a gain.
- I purchase non-refundable plane tickets well in advance, betting that no unforeseen events will prevent their use.
- I shop for just a week’s worth of groceries, trusting that no emergency will disrupt food availability or the supply chain before I shop again.
- I pursued a college degree, wagering that it would lead to a better job.
In essence, life is full of gambles. Those most likely to succeed are aware of their odds and understand which parts of the process they can influence. For instance, astute gamblers often prefer Blackjack or Poker over slot machines because the odds are more favorable, and they can impact the outcome by making strategic decisions on when to hit, double down, or fold. Smart play gives them an ‘edge’.