A Few Quotes About Gambling to Live and Bet By
06Sep

A Few Quotes About Gambling to Live and Bet By

Gambling has existed since the beginning of human history, it is not surprising that there has been discussion of the topic over time. Almost anywhere you look, there are allusions to gambling: from proverbs from antiquity to literary figures' quips and words of wisdom to advice from seasoned gamblers.  Here are a few of the most memorable quotes about gambling:

“Quit while you’re ahead. All the best gamblers do.”

It's likely that you've heard these words before, but you could be excused for not knowing who said them. They were descended from Baltasar Gracián y Morales, a Spanish Jesuit priest (1601-1658). In addition, he was a writer and philosopher, best known for the book "The Art of Worldly Wisdom." It seems like a skill that every bettor ought to acquire.

“The excitement that a gambler feels when making a bet is equal to the amount he might win times the probability of winning it.”

There was a certain genius - Blaise Pascal. Pierre de Fermat, a fellow mathematical theorist, sought the Frenchman's mathematical mind to solve a gambling problem. The Frenchman was also an inventor, mathematician, physicist, and theological writer. The basis for the current theory of probability was established by their correspondence on the subject.z

“In gambling, the many must lose in order that the few may win.”

This quote was made by Irish playwright, critic, and political activist George Bernard Shaw.His strong anti-gambling sentiments served as the inspiration for his essay, "The Vice of Gambling and the Virtue of Insurance."

“Look around the table. If you don’t see a sucker, get up, because you are the sucker.”

In 1992, Thomas Austin Preston, Jr., also known as "Amarillo Slim," was inducted into the Poker Hall of Fame. He was a professional gambler and poker player. On the game show "I've Got a Secret," Amarillo Slim once admitted to losing $190,000 in a single poker night. Maybe he realized what had happened to him after making that small error.

“A gambler never makes the same mistake twice. It’s usually three or more times.”

As a writer and poker player, Terrence "VP Pappy" Murphy offers many perceptive opinions about the gaming industry and its participants. This one is especially insightful. Everyone has encountered—or been—that person who simply cannot give up after just one setback or who keeps making the same errors. If you identify with this quote, it's time to reevaluate your approach.

 

 

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