Re(2): #489 - Gambling fallacies, e.g., ''Playing with house money''

Posted on July 14, 2013 at 07:43:08 PM by mrberv

My favorite story
A man goes to track and bets $2 on first race and wins. puts entire winnings on next race and wins again. keeps betting all his winnings every race and wins every race.
bets all on last race and LOSES

His friend asks him how did you come out? He said lost $2.

Replies:

Re(3): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By Tiger July 15, 2013 at 07:54:14 AM
Re(4): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By Blackie July 15, 2013 at 08:56:47 AM
Re(3): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By BornInMiami July 15, 2013 at 00:26:48 AM
Re(4): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By George Z July 15, 2013 at 09:33:48 AM
Re(5): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By Bennett July 15, 2013 at 11:26:34 AM
Re(6): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By Perry July 15, 2013 at 06:51:23 PM
Re(7): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By Tiger July 15, 2013 at 06:57:48 PM
Re(8): #489 - Gambling fallacies, e.g., ''Playing with house money'' - By Bennett July 15, 2013 at 07:20:15 PM