A Quote by David Sklansky

Anytime you make a bet with the best of it, where the odds are in your favor, you have earned something on that bet, whether you actually win or lose the bet. By the same token when you make a bet with the worst of it, where the odds are not in your favor, you have lost something, whether you actually win or lose the bet.

David Sklansky

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Actually Anytime Best Bet Earned Favor Lose Lost Make Odds Same Something Token Whether Win Win Or Lose Worst Your

Quote Author

David Sklansky
American - Author
Born: December 22, 1947

Bet you ten bucks we make it." What are the odds? she thought, and realized with sudden, blinding clarity that she wouldn't take the other side of that bet, that only a loser would bet against them. This is really it, she thought, amazed. This is really forever. I believe in this. "Min?" he said, and she kissed him, putting all her heart into it. "No bet," she said against his mouth. "Your odds are too good." "Our odds are too good

Jennifer Crusie

I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet.

Larry Hite

I bet on everything. Everything. It's just like, 'I bet you I can spin my chair longer.' Everything, I say 'I bet you.' I love to win.

Kellan Lutz

The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.

Charlie Munger

Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.

Charlie Munger

If you bet on a horse, that's gambling. If you bet you can make three spades, that's entertainment. If you bet cotton will go up three points, that's business. See the difference?

Blackie Sherrod

There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.

Larry Hite

Bet you never eat, he says. Bet you drink up the oxygen like it's butter. Bet you can go for days on nothing but thoughts.

Lauren DeStefano

Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.

Charlie Munger

In Louisiana, we don't bet on football games, we bet on whether a politician is going to be indicted or not.

Mark Duffy

I think that when somebody loses a bet, they tend to sometimes confuse their motives in rooting and enjoying the game because if you lose your bet, even though the team you're rooting for wins, you have a potentially conflicted outcome.

Gary Bettman

A bet is a bet and I always keep my word in the bet what I do.

Enrique Iglesias

It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it - who look and sift the world for a mispriced bet - that they can occasionally find one. And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time they don't. It's just that simple.

Charlie Munger

Before you even consider making a value bet, try to determine if the bet will have any value at all. Attempt to put your opponent on a hand that he'd likely call a bet with on the river. To do this, you'll have to mentally play back the details of the hand. Think about your opponent's playing tendencies.

Daniel Negreanu

Blackjack is very scientific. There's always a right answer and a wrong answer. Do you take a card, increase your bet, bet big or bet small. There's absolutely a right and wrong answer.