A Quote by Richard Arnold Epstein

Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system. — © Richard Arnold Epstein
Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.
The individual skill of the player determines the outcome, unlike betting on the horses or betting on the lottery. It's not an individual betting against the house and that's an important distinction.
Everybody's got a worldview. Everybody's betting their life on something. ... You just better know why you're betting what you're betting on.
Betting on the success of innovative technologies in the marketplace can carry all the uncertainty and risk that betting on the next card in the deck does at a blackjack table in Las Vegas. There is a factor of randomness that must be factored in, but precisely how to do so is anyone's guess.
Jesus said, "I am the way to heaven." I'm betting that he's not a liar. I'm betting that he told the truth.
Betting that markets will be 'volatile' is like betting the weather will be partly cloudy. It's a smart-sounding strategy that doesn't mean much.
You're better off betting on a horse than betting on a man. A horse may not be able to hold you tight, but he doesn't wanna wander from the stable at night.
My concern today is with the painting of manners of the present. The past is interesting not only by reason of the beauty which could be distilled from it by those artists for whom it was the present, but also precisely because it is the past, for its historical value. It is the same with the present. The pleasure which we derive from the representation of the present is due not only to the beauty with which it can be invested, but also to its essential quality of being present
The second-worst thing in the world is betting on a golf game and losing. The worst is not betting at all.
While, to me, daily fantasy is in no way sports betting, it's certainly a cousin of sports betting in that it attracts many of the same type of people who would otherwise choose to bet on sports.
We do not rest satisfied with the present.... So imprudent we are that we wander in the times which are not ours and do not thinkof the only one which belongs to us; and so idle are we that we dream of those times which are no more and thoughtlessly overlook that which alone exists. For the present is generally painful to us.
There is the problem of unpaid labor, such as housework, which represents millions and millions of unsalaried work hours and on which masculine society is firmly based. To put an end to this would be to send the present-day capitalist system flying in a single blow. Only we can't do it by ourselves; there have to be other kinds of attacks on the system. So a certain alliance with revolutionary systems is necessary, even masculine ones.
Too many players focus on physical tells. For both online and live games, you should be focusing more on betting patterns and histories. The ability to figure out your opponent's hand based on his betting pattern is a crucial skill.
The only result of our present system - unless we reverse the drift - must be the gradual extension of the fascist sector and the gradual disappearance of the system of free enterprise under a free representative government.
In some of the middle colonies the towns and counties were both active and had a relation with each other which was the forerunner of the present system of local government in the Western States.
Optimization is generally detrimental to future success, but it is the only way to accomplish present success in competition with others who are equally interested in short-term results.
Most major sports benefit from the fact that betting by the general public fuels fan interest and boosts television ratings. The Super Bowl and 'March Madness' are prime examples. But sports other than boxing draw a clear line where betting by participants is concerned.
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