Quote:
Originally Posted by thaskalos
All the knowledge in the world won't help you when you face the pressures that serious gambling brings on...it then becomes a game of discipline and self-confidence.
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I agree with you.
I learned some of this in my teens in pool rooms.
I saw kids that were 15 years old that were willing to gamble their last $500 on a set at nine ball against a similar opponent, borrow money if they lost because they still thought they had the best of it, and continue firing away.
I saw experienced businessmen with more money than they knew what to do with whose game collapsed for $20 against an inferior opponent when they were in a tight game.
I think in all gambling you have to find your personal comfort level given your financial situation, personality, nervous system, confidence, and other things that can impact your decision making and finances.
My own betting level still varies from year to year, but I was far and away my most aggressive in my early 20s. I would sometimes bet my entire paycheck on a single horse if I was certain I had the best of it.