Re: The Gamblin part (891 Views)
Posted by:
TempletonPeck (IP Logged)
Date: August 09, 2016 07:47PM
"It is the mark of an educated mind to be able to entertain a thought without accepting it."
Aristotle
Seriously though, as I said, I haven't read his work.
As it relates to horse racing, and specifically horizontal plays, I think we will profit most by cashing infrequently, but cashing large when we do.
I'm not suggesting that you should pass on playing those longshot-laden caveman tickets in favor of playing ABC's that only allow for 1-2 longshots, quite the contrary: I'm for playing only longshot-laden tickets that allow for 1-2 short prices.
IOW: Embrace randomness all the way! Cash once a year for a big number and lose the other 200 days. Learn to love the long run :-)