Life's a Gamble

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a b "Legendary Poker Icon Mike Sexton Passes Away at 72". Poker Central. September 7, 2020. Archived from the original on September 7, 2020 . Retrieved September 8, 2020. A weekend in Vegas without gambling and drinking is just like being a born-again Christian.” – Artie Lange a b Sexton, Mike (September 2006). Remembering Stuey 1953-1998. {{ cite book}}: |work= ignored ( help) Honoring Mike Sexton: Six career milestones that made him an irreplaceable legend". Somuchpoker. September 8, 2020. Archived from the original on September 10, 2020 . Retrieved September 10, 2020. Nobody is always a winner, and anybody who say he is, is either a liar or doesn’t play poker.” – Alfred Alvarez

Jeopardy!' Champ James Holzhauer Finishes Out of Money at World Series of Poker Debut". New York Post. Associated Press. June 25, 2019 . Retrieved June 25, 2019. The way to achieve meaning and purpose in life is to (unfortunately) gamble on desired outcomes, but the true odds of success are unknown.

English–Arabic English–Bengali English–Catalan English–Czech English–Danish English–Hindi English–Korean English–Malay English–Marathi English–Russian English–Tamil English–Telugu English–Thai English–Turkish English–Ukrainian English–Vietnamese Mortals simply aren't what they used to be," he said. "A thousand years ago, you would have bartered your immortal soul for a crust of stale bread. Now I can't even get you to gamble at all, even for your freedom.” a b "Tributes pour in for poker giant Mike Sexton". Las Vegas Review-Journal. September 7, 2020. Archived from the original on September 10, 2020 . Retrieved September 8, 2020. Understanding gambling in full requires formal knowledge across many disciplines, including mathematics. When I was young, people called me a gambler. As the scale of my operations increased I became known as a speculator. Now I am called a banker. But I have been doing the same thing all the time.” – Sir Ernest CasselThe gambling known as business looks with austere disfavor upon the business known as gambling.” – Ambrose Bierce

The Great German general Erwin Rommel once made a distinction between a gamble and a risk. Both cases involve an action with only a chance of success, a chance that is heightened by acting with boldness. The difference is that with a risk, if you lose, you can recover: your reputation will suffer no long-term damage, your resources will not be depleted, and you can return to your original position with acceptable losses. With a gamble, on the other hand, defeat can lead to a slew of problems that are likely to spiral out of control. With a gamble there tend to be too many variables to complicate the picture down the road if things go on. The problem goes further: if you encounter difficulties in a gamble, it becomes harder to pull out—you realize that the stakes are too high; you cannot afford to lose. So you try harder to rescue the situation, often making it worse and sinking deeper in to the hole that you cannot get out of. People are drawn into gambles by their emotions: they see only glittering prospects if they win and ignore the ominous consequences if the lose. Taking risks is essential; gambling is foolhardy. It can be years before you recover from a gamble, if you recover at all.”Sexton also served as the lead commentator on WPT telecasts, working alongside Vince Van Patten for the program's first fifteen seasons. A former commentator of the World Poker Tour, alongside Vince Van Patten, he wrote articles for Card Player Magazine and the Gambling Times. He founded the now-defunct Tournament of Champions of Poker, which only let tournament winners from the previous year compete. [15] PartyPoker [ edit ] I never advise friends to put money in anything,. said Danny. 'It's a no-win situation - if they make a profit they forget that it was you who recommended it, and if they make a loss they never stop reminding you. My only advise would be not to gamble what you can't afford, and never to risk an amount that might cause you to lose a night's sleep”

Before the Game: Mike Sexton the Paratrooper (Part One)". www.pokernews.com. Archived from the original on September 7, 2020 . Retrieved September 8, 2020. Sports and casino gaming have shot through the roof, given its (increasing) legality and online accessibility. If anybody ever gives you 10,000-1 odds on anything, you take it. If John Cougar Mellencamp ever wins an Oscar, I’m gonna be a very rich dude.” – Kevin Malone My guest this week is Ed Miller. Ed is on to talk about his new book, "Interception" which he co-authored with Matt Davidow. In 1985 he moved to Nevada to pursue poker full-time. [4] Sexton was a well-known cohort of poker player Stu Ungar, and was a pallbearer and speaker at Ungar's funeral. [5] Poker player and promoter [ edit ] World Poker Tour [ edit ]Sexton joined the U.S. Army as a paratrooper assigned to the 82nd Airborne Division in 1970. [3] The division had just returned from Vietnam and Sexton never saw combat. While he was in the army, he taught ballroom dancing, and one of his clients convinced him to try being a salesman, which he continued to do after his two-year enlistment was up. After a while, he realized that he could make more money playing poker than being a salesman, so he took up poker in 1977. [4] Caruso III, Anthony (September 7, 2020). "Poker icon Mike Sexton has passed away". The Capital Sports Report. Archived from the original on September 10, 2020 . Retrieved September 8, 2020. Gambling is the future on the internet. You can only look at so many dirty pictures.” – Simon Noble Conventional wisdom nor scientific, mathematical prove of randomness in life could do nothing to deter human's curiosity for the unknown, however small the chance of a positive outcome maybe.”