What Are The Odds
The week before last we went to the races at Newmarket. We took the chance to drink a bit of sparkling wine and to see the horses run.
I love watching horses run but I don't gamble.
I learned my lesson in the summer of 1979. I spent the entire summer in Las Vegas or as we always called it "Lost Wages."
A friend and I spent the summer going door to door offering to paint house numbers on the curbs of houses in newly developed neighborhoods. We were promising "curb appeal." We were, of course, college students trying to earn enough money for the next semester at school. People were very obliging. How could they resist enterprising students doing their best to further their education? For five bucks we would make sure the postman would never miss their house on his rounds.
Honestly, we raked in cash; at least enough dosh for a decent hotel, food, and gambling. We did this day after day all hot summer long.
Do you want to guess how much money we took back with us at the end of the summer? We should have been flush with cash. Instead, we barely had enough gas money to make it back to San Diego, where it all started.
I kicked that gambling habit in the teeth right then and there. I vowed I would never get sucked up in that life again.
I've been back to Vegas and I've gambled since but I strictly limit my losses. I've never spent more than $20 a day gambling in Vegas; if I gamble at all. It's kind of the price of admission.
Even though I shun gambling, I love to go to the horse races. I don't know any of the vagaries of horse racing, jockeys, or how the heck they come up with the odds for betting. I've seen a racing form before, and I've seen people study them to death. I don't know, however, if placing a bet after that meticulous and somewhat magical analysis can produce any better results than tossing a coin in the air.
Here's what I do...
It's a brilliant system. I would recommend it to anyone who needs a system for horse racing.
I go the paddock and look at the horses being paraded around. I do a lot of ooohin and ahhhhing and oogling and scratching my head. I stick my finger in the air and say, "Hey, that's a pretty horse!" (They're all pretty though, aren't they). Or I might say, "Gosh, I love that name!". Things like Codswallop or Thunderdash or Flashbang or First Dude or Painting The Sky float my boat. Thunderbolt and lightning, very, very frightening. Gallio ... oh heck - there I go again. Sorry - Bohemian Flashback - now that would be an excellent name for a horse.
Once, I've completed a careful evaluation of the "horse flesh" in front of me, I'll make a note of the name, the number, and the odds, and I go watch the race. When the horse loses, I count up the money I saved by not betting. It's a marvelous system. A spectacular system, indeed. I've banked thousands of dollars/pounds over the years by proactively, not gambling.
Yup - not gambling is for me. Wanna bet...
Until next week, I wish you peace.
T - 263 DAYS
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