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Posted 10/14/2009 at 09:26 AM
It never ceases to amaze me. ….Needless to say, I read anything and everything that has to do with the subject of gambling. One of the recurring themes is that the reason people gamble is that they have a need to lose.
That would be the psychologist’s convoluted view
on risk-taking in general.
That hasn't been my experience at all. Just recently, I hosted a millionaire-club lunch. These are the elite players who have won over a million dollars following my picks. Not one of them seemed unhappy. In fact, the mood was kind of giddy. To the man, they all told me how much fun they were having, and how much the winnings have truly changed their lives.
Does everybody win? Absolutely, because all of my clients are getting the same picks...unlike some other handicapping services. And unlike other services, I actually speak with my clients, and offer them money management advice as to how to accumulate and hold on to their winnings. It’s an entire shift of the gambling paradigm, treating it more like a business than an expensive hobby.
It's no different than hiring a broker to manage your portfolio. You do your due diligence, you do the chemistry check, and you ask for a history of performance. That's why I have the clientele I have.
They're smart, and they're all looking to win.
As to the need to lose theory, if you think you fit in that category, don't sign up.....you'll be miserable.
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