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Betting Poll

Just been chatting to benparker about betting, so another poll...

Poll #664818 Betting

The point of betting is to...

make money
7(87.5%)
lose money
1(12.5%)

Comments

( 4 comments — Leave a comment )
androidkiller
2nd Feb, 2006 00:22 (UTC)
Neither - it's to get excited by the possibility you might win money.
cartesiandaemon
2nd Feb, 2006 00:38 (UTC)
Yeah, exactly.

Or rather, it depends. Most of the time, the idea is to have fun, be excited, or perhaps give oneself hope.

Sometimes you're aiming to make moneyh by knowing more than someone, or to consolidate risks into a sensible place (if the mob are breaking my legs because I owe them £2X and I only have X, then I've nothing to lose by staking X, and may win legs).

If you're money laundering, the aim is to *stake* money; winning or losing is fairly irrelevent, so long as it's about even.

Most of the time you'd expect to lose money, but that doesn't mean it's an eaim.
randomchris
2nd Feb, 2006 10:45 (UTC)
The point, if you're the house, is most definitely to make money. And most of them do, sometimes significant amounts.

The point of betting is for the house to make you believe that you can make money, while actually taking every penny they can get their hands on :)
ewx
2nd Feb, 2006 10:45 (UTC)
Look at it from a casino's point of view.
( 4 comments — Leave a comment )

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