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Gamblers Fallacy

Have you ever won a bet and thought to yourself "I knew this was a lock!", or vice versa, you lose a bet and say to yourself "I knew this was a loser, what was I thinking." If either of those statements resonated with you...you're bad at gambling. In fact, you shouldn't gamble, but you're going to, probably for the rest of my life... I mean your life. This habit (addiction) is going to be very meaningful for you. Here's a couple facts: 1) It's going to increase your stress levels, 2) it's going to reduce your net worth, and 3) its going to make your girlfriend hate you. If somehow you hide your gambling from your girlfriend long enough to make her a wife, she will end up resenting you and exponentially enhancing the increase in stress and reduction in net worth. Don't even think about kids.


Why do we do this to ourselves? These aren't secrets. Gambling has existed just as long as men have existed. We know that time and time again we are going to lose and hate ourselves for it. But we continue to do it. Maybe we want to lose. Maybe throwing those dice and betting on the Titans to smash the Colts at Lucas Oil this weekend (that's a lock btw) is our way of feeling alive. It's a controlled sense of danger. We are exposing ourselves to risk, but the risk's can't kill us. We know the consequences. We don't like them, but were comfortable with them. It's like having that last shot of tequila. It's going to ruin your night and probably the entire next day, but for that one moment before you black-out it's going to make you forget everything that makes you want to drive into the other lane.


There is no point to this post, and maybe that is the point. Now that I told you a little bit about you, let me tell you what you're going to do this weekend....


LIAM's LOCK's

Game

Line

Bet

Steelers vs Browns

CLE -4.0

Steelers to Cover

Titans vs Colts

IND -2.5

Titans ML

Jaguars vs Seahawks

SEA -3.5

Jaguars to Cover

Eagles vs Lions

PHI -3.5

​Eagles to Cover




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The Michigan Problem Gambling Helpline, 1-800-270-7117, is open for crisis intervention and referral to treatment, even during the COVID-19 crisis.

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