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How You Can Become a Professional Gambler

On Tynan

I get an annoying amount of email from people asking me how to gamble like I used to. The truth is that what I used to do isn't profitable anymore. It was a right time, right place sort of scenario. Although I'm not a professional gambler anymore, I have been spending time studying and improving at poker (I'm a break-even or slightly profitable player), and I have friends who are pros. There are surely several different paths you can take to make a living gambling; this is the one that I'm aware of and is feasible for someone of above average intelligence.

Despite offering a rough guide to making money gambling, I don't necessarily recommend that you do so. I gambled professionally for seven years. During that time I made a lot of money and enjoyed my life. One morning I woke up and all of my money was gone. The story behind that is complicated, but the gist is that "they caught on". The strongest emotion I felt was a sense of relief. Gambling is fun, but it's not "big". It doesn't contribute in a meaningful way or leave you with a body of work.

Most casino games have a house advantage ranging from 2-5%, assuming "perfect play". That means that if you play perfectly, you can expect to lose, on average, about 2-5% of the action you put through a machine. Perfect play for slot machines is simply to bet the maximum amount of coins (the jackpot is skewed heavily in favor of maximum coins). For blackjack you need to memorize what to do for every combination of player hands vs. dealer hands, specific to each set of rules (hit on soft 17, resplitting aces, etc).

On Improving When Your Friends Aren't

On SEBASTIAN MARSHALL

Just got a comment on "Having Your Own Ethics is Lonely" by a reader. He asked one of the hardest questions about becoming successful - what happens when you're improving when your friends aren't?

I found this blog because I'm looking for advice. I've realized four years ago that I was unhappy with myself. I lived a poor, and dead end life. So I decided to look closely at my lifestyle and eliminate some bad habits and replace them with good ones. I also got a second job to make more money, and lived in relative poverty by choice. And it worked! I'm healthy financially and I've gotten a chance to learn anything I've wanted to know. I'm strong and smarter than I used to be. I think I know what God is, and everyday I work to be better than the day before. But, I can't connect with my old friends because they do all the things I dont want to be a part of any more, because they dont care to do well for themselves as much. In a way, to put it bluntly, they're not usefull to me. I'd rather make friends with people I truely admire and respect. I dont feel like I can tell them that I basically think they're bad people. They've done nothing to harm me personally, but I want nothing to do with them. What do you think?

Indeed, that's one of the hardest parts about becoming successful.

Most people don't like to change after they get established. If you improve quickly, it can upset and turn off old friends and cause breaks in friendship.

Perhaps the worst time is when you're still on a shaky ground with your old improvement. I remember one time, I was going through a super healthy kick. Lots of gym, weights, very clean and healthy diet. But with one of my buddies, we always ate junk food together when we got together. Pizza, chicken wings, burgers and fries, stuff like that.

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