Quotes About Gamble

When I graduated, I was going to go to school for law, but had such an affinity for hip-hop. It was like walking into a casino and I decided to bet everything on hip-hop, and I hit! My hit wasn't just a hit for me, it was a hit for everyone in this culture.

The thing I enjoy about going fast is the risk-reward scenario you get. If you make good decisions, the benefits are amazing. If you get it wrong, you can lose so much.

When you make a film, it's a bet. You don't know how the film is going to be, anyway.

I do not. I don't bet.

If you bet big on a daily double, you can hurt yourself.

I'm not a big guy for research. You've got to take a risk.

I wish I could play Blackjack really well.

A successful designer must be a gambler.

To be successful, one must take chances.

EÈ™ti miza jocului pe care de-l câÈ™tigi pierzi tot.

Children are the great gamble. From the moment they are born, our helplessness increases. Instead of being ours to mould and shape after our best knowledge and endeavour, they are themselves. From their birth they are the centre of our lives, and the dangerous edge of existence.

Se você não quer correr o risco. Talvez seja melhor não jogar nada.

wouldn't put money on it," Daisy muttered. Logan

Whales are silly once every two years. The young are called short-heads or baby blimps. Many whale romances begin in Baffin's bay and end in Procter and Gamble's factory, Staten Island.

Bernoulli observed that most people dislike risk (the chance of receiving the lowest possible outcome), and if they are offered a choice between a gamble and an amount equal to its expected value they will pick the sure thing. In fact a risk-averse decision maker will choose a sure thing that is less than expected value, in effect paying a premium to avoid the uncertainty.

The example also shows that it is costly to be risk averse for gains and risk seeking for losses. These attitudes make you willing to pay a premium to obtain a sure gain rather than face a gamble, and also willing to pay a premium (in expected value) to avoid a sure loss.

When the top prize is very large, ticket buyers appear indifferent to the fact that their chance of winning is minuscule. A lottery ticket is the ultimate example of the possibility effect. Without a ticket you cannot win, with a ticket you have a chance, and whether the chance is tiny or merely small matters little. Of course, what people acquire with a ticket is more than a chance to win; it is the right to dream pleasantly of winning.

people's choices are based not on dollar values but on the psychological values of outcomes, their utilities. The psychological value of a gamble is therefore not the weighted average of its possible dollar outcomes; it is the average of the utilities of these outcomes, each weighted by its probability.

Decision makers tend to prefer the sure thing over the gamble (they are risk averse) when the outcomes are good. They tend to reject the sure thing and accept the gamble (they are risk seeking) when both outcomes are negative.

Although hindsight and the outcome bias generally foster risk aversion, they also bring undeserved rewards to irresponsible risk seekers, such as a general or an entrepreneur who took a crazy gamble and won.

C'est l'affreuse loterie de la vie

The definition of a calculated risk is a gamble which military men take when they can't figure out what else to do and which turns out to be right. When it turns out wrong, it wasn't a calculated risk at all. It was a piece of utter stupidity.

Arbitrary rule frightens people. Power tempered with justice is well loved." He shrugged. "It is a gamble, but I would much sooner trust the Four together, and in public, than any one of them alone, in private." Oh

Take out all but one bullet and it was Russian Roulette. In Mexican Roulette, as he'd heard it defined, you took out only one. In Drunk Mexican Roulette you didn't take out any.