From ancient proverbs to witticisms from philosophers, and words of wisdom from professional punters themselves – VOdds sports trading platform collected some of the most significant quotes related to betting.
Some of these quotes might make you wonder, but some might give an insight regarding your betting strategies.
“The excitement a gambler feels when making a bet is equal to the amount he might win times the probability of winning it.” – Blaise Pascal
An inventor, physicist, writer, and mathematician, Blaise Pascal was sought out by fellow mathematical theorist Pierre de Fermat to make out a betting dilemma. With their tandem came the creation of the Probability Theory.
“Gambling is not a bad thing if you do it within the framework of what it’s meant to be, which is fun and interesting.” – Michael Jordan
This basketball legend has reportedly lost millions of money in gambling over the years. However, it seems like this advice actually came from experience. This quote possibly cautions everyone to bet carefully, and keep it fun and entertaining rather than career or life-destroying.
“If you must play, decide upon three things at the start: the rules of the game, the stakes, and the quitting time.” – Chinese proverb
The Chinese have plenty of betting experience. The earliest evidence of this dates back to 2300 BC in Ancient China with ‘a game of chance’ using tiles. This Chinese proverb is also one of the very first betting strategies that have ever been recorded. If you read the article regarding the common mistakes sports bettors make, you’ll be able to find the same particular advice.
“A gambler never makes the same mistake twice. It’s usually three or more times.” – Terrence Murphy
A poker player and a writer, Terrence “VP Pappy” Murphy has plenty of insights in regards to the betting industry and those who are involved in it. This advice is particularly observant.
Most of us know someone, or have been that someone, who just can’t stop at one defeat, or constantly make the same mistakes. If this quote applies to you, it might just be the time to reevaluate the way you bet.
“Hoping to recoup is what ruins the gambler.” – Irish proverb
This particular quote just means one thing: never chase your losses. Follow this wisdom and you might just obtain ‘the luck of the Irish.’ It’s quite ironic really, since the Irish are reportedly the world’s third biggest losers in the world of gambling.
“Eat your betting money but don’t bet your eating money.” – Unknown
This wordplay actually has an importance even today. The idea is actually really simple. It’s find to spend the money you win from betting, however, you shouldn’t be gambling with the money you need to live with. In short, don’t bet on the money you can’t afford to lose.