Gambling Facts and Fictions: The Anti-Gambling Handbook to get yourself to stop gambling, quit gambling or never start gambling |
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| Title: | Gambling Facts and Fictions: The Anti-Gambling Handbook to get yourself to stop gambling, quit gambling or never start gambling |
| Author: | Stephen Katz |
| Publisher: | AuthorHouse |
| Type: | Book / Paperback |
| Publication Date: | 22 July, 2004 |
| ISBN / ISBN-13: | 1418472409 / 9781418472405 |
| List Price: | $22.95 |
| You Save: | $2.30 |
| Amazon Price: | $20.65 |
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This book is also available, brand-new, from 3rd-party marketplace sellers at Amazon.com, from $20.28.
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Editorial Review / Publisher's Information:
Product Description
A complete guide to understanding the real world of gambling and its consequences. Can be of enormous help and benefit for all kinds of gamblers or potential gamblers. Provides knowledge and guidance to teach teenagers and adults how to end or never begin a gambling experience. (Please visit our website at gamblingfactsandfictions.com for more details about the book)
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Customer Reviews:
• Confirms My Actual Gambling Experiences And Conclusions.
11 July, 2010
Although I would have preferred a more mathematical approach to analyzing why you can't win at gambling, Stephen Katz prefers to use a verbal-only approach to hammer in anti-gambling mantras into the readers' heads, and I would say it helps reinforce positive messages. I was one of those reasonably "intelligent gamblers" that used to go to casinos to try to win money. I was surprised to read that Katz had the same idea that I had: that the only sensible thing to play in a casino is to make max bets to win a progressive jackpot for millions, then to quit forever and retire. However, he reminds us all that the odds of winning such a jackpot are so low that it is not worth your time trying for something that may only happen once in many thousands of lifetimes. Katz debunks urban legends such as Blackjack card-counting and things such as making a living off of Texas Hold'em poker. Unfortunately the masses (educated or not) have been brainwashed by advertising of poker on TV such as the WSOP so they believe that many people can realistically make a living off of poker, but the house and dealers will take all of the money from all of the players through rakes and tips over time. It is true that rare players can consistently fleece weaker players, but at the highest levels of poker competition you can be sure that all of the players are more or less maxed-out on skill (in this very low-skill game with high variance), which means if they play long enough, the house will take everything eventually anyway. There will be no weak players at any betting level where you can make a living. The world is just full of people who cannot come to grips with simple mathematical realities: 1) one cannot win at a game with <50% player odds and a betting cap, and 2) any game where bettors pass money around to each other via a pot while the house takes a cut every pot also cannot be won.
- Amazon Customer Review
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