Casino Gambling Quotes

It's hard to walk away from a winning streak, even harder to leave the table when you're on a losing one.

The Circus-Circus is what the whole hep world would be doing Saturday night if the Nazis had won the war. This is the sixth Reich. The ground floor is full of gambling tables, like all the other casinos... but the place is about four stories high, in the style of a circus tent, and all manner of strange County-Fair/Polish Carnival madness is going on up in this space.

Above all, he liked it that everything was one's own fault. There was only oneself to praise or blame. Luck was a servant and not a master. Luck had to be accepted with a shrug or taken advantage of up to the hilt. But it had to be understood and recognized for what it was and not confused with a faulty appreciation of the odds, for, at gambling, the deadly sin is to mistake bad play for bad luck. And luck in all its moods had to be loved and not feared

The concept of disease is fast replacing the concept of responsibility. With increasing zeal Americans use and interpret the assertion "I am sick" as equivalent to the assertion "I am not responsible": Smokers say they are not responsible for smoking, drinkers that they are not responsible for drinking, gamblers that they are not responsible for gambling, and mothers who murder their infants that they are not responsible for killing. To prove their point — and to capitalize on their self-destructive and destructive behavior — smokers, drinkers, gamblers, and insanity acquitees are suing tobacco companies, liquor companies, gambling casinos, and physicians.

Quit while you’re ahead. All the best gamblers do.

The secret is this: people gamble to lose money. They come to the casinos for the moment in which they feel alive, to ride the spinning wheel and turn with the cards and lose themselves, with the coins, in the slots. They want to know they matter. They may brag about the nights they won, the money they took from the casino, but they treasure, secretly treasure, the times they lost. It’s a sacrifice, of sorts.

Bond didn't defend the practice. He simply maintained that the more effort and ingenuity you put into gambling, the more you took out.

Trust can be one of life’s greatest rewards, but it can also be the cause for the most destruction in one’s life.

Think, bud. Fierce immortal who likes to gamble in Sin’s casino, wear tacky shirts, and watch anime.” – Zarek “Old Bear?” – Sundown “Give that boy a biscuit. He finally got it.” – Zarek

Money can buy you anything. It can buy you casinos and developments and the gambling debts of weaker men. It can buy you lawyers and police. And, if you're the sort of man who can buy another man's son, money can buy you your very own type of justice.

Prediction in a complex world is a chancy business. Every decision that a survival machine takes is a gamble, and it is the business of genes to program brains in advance so that on average they take decisions that pay off. The currency used in the casino of evolution is survival, strictly gene survival, but for many purposes individual survival is a reasonable approximation.

The gambler who adheres to the rules of the Casino in their gambling endeavors will always succumb to defeat at the hands of the Casino.

You’ve looked in the mirror long enough. See everything as if it were narrated by another.

Gossip is an unavoidable evil at school, work, or wherever, but when the HR department gossips, it elevates into malice.

Performing magic in the live show thrills me. Just get me a deck of cards and some attentive audience, and I have made my day and theirs too

The forest, like a casino, always wins. That's why you should never gamble, or enter the forest. And above all, never underestimate Schmidty.

Conventional wisdom nor scientific, mathematical prove of randomness in life could do nothing to deter human's curiosity for the unknown, however small the chance of a positive outcome maybe.

Arriving on Bainbridge Island is the opposite of arriving in Seattle. When you got in your car and waited to unload off the ferry in Seattle, you saw the Space Needle, cars, and a mound of urban construction. Once you exit the ferry terminal on Bainbridge, however, it’s mostly trees. Pine as far as the eye can see. Well, pines, firework and coffee stands, and eventually a casino. You drive through the Port Madison Indian Reservation when you leave the island. I couldn’t help but smile as I went past the casino. I didn’t really get gambling, since I’d never had money to throw away, but as I passed through all the beautiful countryside that I’m sure once belonged to the tribe, I sort of hoped they would rob the white man blind. Perhaps not politically correct, but the feeling was there all the same.

THE SCENT and smoke and sweat of a casino are nauseating at three in the morning. Then the soul-erosion produced by high gambling – a compost of greed and fear and nervous tension – becomes unbearable and the senses awake and revolt from it.

Outside, the illuminated billboards of New Jersey zipped by: ads for auto dealerships where you could buy an impractical race car; injury lawyers you could employ to blame the other drivers once you crashed that race car; casinos where you could gamble away the money you won from the injury lawsuits. The great circle of life.

Every player eventually loses all their money.

... there is no magical formula to beat the casino. None. Save your money. Save yourself from the cons of an author and the cons of the casino.

It felt wrong for me to push Lady Luck to the side and for me to choose who ought to be 'lucky'. It didn't seem right. It wasn't fair.

Ever notice there are no clocks in stores? It's like casinos; they don't want you to know how much time you've spent dropping your quarters.

By gaming we lose both our time and treasure: two things most precious to the life of man.

Nature doesn’t have puts on one side and calls on the other side of the same things, nor does it waste energy betting against the same life it works to cultivate. Nature doesn’t insure high risk gambles by trying to be both the casino and the player. Instead, nature insures capital and profits through a variety of complimentary approaches. At Mayflower-Plymouth we aim to emulate nature in this way with how we approach investing and asset management.

In whatever decisions you make in life, you have to run them through a series of logic tests to make sure that there aren’t better alternatives. Don’t ever accept anything blindly— good or bad.

people gamble to lose money. They come to the casinos for the moment in which they feel alive, to ride the spinning wheel and turn with the cards and lose themselves, with the coins, in the slots. They want to know they matter.

Above all, he liked it that everything was one’s own fault. There was only oneself to praise or blame. Luck was a servant and not a master. Luck had to be accepted with a shrug or taken advantage of up to the hilt. But it had to be understood and recognized for what it was and not confused with a faulty appreciation of the odds, for, at gambling, the deadly sin is to mistake bad play for bad luck.

Since the beginning of time there have been people who see themselves as being above the law. To them the laws don’t apply. These people often hold positions in government and in the corporate world. Does a similar mentality exist within the casino world? You betcha!

Psychedelics are almost irrelevant in a town where you can wander into a casino any time of the day or night and witness the crucifixion of a gorilla - on a flaming neon cross that suddenly turns into a pinwheel, spinning the beast around in wild circles above the crowded gambling action.

Above all, he liked it that everything was one's own fault. There was only oneself to praise or blame. Luck was a servant and not a master. Luck had to be accepted with a shrug or taken advantage of up to the hilt. But it had to be understood and recognized for what it was and not confused with a faulty appreciation of the odds, for, at gambling, the deadly sin is to mistake bad play for bad luck. And luck in all its moods had to be loved and not feared. Bond saw luck as a woman, to be softly wooed or brutally ravaged, never pandered to or pursued. But he was honest enough to admit that he had never yet been made to suffer by cards or by women. One day, and he accepted the fact, he would be brought to his knees by love or by luck. When that happened he knew that he too would be branded with the deadly question-mark he recognized so often in others, the promise to pay before you have lost: the acceptance of fallibility.

All the magicians have 52 mutual friends.

For a professional magician, a stack of playing cards is as good as a stack of money.

Sitting there, it is impossible to change your luck. But, you can always change the machine you are at!

A magician may step out without a purse, but he should never step out without a pack of playing cards.

I wonder what inspires gamblers. Is it the adventure or the love of laziness?

He’d been unique, a member of a vanishing race, a vanishing tribe, an individual in an ancient society. Now he was one of thousands with mixed blood, not unique anymore, not even Lakota. He was part Moroccan, part Berber if he believed the senator. The illegitimate son of a senator, how was that for a shocker? And if it hadn’t been for a renegade gambling syndicate trying to get a casino on Sioux land that they could siphon off profits from, he’d have gone the rest of his life without ever knowing the truth. His mother had kept her secret for thirty-six years. His whole life.

There is a secret that the casinos possess, a secret they hold and guard and prize, the holiest of their mysteries. For most people do not gamble to win money, after all, although that is what is advertised, sold, claimed, and dreamed. But that is merely the easy lie that gets them through the enormous, ever-open, welcoming doors. The secret is this: people gamble to lose money. They come to the casinos for the moment in which they feel alive, to ride the spinning wheel and turn with the cards and lose themselves, with the coins, in the slots. They may brag about the nights they won, the money they took from the casino, but they treasure, secretly treasure, the times they lost. It's a sacrifice, of sorts.

The scent and smoke and sweat of a casino are nauseating at three in the morning. Then the soul-erosion produced by high gambling --a compost of greed and fear and nervous tension-- becomes unbearable and the senses awake and revolt from it.

The scent and smoke and sweat of a casino are nauseating at three in the morning. Then the soul-erosion produced by high gambling – a compost of greed and fear and nervous tension – becomes unbearable and the senses awake and revolt from it.

Mom once snuck me into a casino. We were going on vacation to Crater Lake and we stopped at a resort on an Indian reservation for the buffet lunch. Mom decided to do a bit of gambling, and I went with her while Dad stayed with Teddy, who was napping in his stroller. Mom sat down at the dollar blackjack tables. The dealer looked at me, then at Mom, who returned his mildly suspicious glance with a look sharp enough to cut diamonds followed by a smile more brilliant that any gem. The dealer sheepishly smiled back and didn’t say a word. I watched Mom play, mesmerized. It seemed like we were in there for fifteen minutes but then Dad and Teddy came in search of us, both of them grumpy. It turned out we’d been there for over an hour. The ICU is like that.

I live by the belief that if you work hard and do the best you can, at the end of the day sleep comes easily for the dollar that was earned honestly. It was a lesson instilled by my parents. It was a lesson that I have always followed and found to be quite accurate.

At least in a casino, depending on the game, people have a slightly less than fifty percent chance of winning. In the long run, the house always wins, but a gambler can get lucky every once in a while. In the Tyranny’s elections, both options play for the house. If someone outside of Party A or B tries to run for office, it becomes the house’s mission to make sure everyone knows that only A and B are viable candidates. After being told this a hundred times, people believe it. After being told anything a hundred times, people will believe anything.

I’ll also correct the record about Tony’s personality, his gambling, his womanizing, how violent and tough he really was, and some inside information behind the adoption of his son, Vincent. When you finish reading this you’ll know the real Tony Spilotro and why the Outfit lost Las Vegas.

The Teamsters pension fund organized by Hoffa almost immediately became a source of loans to the national crime syndicate known to the public as La Cosa Nostra. With its own private bank, this crime monopoly grew and flourished. Teamsters-funded ventures, especially the construction of casinos in Havana and Las Vegas, where dreams come true for the godfather entrepreneurs. The sky was the limit and more was anticipated. At the time of Jimmy Hoffa’s disappearance in 1975 Atlantic City was about to open up to legalized gambling. Jimmy’s cut was to get a finder’s fee off the books.

The desert frightens me, I think. It looks too much like the seventh circle of hell. I'm afraid of damnation." "Why?" "Why?" Evelyn repeated, peering at Ann from behind her hand. She lay back again and closed her eyes. "I don't know. I've always supposed everyone is." "Well, they're not. I, for instance, am a hell of a lot more frightened of being saved." Evelyn chuckled. "I'm serious," Ann protested. "Virtue smells to me of rotting vegetation. Here you burn or freeze. Either way it's clean." "Sterile," Evelyn said and felt the word a laceration of her own flesh. "I wonder. It's fertility that's a dirty word for me." "Is it?" "Yes, I'm terrified of giving in, of justifying my own existence by means of simple reproduction. So many people do or try to. And there are the children, so unfulfilling after all. And they grow up to do nothing but reproduce children who will reproduce, everyone so busy reproducing that there's no time to produce anything. But it's such a temptation. It seems so natural — another dirty word for me. What's the point?" "You'd have the human race die out?" "No. We'll multiply in spite of ourselves always. We'll populate the desert. One day there will be little houses and docks all along this shore, signs of our salvation." "What would you have us do instead?" Evelyn asked. "Accept damnation," Ann said. "It has its power and its charm. And it's real." "So we should all get jobs in gambling casinos." "We all do," Ann said, her voice amused. "What do you think the University of California is? It's just a minor branch of the Establishment. The only difference is that it has to be subsidized." "Are you talking nonsense on purpose?" "No, I'm serious." "You think nothing has any value?" "No, I think everything has value, absolute value, a child, a house, a day's work, the sky. But nothing will save us. We were never meant to be saved." "What were we meant for then?" "To love the whole damned world," Ann said… "I live in the desert of the heart," Evelyn said quietly, "I can't love the whole damned world." 'Love me, Evelyn.' 'I do.

That’s what money wanted. It wanted to be spent. And it really wanted to be spent on luxury items. Its greatest thrill was just to be gambled away. It wanted to change hands. It wanted to find itself at the racetrack, it wanted to be thrown into the center of the table at a casino. Money is a masochist.

there is a difference between gambling in business and gambling in a casino. In a casino, the odds are stacked against you. With skill, you can improve them, but never beat them. In contrast, in business, you can improve your skills to shift the odds in your favor. Simply stated, with enough skill, you can become the house.

This person sees not her own hand depositing the next dollar in a slot machine, but the hand of fate, or God. It’s her true conviction that there are forces at work for her to win a large jackpot— or at least to win back the money lost. After all, the only-for-show pictures of fruit had almost aligned with one another the last couple spins.

Move aside Ebola, smallpox, and AIDS; make room for narcolepsy. I would become shunned and avoided. Perhaps the people at the casino thought that this fatigue disease was contagious. Just because I yawn and you yawn shortly after doesn’t mean that you have suddenly been infected with narcolepsy. It would be silly if they had in fact thought this.

My casino experience is to someone else their experience with their employer, of how the company has elected to behave solely for greed, profits, and spite. But we shouldn’t give up hope in such situations. We have an obligation to separate the justices from the injustices. We should hold these corporate neighbors accountable for the wrongs that they commit. Someone has to.

The money that has recently been won is called “house money” because in gambling parlance the casino is referred to as the house. Betting some of the money that you have just won is referred to as “gambling with the house’s money,” as if it were, somehow, different from some other kind of money. Experimental evidence reveals that people are more willing to gamble with money that they consider house money.

When you gamble- you win some and you lose some, but you know that the reality is, the odds are in favor of the house. You don't sense it happening. But you know its true because the casinos remain. They continue to exist. The same can be said of love, because the odds are that eventually, love will attract love. You might not sense it happening. But you know its true because we remain. We continue to exist.

The secret is this: people gamble to lose money. They come to the casinos for the moment in which they feel alive, to ride the spinning wheel and turn with the cards and lose themselves, with the coins, in the slots. They want to know they matter. They may brag about the nights they won, the money they took from the casino, but they treasure, secretly treasure, the times they lost. It’s a sacrifice, of sorts. The

The formula was the same formula we see in every election: Republicans demonize government, sixties-style activism, and foreigners. Democrats demonize corporations, greed, and the right-wing rabble. Both candidates were selling the public a storyline that had nothing to do with the truth. Gas prices were going up for reasons completely unconnected to the causes these candidates were talking about. What really happened was that Wall Street had opened a new table in its casino. The new gaming table was called commodity index investing. And when it became the hottest new game in town, America suddenly got a very painful lesson in the glorious possibilities of taxation without representation. Wall Street turned gas prices into a gaming table, and when they hit a hot streak we ended up making exorbitant involuntary payments for a commodity that one simply cannot live without. Wall Street gambled, you paid the big number, and what they ended up doing with some of that money you lost is the most amazing thing of all. They got America—you, me, Priscilla Carillo, Robert Lukens—to pawn itself to pay for the gas they forced us to buy in the first place. Pawn its bridges, highways, and airports. Literally sell our sovereign territory. It was a scam of almost breathtaking beauty, if you’re inclined to appreciate that sort of thing.

Above all, he liked it that everything was one’s own fault. There was only oneself to praise or blame. Luck was a servant and not a master. Luck had to be accepted with a shrug or taken advantage of up to the hilt. But it had to be understood and recognized for what it was and not confused with a faulty appreciation of the odds, for, at gambling, the deadly sin is to mistake bad play for bad luck. And luck in all its moods had to be loved and not feared. Bond saw luck as a woman, to be softly wooed or brutally ravaged, never pandered to or pursued. But he was honest enough to admit that he had never yet been made to suffer by cards or by women. One day, and he accepted the fact, he would be brought to his knees by love or by luck. When that happened he knew that he too would be branded with the deadly question-mark he recognized so often in others, the promise to pay before you have lost: the acceptance of fallibility.

You may well ask: when the bubble finally burst, why did we not let the bankers crash and burn? Why weren't they held accountable for their absurd debts? For two reasons. First because the payment system - the simple means of transferring money from one account to another and on which every transaction relies - is monopolised by the very same bankers who were making the bets. Imagine having gifted your arteries and veins to a gambler. The moment he loses big at the casino, he can blackmail you for anything you have simply by threatening to cut off your circulation. Second, because the financiers' gambles contained deep inside the title deeds to the houses of the majority. A full-scale financial market collapse could therefore lead to mass homelessness and a complete breakdown in the social contract. Don't be surprised that the high and mighty financiers of Wall Street would bother financialising the modest homes of poor people. Having borrowed as much as they could off banks and rich clients in order to place their crazy bets, they craved more since the more they bet, the more they made. So they created more debt from scratch to use as raw materials for more bets. How? By lending to impecunious blue collar worker who dreamed of the security of one day owning their own home. What if these little people could not actually afford their mortgage in the medium term? In contrast to bankers of old, the Jills and the Jacks who actually leant them the money did not care if the repayments were made because they never intended to collect. Instead, having granted the mortgage, they put it into their computerised grinder, chopped it up literally into tiny pieces of debt and repackaged them into one of their labyrinthine derivatives which they would then sell at a profit. By the time the poor homeowner had defaulted and their home was repossessed, the financier who granted the loan in the first place had long since moved on.

She did not press me to do so, she had often said that as she got older she took what she could of life but expected little. Then I was gone. Every time I was tempted to go to her I went to the Casino instead and watched some fool humiliating himself at the tables. I could gamble on another night, reduce myself a little more, but after the tenth night would come the eleventh and the twelfth and so on into the silent space that is the pain of never having enough. The silent space full of starving children. She loved her husband.

JFK asked his brother, Attorney General Robert Kennedy, to break up organized crime. Nobody high-up in government has tangled the Mafia. J. E. Hoover, the hired hands of FBI and CIA, ran the assassination teams. They have been used since World War II. JFK was attempting to end the oil-tax depletion rip-offs, to get tax money from oil companies. JFK instituted the nuclear test ban treaty, often called “the kiss of death,” to oppose the Pentagon. JFK called off the Invasion of Cuba. He allowed Castro to live, antagonized narcotics and gambling, oil and sugar interests, formerly in Cuba. JFK asked his brother, Attorney General Robert Kennedy, to break up the CIA, the “hidden government behind my back.” Allen Dulles was fired. Dulles, the attorney for international multinationals, was angry. JFK planned to withdraw troops from Vietnam after the 1964 elections. Nov. 24, 1963, two days after JFK’s burial, the Pentagon escalated the Vietnam war … with no known provocations, after JFK was gone. There was no chance Kennedy could survive antagonizing the CIA, oil companies, Pentagon, organized crime. He was not their man. The assassination of JFK employed people from the Texas-Southwest. It was not a Southern plot. Upstarts could not have controlled the northern CIA, FBI, Kennedy family connections. This was a more detailed, sophisticated conspiracy that was to set the pattern for future murders to take place. The murder was funded by Permindex, with headquarters in Montreal and Switzerland. Their stated purpose was to encourage trade between nations in the Western world. Their actual purpose was fourfold: 1) To fund and direct assassinations of European, Mid-East and world leaders considered threats to the western world, and to Petroleum Interests of their backers. 2) Provide couriers, agents for transporting and depositing funds through Swiss Banks for Vegas, Miami and the international gambling syndicate. 3) Coordinate the espionage activities of White Russian Solidarists and Division V of the FBI, headed by William Sullivan. 4) Build, acquire and operate hotels and gambling casinos. See: Nomenclature of an Assassination Cabal, by William Torbitt.

After my shower, I found him shuffling cards he bought at the convenience store we stopped at before the hotel. Grinning, I sat across from him. “You told me that you’re good at cards,” Judd said, recalling my reaction to passing a casino on the drive. “I said I liked cards. I never claimed to be good.” “The only people who like cards are gambling addicts and those who are good at it. You’re not an addict.” “Do you like cards?” I asked while he dealt. “Sure.” “Do you like me?” I asked softly, looking over my cards. Judd never looked up from his hand. “I’m playing cards, ain’t I?

Once an opportunist like Mickey, who took the argument when she jumped on some devastated wretch's machine and jackpotted that it was the "cash-ino's money" she was winning, Moon returned after her six month break with the view that the separation had somehow sweetened the honeypot. The sad reality, she quickly learned, was that she was not irreplaceable; as such, the Casino felt no compunction to welcome her back with multi-jackpots. Instead, it took her money everyday and did not once give her a jackpot so that she could say, "Ah. They missed me." Instead, all she could keep saying was, "Verr-y bed. Verr-y bed. Suck-ah all my money!

It was clearly the Native American curse on the white man in action. After taking their land and converting everything that was holy and good into money, the white man became aged and foolish and then gambled all that money away at Native American casinos. The power of this magic was indisputable and in evidence all around me. Senior citizens chain smoked and dumped money into the machines, staring with eyes that only reacted to the prospect of making a buck from risk and self-destruction. Especially if this were enhanced by the notion of a fate that had their interests in mind in a way loosely connected to their Christian God who usually took their side in racial relations, if history were to be a judge.

Tech helped to create this economy, and tech is what keeps it stable by giving us the greatest bread and circuses of all time. Casino owners discovered in the late 1980s that people who gambled on screens became addicted three to four times faster than those who gambled at tables. The rest of America had learned that lesson by 1992, when a third of homes had Nintendo systems. Men without jobs have video games the way men without girlfriends have pornography, and growing numbers of men are finding the substitute good enough to be going on with, declining to pursue either permanent employment or marriage. The historian David Courtwright calls this “limbic capitalism,” the redirection of America’s productive energies into inducing and servicing addictions.

A gambler must think of three main quantities, stake, odds, and prize. If the prize is very large, a gambler is prepared to risk a big stake. A gambler who risks his all on a single throw stands to gain a great deal. He also stands to lose a great deal, but on average high-stake gamblers are no better and no worse off than other players who play for low winnings with low stakes. An analogous comparison is that between speculative and safe investors on the stock market. In some ways the stock market is a better analogy than a casino, because casinos are deliberately rigged in the bank's favour (which means, strictly, the high-stakes players will on average end up poorer than low-stake players; and low-stake players poorer than those who don't gamble at all.

In the years immediately following our assumption of power many people were of the opinion that inflation was inevitable. The only ones who appreciated our policy were the workmen. For years I had been telling them : Your wages can only rise in proportion to the increase in your productivity. The less money a man has, the more common-sense he shows. The richest people are the least reasonable, and some are so stupid that they become misers! This tendency is generally corrected by the sons, who fling the money away with both hands. For this reason we must see to it that the gaming-tables are not done away with; casinos are marvellous institutions, and we must say to everyone with too much money : Gome on, you people, come and gamble! The whole of life is one perpetual hazard, and birth is the greatest hazard of them all. Every parent knows that his son is the most intelligent baby born, even after the first week : one tells that, of course, from the child's weight.

I’m also frequently asked if I’ve used my abilities for gambling or the lottery. Get your minds out of the gutter. What I do is for the highest good of all concerned, so I’d never do that intentionally! And let’s face it, even if I did try, I’m way too scattered to recognize what I’m being told. My aunt and I went to Belmont Park Race Track for her birthday one year, and I remember hearing “six ten” when I walked in--which is my birthday, June 10. How nice, I thought. Spirit’s acknowledging my birthday too. My uncle asked me what colors I liked best so he could bet on a horse wearing that color, and all the colors I said were losing. It wasn’t until after we left that I realized all the horses that won were a combination of the numbers six and ten! And then there was the time I went to a spa with my sister-in-law Corrinda. We went to Mohegan Sun one night, which was the first time I’d ever been to a casino, and decided to play roulette. Wouldn’t you know, every number we played on the wheel was a loser?

TRUMP EVENTUALLY REALIZED THAT he needed executives with a strong background in running casinos. He scouted the competition and picked Stephen Hyde, a devout Mormon with a large family. The Church of Latter-day Saints opposed gambling, but the casino industry employed many Mormons in key positions, in part because executives believed the faithful wouldn’t be tempted to bet. Hyde was soft-spoken, unflappable, and widely considered one of the nation’s savviest gaming executives, having most recently worked for Trump’s competitor Steve Wynn. Trump, who once wrote, “I can be a screamer,” would occasionally humiliate Hyde by cursing him out in front of other executives. Yet Trump recognized Hyde’s capabilities and entrusted him with a business potentially worth billions of dollars. Hyde was, Trump wrote, “a very sharp guy and highly competitive, but most of all, he had a sense of how to manage to the bottom line.” Trump throughout his career would rely on small circles of advisers, and Hyde became one of Trump’s most trusted associates at the time. That meant some other senior executives felt shut out, unable to convey their concerns to Trump without going through the tight inner circle. Hyde was at the top of that chain of command. Hyde

By his early-twenties, John F. Kennedy was living one of the most extraordinary young American lives of the twentieth century. He traveled in an orbit of unprecedented wealth, influence, global mobility, and power. As a student and as diplomatic assistant to his father, who served as U.S. ambassador to the United Kingdom from 1938 to 1940, Kennedy journeyed to England, Ireland, France, Moscow, Berlin, Beirut, Damascus, Athens, and Turkey, pausing briefly from a vacation on the French Riviera to sleep with the actress Marlene Dietrich. He met with top White House officials and traveled to Cuba, Rio de Janeiro, Buenos Aires, Santiago, Peru, and Ecuador. He gambled in a casino in Monte Carlo; visited Naples, Capri, Milan, Florence, Venice, and Rome; rode a camel at the Great Pyramid at Giza; attended the coronation of Pope Pius XII; and witnessed a rally for Italian dictator Benito Mussolini. He recalled of these momentous years, 'It was a great opportunity to see a period of history which was one of the most significant.' In a visit to British-occupied Palestine, Kennedy recalled, 'I saw the rock where our Lord ascended into heaven in a cloud, and [in] the same area, I saw the place where Mohammed was carried up to heaven on a white horse.

The day-to-day horror of writing gave me a notion of tournament time. Writing novels is tedious. When will this book be finished, when will it reveal its bright and shining true self? it takes freakin’ years. At the poker table, you’re only playing a fraction of the hands, waiting for your shot. If you keep your wits, can keep from flying apart while those around you are self-destructing, devouring each other, you’re halfway there. … Let them flame out while you develop a new relationship with time, and they drift away from the table. 86-7 Coach Helen’s mantra: It’s OK to be scared, but don’t play scared. 90 [During a young adult trip to Los Vegas] I was contemplating the nickel in my hand. Before we pushed open the glass doors, what the heck, I dropped it into a one-armed bandit and won two dollars. In a dank utility room deep in the subbasements of my personality, a little man wiped his hands on his overalls and pulled the switch: More. Remembering it now, I hear a sizzling sound, like meat being thrown into a hot skillet. I didn't do risk, generally. So I thought. But I see now I'd been testing the House Rules the last few years. I'd always been a goody-goody. Study hard, obey your parents, hut-hut-hut through the training exercises of Decent Society. Then in college, now that no one was around, I started to push the boundaries, a little more each semester. I was an empty seat in lecture halls, slept late in a depressive funk, handed in term papers later and later to see how much I could get away with before the House swatted me down. Push it some more. We go to casinos to tell the everyday world that we will not submit. There are rules and codes and institutions, yes, but for a few hours in this temple of pure chaos, of random cards and inscrutable dice, we are in control of our fates. My little gambles were a way of pretending that no one was the boss of me. … The nickels poured into the basin, sweet music. If it worked once, it will work again. We hit the street. 106-8 [Matt Matros, 3x bracelet winner; wrote The Making of a Poker Player]: “One way or another you’re going to have a read, and you’re going to do something that you didn’t expect you were going to do before, right or wrong. Obviously it’s better if you’re right, but even if you’re wrong, it can be really satisfying to just have a read, a feeling, and go with it. Your gut.” I could play it safe, or I could really play. 180 Early on, you wanted to stay cool and keep out of expensive confrontations, but you also needed to feed the stack. The stack is hungry. 187 The awful knowledge that you did what you set out to do, and you would never, ever top it. It was gone the instant you put your hands on it. It was gambling. 224

You can also see mental accounting in action at the casino. Watch a gambler who is lucky enough to win some money early in the evening. You might see him take the money he has won and put it into one pocket and put the money he brought with him to gamble that evening (yet another mental account) into a different pocket. Gamblers even have a term for this. The money that has recently been won is called “house money” because in gambling parlance the casino is referred to as the house. Betting some of the money that you have just won is referred to as “gambling with the house’s money,” as if it were, somehow, different from some other kind of money. Experimental evidence reveals that people are more willing to gamble with money that they consider house money.4

...because casinos are really good at taking people's money and making them feel worse than they did when they walked in, they offer live entertainment to medicate the malaise. Or lessen the blow.

A person who cannot hear what the Lord says, will not be able to obey Him. It is like gambling in a casino; you rely on chance and not truth

Around $300,000 of the total $600,000 that was raised by Augur's funding team comes from a man named Joe Costello. Costello is a successful tech entrepreneur, known to be one of Steve Jobs' top picks for the new CEO position of Apple itself. Following the smart money isn’t always a dumb idea. Gambling or casino are terms never used by Joey Krug, a young Pomona college dropout, but also Augur's lead developer. He and the small team of just five employees use the term “prediction market.” Due

With gambling or investing, if your gains are quick and easy, you will tend to keep the money in a separate mental account. So, if you subsequently lose it, you won't feel as upset as you'd think if you lost the money you brought to the casino. Yet, they are both pots of currency.

The irony is that Wall Street, the model of corrupted speculation and inside-trading, always by definition resisting state intervention and regulation, now opposes unfair competition and calls for state regulation . . . As for the accusation from Wall Street that Robinhood is a platform for gambling, suffice it to recall that Elizabeth Warren repeatedly accused hedge funds of using the stock market “like their personal casino.” In short, WSB is doing openly and legally what Wall Street does in secret and illegally.

companies have borrowed models from gambling design in order keep us on our devices (like the casino’s model to keep players in front of slot machines). Using rewards—providing a sense of mission, offering buzzes and beeps that cue our hormonal system, meeting the felt need for companionship, and more—they’ve mastered the science of keeping us glued to our screens.

Let the player lose all the time and you will lose control over him, he is no longer your player. Reward is very important in the game, even if it's a fake reward. Only a doomed casino wants to defeat its players all the time.

...Those who led us to indebtedness gambled as if in a casino. As long as they had gains, there was no debate. But now that they suffer losses, they demand repayment. And we talk about crisis. No, Mister President, they played, they lost, that’s the rule of the game, and life goes on. We cannot repay because we don’t have any means to do so. We cannot pay because we are not responsible for this debt. We cannot repay but the others owe us what the greatest wealth could never repay, that is blood debt. Our blood had flowed. We hear about the Marshall Plan that rebuilt Europe’s economy. But we never hear about the African plan which allowed Europe to face Hitlerian hordes when their economies and their stability were at stake. Who saved Europe? Africa. It is rarely mentioned, to such a point that we cannot be the accomplices of that thankless silence. If others cannot sing our praises, at least we must say that our fathers had been courageous and that our troops had saved Europe and set the world free from Nazism.

Life's a gamble and nobody knows the odds.

You don’t think white people have money?” Michael said, jabbing at Martinez with a chicken wing. “Some do, but they don’t throw it away in the casinos. Gambling is an Asian obsession

The best on horses you think will lose are a valuable "insurance policy." When rare disaster strikes, you'll be glad you had the insurance. 71 The exponential growth of wealth in the Kelly system is also a consequence of proportional betting. As the bankroll grows, make larger bets. 98 [2 questions are central to John Kelly's analysis] What level of risk will lead to the highest long-run return? What is the chance of losing everything? 286 As Fred Schwed, Jr. author of Where are the Customer's Yatchs? put it back in 1940, "Like all of life's rich emotional experiences, the full flavor of losing important money cannot be conveyed in literature." 304 Claude Shannon: A smart investor should understand where he has an edge and invest only in those opportunities. 308 The longer you hold a stock, the harder it is to beat the market by much. 316

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Thanks to time differentials and good telephone service, the world money market, unlike stock exchanges, race tracks, and gambling casinos, practically never closes. London opens an hour after the Continent (or did until February 1968, when Britain adopted Continental time), New York five (now six) hours after that, San Francisco three hours after that, and then Tokyo gets under way about the time San Francisco closes. Only a need for sleep or a lack of money need halt the operations of a really hopelessly addicted plunger anywhere.

If you cannot make a phone call or send an e-mail that will directly influence how a company is run, then investing in that company is like gambling at the casino.

The agency was started by the tribe’s economic development corporation, in an effort to diversify from its gambling casino called “WinnaVegas.” You read this right: Plains Indians publishing Arabic brochures for Nebraskans who are importing machinery from Koreans to be customized by a South Sioux City company for customers in Kuwait.

The town will never be the same. After the Tangiers, the big corporations took it all over. Today it looks like Disneyland. And while the kids play cardboard pirates, mommy and daddy dropped the house payments and Junior's college money on the poker slots. In the old days, dealers knew your name, what you drank, what you played - today it's like checking into an airport. And if you order room service, you're lucky if you get it by Thursday. Today it's all gone.

When you play slots in a casino, you pray and hope for luck with each pull – well, that’s not how investment works. Investing is not a type of gambling you can risk your luck into.

For most of his adult life Coleman Young has been a progressive and militant. Quick-witted, fearless, and feisty, he had distinguished himself as an organizer for the National Negro Labor Council and the National Negro Congress and had become a hero in the black community after he accused the House Un-American Activities Committee itself of being Un-American. Coleman was so bright and so sharp that had he not been black, the idea of him sitting in the Oval Office in the White House would not have seemed far-fetched. But his past had not prepared him for the kind of crisis that today’s cities are in. Having received most of his political education in left-wing circles, he took pride in reducing everything to economics and in minimizing human and social relations. He seemed to think that this added to the image, which he has consciously cultivated, of a hard-nosed, streetwise radical who is always realistic, can’t be pushed around, and doesn’t care what white middle-class people think of him. “Education, drugs, homelessness, unwed mothers, crime, you name it… every social issue is about jobs,” he has written in his autobiography. “Jobs built Detroit, and only jobs will rebuild it.”2 No longer able to count on the industrial corporations for jobs, Young had no hesitation about turning to casino operators. Any jobs would do, even if these jobs were created by a crime-producing industry like casino gambling. To defeat the newest proposal for casino gambling, Jimmy, Shea, and I joined a coalition of community groups, blue collar, white collar, and cultural workers, clergy, political leaders, and

Our concern,” Jimmy wrote in the DU brochure, is with how our city has been disintegrating socially, economically, politically, morally and ethically. We are convinced that we cannot depend upon one industry or any large corporation to provide us with jobs. It is now up to us—the citizens of Detroit—to put our hearts, our imaginations, our minds, and our hands together to create a vision and project concrete programs for developing the kinds of local enterprises that will provide meaningful jobs and income for all citizens. To engage Detroiters in the creation of this vision, DU embarked on a campaign for open government in the city, issuing a series of leaflets calling on citizens to examine the whole chain of developer-driven megaprojects with which Young had tried and failed to revive the city (including Poletown and the People Mover) and to assume responsibility for envisioning and implementing alternative roads of development based on restoring neighborhoods and communities. During the debate over casino gambling Young had challenged his opponents to come up with an alternative, accusing us of being naysayers without any solutions of our own. Jimmy welcomed the challenge. There was nothing he liked better than using crisis and breakdown as an opportunity for renewal and transformation. His forte was devising solutions that were visionary and at the same time so down-to-earth that people could almost taste them. For more than fifteen years he had been writing and talking about the crisis developing in our cities and the need to redefine work, especially for the sake of our young people. In October 1986, at a meeting in Oakland, California, which the Bay Area NOAR sponsored to present “a vision of 21st century neighborhoods and communities,” Jimmy had declared that it was now “idealistic” to expect the government or corporations to do the work that is needed to keep up our communities and to provide for our elementary safety and security. Multinational corporations and rapid technological development have turned our cities into graveyards. “Efficiency in production,” he argued, “can no longer be our guiding principle because it comes at the price of eliminating human creativity and skills and making millions of people expendable.” He continued: “The residue of the last 100 years of rapid technological development is alienation, hopelessness, self-hate and hate for one another, and the violence which has created a reign of terror in our inner cities.

Happy New Year, Cuban Style In Havana, Christmas of 1958 had not been celebrated with the usual festivity. The week between Christmas and New Year’s was filled with uncertainty and the usual joyous season was suspended by many. Visitations among family and friends were few; as people held their breath waiting to see what would happen. It was obvious that the rebel forces were moving ever closer to Havana and on December 31, 1958, when Santa Clara came under the control of “Che” Guevara and Camilo Cienfuegos, the people knew that Havana would be next. What they didn’t know was that their President was preparing to leave, taking with him a large part of the national treasury. Aside from the tourists celebrating at the casinos and some private parties held by the naïve elite, very few celebrated New Year’s Eve. A select few left Cuba with Batista, but the majority didn’t find out that they were without a President until the morning of the following day…. January 1, 1959, became a day of hasty departure for many of Batista’s supporters that had been left behind. Those with boats or airplanes left the island nation for Florida or the Dominican Republic, and the rest sought refuge in foreign embassies. The high=flying era of Batista and his chosen few came to a sudden end. Gone were the police that had made such an overwhelming presence while Batista was in power, and in their place were young people wearing black and red “26th of July” armbands. Not wanting a repeat of when Machado fled Cuba, they went around securing government buildings and the homes of the wealthy. Many of these same buildings had been looted and burned after the revolt of 1933. It was expected that Fidel Castro’s rise to power would be organized and orderly. Although the casinos were raided and gambling tables overturned and sometimes burned in the streets, there was no widespread looting with the exception of the hated parking meters that became symbolic of the corruption in Batista’s government. Castro called for a general “walk-out” and when the country ground to a halt, it gave them a movement time to establish a new government. The entire transition took about a week, while his tanks and army trucks rolled into Havana. The revolutionaries sought out Batista’s henchmen and government ministers and arrested them until their status could be established. A few of Batista’s loyalists attempted to shoot it out and were killed for their efforts. Others were tried and executed, but many were simply jailed, awaiting trial at a later time.

Examining 15 types of legal gambling, the researchers came to a striking conclusion: Casino gambling had by far the most harmful effects on people at the lower end of the income ladder.

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at gambling, the deadly sin is to mistake bad play for bad luck.

Just as sensible gamblers take, say, $100 down to the casino floor and leave the rest of their money locked in the safe in their hotel room, the intelligent investor designates a tiny portion of her total portfolio as a “mad money” account. For most of us, 10% of our overall wealth is the maximum permissible amount to put at speculative risk. Never mingle the money in your speculative account with what’s in your investment accounts; never allow your speculative thinking to spill over into your investing activities; and never put more than 10% of your assets into your mad money account, no matter what happens. For better or worse, the gambling instinct is part of human nature—so it’s futile for most people even to try suppressing it. But you must confine and restrain it. That’s the single best way to make sure you will never fool yourself into confusing speculation with investment.

Are there any people under the age of 40 who have ever thought markets were something besides a casino? Meme trades aren’t the cause of widespread distrust, they’re the symptoms of it. And those people under 40 who think finance is for gambling? They’re the lucrative part of Robinhood’s user base. Legal issues aside, it seems like Robinhood has a good business model for monetizing financial nihilism—which is the kind of thing investors might get excited about.

Human beings have always been infatuated with gambling because it puts us head-to-head against the fates, with no holds barred. We enter this daunting battle because we are convinced that we have a powerful ally: Lady Luck will interpose herself between us and the fates (or the odds) to bring victory to our side. Adam Smith, a masterful student of human nature, defined the motivation: “The overweening conceit which the greater part of men have of their own abilities [and] their absurd presumption in their own good fortune.”1 Although Smith was keenly aware that the human propensity to take risk propelled economic progress, he feared that society would suffer when that propensity ran amuck. So he was careful to balance moral sentiments against the benefits of a free market. A hundred and sixty years later, another great English economist, John Maynard Keynes, agreed: “When the capital development of a country becomes the by-product of the activities of a casino, the job is likely to be ill-done.

Above all, he liked it that everything was one’s own fault. There was only oneself to praise or blame. Luck was a servant and not a master. Luck had to be accepted with a shrug or taken advantage of up to the hilt. But it had to be understood and recognized for what it was and not confused with a faulty appreciation of the odds, for, at gambling, the deadly sin is to mistake bad play for bad luck. And luck in all its moods had to be loved and not feared.

Leadership literature promotes envy with false promises. Casinos and lotteries encourage gambling with two messages: first, you, too, can win buckets of money, and, second, this is only possible if you gamble. Most gamblers and lottery ticket consumers do not win but lose. The truth is: “You can be a loser too.”12 When leadership books dwell on five-star generals, corporation executives, metropolis mayors, and megachurch CEOs, the implicit promise is like gambling: you can only win if you enter the game, and you, too, might hit the big time. But the majority of people, no matter how talented, motivated, and connected, will never be generals, executives, mayors, or megachurch pastors.

I didn’t expect to win, since the odds were slightly against me, but as I expected to build a device to successfully predict roulette and had never gambled before, it was time to get casino experience. I knew virtually nothing about casinos, their history, or how they operated. I was like a person who had glanced at recipes but never been in a kitchen.