Tag: sports
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Top 10 Tips for Successful Thoroughbred Betting
In my previous tale of wisdom—or whatever you want to call it—I promised to spill the beans on how to hit it big in Thoroughbred horse race betting. The first juicy tidbit I shared was the art of not betting on every single race like a hyper squirrel on caffeine, but rather being as picky…
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The Rollercoaster of Life: Risk, Reward, and Lessons for the Young …. Part Three
I just can’t wrap my head around why folks dodge taking risks even when the odds are practically winking at them. Picture this: If they think a team has a 60% chance to win, they’re also aware of that pesky 40% chance of losing. Yet, it’s like the idea of losing throws them into a…
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The Rollercoaster of Life: Risk, Reward, and Lessons for the Young …. Part Two “Probability and Risk”
In part one, I concluded by proposing that a key to success lies in mastering the harsh game of probability and taking risks. Essentially, this means gambling. This idea is fundamental and worth deep reflection. For instance, Webster’s dictionary defines risk-taking as: Engaging in an action that involves danger or risk to accomplish a goal.…
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From Thrill to Despair: The Changing Face of Horse Racing
Last night at dinner, friends were asking about horse racing, so on this bright and bustling Preakness Day in 2025, I found myself deep in thought, reflecting on the current state of horse racing in America. Once upon a time, I viewed racing through a lens of romanticism, never daring to imagine myself doing anything…
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Ben Johnson: The NFL’s Rising Coaching Star
The topic at hand is the NFL coaching carousel, and in particular, the new Bear’s head coach Ben Johnson. As always, I take the opinions of football pundits with a grain of salt. They are often proven wrong by their own predictions, which can be dizzying to keep up with. But why are they so…
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Insights on Championship Bets: NFL Trends and Predictions
The dust has settled, and if you followed my advice on championship bets, you’re probably swimming in cash right now. The Eagles’ dominant display on the field was no surprise to those who have been following this blog, but for the hapless Commanders, it was a rude awakening. They were ill-prepared for the relentless attacks…
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The Hidden Costs of Sports Betting: Unraveling the Vig
In previous blog articles, I have emphasized that everyone, in one way or another, is a gambler. Whether they realize it or not, life is full of risks and chances. It is crucial for individuals to grasp the rules of the game they are playing, as recent messages from readers have reminded me. One significant…
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Understanding the 20% Track Take in Horse Racing
Horse racing is a game of numbers, where every dollar bet at the racetrack only returns about 80 cents to winning bettors. This $20 difference, known as the track take, has contributed to the decline in consumer interest over the years. In comparison to other forms of gambling, a 20% take is considered too high.…
Old Man Pondering 