One of the reasons why people avoid gambling is because of all the people who talk bad about it. Those people have never gambled, and they talk about the negative effects of developing a gambling addiction, instead of the benefits of gambling responsibly.
If you don’t have an addiction and have healthy habits, gambling can bring many benefits to your life. You can learn to learn from your mistakes, get a confidence boost, and develop self-control by gambling.
People only need to analyze what the best gamblers in the world have done and their lives to see how inspiring their lives can be. Gambling encourages you to take risks, which is one of the most challenging things you can do in your life.
Gamblers need to take risks if they want to win, and they have to take good decisions if they don’t want all those risks to become mistakes. Dive into this page to learn how the world’s greatest gamblers can inspire you to take risks.
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Archie Karas
The first gambler we will study on this list is Archie Karas, which is known as the greatest gambler of all time. He turned $50 into $40 million in a three-year winning streak, so he is one of the best inspirations to amateur gamblers.
However, how can he inspire you to take risks? Well, he was popular for playing high-stakes poker and pool. Doing that is dangerous, as it could make you lose a lot of money if you make a bad choice or get distracted while playing. That’s the reason most people don’t play high-stakes poker.
He didn’t want to be like most people, so he not only did it but also learned how to do it without losing money. He can inspire you to take risks by showing you the benefits of doing it correctly. Karas would have never won that much money if he hadn’t taken risks.
We are not saying that you should spend all your money on high-stakes poker by making reckless plays. On the other hand, we encourage you to study the games you want to play as much as you want and take risks based on the information you have.
Edward Thorp
Edward Thorp is not as popular as Archie Karas, but he showed people how using your personal skills and knowledge to your benefit can help you get better results at gambling. Throp is a mathematician, and he became popular because he used card counting techniques to win at blackjack.
That’s something no one would do due to how challenging it can be to master that, but he even wrote a book on how you can do it. He teaches people that they can take all the risks they can as long as they use their personal skills to turn the probabilities in their favor.
He also developed a computer program to help him win roulette. Scientists had also done things to beat roulette, but attempting roulette prediction takes a lot of time. In a nutshell, you should take risks as long as you take enough time to master your technique.
Kerry Packer
While spending enough time studying the games you want to play and taking high risks is essential to gambling and will help you improve your gambling skills, sometimes it only takes true passion to become better at something. Kerry Packer can tell you more about that.
He was a high-stakes gambler too, but what made him popular was his love for baccarat and blackjack, which made him specialize in those games. The love he had for those games made him study them as much as he could and obsess over them. Naturally, he didn’t have trouble taking risks as no one knew the game as he did.
You have to love what you do, or at least enjoy it as much as you can. Once you do that, learning more about it will become easier and more enjoyable. Taking risks becomes easier if you have passion for what you do because, even if you fail, you will know how to learn from that experience.
Richard Marcus
If you analyze all the people on this list, you will see Richard Marcus is the oddest person on it. Why’s that? Because he became better at gambling by cheating.
We are not encouraging you to cheat on gambling to take risks, but you have many things to learn from this person. The reason for that is the way he cheated and the game he cheated on. He was a professional blackjack player, but he also played other games.
What did he do? He used sleight-of-hand techniques to move the cards in his favor and show people what he needed them to see for him to win. Naturally, that gave him the confidence to take more risks.
While you shouldn’t cheat on casinos, using your hands to win a game is a creative way to improve at something. Try to approach things with that creativity and think outside of the box to learn new ways to improve your skills and opportunities you may have not thought of in the past.
Anyone can take risks, but not everyone can do it by thinking creatively and learning more ways to beat a game. Never cheat, though.
Zeljko Ranogajec
The last person we will study on this page is Zeljko Ranogajec, and he made millions of dollars by betting on horse racing and other sports. If you are looking forward to betting on sports, you will learn a lot from him.
How did he earn that much money? He used computer algorithms to study betting patterns and make profitable wagers. We know it’s difficult to do those things if you are starting to bet or go to casinos, but reading about it shows you how profitable it can be to invest your time into something and take safe risks.
Try to find a skill or system to turn the odds in your favor and use that to take safer risks. You could even use the techniques these people used.
Final Thoughts
It can be discouraging to learn the amount of effort all these people did to become better at gambling and betting, but you will always need to invest time into something if you want to become better at it. All of them had to take risks, in one way or another, to win.
You can do that in every other area of your life. Think outside of the box and overcome the fear of failing. It will bring many benefits in the long run.