You may be wondering why did I, an investor, decided to discuss about gambling?
This is because I went to Genting recently for 2.5 days and I LOST about $450 in GAMBLING (Yup, I gamble as well, especially when you are in Genting and the theme parks are still in renovation). Although it may not be a lot in your eyes, but this lost was the most in my life when I gamble.
Generally I was a careful gambler. I do not bet a lot in 1 game, unless I was very certain my winning odds were high. Furthermore, in casino, I do not participate in bets being more than RM 50. I cannot withstand the thoughts of losing more BECAUSE I knew the odds were already against me. In my view, 50% of the your winning odds comes from information gathered. The other 50% comes from LUCK.