{"id":119825,"date":"2019-07-23T09:27:59","date_gmt":"2019-07-23T16:27:59","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/?p=119825"},"modified":"2019-07-23T09:27:59","modified_gmt":"2019-07-23T16:27:59","slug":"value-of-the-right-partner-to-a-successful-gambler","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/value-of-the-right-partner-to-a-successful-gambler\/","title":{"rendered":"The Value of the Right Partner to a Successful Gambler"},"content":{"rendered":"

There are a couple of possible meanings to the word \u2018partner,\u2019 and I want to be clear at the start how I am using the word. I\u2019m talking about a life partner. Male, female, same sex or not, married or not. It\u2019s somebody you are emotionally and financially connected with.\u00a0<\/span><\/p>\n

I\u2019m going to be using the term \u2018gambler\u2019 to represent the one who is the player and \u2018partner\u2019 to represent the one at home. Sometimes you\u2019re both gamblers of course, and we\u2019ll talk about that some other time.\u00a0<\/span><\/p>\n

Some people prefer the word \u2018player\u2019 to \u2018gambler,\u2019 because they see the first term as playing with an advantage and the second term as playing without. I\u2019m using the term \u2018successful gambler\u2019 as someone who gambles with an edge.<\/span><\/p>\n

If you want to be successful at gambling, your partner MUST be able to put up with financial and emotional swings. If the gambler loses $xxx and the partner goes on tilt and stays there, the gambler is possibly down to the choice of giving up on the dream of being a professional gambler and\/or giving up on that particular partner. If children are involved in the picture, that adds complications to the decision.<\/span><\/p>\n

It often is the case that the non-gambling partner doesn\u2019t really understand the math and variance of the games. This person is forced, generally, to \u201chave faith\u201d in the gambler. This isn\u2019t easy, and certainly many gamblers aren\u2019t deserving of that faith. Most gamblers are net losers. A whole lot more people would like to be successful gamblers than actually are successful gamblers, and it can be very expensive to find out for sure.<\/span><\/p>\n

I, for one, would probably not be a good candidate to be a partner for somebody else\u2019s dream, unless I understood it a LOT better than many partners do. As a partner I would be looking at such things as:<\/span><\/p>\n

    \n
  1. What have the results been like so far?<\/span><\/li>\n
  2. How serious is the gambler going about getting to be a better player and only playing in good situations?<\/span><\/li>\n
  3. Who is the gambler associating with? If the people around your gambler are generally successful and seem to believe in the future of your gambler, that says a lot. If your gambler surrounds himself with non-successful people, there\u2019s a good chance he\u2019s also going to be unsuccessful.<\/span><\/li>\n
  4. How bad are the emotional swings of the gambler when he is losing?\u00a0<\/span><\/li>\n
  5. How much of a financial cushion do you have between the two of you?<\/span><\/li>\n
  6. What kind of marketable skills does the gambler have outside of gambling?<\/span><\/li>\n
  7. As far as I can tell, is the gambler honest with me?\u00a0<\/span><\/li>\n
  8. Is this gambler, over-all, worth having faith in?<\/span><\/li>\n
  9. What are my options should I leave?<\/span><\/li>\n<\/ol>\n

     <\/p>\n

    (Please note, I have never expected perfection out of a partner — or anybody, for that matter.)<\/span><\/p>\n

    Even with these questions, however, I could be satisfiable. That is, if the gambler appears to be going about it seriously and intelligently, and I really believed I loved her, well, that might be all right.<\/span><\/p>\n

    Some partners aren\u2019t satisfiable. Every loss causes significant worry and stress — and then the fights start. I\u2019m not a psychologist or psychiatrist of any sort, but it appears to me that some people are prone to be worry warts. Some people are so results-oriented that they can\u2019t handle the financial swings.\u00a0<\/span><\/p>\n

    In addition to being satisfied with the gambler, the partner must be able to support the partner emotionally and possibly financially through the down periods, which will definitely occur. The partner must be able to share the same goals of the gambler. If, for example, the gambler wants to build up a bankroll and the partner wants to spend all \u201cextra\u201d money on (pick one or more: house, vacations, clothes, jewelry, etc.), the two of them must be able to have a serious discussion that leads to an understanding.<\/span><\/p>\n

    I\u2019m not saying the gambler\u2019s goals should necessarily take precedence. I\u2019m saying that if you\u2019re not on the same page about the goals, it\u2019s very difficult for either party to end up satisfied with the partnership.<\/span><\/p>\n\"Facebook\"<\/a>\"twitter\"<\/a>\"youtube\"<\/a>\"instagram\"<\/a>","protected":false},"excerpt":{"rendered":"

    There are a couple of possible meanings to the word \u2018partner,\u2019 and I want to be clear at the start how I am using the word. I\u2019m talking about a life partner. Male, female, same sex or not, married or not. It\u2019s somebody you are emotionally and financially connected with.\u00a0 I\u2019m going to be using […]<\/p>\n","protected":false},"author":2,"featured_media":6498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[2],"tags":[733,428,1943,1944,196],"yoast_head":"\nThe Value of the Right Partner to a Successful Gambler<\/title>\n<meta name=\"description\" content=\"There are a couple of possible meanings to the word \u2018partner,\u2019 and I want to be clear at the start how I am using the word. 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