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Quotes On Risk, Loss & Luck From the Philosophy of Casino Gambling

5 Quotes On Risks, Loss & Luck From the Philosophy of GamblingIf you love inspiring quotes on risk, loss and luck, read on for some wise words from the philosophy of casino gambling. 

It’s funny how life works. Certain life lessons learned in one area also apply to other areas of life as well.

I wrote about this principle of life in a previous article called 10 Relationship Tools From 10 Unlikely Places, where I shared how life lessons learned from architects, dog trainers, race car drivers (etc) also apply to lessons in love.

Well, guess what? You can also learn a lot of life wisdom from gambling lessons. Yes, casinos are famous for many things, such as the roulette wheel, card games and dice. But they’re admittedly less renowned for their stock of insightful quotes and philosophical wisdom…but you might be surprised.

Coming up in this article I will sharing some quotes and philosophies that have arisen from this world. These insights don’t just apply to betting. They apply to how to live life, take risks, handle loss and think about luck.

5 Quotes On Risk, Loss & Luck From the Philosophy of Gambling

I gathered these philosophies and words of wisdom from a range of famous celebrities, ancient philosophers, literary resources, cartoonists and also PartyCasino.

1: Once you start thinking you have nothing to learn, you have everything to learn.

This quote is credited to Steve Badger, a pro poker player who has dedicated his time to teaching others insider tips and tricks. This is a mantra that most definitely applies to life in general. These words emphasize the importance of keeping your eyes and ears open, and being receptive to new ideas and thoughts.

2: At gambling the deadly sin is to mistake bad play for bad luck.

No one could ever argue with the wisdom of James Bond, and these words were written by the spy author Ian Fleming.

Slightly less obvious than our previous quote, Fleming is at pains to point out that if you try to shift the blame onto bad luck, you might miss the fact that you need to make changes to your own behavior.

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

Just in case you were under the impression that it’s just the modern gamblers who are ready with some pithy words, this quote is here to prove the opposite. This philosophical saying dropped from the lips of a 17th century philosopher, Baltasar Gracián y Morale.

4: We’re all living in a casino. It’s just Vegas. Everything is on camera. Everything is being recorded. Everything is on audio. The truth is we all have access to everybody else’s information.

While Ashton Kucher wasn’t implying that everyone is featuring in their own version of The Truman Show, there’s a stark warning about the digital trail you’re leaving and the ease of access to personal information.

5: Hollywood is a casino. You have to put your chips on the table and hope for the best.

While there’s an argument that this saying particularly applies in Hollywood, it’s good advice for living your life anywhere. If you want to get anywhere or pursue your heart’s desire, you’re going to have to be brave and make your wishes known.

6: The world is like a reverse casino. In a casino, if you gamble long enough, you’re certainly going to lose. But in the real world, where the only thing you’re gambling is, say, your time or your embarrassment, then the more stuff you do, the more you give luck a chance to find you.

This great advice here is from Scott Adams, the awesome Dilbert cartoonist.

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