The chief obstacle to success lies in the stubborn fact that if the favorable prospects of a concern are clearly apparent they are almost always reflected already in the current price of the stock. Buying such an issue is like betting on a topheavy favorite in a horse race. The chances may be on your side, but the real odds are against you.
You know horses are smarter than people. You never heard of a horse going broke betting on people.will rogers
Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.richard arnold epstein
How great a quality is horse sense! Someone has defined it as that something which keeps horses from betting on men!vincent massey
The problem with winning at blackjack and sports betting is that sooner or later a big guy in a suit tells you to leave.william poundstone
I think it proves that if my business could be made legal, the way off-track betting is in New York, I and women like me could make a big contribution to what Mayor John Lindsay calls Fun City, and the city and state could derive the money in taxes and licensing fees that I pay off to crooked cops and political figures.
Horse sense is the thing a horse has which keeps it from betting on people.w. c. fields
When you're betting and you win, naturally you have that satisfaction, and the profit.
Zorro, get him! I'm betting on you! Who: Samuel