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A sucker bet is a gambling wager in which the expected return does not reflect the odds of winning, and is significantly lower. For example, the chances of correctly guessing the order of the final three cards in a game of Faro is usually 1 in 6, yet the bet only pays 4:1 or 5:1. The complexity of the game can disguise the nature of the odds ...
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In the 1930 John Dos Passos novel The 42nd Parallel, the quotation was attributed to Mark Twain.. In Star Trek: The Next Generation season 4 episode 13 ("Devil's Due"), Captain Jean-Luc Picard mentions "There's a sucker born every minute" as he explores the possibility of a con artist at work, and Lieutenant Commander Data attributes the phrase to P. T. Barnum.
But first, you need to understand the background of why so many people think options are a sucker's bet. The dark side of options Right now, options have two things going against them. First ...
Online poker in the U.S., despite regulations against it, has grown in lockstep with cable programs devoted to poker. A new investigation by the Washington Post and the CBS show 60 Minutes ...
Nowhere near ‘sucker’s bet’ territory. Siegel noted Wednesday that the S&P 500 traded at over 30 times earnings in March of 2000, and large-cap tech stocks were selling at double those ...
Thomas Austin Preston Jr. (December 31, 1928 – April 29, 2012), known as Amarillo Slim, was an American professional gambler known for his poker skills and proposition bets.
With no humans required, the 20-person company's AI tools produce 10 million words a month for gambling clients — the effective output of 170-odd full-time writers producing a grueling 3,000 ...