I purchased a legal pro sports gambling ticket. Because followed the National Hockey League closely, I picked three games: two wins and a tie. The latter got me pretty high odds and my $2 bet would pay $51.
Sure enough, all three results came through. I cashed in that ticket the next day with a big smile on my face. I started having delusions of not bothering to go to college. I could make a living off of sports gambling! I could do this!
I proceeded to invest my winnings in more tickets and more tickets. Needless to say, I lost that $51 and then some. I matured and rarely gambled on sports since then.
But the funny coincidence is that I had similar experiences with poker and penny stocks. Got lucky very early on and it gave me a false sense of confidence. Neither of those experiences turned out overly well either (actually, I can hold my own at poker sometimes).
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