There Is No Fool Like A Careless Gambler Who Starts Taking Victory For Granted. – Hunter S. Thompson

Betting Like you've Sucked a Placebo


It's Greek translation: The study of the mind

I often write about psychology. It's a fascinating subject descended from philosophy. With its many and varied perspectives, theories, and methodologies.

Very few people talk about psychology within gambling beyond psychopathology. 

Gambling addiction. 

But could it be used as a tool for advantage?

If you like your movies, you probably enjoyed The Matrix, a science-fiction film released in the UK on 11th June 1999. The screenplay was written and the film directed by Lana Wachowski and Lilly Wachowski. 

The leading character, Thomas Anderson, a computer programmer, is led to fight an underground war against powerful computers who have constructed his entire reality with a system called the Matrix. 

Anderson had the opportunity of taking a red or blue pill. The former would reveal an unpleasant truth while the latter would see him remain blissfully ignorant. 

I wonder if gambling success is really all in the mind. Could feeling positive or negative make a difference to your success? 

It's an interesting thought.

Even though there is no logic to support this idea, have you ever noticed how some people seem luckier than others? 

Would this make for an intriguing psychological study?

Clearly, it couldn't be skill-based. However, it could be assessed with fixed odds. 

Surely, a scientific study manipulating the variables as they do in testing hypothesis when running a psychological experiment would detail no significance. 

I would be very surprised if it didn't. 

How could it be different from chance?

You've heard of the placebo effect, hey?

Its definition: ''A beneficial effect produced by a placebo drug or treatment, which cannot be attributed to the properties of the placebo itself, and must, therefore, be due to the patient's belief in the treatment.''

Imagine if I could convince someone that this ''blue pill'' in your hand has the power to make them the luckiest person on Earth. 

They put the blue pill into their mouth and suck it. 

Luck dissipates throughout their body. It travels fast through the bloodstream. It gives a warm, contented feeling and they believe it will transform their gambling life. They have a life of limitless opportunities.

Would you be a luckier person for taking the pill? 

Welcome to your life of opportunity. 

Read our last amazing post: Betting From My Bed

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