blackjack avenger said:
I would think long run considerations would be a factor with AP play. If you play enough to get to the long run then AP play takes on more investment qualities.
I guess it can be like day trading vs buy and hold with stocks.
If one's bj career was only a few hours then that may be considered a gamble, now play over time and you are investing.
I guess it can be like day trading vs buy and hold with stocks.
If one's bj career was only a few hours then that may be considered a gamble, now play over time and you are investing.
Finally, with both endeavors there is the calamity aspect--the stock market could go completely and inrecoverably kaput once every several hundred years, and the country might decide to put an across-the-board ban on gambling just like it once did on drinking alcoholic beverages, catching you halfway to the long run in the middle of a devastating run of negative variance. It's the "life is a gamble" syndrome. Or the "it's a gamble everytime you walk across the street" syndrome.