(Alternative Title: The Value Of Being Uncomfortable, Part 3)
Ultimate Poker's Director of Poker Operations, Scott Yeates, sits in the office next to mine. In the hallway outside of our office sits our Data Analysis Manager, a very bright guy named Justin. Scott has come back from lunch at the excellent Vegas burger joint, Holstein's, bragging that he won at credit card roulette and didn't have to pay for his lunch.
Despite being an occasional gambler/poker player himself, Justin inquires why we would ever just gamble for the bill. It doesn't make sense to him. Keep in mind that Justin's occupation is very math-oriented, and he understands long-run expectation as well as any poker pro. He just doesn't see the value in gambling for gambling's sake.
I explain, to be an effective gambler, you have to embrace the sting of defeat. It has to hurt a little. It shouldn't hurt so much that it seriously damages you, but constantly exposing yourself to small financial pain is beneficial, in exactly the same way that getting regular exercise makes your body healthy. Exercise is a stressor that makes you perform better the next time you exercise. Losing money is a stressor that makes you more emotionally prepared to lose money.
Of course, many people will respond to this line of reasoning with, "I don't gamble". But, as anyone reading this blog knows, everyone gambles. They gamble on buying (or not buying) insurance, buying (or not buying) a home, having (or not having) children, crossing (or not crossing) the street, asking Alice or Mary out on a date, or vacationing in Hawaii instead of Paris.
Since everyone gambles, everyone should be exposed to losing at gambling.
So, tell your non-gambling friends: CCR makes you a better person.
(Bonus content: Here's a CCR blog post from 2006, when it wasn't nearly as big a thing as it is now.)