The Warriors Bet

At the start of the NBA season, the master of BABI, Jeff, made a $50 bet with 3 guys at our poker game that the Warriors would win 30 games this season. In January the bet was good as lost. One of the guys he had a bet with, Mr. Money Asshole Bags, offered Jeff the opportunity to buy back the bet for $40, promissing to pay him $50 if the Warriors somehow miraculously won 30 games. Jeff accepted.

Guess what? The Warriors only have to go 4-7 in their last 11 games to make it. It looks like they are going to make it with ease.

I've been thinking about that buy back offer. Why would Jeff take it only to save ten bucks? Obviously in retrospect, it looks like a horrible mistake. But at the time it almost certainly looked like a sure way to save $10.

Ten bucks. Only ten bucks. What that says to me is when betting for real money, betting isn't about fun, it's about money. We all throw $5 into the NCAA pool for the fun of it. It's not real money. But if you bet on a lot of things, it's about coming out ahead, and ten bucks is part of the formula. Every ten bucks counts. You can't afford to periodically throw away ten bucks, because in those series of ten bucks is your margin for winning. And in the end, winning money, coming out ahead, is what it is about.

True in BABI, too. It's not about 1st place. It's about consistently staying ahead over the long haul. And that's our goal.

So, in conclusion, how 'bout them Warriors?