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The creator of and the world's pre-eminent expert in the field of "Risk Intelligence" -- Professor Dylan Evans (Ph.D., Philosophy) -- carried out an exhaustive research over many years into what makes an "expert gambler" different.
From New Scientist journal:
"What's the difference between an expert gambler and an ordinary gambler?
The expert gambler makes money and the problem gambler loses it. But there are emotional differences. Although they both gamble a lot and it appears to be compulsive, expert gamblers know when not to bet, they evaluate their opportunity each time.
There is also a big asymmetry in feelings about winning and losing. Problem gamblers get a buzz from winning, it's like an adrenalin rush, but they don't mind losing that much. With experts, it's the opposite: They don't get a huge kick out of winning, the pleasure is more cognitive. But they hate losing so much that they are constantly re-evaluating their decisions and finding out how to do better".
From New Scientist journal:
"What's the difference between an expert gambler and an ordinary gambler?
The expert gambler makes money and the problem gambler loses it. But there are emotional differences. Although they both gamble a lot and it appears to be compulsive, expert gamblers know when not to bet, they evaluate their opportunity each time.
There is also a big asymmetry in feelings about winning and losing. Problem gamblers get a buzz from winning, it's like an adrenalin rush, but they don't mind losing that much. With experts, it's the opposite: They don't get a huge kick out of winning, the pleasure is more cognitive. But they hate losing so much that they are constantly re-evaluating their decisions and finding out how to do better".
