USA

January 1, 2021

The usual New Year’s Eve tradition is to ski all day and, near the end, head to the top of Blackcomb, have a few drinks, and hang out with a bunch of friends at the Crystal Hut. We stay up there as long as they’ll let us. Eventually, they nicely kick us out.

It’s often a pretty big group… anywhere from 8 to 20 people, depending who shows up… and we make our way down the mountain relatively slowly, certainly if there are little kids in the group. If the weather gets bad and people just want to get the hell out of there, the group splits up. Otherwise, everyone gets to the bottom at roughly the same time… all of us among the very last off the mountain for the year. It’s a cool tradition… one I certainly hope to be part of again next year, because it certainly didn’t happen this time. No Blackcomb, no Whistler. No après-ski BBQ with friends and family. Next year.

Instead, it was a quiet and very pleasant evening at home…. where we Zoomed with friends and family from around the world, had a great dinner and watched a movie. The “What should we watch?” discussion was very brief… one of the kids said, “Hey, there’s this movie… it was made by the “Black Mirror” people and Samuel L. Jackson is in it and…” – say no more. We’re watching it.

The movie is called “Death to 2020” and I suggest you watch it without reading too much about it. It’s a movie, and there are actors in it – not just SLJ, but also Hugh Grant, Lisa Kudrow, and many other familiar faces – and all of the above do a magnificent job bridging the gap between fact and fiction. It was that sort of year; sometimes, it was hard to tell the difference.

Indeed, who better than the Black Mirror people to put together something to explain 2020… in the form of a comedy, no less.

“President Donald Trump did not attend his $1,000-a-ticket New Year’s Party at Mar-a-Lago, choosing to leave Florida early and head back to Washington to strategize his efforts to flip the election results – an election which he lost by more than 7,000,000 popular votes and in which there was no credible evidence of election fraud. Nevertheless, in his absence, notwithstanding more than 3,000 Americans lost their lives to the presently-raging pandemic that day, mask-less guests were left to mingle with Trump’s kids, Rudy Giuliani… and were treated to the musical stylings of Berlin and Vanilla Ice.”

See – that looks like it should be a paragraph out of that script – a comedic hardly-credible over-the-top exaggeration. But, of course… as usual… truth is stranger than fiction. That’s exactly what was going on while we were watching the movie.

Enjoy the weekend… maybe watch this movie, and enjoy the NYE recovery, if you need it… and gear-up for next week… here comes 2021.

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By |2021-01-01T17:03:01-08:00January 1st, 2021|Categories: COVID-19 Daily Report, Politics|Tags: , , , , |5 Comments
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December 31, 2020

We’re all pretty-much done with 2020, in every sense… and if you go by the multitude of emails I’ve gotten in the last 24 hours, “Time is running out!”… so, now what.

Next year offers a promise of “back to normal”, and it means very different things to different people. I’m not sure there’s a familiar “normal” to go back to, because so much has changed.

Even without the pandemic, there’s all the healing that’ll be necessary after the Trump presidency… but that’s a whole other discussion. On paper, that presidency ends January 20th, but the unfortunate truth is that its effects will carry on for decades.

Conversely, the pandemic will have no fixed date of “It’s over!!” but by this time next year, it largely will be, at least around here.

Restaurants, travel, getting together with friends… all of that… it’s coming back. Briefly, it’ll come back with a vengeance… a miniature roaring-20s. Then, that’ll get old (and expensive), and things will drift back to yesteryear.

But those aren’t the things that’ll really signify normalcy. For me, it’ll be the moment I realize I need a specific part from my favourite electronics shop… and I go over there, walk in, get what I need, drive home… and not give a moment’s thought to hand sanitizer, a mask or whether I’m wearing the right clothes to be waiting outside for 30 minutes, peering through the windows while people nonchalantly browse the aisles, clueless or not caring about the fact that the shop has a three-person limit. One day, it’ll be like the good old days, and when I don’t even realize it – that’s when it’s really over.

Yeah, all things considered, I’d actually rather go over there and get it myself… as opposed to click-click-click on Amazon, wait at least a day, and then see the colossal waste of plastic and cardboard and whatever other resources were needed to get this little part to me. Call it old-school… but I think we’re all pining for a little old-school. It’s what’ll be on our minds as we celebrate tonight – “Remember last year?” – yes, I certainly do. And look forward to exactly that exactly a year from now, and every year thereafter.

So, for 2020, that’s a wrap. This hackneyed phrase we throw around every year has a lot more meaning this year, and I say it with all sincerity to each an every one of you… wishing you a happy, prosperous and, above all, *healthy* – 2021.

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By |2020-12-31T17:03:15-08:00December 31st, 2020|Categories: COVID-19 Daily Report, Politics|Tags: , , , |17 Comments
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December 28, 2020

Here’s an interesting fact that means nothing but is an interesting coincidence… the vast majority (ie. 49 out of 50) U.S. states are mostly south of us. South of what? The 49th parallel. Forty-nine states are south of the forty-ninth parallel. Yes, I’d never realized that. Yes, Puerto Rico would like a word with me. Yes, it’s spelled forty, not fourty… even north of the forty-ninth.

Comparisons to our neighbours (not neighbors) to the south get made all the time, and this pandemic is no exception. “At least it’s better here than in the states” is often heard, and it’s true… but that’s not a great comparison, because nobody on the planet is doing worse than the U.S.

But apples-to-apples, exactly how do we compare? Where would we fit in?

If you look at the daily new cases per million (DNCpM) of population for each particular state or province, here’s how it looks…

First of all, similar to how difficult it is for Canadian musicians to establish themselves in the American market, pandemically-speaking, we haven’t cracked the Top-40… not even close. If Quebec, our worst-performing province, were a U.S. state, it’d barely make the Top-50… being out-performed only by Washington, Oregon, Vermont & Hawaii.

The worst three states have DNCpMs that look like this:

California: 985

Tennessee: 927

Arizona: 800

North of the 49th, it’s this:

Quebec: 265

Alberta: 235

Saskatchewan: 152

For comparison, B.C. is 58

So… 50 states plus 10 provinces plus 3 territories… bundle them all together and what do you get? With the exception of a little bit of overlap in the 48 to 52 range, the U.S. occupies the entire top of the chart, and Canada, the bottom. You can literally draw a thick line through spot 49 and it would cleanly separate the two countries. Another interesting yet meaningless coincidence.

Except it’s not so meaningless… especially because while these numbers are an interesting snapshot today, they will soon change, possibly rather drastically as news arrives that the far-more contagious U.K. variant is here. We’re not exactly sure when it flew into town, though likely Dec. 15th… but it’s arrived, and undoubtedly the Boxing Day crowds (including the one-hour-plus lineups to get into the airport’s shopping mall) aren’t going to help things.

The numbers are expected to go up anyway, but this 70%-more-contagious curve-ball will likely affect the models. By how much…? Good question. We’ve talked about how it takes just one person… it was one person who flew in from the U.K. that brought it into B.C. It was one person who flew in from the U.K. and did not follow the quarantine protocol in Ontario and then gave it to a couple there. That’s all it takes, and now it spreads like wildfire.

Everyone is tired of hearing it… but, unfortunately, it’s true. Not following the simple rules has far-reaching consequences. This soon-to-be rapid spread… the one that that will unfortunately push Ontario and B.C. up the charts… is more than just coincidence.

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By |2020-12-28T17:03:34-08:00December 28th, 2020|Categories: COVID-19 Daily Report|Tags: , , , , , , , , , |3 Comments
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December 26, 2020

Happy Boxing Day! Now that you’ve unboxed the gifts and boxed up the Christmas, you can relax… and hopefully Santa was good to you. Hopefully you got something meaningful that’ll last a long time; some gift that keeps on giving.

You know what’s an excellent gift that keeps on giving? It occurred to me while running up and down McDonald Beach with the dog… that great dog-beach near the airport.

The people who run the airport, the Vancouver Airport Authority, have never stopped charging the Airport Improvement Fee.

To backtrack a bit… back in the early 90s, YVR realized that with the projected passenger loads expected in the future, the airport was woefully undersized. Vast improvements were needed to deal with the post Expo’86 crowds… and the ever-increasing traffic to-and-from Asia. And they needed to get the money from that somewhere, because, believe it or not, the airport gets no government money.

So, they implemented a simple AIF… a little user-fee tax sort of thing. If you were flying out of YVR, you paid $5 to destinations within B.C, $10 within Canada and $15 everywhere else. These little kiosks popped-up, and you’d line up and wait and buy a little ticket that’d be collected when you went through security. A bit of grumbling ensued by an annoyed public who felt they were once-again getting shafted and wasting time.

Not soon after, they finally figured out how to integrate the AIF into the cost of an airline ticket. No more separate line-ups… it was all transparent. And, oh, how the money rolled in. Twenty million passengers a year times an average of ten dollars each equals a lot. More than $2 billion dollars and counting.

Where’s the money going? Well, it’s gone towards building the best airport in North America ten years in a row. A few years ago, some governing body voted it the best airport in the world. The fact is, whether it’s the new terminal, the new runway, the new outlet mall or just the quiet little museum piece you get to walk through if you land at one of those distant E-gates – the trees and birds and canoe on the water thing – it seems to be money very-well spent.

The AIF was supposed to be temporary but so was income tax during WW2. So were those ugly power-towers on Boundary, north of 1st Ave.

Income tax will never go away. Neither will those towers. And probably, neither will the AIF, and I’m totally ok with that. And by the way, the AIF has changed. Now it’s $5 for travel within B.C. and $25 for everywhere else. I’m totally ok with that too.

I guess that’s not really a gift that keeps on giving; it’s not a gift if it’s being extracted from you… but let’s call it a worthwhile extraction that keeps on giving… there’s a good random thought re Boxing Day, typically one of the busiest travel days of the year… but not when air traffic is down 90%. Maybe next year there will be more excitement on Boxing Day than just taking things out (and putting things back in) boxes.

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By |2021-02-28T16:27:17-08:00December 26th, 2020|Categories: COVID-19 Daily Report, Politics, Travel Stories, Our Dog|Tags: , , , , , , , , , |3 Comments
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December 22, 2020

Here’s a great word to add to your vocabulary, if you already haven’t done so: Askhole

An askhole is someone who asks for advice, listens to it, does the complete opposite, and then complains when things go wrong. They just seem to be coming out of the woodwork these days.

In some cases, the advice wasn’t explicitly asked for… but you’re told – don’t travel, essential travel only, don’t go to the U.K, and so on. There were many non-essential travelers stuck on the Coquihalla last night, who this morning are whining about their misfortune. There are Canadians who flew to London last week who are now whining they can’t come home.

The King of the Askholes is the man who’ll be president of the U.S. for another 28 days. He’s the biggest askhole of all, because he actually keeps asking for advice, and then shuts down the people giving him responses he doesn’t want to hear. Then he asks other people, hoping for a different result. The Latin term for his species is Askholo Perpetuo.

As a result of Trump’s askholish behaviour in recent weeks, his inner circle has shrunk to a tiny number of soon-to-be footnotes, but a lot can happen in four weeks when you’re arguably the most powerful man on the planet.

This all came to a bit of a head over the weekend where an Oval Office meeting resulted in some staffers running to the phones to contact the press. After a lot of screaming by the president, it got scary when he starting asking for advice on how exactly to go about establishing martial law in a few specific states. That sent the sane people fleeing for the hills.

Intelligent people don’t listen to, nor feed, the askholes. But even better, don’t be an askhole. And if you’re an askhole, don’t whine. If you’re mature enough to ask for advice, and to listen to replies, you’re certainly mature enough to understand that if things don’t go your way, it’s your responsibility. Unless you’re the president; then it’s apparently everyone else’s fault.

Tomorrow is the last day before the Christmas trifecta of Christmas Eve, Christmas Day and Boxing Day. And this trifecta is locked in, because the horses have already left the gate; I’m pretty sure everyone already has set in stone their plans for those three days. It’ll be sad to see the numbers rise, because they’re relatively stable these days; flat or better across the country.

That’ll change… and I’m not here to tell you what to do or what not to do. But I would ask that you don’t act all shocked and surprised as a result… stuck on the highway in a snowstorm? Stuck in the U.K? Stuck with a positive test… you and your family? Unfortunate. But don’t whine. Don’t say you couldn’t possibly have seen it coming. Don’t be an askhole.

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By |2020-12-22T17:03:01-08:00December 22nd, 2020|Categories: COVID-19 Daily Report, Politics|Tags: , , , , , |16 Comments
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December 19, 2020

When I was in high school, we had a coach who employed a very unique form of punishment. When you screwed up, everyone had to run a lap around the field. And when I say field, it was actually four rugby fields… roughly a 600-metre jog for everyone. Well, almost everyone… you, the perpetrator, did not run. Just everyone else.

In fact, the first time that happened to me, I wanted to run too. I didn’t want everyone else even angrier at me. But no, that was the point.

“Sir, I’d like to run the lap as well.”

“No, Kemeny… you stand here with me and enjoy the consequences of your actions.”

The only thing missing was him providing some hot chocolate while I got to watch my friends and teammates being punished for my transgression. Just to really hammer home the point.

I mention this, because it’s interesting to note that collective punishment of this sort, where the said collective (friends, family, acquaintances, teammates, etc) is targeted, is a violation of the Geneva Conventions. It is literally a war crime.

If wearing the wrong jersey to rugby practice is so serious a crime that it warrants a punishment so severe that it’d require an international court to sort out, what do you do with a significant number of Republicans trying to overthrow the U.S. government?

The end-game of this election is starting to look like a horror-version of whack-a-mole… where there’s no cheap prize at the end, but that’s irrelevant… because the game never seems to end. You could argue it’s been going on for four years, but it’s certainly been going on since the election. After 46 days, those are some pretty tired arms. With still 32 days to go.

Every day, some nonsensical mole makes an appearance, and it’s swiftly whacked back into the hole by evidence, lack of evidence, a court ruling… or just plain common sense. And yet, the moles persist. The most recent mole to get whacked was Mitch McConnell, but that wasn’t enough. Now come some Republicans who literally want to overthrow democracy. Martial Law, and the whole thing.

Far beyond just cutting through the bullshit of Trump trying to pre-emptively pardon himself and his family, maybe it’s time for Joe Biden to make a much stronger statement. Number one, anyone who gets pardoned with some sort of cobbled-together Frankenpardon shouldn’t feel too safe. Those pardons will be rescinded within hours of the new administration, chopped up into little bits, just like the parts that came together to form this attempted monstrosity of legality.

And number two, anyone from this point forward trying to actively mess with the very foundation upon which American Democracy is based… will be charged. I don’t know if “attempted treason” is “a thing”, but it should be. Even if Biden gets tossed after four years, there needs to be something in place to prevent this derailing nonsense in the future… that those who instigate this sort of thing have some real consequences to face, not just running some laps in the dark, pouring rain.

But this is what the president is focusing on. This is what he’s re-Tweeting… while every single day, the new cases and deaths pile up. While some rogue nation, still not sure if it’s China or Russia, digitally broke in and stole everything. While a Covid relief bill still hasn’t wound its way through the process.

Allow me to quote Joe Biden: “C’mon, man.”

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By |2020-12-19T17:03:13-08:00December 19th, 2020|Categories: COVID-19 Daily Report, Politics|Tags: , , , , , , , , , , , |3 Comments
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December 17, 2020

A quick thought with respect to the winding-down of what history will undoubtedly call the ugliest presidency ever… I wonder if it’s occurred to those who support Donald Trump – at least 74,000,000 Americans – that after all is said and done, no matter what you believe is broken and needs fixing… that this wasn’t the guy to do it.

Notwithstanding he didn’t keep the very election promises upon which he was originally elected (the border wall that Mexico will pay for, the healthcare plan that’s just a few weeks away, etc), suddenly there appeared this whole notion of a large, left-leaning group of overlords that’s controlling everything… well, if that’s the case (which it isn’t, but let’s say it is) – Trump has failed miserably in dealing with it. If you’re a staunch Republican who thinks these are real issues, I think you have to admit your guy failed you. You, like him, can scream fraudulent election and all that… so, ok, let’s say it was… it was a huge fix, all aimed at getting Biden elected – Trump, with his genius intellect and intuition saw through it all along; he identified countless examples of voter fraud. But then what?

In four years, he’s appointed more federal judges than any president in history… placing these people in roles with lifetime appointments – roles that had been gleefully held open by Mitch McConnell. These guys, with their frenzied zealous desire to stay in power, did everything they could… and it still wasn’t enough. With all his appointed judges, with all the vague but passionate handwaving, with all of the alleged evidence, look what he managed. Nothing. From the sounds of all that, you’d think it’d be a slam dunk. But no. Zero. What. A. Loser.

Forget for a moment what he’s broken (and there’s plenty) – in some crazy world, one could argue it was for the greater good, and you have to break eggs to make omelettes or whatever. OK, let’s entertain that for a moment… so, sure… lots got broken, yet… nothing got fixed. If there exists a Deep State (there doesn’t) that’s controlling the radical left (it isn’t), then… despite knowing all this, he couldn’t do anything about it. That deep state now sits well-entrenched, now in power, ready to take over the world. Your guy failed you miserably; more miserably than somebody caught by surprise, who didn’t see it coming. This guy saw it all coming, for four years, and was unable to do a damn thing about it. All talk. Zero action. Is this the guy you want leading you?

Setting aside the obvious fact; it’s hard to fix something that’s not broken because it doesn’t actually exist – notwithstanding it’s his main money-raising platform… but let’s forget all that crap. Let’s look at real things where Trump could’ve made a difference… things he promised.

There’s no better healthcare plan, there’s a bit of new border wall, but most of it is renovation… and Mexico didn’t pay for any of it. Hilary isn’t locked up. There’s no renegotiated Iran deal. There are lots of illegal immigrants still around. There’s no right to carry a concealed weapon in all 50 states. There’s no freeze on hiring federal employees. There is no end to birthright citizenship. There’s no automatic death penalty for cop killers. Eliminate the federal debt in 8 years? It’s higher than when he came into office. And, oh yeah, his tax returns… we’ll see those any day now, as promised.

Actually, that last one – we might, because of a court order coming next month. Between that and going to prison for contempt, he’ll probably eventually provide them. And then he’ll go to prison for what’s on them.

And yet… some staunch Republicans still stay by his side, sending him their hard-earned money, believing everything he says. Up to you, I guess… he’s going to need friends and he’s going to need money. But, between you and me… I think you could do a lot better than this Loser.

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By |2020-12-17T17:03:00-08:00December 17th, 2020|Categories: COVID-19 Daily Report, Politics|Tags: , , , , , , , , , , |7 Comments
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December 16, 2020

Today, we’ll take a step back from gambling advice and bashing Trump and discuss… yes, how about the pandemic…

As usual, there is good news and there is bad news.

Let’s start with the good news, and that is that around the entire planet (with one notable exception), things are getting better. That doesn’t mean things are great, but if you look at the numbers and graphs below, it’s clear things have stopped getting worse in Canada. They’re either just bad, or improving. At some point, I’ll throw together some world data for comparison, but the graphs will look similar; sharp drop-offs in the rates of new cases, which in turn should show fewer hospitalizations and eventually fewer deaths. Where they were growing quickly, they’re growing more slowly. And in some places, stopped. Entirely. New Zealand is the first country on the planet where C19 is gone. Period. Restrictions lifted. Workplaces, restaurants, sports stadiums… packed with happy, healthy people. This was the place that locked down early and hard, and almost did away with it on the first go-around… but it came back, so they took more drastic action. And this time it stuck. Brutally ironic and pathetic was Donald Trump, at that time, mocking them… “It’s over for New Zealand. Everything’s gone.” That was Trump, trying to imply something like, “See? No matter what you do, you can’t get rid of it. Why bother wrecking the economy, when it won’t make a difference?”

Trump wasn’t the only one with that attitude, but the attitude is wrong. Strong decisive action can make a big difference.

While things look to be getting no worse pretty-much everywhere, the huge exception is, of course, is the U.S… where things are getting drastically worse. The collision course between the pandemic, people who don’t care, and the vaccination… it’s a perfect storm, made more complicated by that second factor… people who still don’t believe there’s a serious virus and/or people who do but won’t get vaccinated. If all Americans were to go out and get vaccinated as quickly as possible, the entire country would be rid of the virus by summer. There will probably be enough vaccine to go around to do that. All the timelines we’ve heard rely mostly on the understood supply of Pfizer vaccine that’s on its way, but there is more good news… that we can soon throw the Moderna vaccine into the mix… and that’s more of a game changer, because it’s doesn’t need the ultra-cold transport and storage; that one can (and will) be made available far and wide.

The bad news is that the pain of this pandemic, from an economic point of view, will be very harsh. Every sector has been radically affected… and the issue now is that there are many businesses that rely on the holiday season to get them through with enough momentum to last them till next December. Many of those businesses are already running on fumes, and are really only still in business because it’s the Christmas season and they may as well scrape what they can from it before they pull the plug. Many that stuck it out this long were hoping for a relatively normal holiday season, and it’s not going to happen.

On that note restaurants are suffering terribly, especially many of which count on the Christmas office parties and the party season in general… and while that won’t happen this year, it’ll all come back eventually. Certainly by this time next year.

Until then, there’s no simple answer… though might I throw in… support your local restaurants if you want them to survive. It doesn’t mean go there with a group of friends; not yet. But order their food and pick it up, or get it delivered from them directly, so it’s not some third-party that’s getting all the margin. Buy gift certificates and stuff some stockings with them.

The economic landscape will look like a 9.0 earthquake roared through it, once this is all over. Hopefully, for most, it’ll just have been a big, rattling shake… and not a complete collapse.

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By |2020-12-16T17:03:06-08:00December 16th, 2020|Categories: COVID-19 Daily Report, Politics, Science of COVID-19|Tags: , , , , , , , , , , , , , , |4 Comments
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December 15, 2020

A little more on yesterday’s topic… according to the Washington Post this morning, Trump has doubled-down on his dubious election claims 15 times. Two to the power of 15 equals almost 33,000. So now, he’d have to be putting down over $65,000 to try to win back his original $2 bet… if he were betting red, which I suppose, in a certain way, he is. He’s gone from loser to Loser to LOSER… the only thing that’s changing now is the point-size of the font, but like betting systems that eventually run out of money, the screen can only fit so much as well. We’re pretty-much looking at nothing more than a big capital L now… and yet, if this morning’s torrent of even more election-fraud Tweets is any indication, he’s not done yet. Even Mitch McConnell has thrown in the towel… but Trump? Nope.

If doubling down is the wrong way to bet, is there a right way? Yes… as long as you keep in mind that if you’re betting against the house, you’re going to lose in the long run… no matter what. Unlike poker or horse-racing, where you’re playing against other people, you’ll never beat the house in the long run. Not that it’s easy with poker or horses, but at least it’s possible, and there are some people good enough that they actually do it professionally. But casino games? Nobody is making a living playing slot machines, blackjack, roulette or craps… assuming it’s a “fair” game. There are ways to “game” advantages in all of those, with mechanical aids or card counting… but those change the house odds, and then it’s a whole different story. But assuming you don’t have a roulette computer jammed into your shoe, and/or assuming you’re not able to count cards without getting caught, the house has an edge, and every dollar you bet plays into that edge. If you’re going to bet $100 in Blackjack, mathematically, the soundest way to do it is bet it all at once. That way, the house only gets one shot at imposing that edge on you… not countless times to chip away.

But… it is possible to win in the short term, and it’s possible to have a lot fun doing so… so what do you do to maximize your chances? You do the opposite of doubling down.

With doubling down, all you’re doing is chasing lost money with your own money. Throwing the good after the bad. The key to winning is trying to maximize the opportunity to win while putting the house’s money at risk, not your own. This means taking the big shots with money you’ve already won; not out of your wallet. Here are two examples.

Let’s say you’re going to play roulette… and roulette is a good one because it offers a lot of (close to) 50/50 bets. Roulette has a green zero (and sometimes also double-zero, and, for the truly-clueless, triple-zero), which is where the house gets the edge, but other than that, there are 36 numbers. Half are red, half are black. Half are even, half are odd. Half are 1-18, half are 19-36. All 6 of those half-this/half-that bets are effectively coin-tosses, and return a win of a $1 for every $1 bet.

So… if you’re going to play roulette, say you’re willing to risk losing $200. Take that $200 and cut it into 10 pieces of $20 each. Each of those $20 is one shot, and you will have 10 shots.
You bet your first shot, and we will call that first bet “level one”… and you can bet any of those spots. Say you bet red… and it comes up… black. Oops. It’s ok, you’re only down $20… now, second shot, level one… you try red again, and this time it hits number 7, which is red.

Great! Now you have $40. You take that entire $40 and bet it on… let’s say, black… and this is now level two. Boom, it hits 17 black. Now you have $80. So you take all $80 and bet it on… hmm, 7 and 17 were low… so you bet it on 19-36 – (this was level three) and it hits 35, and you win!

Now you have $160. Now you are on level 4, the final level. Hmm… three odds in a row. You bet your level 4 on even, it hits 2, and now you have $320. And you take that $320 and you put it in your other pocket, and you don’t touch it for the rest of the night. And you go back to level one, with your third shot of $20. And you do that with all ten shots. Some will die right away. Some will advance a level or two. And hopefully, you manage to run a few of them through level four.

Of course, that’s not so simple… but it only takes one out of those ten shots to go the distance for you to walk away a winner. If you do this right, after 10 shots, the $200 gambling pocket will be empty… but, hopefully, the other pocket has $320 in it. Or maybe $640… or more…

The key, of course, is that you’re trying to capitalize on winning bigger amounts by risking only what you’ve won. The adrenaline rush of those level four bets is quite something… and a real sledgehammer to the gut when you lose. Just try to remember, you didn’t just lose $160 – you only lost $20.

Similarly, next time you’re at the racetrack, try this… take $5 and bet it “to show” on the horse you like. As long as the horse you like finishes in the top three, you’ll cash your ticket. It might not be much, but that’s ok, because now you take what you won, maybe $8, and bet it all to show on whatever horse you like in the next race. And if you win, you take that $17 and bet it all to show in the following race. The thrill of running a show parlay up to $400 is also quite a rush; and you’ll learn a lot about yourself when you’re now called upon to bet all of it on some horse whose only redeeming factor is that you like his name.

Gambling, in general, should be treated like an entertainment expense… so as long as you’re willing to lose every penny you’re throwing at it, as long as you have a good time, go for it – and, hopefully, some of this advice helps you win… at least in the short term.

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By |2020-12-15T17:03:51-08:00December 15th, 2020|Categories: COVID-19 Daily Report, Politics|Tags: , , , , , , , , , , |7 Comments
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December 14, 2020

There is a very common betting strategy called the Martingale — you can apply it to red/black on roulette, or blackjack, or any simple game with close to 50/50 odds – where, if the odds are truly 50/50 and you have infinite wealth, you will never lose. Unfortunately, the odds are never really 50/50, and nobody has infinite wealth… so, in the long run, you will actually always lose. And when you lose, it’ll be ugly.

Martingale is more commonly known as the strategy of doubling down, and here’s how it works: Say you’ve decided to bet red on roulette… so you bet 10. If you win, you’ve won 10. Now you bet another 10 and hopefully win again.

But if you lose, you bet 20. Now, when you win, you’ll not only win what you just bet, but you’ll also win back your original loss. And when you win, you can go back to betting 10.

If you lose again… well, now you have to bet 40… but, no worries, it’s 50/50 or whatever, it’s due to come in, etc. And with that bet of 40, you’ll win back everything you’ve already lost… right?

As we’ve learned, exponential growth gets ugly… in a hurry. 10/20/40/80/160/320/640… if you thought it can’t possibly come up black 7 times in a row, you’d be mistaken… it happens far more often than you think, and now you’re having to bet 1280 just to win back everything you’ve lost… and just to profit 10. Eventually you hit the casino limit. Eventually you run out of money.

So, no… doubling down doesn’t work, because there’s no finish line; because infinity is nobody’s version of a finish line. For whatever reason, people still tend to employ this strategy, and I’m not just talking about casino gambling. Today itself provided two examples.

One small example would be this morning’s Wall Street Journal editor defending the disgusting Jill-Biden-bashing piece that I wrote about yesterday. Instead of just apologizing for his appalling lack of judgement, he’s saying it’s no big deal, he’s blaming “team Biden” for the backlash and he’s accusing critics of playing the race card. He’s doubling-down on his mistake, and now he’ll appropriately face further backlash… to which the WSJ will respond with an apology, or, they’ll double-down again. There’s an ugly finish line to examples like that, depending how far they’re willing to take it. Eventually people start unsubscribing. Eventually they lose advertisers. And eventually, when they’ve shredded themselves into the ground, they meekly apologize.

Whatever the reason that prevents them from backing down… business decision, reputation concern, fragile ego… if they could simply admit when they’re wrong, that would be the end of it. But no, they double-down… and without a bottomless wallet of excuses to support their bad judgement, they eventually lose… and it’s much worse than it should have been.

Which leads us to the much bigger example of doubling-down to the point of insanity, and this one also hit the ugly end of the line today – and that is Donald Trump’s insistence that he’s won the election. Today, after numerous and continual double-downs of bullshit, he’s out of ammo with which to bet red. Now the electoral college has cast its votes, as expected, confirming Joe Biden. Now what?

I guess the equivalent would be the guy who’s been betting red on roulette all day and just watched a streak of 15 black show up. He’s out of cash, screaming and yelling that it’s not fair, and as he’s being dragged to the door by security, continues to scream he’s being robbed and denied the opportunity to win it all back.

It’s not altogether a bad analogy. The guy in both examples started with a bad premise, executed poor judgement, doubled-down on it for as long as he could… and will continue to blame, to whoever will listen, everyone else except himself for the outcome. Both deserve to be shown the door.

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By |2020-12-14T17:03:05-08:00December 14th, 2020|Categories: COVID-19 Daily Report, Politics|Tags: , , , , , , , , , , |8 Comments
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