Voice_of_Reason
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I wouldn't call myself a professional gambler in any way shape or form, but I spent A LOT, and I mean A LOT of time playing blackjack in Vegas. And what you said about Roulette essentially holds true for Blackjack.Funny enough I take the same approach to gambling that I think we should in player acquisition.
The best professional gamblers have a hit rate of around 60-64%. Anyone telling you they’re that good or better, that isn’t a legit professional gambler (and well known to the books) is a liar.
Their whole strategy is to take as many swings at bets as possible (draft capital)
To have a process that means most of the time they win or lose small, but win just enough to be over 50% and come out ahead
And hope that once in a while you hit it big
And that when you miss big, your overall strategy allows you to recover
Roulette is my favorite table game. If you go to the table with enough money, and you understand the board enough to cover your bets, you can play for a long time wining and losing small, and if hit big more often than you miss big you can win some serious money.
I bet sports the same way … it works great. It’s not flashy but long term it’s a successful way to stay in the game, giving yourself as many chances as possible to hit big.
If you use a progressive betting strategy, you can basically get yourself out of every hole. However, you need to have a lot of capital to do that. And most people don't. Nor do they have the discipline. Which is why there are topless pools in the middle of the desert.
The way I correlate the draft to gambling, is you have to have a plan and stick to it. From a blackjack perspective, you need to know how to play the system, where you can get CLOSE to 50/50 odds (though you won't get 50/50 odds in any game in Vegas), and you have to know your betting strategy. You can't get drunk or stupid. If you play "the right way" you can come out ahead unless you run into some atrocious luck. If you do stupid things, you will absolutely lose.
Same with the draft. You have to have a good plan, do all the scouting work, and make smart decisions. And some will hit, and some won't. If you do stupid stuff, you'll lose.
Sometimes the best GMs lose. Beathard traded a first, second and 2 legitimate players to move up one spot to draft Ryan Leaf. Ooops. Kyle Shanahan and Lynch traded up to get Trey Lance. Ooops. Wentz. Ooops. Trubisky. Ooops. Zach Wilson. Ooops.
But if you have a good process and make consistent decisions, you'll come out ahead.
One thing about the "build through the draft" thing though: We HAVE been building through the draft for about 8-10 years. The problem is we're picking the wrong guys. But we're trying to.
From last year's team, here are the starters who we didn't draft: Leno, Gates, Wylie, Logan Thomas on offense. Add Curtis Samuel as well as the third WR. That's it. On defense: Cody Barton. Kendall Fuller was a boomerang. That's it.
The issue isn't we have been trying to spend on FAs, we haven't. Last year Gates and Wylie were the only 2 notable FAs. In the Ron Rivera era, I think the only other large-ish FA signings were Samuel and WJIII.
We've been trying to build through the draft. But we just don't draft that well.


