Also doesn't it bother you that your "job" doesn't add any contribution to the society? I mean you're taking money from the casino and that's it - playing your edge.
That is a tough (and maybe inappropriate) question. I am sure the vast majority of us dont have a job that adds any contribution to the society because this solely depends on how you define the society itself (are you talking about all people around the world, only poor people, ...). So his profession may not bring any contribution to poor people but he is able to feed his kids (thats a plain assumption that he has kids
), pay his bills and maybe gives him the opportunity to spend money twice a year for eg. a cancer research institute. A good and proven money management will help a lot in these situations. It will automatically lower the stakes while on a losing streak and you should even lower the stakes yourself (in addition to your money management telling you to do so).
Thanks for the elaboration, sounds plausible to me. Do you have any fixed intervall for lowering your stake, eg every second loss?
Additionally, you mentioned that you may take a few days off on a losing streak. Is there any fixed number of consecutive losses which makes you pause or are we talking about a gut feeling which tells you that you should rather stop playing for a while?