Casinos and business have gone hand in hand for decades. Gambling houses have become popular places for entertaining clients, and some of the world’s most successful gamblers are also known to be dragons in the business world. David Einhorn, Andy Frankenberger, and Phil Galfond have all found success in both the business and the gambling worlds. It seems that there is a strong link between business acumen and ability at the tables.
Casino Games Are Used as a Way to Wind Down
Casinos are often found in the business regions of thriving cities, ready to welcome suits to the tables after a hard day at the office. Over time, a strong connection between casinos and businesspeople has developed, with the gambling houses regarded by many as their favourite places to wind down.
Nowadays, this form of leisure isn’t just restricted to physical buildings. Indeed, online entrepreneurs who work wherever they feel like are also able to enjoy downtime at casinos. The only difference is that their gambling houses of choice exist online. There are plenty of fun online casino games available to suit all sorts of players. These include slots like Mustang Gold and table games such as Premium Roulette. Live dealer games may appeal to businesspeople, as these are where the most famous entrepreneurial gamblers like to spend their time.
Businesspeople Know How to Take Calculated Risks
One of the main reasons why it tends to be businesspeople congregating around physical and virtual casino tables is because they are adept at calculating risks. In the business world, those who want to be successful know that they need to take a leap into uncertainty every now and then. They also know that failure is part and parcel of the journey to making it in the business world, and are trained to pick themselves up after they lose.
Look at Elon Musk, for example. He has failed and recovered on numerous occasions in his astounding career. One of his first ventures, PayPal, was initially voted the worst business concept of the year. Tesla also lost millions before it became profitable.
The lessons learnt from business can be applied at the casino tables. Businesspeople know that they are going to lose from time to time, but it’s how they react to it that counts.
Entrepreneurs May Have More Cash to Gamble
The link between casino games and businesspeople could have something to do with the shared skills between the two things. However, it could also be down to the fact that wealthy entrepreneurs simply have more cash to stake at the tables. These people also tend to stake higher amounts so when they win, it is more noticeable.
There is a strong connection between gambling games and businesspeople. A lot of the attributes required to succeed in either gambling or business can be applied to the other. Whether they are generally more adept at casino games than others, though, is open for debate.
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