Gambling

Went to Foxwoods yesterday as planned. We bankrolled Brett, for his birthday, so he could play holdem and not worry about losing his own money. Got there around 11:30 and he played for the next 4 hours! He ended up losing $100 but, at one point early on, was up $500. What to do? stay or keep on playing. Are you there to make money or for the experience of playing? With gambling, just like investing, you need to have "rules". When to do what. I "donated" $40 to the tribe myself but I was clear that I was not going beyond that. I spent a lot of time reading and observing. Interestingly the place was packed. I could say that it was all retired people but not so. Seems to me that many people have work schedules that now allow for such adventures during the workday. I think this is a good thing but sure different for someone like me who was essentially 7-3 for 35 years. On a cultural note there were lots of asian folks there. It was noticeable because they all seemed to be in one room. There were a lot of asian dealers too. Gambling is not for me, I'm afraid to lose money so I'll never slide that next bill into the machine that could result in the big win. I'm pretty much done once I've lost $100. Like most people I write that off to the cost of the entertainment. I also believe that I've already been extremely lucky in the things in life that count. Snow is falling now and a mess is on the way, yuck.