Usign Bayes theorem we can show that, even though people who win in poker or sports betting are infinitely more likely to bet or play again than people who lose, that there are so many people gambling on the weekend and earning a paycheck during the week, that survival rates don't substantially change the texture of sports betting or poker. Or if they do, at least the texture change operates slowly and steadily in one direction over a period of years, rather than being complex or cyclical.


In most stock-market situations, the current pool of players is not mostly newcomers, but a large percentage of people who have survived previous or recent rounds. Add to that the different nature of a football bet where your bets don't affect the skill of the players, and the stock market where the bets actually change the supply and demand and cause the outcome, and you find there is almost nothing more dangerous than stock-market "knowledge!"


So that is why I came back at your question with an incomprehensible gobbledygook. Because that is what people are in for if they start down that path.


eLROY