“From a rational standpoint, it might be expected that man should be far more willing to express financial confidence in his skills rather than risking his earnings on the mindless meanderings of chance. Experience, however, has strongly indicated the reverse proposition to hold true.”

Source: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Ten, Games Of Pure Skill And Competitive Computers, p. 337

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Richard Arnold Epstein 27
American physicist 1927

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