Winston Churchill Had it Right When Learning to Bet Horses

I was reading an article regarding Crispin Porter and their Burger King ads on Adweek. http://www.adweek.com/aw/content_display/news/agency/e3i9ffdbbfa915bd89c4ff1ce4d0e77d892?pn=2

 

 

In the article is a quote from Winston Churchill - - 'Play for more than you can afford to lose and you'll learn the game"

 

Sounds like Churchill was a horse betting man!  He's right, of course.  When it comes to gambling, especially on horses, you have to learn how to play the game by taking risks.  That means not betting 1 to 5 shots at River Downs in a $5,000 claimer.

 

But it has to be a smart risk.  Which is where handicapping ability comes into play, right?