Shooting Dice With the Bubbleheads

My hands were sweaty as I nervously darted my eyes around  the craps table .  I was the pariah because I was “betting on the don’t line“.  This particular strategy can be extraordinarily frustrating when a table gets hot.  It requires a bettor to double up his stake each time he is incorrect.  It takes incredible faith in the mathematical probability of a negative result.

“Seven Out!” yelled the croupier.

Victory, while inevitable, doesn’t really feel that sweet.    I risked $2500 to win five bucks.  I  proved my strategy to the reckless gamblers betting the other way. I yelped exuberantly, not for my intellectual superiority, but in relief that my bet, the family vacation money, hadn’t disappeared.  While I was yelping, the players at my table were pocketing pink and black chips and cheering raucously.  Confused, I learned that they were collecting chips every time those dice hit various numbers on the way to making ten straight points.

Now craps may seem like a poor analogy to the real estate market.  It really isn’t.

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Happy New Year Active Rain!

This article is posted on Bloodhound Blog today and will be posted on NELA Live and America's Most Opinionated Mortgage Broker.