And that is why I don’t go to Vegas very often. The over/under on Joey Chesnut eating hot dogs was 74.5. I said that I would take the over. And then he ate, 74. Stuff like that kind of makes you go “Hunh?!” And yes, there was a betting line in Vegas on how many hot dogs he would eat. I bet that the books made money.
I’ve been to Vegas several times. There are no big loss stories and yes, I have lost money there. I know several people that go out there 3 or 4 times a year. “Yeah, I save up a couple of thousand to gamble on while I’m there.”
Me: Do you win?
Them: “No, but I can have fun for several days on that money.”
Me: Silently doing the math in my head of several days of fun, a couple of times a year and several thousand per trip.
Same person. “You spend how much on a show animal? That’s stupid.”
At this point, I normally begin to think out loud.
It may be stupid to spend thousands on a show animal. But, I prefer to gamble on a kid. It costs money to go to college and I am real sure that a kid will learn more real-world lessons from a show project than they will in college. Actually, the show animal can help them get through college. How? Work ethic, goal setting, priorities, win vs. loss, building a social network, time management, etc. Not to mention, they possibly could make money on a show animal and earn scholarships.
Ironically, Duke doesn’t have a wether goat in his pens yet. We’ve tried but some have been willing to gamble more than we have. No worries. But, I would bet that it won’t be long before there is one in there.