alt Hacker NewsMost gamblers prescribe to the cost sunk fallacy and keep 'one more time'ing it to bankruptcy.
Math wins over your feels every time.
Most gamblers prescribe to the cost sunk fallacy and keep 'one more time'ing it to bankruptcy.
Math wins over your feels every time.
If you follow your math, such gambling losers don't really have that much money to bet on an ongoing basis. The ones who support the losing side on prediction markets are the ones who usually do fine, but sometimes are taken by surprise.