Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> an unrealistic maladaptive cope

I like betting myself, but I don't think abstaining from betting is maladaptive at all. Most of the bets we encounter in the real world are negative EV.



What do you like about betting?

> Most of the bets we encounter in the real world are negative EV.

Yeah that's why I don't like betting. It feels not smart, for me especially. But people who make the right bets can make very large otherwise unrealizable gains.


I like betting because I find it fun to quantify probabilities of future events, and having a ~small amount of money at stake keeps me motivated to follow through on whether I was right.

I do think there are positive EV bets to be had on prediction markets though, they are mosty not efficient.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: