5 ms·
> 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
by paulgb 9mo ago
> 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.
- timcobb 9mo agoWhat 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.
- paulgb 9mo agoI 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.