I believe the response to this is that the actual increased willingness to bet is way higher than could possibly be justified by the paltry amounts won. If e.g

I believe the response to this is that the actual increased willingness to bet is way higher than could possibly be justified by the paltry amounts won. If e.g. your net worth is 10k, you win 500, and suddenly you're twice as willing to bet 500, something is off.