3 ms·
This reminds me of the old scheme where if you just bet against ND football you'd make money because ND fans were so rabid that the "ND is good" positions becam
by KPGv2 9mo ago
This reminds me of the old scheme where if you just bet against ND football you'd make money because ND fans were so rabid that the "ND is good" positions became overpriced.
- hbarka 9mo agoYes, in the study they pinpointed this beautifully: “A fan betting on their team to win the championship is not calculating expected value; they are purchasing hope.”