3 ms·
When the payoff for not hitting a certain monetary threshold is extremely negative and out of proportion to the amount of money in question (lose your wife/hous
by bermanoid 13y ago
When the payoff for not hitting a certain monetary threshold is extremely negative and out of proportion to the amount of money in question (lose your wife/house/family/life) that can actually change that calculus, and taking a losing bet is your best move in the absence of other options.