[Black Pill] the importance of knowing when to Cash Out

[Altruist]

didnt you make a thread related to this recently?

would you say the average gambler (not average, actually, but any of them) understands the odds of them winning a ticket combining coefficients of, idk, 1.5, 1.3 and 1.25?

stupid question, though - 99% of them, including braindead op, can't even begin to attempt converting those (or those odds of other format) to statistical probability, they just memorized an outcome is more likely the closer the coefficient is to 1 (in the format i m using primarily)



today when i went to buy wine, i walked past some shit bar frequented by minimum wage alcoholics and overheard one of them spout that exact same "maaaaan, i just kneeeeeeeeew it was gonna end up like that, it was sooooooooo obvious from the start" negative iq garbage about some world cup game



the funny part (except to his wife and kids) is that he's gonna interpret this grotesque delusion (because he's had identical thoughts about 50 other outcomes, his brain is just cherrypicking them now without the fucking troglodyte realizing it on a conscious level) as a sign that ... he is closer than ever to getting rich off sports betting

absolutely insane. i wouldnt even ban it, i'd legally FORCE those morons to spend all their shitty income on betting and in casinos. at least we d have a horde of legit retards stopping respawning