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Why are players afraid of bluffing? Why are players afraid of bluffing?

03-03-2018 , 04:27 PM
What is it in human psychology that makes people unwilling to bluff for large sums of money?

Just natural risk aversion ? Irrational evaluation of ev of a bluff? That is overvaluing the impact of a failed bluff versus the gain from a suscessful bluff?
Why are players afraid of bluffing? Quote
03-03-2018 , 08:15 PM
Pretty much.

https://en.wikipedia.org/wiki/Loss_aversion
Quote:
loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose $5 than to find $5
Why are players afraid of bluffing? Quote
03-04-2018 , 08:48 AM
I know I have to fight it all the time.
Why are players afraid of bluffing? Quote

      
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