Quote:
Originally Posted by ShallowMind
In my personal experience, engaging knowingly in -EV gambling when you know so much about EV is about letting go of the responsibility and pressure that comes along with poker decisions. It's about enjoying self-inflicted variance devoid of any relevant decision making.
Ding. There's a really good scene in The Big Short, where Mark Baum, an obsessive, hyper over-stressed hedge fund manager, becomes disgusted with himself after he realizes an extremely well-researched ultra-longshot bet he's made in the financial market is going to pay off, but at enormous damage to other people who have no idea what's coming to them. Even some of his best friends might be financially ruined or left unemployed.
On the verge of puking he tells his dinner party that he's leaving "to go find moral redemption, at the roulette wheel."
Sometimes you just want to turn your brain off and go degenerate and whether you win or lose on a long enough timeline isn't really the point in that moment. It's like asking why do doctors do drugs sometimes.