logoalt Hacker News

fwipyesterday at 6:39 PM1 replyview on HN

The payout is much higher if you make an unlikely thing happen. "Unlikely things" in politics & warfare are probably highly correlated with irrational or irresponsible decisions.


Replies

Dylan16807today at 3:32 AM

If you're in a decision-making position you have lots of events passing by. Your limits are in trying not to get caught, not in searching for the biggest ratios for single bets.

Also there's plenty of things that are unlikely because they're specific, not because they're irrational. Things happening in specific date ranges are an easy one.