Poker Analogy
Poker Analogy
The question of 'how much to bet to win' is absurd.
Before 'how much to bet,' there's 'what kind of hand you have.'
It's not good to bet a lot with a bad hand.
However, there is a chance the opponent may fold.
It's also not good to bet too little with a good hand.
How much loss is still acceptable?
What seems obvious in the context of poker can become unclear in different situations.
Bet
Investment
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