JRMayne comments on Is Rationality Maximization of Expected Value? - Less Wrong

-23 Post author: AnlamK 22 September 2010 11:16PM

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Comment author: JRMayne 24 September 2010 08:53:05PM 0 points [-]

Hey, I'll do the survey on me:

A: Yes. Of course, if I do go to Vegas soon, that's a fait accompli (I bet on the Padres to win the NL and the Reds to win the World Series, among other bets.)

But in general, yes. I expect to win on the bets I place. I go to Las Vegas with my wife to play in the sun and see shows and enjoy the vibe, but I go one week a year by myself to win cash money.

B. If I come back a loser, the experience can still be OK. But I'm betting sports and playing poker, and I expect to win, so it's not quite so fun to lose. That said, a light gambling win - not enough to pay for the hotel, say - leaving me down considering expenses gives me enough hedons to incentivize coming back.

--JRM