Poker"DEMOCRACY": It’s psychologically satisfying to maintain a long winning streak. Which statement about such a streak is most true?
(a) It’s important to try to keep the streak alive as long as you can afford to do so;
(b) You might be losing money overall by extending a winning streak;
(c) The more days in a row you win, the more days in a row you’ll probably lose in the future;
(d) Players who have the longest winning streaks are, on average, poker’s biggest lifetime winners.
`Poker"DEMOCRACY":Answer: (b). You might cause yourself to lose
overall by trying to extend a win streak. That’s because you’re likely
to force yourself to play longer under poor conditions — when you’re
losing — and quit prematurely to chalk up the win under the better
conditions — when you’re ahead.
Poker"DEMOCRACY"
