Hacker News new | ask | show | jobs
by floobertoober 595 days ago
For me personally, I placed a bet for my non-favored candidate so that either my person wins, or I win some amount of money. I'm using it kind of like insurance or hedging. Unfortunately if enough people use it this way, it probably no longer works as a predictor
1 comments

I thought about doing this as well but ended up viewing it personally as a "lose-lose" for myself rather than a "win-win". I wonder if that says anything about my risk-aversion.
It means you are not a degenerate gambler. You probably also do not enjoy slot machines, or the bullshit that passes for card games in a casino. I want to play blackjack, not "blackjack" where you change the allowed bets and rules specifically to increase the house edge thank you very much.
Do you feel the same way about insurance in general?