The 'Sliding Doors' Bet: If You Could Know the Outcome of One Historic Bet, Which Would You Choose?

Here's what's interesting: none of us are saying "I want to know if I should've bet MORE on a winning bet."

We all want to know about the bets we DIDN'T make or the paths we DIDN'T take.
 
Yeah I've lost plenty of bets but those don't haunt me.

The Wales Grand Slam bet I DIDN'T make haunts me.
 
Psychologically that makes sense. Loss from action hurts less than loss from inaction.

We regret what we didn't do more than what we did.
 
Omission bias.

Humans regret inaction more than action, even when outcomes identical.

Well-documented psychological phenomenon.
 
Is this why I keep thinking about that parlay??

Like I didn't even LOSE money, I just didn't win money!

But it bothers me more than bets I actually lost!
 
Exactly Princess. You didn't lose $20, you just didn't win $18,000.

But it feels worse than losing an actual bet.
 
mine is opposite though... i regret the action not the inaction... regret continuing to bet not stopping...
 
Conor yours is different because it's about addiction not betting strategy.

You regret the action that led to destructive pattern.
 
Conor's regret also about inaction technically.

Regrets not withdrawing, not stopping, not seeking help sooner.

Still omission bias, different framing.
 
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