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Poker Discussion
General Poker
Why do losing players keep playing?
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[QUOTE="vinnie, post: 3190357, member: 95995"] Even losing players win sometimes. And, they remember the times they win and consider them more important than the times they lose. It is like most gambling games. In the long run, they stand no chance, but they can sometimes show a profit from a session. They remember that session. I wrote a program, once, that demonstrated this to someone I worked with who loved casino tables games. They told me that they won a lot of the times they played. In the program, they played a short-ish session (typical for them of about 50 hands), and were up or down at the end according to the odds. In the end, the computer won over 40% of the sessions. But, the long term results were right in line with what the odds said. They were losing right in line with what the percentages said. But, you could see why they believed they were winning. They won almost half the time they sat down to play! This is what keeps people playing. Poker isn't as forgiving, the edges against bad players can be astonishing. But, it provides the opportunity for huge wins. They will remember that time they sucked out for a $700 pot, and not the 10 other pots where they put in $200 and missed. [/QUOTE]
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Why do losing players keep playing?
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