09-17-2015, 02:49 PM
http://www.npr.org/2015/07/22/425377064/...-the-world
I remember this podcast from a few months ago. In it, Megan McArdle talks about tweaks you can do to improve your life. In it, she discusses betting against yourself (basically, hedging), and she brings up betting against your team:
So, that's my strategy. I'm going to bet* against Stanford and hope I lose the bet.
USC 27, Stanford 13
* No actual money, just in the picks.
I remember this podcast from a few months ago. In it, Megan McArdle talks about tweaks you can do to improve your life. In it, she discusses betting against yourself (basically, hedging), and she brings up betting against your team:
Quote:MEGAN MCARDLE: Well, I think sports is probably the best example and this is going to make me unpopular, but look, if you really love your team, you know, lay a little bet on the team on the other side.
GOLDSTEIN: If, for example, you're a fan of San Diego Padres, bet against the Padres, just a little, just enough to take the edge off if things don't go your way.
MCARDLE: Then when something bad happens, you've got that little psychological backstop, you know, like, I won money. Everyone loves winning money.
So, that's my strategy. I'm going to bet* against Stanford and hope I lose the bet.
USC 27, Stanford 13
* No actual money, just in the picks.

