Nov 07 2022

The Sunk Cost Fallacy in Poker

published by 888poker
in blog MyPokerCoaching
original entryThe Sunk Cost Fallacy in Poker


The sunk cost fallacy can be defined thusly: it is a phenomenon that occurs when a person has invested heavily into a strategy and is unwilling to abandon it, even when abandoning it would be most beneficial. This has applications in every day life and in poker. Recently, my adorable daughter couldn’t sleep. At midnight my loving wife and I...

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