Because we aren’t just gamblers. We are addicts to the possibility .
If you are staying in a situation just to prove you were right initially, you have already lost. Pride is the worst ante you can pay.
We’ve all heard Kenny Rogers’ iconic chorus: The Gambler
Today, look at your hand. Look at the pot. Look at the players across from you.
But here is the radical truth:
When you fold a bad hand in poker, you don't lose your stack. You lose the blinds —the small mandatory bet you had to put in to sit at the table. You lose a little bit to save a lot.
You can’t bluff forever. At some point, you need the actual cards. Do you have a plan? Do you have assets? Do you have leverage? Or are you just hoping? Hope is not a strategy. It’s a donation to the casino. Because we aren’t just gamblers
We stay because we have already invested so much. "I can’t quit now," we whisper. "I’m due for a win."