Wednesday, May 09, 2007

Get Some Sleep

This makes you think those who go to bed really early, then wake up and hit the casinos about four in the morning to take advantage of the tired players might have it right.

From MSNBC:

Gamblers, though, make really good lab rats for researchers who want to understand what happens to decision making when someone is sleep deprived. And the research goes a long way to explaining why a sleepy Harris might choose to keep betting when he’d otherwise toss in his cards.

Scientists set up experiments in which people have a choice between a high-risk gamble with the opportunity for a big payout and a low-risk option that offers the prospect of more moderate gain. They compared the decisions made by well-rested gamblers and those who’ve been up for hours on end.

Sure enough, the studies showed that when sleep is curtailed, people are drawn to risky, but high-paying, options.

I know I have made some awful decisions when tired. It is interesting to see a possible biological reason beyond the obvious.

Anybody want to go to the race Saturday? We have two extras. We start drinking at 8:30 a.m. Cooking starts at 9:00 a.m. There will be a poker table. The race is late afternoon/evening. We take beer in, whoop it up for four hours (I have no idea what is going on, I just like to whoop it up), head back out to the field and fire the grill back up and wait for the crowds to clear before heading home. If you want to come let me know. You can buy the tickets if you drive here. If you fly, hell, I might buy them for you

3 comments:

Gary Carson said...

When I lived just a few blocks from a cardroom I showed up pretty much every morning about 4 am for doughnuts and some short-handed 10/20 or 1/2 NL. I'd leave when the day shift dealers drifted in about 9 am.

Back when the LA area cardrooms all had to close at 2am, Mike Caro claimed that if you could show up at 1:45 and be sure to get a seat right away (something you couldn't do) that you'd be able to make a living playing just that 15 minutes a day.

Stefan Klein said...

nice posts. It seems obvious, but how often do we just ignore our feelings and hit the wall with our heads later cause we were so retarded not to quit.

Littleacornman said...

Great article BP.Thanks for posting it.