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Notes -
Yep.
I think its less awkward when its actually a norm, but sometimes it does get used as a backhanded way to 'beat' someone by claiming "hah, you don't actually believe [thing] unless you put money on it!" Sometimes there's just too much uncertainty or the terms are inherently poorly-defined, even if the belief is tightly-held.
But that said, man, when you know there's some status hanging in the balance (i.e. if you 'lose' a few bets people might keep using that to undermine your arguments in the future), even if you're perfectly calibrated (i.e. you win your 50% bets 50% of the time) a couple losses in a row can make you feel like you're losing face.
Prediction markets offer a decent alternative because it makes the situation less directly adversarial. I would kill for there to be a way to publish your own positions in a way that others can verify and take positions 'against' yours, without it locking both of you into "one must win, the other must lose" proposition.
I understand the reluctance to put money on the table, but it doesn't have to be this way, gentlemen's bets are a thing as well. The feeling of losing face might be a bigger issue, but I think one can learn not to take it thay way.
Meh, I'm kind of sour on the rationalist idea of calibration. Too easy to game by making predictions about things that no one cares about, and are easier to gauge.
You know, this is a valid point. "my calibration is perfect when it comes to predicting coin flips, dice rolls, and card turns!"
That's the benefit to a somewhat adversarial system, you're forced to actually pick something that someone reasonably disagrees with you about and cares enough about to take on some risk. so it must be more meaningful.
I'm pretty close to that. I'm actually getting a little flippant about tossing out bets, even if I'm not too interested in the topic.
I actually made 50 bucks on Kalshi yesterday betting that Starship wouldn't launch, on the logic that if it didn't launch, I would be sad, and money would cheer me up some.
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