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I believe in any situation where mathematics determines your probability of succeeding (such as with most casino games), confidence is irrelevant.
The place I think confidence matters most is in interpersonal relationships and interactions.
The main reason I think it matters is because a person's confidence can rub off on others. The consequence of that is people like and trust confident people more and are more likely to follow confident people for that reason.
I'm of the belief that confidence matters any time an individual can change the probability of success with their actions.
The question is, how often does that come up?
originally posted by: FlyingFox
My friends and I would play a board game "Axis and Allies", which called for rolling handfuls of dice, ideally with 1 & 2s scoring hits.
My buddy Wayne, a practiced gamber would be seriously annoyed when I'd roll 15 dice and say 9 or 10 came up 1 & 2.
He'd yell "it's just not possible!" as I plucked his pieces from the board.
I went in to win, not to "play". There is a difference, and it matters.