The bet you took just to feel something

Revenge bets look like analysis. They feel like decisions. They're usually neither.

There are two types of bets: decision bets and action bets. A decision bet starts with analysis and ends with a wager. An action bet starts with an impulse -- to be involved, to recover a feeling, to prove something -- and works backward to find justification. Both happen. Mixing them up is where the damage occurs.