Aren’t you afraid that this might backfire in some way? They seem to be rather trusting of your bets, so later on they might become too trusting when it comes to betting larger amounts of money. They might be tricked into taking on a bet that’s too much in favor of the opposite side, because they learned from you that they could trust willingness to bet, even though that might not translate to other people.
Well, to strengthen Wilco’s point: With teaching kids, there are always a lot of failure modes. Example: They might not understand the reason they are losing the bet, not make the causal connection, learn to guess the teacher’s password, not calibrate correctly on it, learn to spot the intention instead of the method, or whatever else might go wrong. As a culture, we have not much practice applying betting in practice and much less teaching it to kids. So I think the skepticism is reasonable.
That said, I think almost all of these can be fixed by varying the bets and the context in which they occur, talking about it, and repeating when they grow older, i.e., not assuming they got it the first time around.
When you have more than one kid, repeating happens naturally as they grow older, which causes the younger ones to learn many things much earlier than their older ones. And the older ones can learn things much more deeply from multiple repetitions.
Aren’t you afraid that this might backfire in some way? They seem to be rather trusting of your bets, so later on they might become too trusting when it comes to betting larger amounts of money. They might be tricked into taking on a bet that’s too much in favor of the opposite side, because they learned from you that they could trust willingness to bet, even though that might not translate to other people.
I’m confused which lesson you think they might be erroneously learning from me? When I offer them bets they do usually lose.
Well, to strengthen Wilco’s point: With teaching kids, there are always a lot of failure modes. Example: They might not understand the reason they are losing the bet, not make the causal connection, learn to guess the teacher’s password, not calibrate correctly on it, learn to spot the intention instead of the method, or whatever else might go wrong. As a culture, we have not much practice applying betting in practice and much less teaching it to kids. So I think the skepticism is reasonable.
That said, I think almost all of these can be fixed by varying the bets and the context in which they occur, talking about it, and repeating when they grow older, i.e., not assuming they got it the first time around.
When you have more than one kid, repeating happens naturally as they grow older, which causes the younger ones to learn many things much earlier than their older ones. And the older ones can learn things much more deeply from multiple repetitions.
EDITED to improve spelling.