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But there is a third option, as well:

- they see through your bluff, and punish you for it

So, it is a risky endeavor, since you don't know the mind of your opponent.

And so it makes sens to only take such risks when your opponent has the upper hand, as you mention.

But then you become predictable — when you behave erratically, people know you are in your death throes, and not a real threat.

So, you have to mix some erratic behavior in when you are in a strong position, too, to keep them guessing. But then you are weakening your game overall...

And on and on it goes (:

It's like an arms race, but circular rather than one-directional.




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