Two essential elements of free will—internal locus of control and confident self-efficacy—have been studied extensively by psychologists but neglected by philosophers. As a result of this neglect, philosophers have worked with a distorted view of free will. Existentialists exaggerate internal locus of control while undercutting self-efficacy; most contemporary philosophers have taken both internal locus of control and self-efficacy for granted, ignoring their importance and the problems generated by their absence. By taking advantage of psychological research on internal locus of control and self-efficacy, this paper develops a richer and more realistic account of the value of free choice and the real threats to free will.