Which will u choose?etherpunk (75)in #question • 6 years ago A 0.1% chance to win $1,000,000 or a 100% chance to avoid losing $100?
Seriously first one.
hah now what about 0.01% chance to win $1,000,000 or a 100% chance to avoid losing $1000?
I have never bought a lottery once in my life. - -
there's no such thing in bkk right? i don't recall any casinos too. crypto is much much better than lottery anyway :)
Y'all of gambling age? okay, maybe i would say option 2 just to be different :)
is there a gambling age on the internet? haha..
I'd take Option #2, lol
What's my chance of loosing the $100?
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100% , if you choose the other haha
I'd probably keep spending $100 till I win
100/0.1 = 1 million is 1000 times larger than 100
100*1000 = 100,000 cost for 1000 chances to win (~100% chance)
1,000,000-100,000 = 900,000 profit
😂
I'd take Door #1, unless it involves all of my money, in which case I'd have to select the more conservative option.
That is basically paying $100 for a 1:100 chance to win $1m.... it would be more appealing if it was $10 for 1:100 Chance to win $100,000, or $1 for chance to win $10,000... I would go for the last one 10 times :)
$100 for a 1:1000 chance for $1m :D
$100 in exchange for the lottery ticket :)