I'd take the 50 G easily, especially with the very low cost of living in my city. 50 G is the equivalent of maybe 200,000 in most of the places you guys live.
You have people making lousy money in Winnipeg owning lavish homes and driving nice cars and living very comfortably. One of the few great things about my city.
You have people making lousy money in Winnipeg owning lavish homes and driving nice cars and living very comfortably. One of the few great things about my city.
10% of a million is 100k.
100k is twice of 50k
easily the reasonable shot at the million, for me !
add some zeros, I'll take the sure money, though !
make it 100 million, or 5 million.... I'll take the sure 5M, that's enough for me for life, don't need 100M, screw the +EV of it.
10M chance or 500k for sure...is about the point where I think about it, and lean to the 500k.
100k is twice of 50k
easily the reasonable shot at the million, for me !
add some zeros, I'll take the sure money, though !
make it 100 million, or 5 million.... I'll take the sure 5M, that's enough for me for life, don't need 100M, screw the +EV of it.
10M chance or 500k for sure...is about the point where I think about it, and lean to the 500k.
I assume it's a legit 10% chance at the million.
There is a point where you automatically take this +EV situation.
$1,000 or $50, go for the dime. Everybody should
$100,000 or $5,000.... about the same....unless you really need 5k badly.
beyond that it becomes personal and customized to your situation.
100M or 5M is a no brainer for me, 5M is enough.
Sure, Illini !
At the low end go for the overlay, until it hurts !
At the high end .... money loses utility at some point.
Do you really have any difference in your like with 100 M , or a billion ? I think not much difference.
5M is plenty for me. I'm 45, don't expect to live past 70.
Give me 5M, I might spend 100k a year, so I'm good for 50 years, barring stuff like a heart attack or other medical stuff...but you're toast then anyways, so it doesn't matter.
Hell, I might as well spend 200k a year for life with 5M !
That's plenty of spending money for somebody as frugal as me.
At the low end go for the overlay, until it hurts !
At the high end .... money loses utility at some point.
Do you really have any difference in your like with 100 M , or a billion ? I think not much difference.
5M is plenty for me. I'm 45, don't expect to live past 70.
Give me 5M, I might spend 100k a year, so I'm good for 50 years, barring stuff like a heart attack or other medical stuff...but you're toast then anyways, so it doesn't matter.
Hell, I might as well spend 200k a year for life with 5M !
That's plenty of spending money for somebody as frugal as me.
Mathematically yes 10% is 10% but theoretically the odds change as the number increases.
Example:
If I said ask 10 girls out on a date and one of them will say yes. Then you will hear a yes by the tenth attempt.
Now apply that same theory to 100. If I said ask 100 girls out on a date and 10 will say yes. You might have to ask 40 girls out before you hear your first yes.
Apples to Oranges, hosnatcher.
nothing changed, you still had a 10% chance with the 1st chick.
now after 39 straight "Fuck No's", your ego might be bruised, but on the brighter side you now have 9 of 60 remaining that must say YES.
It's still 10%
I wouldn't care if I get the theoretical million via 1 pick of ten, or 100,000 of a million.
same thing
10% is still 10% !, assuming a fair selection method or lottery.
You are adding a condition after the game started.
