Current Events > Would you rather have a guaranteed $2, or a 1/50,000 chance at $30k?

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MrMelodramatic
12/25/22 8:47:37 PM
#1:


No investment or purchase required


tell me

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KiwiTerraRizing
12/25/22 8:49:59 PM
#2:


Give the $2 to my haters so Ill be driven to earn $3.

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Hoodroar
12/25/22 8:50:50 PM
#3:


$2

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CE_gonna_CE
12/25/22 8:51:17 PM
#4:


Yes, I play the lottery sometimes

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frozenstar
12/25/22 8:51:45 PM
#5:


a lot of scratcher addicts, it seems

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MabusIncarnate
12/25/22 8:53:03 PM
#6:


Risk it, I can find $2 in my couch probably.

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mustachedmystic
12/25/22 8:56:11 PM
#7:


With $2 i could buy a lottery ticket, or some dental floss, but with 30k I could get dat car Ive been looking to buy.

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Glob
12/25/22 9:04:35 PM
#8:


An insignificant amount of money or an insignificant chance of getting a significant amount of money?

At least the second option has the potential for significance, even if its unlikely.
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Solar_Crimson
12/25/22 9:05:09 PM
#9:


I'll take the chance for $30k.

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Nukazie
12/25/22 9:07:55 PM
#10:


give me the money

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Ezekiel2320
12/25/22 9:09:19 PM
#11:


I don't have $30K sitting in my center console.

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thronedfire2
12/25/22 9:10:33 PM
#12:


obviously the gamble

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fire_bolt
12/25/22 9:11:15 PM
#13:


$2 is borderline worthless. $30,000 is life changing money to me. Even at low odds, the chance for something to reset my debt is far more worthwhile than being able to buy an extra candy bar this week

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Spiderman23J
12/25/22 9:18:01 PM
#14:


thronedfire2 posted...
obviously the gamble


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MrMelodramatic
12/25/22 9:49:29 PM
#15:


surprised by the results tbh.

my sister gave us lotto scratchers today. My mom won $2, and offered to trade me her winning ticket for my un-scratched ticket. Back of the ticket says 1/50000 chance for the jackpot. Easiest trade Ive made all week - no way I was going to win more than she already had.

tl;dr I now have $2 my mom is homeless

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Hoodroar
12/25/22 9:51:38 PM
#16:


MrMelodramatic posted...
surprised by the results tbh.

my sister gave us lotto scratchers today. My mom won $2, and offered to trade me her winning ticket for my un-scratched ticket. Back of the ticket says 1/50000 chance for the jackpot. Easiest trade Ive made all week - no way I was going to win more than she already had.

tl;dr I now have $2 my mom is homeless

rekt

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thronedfire2
12/25/22 9:59:10 PM
#17:


I won $10 on a $1 ticket I won playing LCR

so, double gambling win

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Trumble
12/25/22 10:00:31 PM
#18:


I'll take it. I'm not going to miss two bucks.

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bsp77
12/25/22 10:03:30 PM
#19:


What would I possibly need with $2?

Also...

https://m.youtube.com/watch?v=LdF_Vo4B6Ms

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uwnim
12/25/22 10:08:00 PM
#20:


$2 has the higher expected value. But if this was a one shot and you were offering to hand me $2 in cash or the 2nd option, I'd probably take the 2nd just because I wouldn't care about the guaranteed money. I'd probably end up with nothing, but I'd be no worse off than I would have been if I hadn't encountered this situation.

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bsp77
12/25/22 10:14:12 PM
#21:


uwnim posted...
$2 has the higher expected value. But if this was a one shot and you were offering to hand me $2 in cash or the 2nd option, I'd probably take the 2nd just because I wouldn't care about the guaranteed money. I'd probably end up with nothing, but I'd be no worse off than I would have been if I hadn't encountered this situation.
I honestly don't understand why anyone would take the $2. Like it is essentially worthless. Whether I have a $0 gain or a $2 gain is the exact same thing in the long term.

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Vicious_Dios
12/25/22 10:22:52 PM
#22:


I'll take a guaranteed pristine vintage two dollar bill (with the red stripe) please.

Sell it to a serious buyer for twice that.

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Tmaster148
12/25/22 10:23:26 PM
#23:


$2 doesn't really buy you anything. Even items that cost under $2 can still cost more after taxes. A chance for $30,000 even if small has more value than $2. That's why your mom was traded the ticket.

Now if the scenario was $100 or a 1/50,000 chance at $30K you would see a lot more people taking the $100, because $100 can actually buy you things.

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Hoodroar
12/25/22 11:06:11 PM
#24:


bsp77 posted...

I honestly don't understand why anyone would take the $2. Like it is essentially worthless. Whether I have a $0 gain or a $2 gain is the exact same thing in the long term.

I'm poor. It matters.

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Ezekiel2320
12/25/22 11:11:40 PM
#25:


Hoodroar posted...
I'm poor. It matters.

If you live indoors and have wifi, $2 can't possibly be that big a win.

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Cobra1010
12/25/22 11:18:08 PM
#26:


Can i take the 2 dollars to buy some scratch card with better chances than 0.002%?

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ElatedVenusaur
12/25/22 11:22:13 PM
#27:


Cobra1010 posted...
Can i take the 2 dollars to buy some scratch card with better chances than 0.002%?
Huh, I didn't think of that. $2 is an entire inconsequential sum, whereas $30k is nice.

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MrMelodramatic
12/25/22 11:24:56 PM
#28:


Cobra1010 posted...
Can i take the 2 dollars to buy some scratch card with better chances than 0.002%?
Yes

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