Poll of the Day > You are give 95% chance to win the lottery

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Ogurisama
03/07/18 4:42:22 PM
#1:


But you have to drop 1000 usd

The amount you win is 1,000,000,000 usd after tax

Would you do it?
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Dikitain
03/07/18 4:45:06 PM
#2:


I don't want to win the lottery, too much headache.
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Blue_Thunder
03/07/18 4:46:01 PM
#3:


95% is too good to pass up.
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RCtheWSBC
03/07/18 4:51:05 PM
#4:


Yes, duh
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darkknight109
03/07/18 4:53:06 PM
#5:


Absolutely. Why would you not? If you had a 95% chance of winning for a $1 bil prize, anything up to $950 million would still be a sound ticket price.

$1000 is peanuts compared to that prize.
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JixHedgehog
03/07/18 4:55:00 PM
#6:


Yeah! Won't take long to get that $1,000 back even if I lose
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Yellow
03/07/18 4:55:50 PM
#7:


RCtheWSBC posted...
Yes, duh

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KogaSteelfang
03/07/18 4:57:10 PM
#8:


Absolutely.
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Ogurisama
03/07/18 5:01:27 PM
#9:


So what is your cutoff % wise to not take this?
Or what is your price cut off to not take a 5% risk
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FellWolf
03/07/18 5:07:02 PM
#10:


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Blue_Thunder
03/07/18 5:07:38 PM
#11:


Probably 85%. I prefer guaranteed gains myself.
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SmokeMassTree
03/07/18 5:10:08 PM
#12:


Ogurisama posted...
So what is your cutoff % wise to not take this?
Or what is your price cut off to not take a 5% risk


I'm good with anything above 25%

Winning a billion is just too tempting to not risk 1000

I'm not sure what you're asking with the 2nd question
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Ogurisama
03/07/18 5:14:14 PM
#13:


SmokeMassTree posted...
I'm not sure what you're asking with the 2nd question

How much money are you willing to spend/bet with the 95% chance to win (5% to lose)
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SmokeMassTree
03/07/18 5:19:10 PM
#14:


Ogurisama posted...
SmokeMassTree posted...
I'm not sure what you're asking with the 2nd question

How much money are you willing to spend/bet with the 95% chance to win (5% to lose)


All of it.

I'd put my entire checking/savings accounts up for those odds and that payout %.

Fuck I'd sell both of my houses, three cars, two bikes, and my stock portfolio if I had the time before the bet had to be made.
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Zeus
03/07/18 5:21:50 PM
#15:


Well, with that win rate and payout, it seems like a reasonably solid investment.
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PMarth2002
03/07/18 5:43:01 PM
#16:


Yeah.

Probably wouldn't do it for less than 70-75% odds. Losing a thousand dollars right now would really fuck me over. Hmm, actually I might still do it as low as 50% odds.
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ssj4supervegeta
03/07/18 5:47:17 PM
#17:


yes. if it was 51% or more i'd probably take that deal.
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Kyuubi4269
03/07/18 6:05:55 PM
#18:


I'd take on an investor to front the cost for 100k on payout.
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darkknight109
03/07/18 6:10:18 PM
#19:


Ogurisama posted...
So what is your cutoff % wise to not take this?
Or what is your price cut off to not take a 5% risk

Depends on my mood.

The cold logic part of my brain says probably $50k. While potentially losing that would really sting, I could still keep going without it.

Honestly, though, if someone said "here's your chance, but it's a $200k buy-in"... something tells me I'd pull the money together through loans/remortgaging to make it happen.

Once it gets above that, my ability to quickly generate that much money without selling my possessions or getting into predatory loans is limited.
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EvilMegas
03/07/18 6:32:00 PM
#20:


Blue_Thunder posted...
95% is too good to pass up.

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Troll_Police_
03/07/18 7:05:35 PM
#21:


i mean i guess, but i honestly have no idea what the fuck i would do with that much money.
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OhhhJa
03/07/18 7:15:18 PM
#22:


If you told me I had a one percent chance at a billion dollars and only had to spend a 1000 I'd do it.
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yutterh
03/07/18 7:18:37 PM
#23:


Nope, from my experience at playing games. That's still a 1/100 chance for me lol
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Troll_Police_
03/07/18 7:18:57 PM
#24:


OhhhJa posted...
If you told me I had a one percent chance at a billion dollars and only had to spend a 1000 I'd do it.


seriously. less than a billion even. that is a low risk, insanely high reward scenario with a statistically significant chance for success. you'd be an idiot not to take it.
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OhhhJa
03/07/18 7:26:49 PM
#25:


Troll_Police_ posted...
OhhhJa posted...
If you told me I had a one percent chance at a billion dollars and only had to spend a 1000 I'd do it.


seriously. less than a billion even. that is a low risk, insanely high reward scenario with a statistically significant chance for success. you'd be an idiot not to take it.

Yeah I'd honestly probably give it a shot for just a million
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Setsunahenry
03/07/18 8:07:28 PM
#26:


95% = Confirm lose.
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WHATZITUYA
03/07/18 9:28:50 PM
#27:


Of course. The real question is: can you still call it gambling?
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trodi_911
03/07/18 10:11:43 PM
#28:


I would buy 5 to super guarantee I get it.
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TheCyborgNinja
03/07/18 10:15:27 PM
#29:


Yeah, I would. It would be foolish not to. With that much money I could buy a huge plot of land and build a big wall around it to keep everyone out and live like a king.
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wwinterj25
03/07/18 10:18:27 PM
#30:


RCtheWSBC posted...
Yes, duh

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