Current Events > Would rather have a 65% chance at winning $1,000,000 or 99% at winning $500,000

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jugs 03/16/18 8:47:07 PM #1:	hmm? <cite>jugs posted [p:897943602] in Would rath... [t:76423250]...</cite> <quote>hmm?</quote> ... Copied to Clipboard!
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Error1355 03/16/18 8:49:13 PM #3:	$500K plz. --- This life is just a game we play, that we can never win. But don't give up, no don't give up. <cite>Error1355 posted [p:897943703] in Would rath... [t:76423250]...</cite> <quote>$500K plz.</quote> ... Copied to Clipboard!
DiegoSanchez206 03/16/18 8:49:29 PM #4:	500k --- Down goes Ohio State! https://youtu.be/IRqr8X6w6bo <cite>DiegoSanchez206 posted [p:897943709] in Would rath... [t:76423250]...</cite> <quote>500k</quote> ... Copied to Clipboard!
Giant_Aspirin 03/16/18 8:49:34 PM #5:	99% chance. $500k combined with what i already have saved would put me real, real close to retirement. --- Playing: Shadow of the Colossus (PS4), Owlboy (PC) *(~);} - Get out the pans, don't just stand there dreamin' - {;(~)* <cite>Giant_Aspirin posted [p:897943714] in Would rath... [t:76423250]...</cite> <quote>99% chance. $500k combined with what i already have saved would put me real, real close to retirement.</quote> ... Copied to Clipboard!
Antifar 03/16/18 8:50:33 PM #6:	99 --- kin to all that throbs <cite>Antifar posted [p:897943766] in Would rath... [t:76423250]...</cite> <quote>99</quote> ... Copied to Clipboard!
sktgamer_13dude 03/16/18 8:51:55 PM #7:	EV is better with the 65% but 99% would definitely be my choice. --- http://i.imgur.com/jWVrg9U.gif http://i.imgur.com/g2efUtT.jpg http://i.imgur.com/5dOwhaP.jpg http://i.imgur.com/LVdqu8J.gif Go Cougs and M's #DI4B <cite>sktgamer_13dude posted [p:897943836] in Would rath... [t:76423250]...</cite> <quote>EV is better with the 65% but 99% would definitely be my choice.</quote> ... Copied to Clipboard!
BewmHedshot 03/16/18 8:51:57 PM #8:	Funny thing is if you divided both amounts by 10,000 everyone would pick the 65%. --- Cavaliers: ONCE <cite>BewmHedshot posted [p:897943837] in Would rath... [t:76423250]...</cite> <quote>Funny thing is if you divided both amounts by 10,000 everyone would pick the 65%.</quote> ... Copied to Clipboard!
Cosmic_Diabetic 03/16/18 8:52:35 PM #9:	the 99% With my luck though I'm going to be that 1% :/ --- Others find humanity by looking in their own hearts. Only lost souls need to search for it outside themselves." <cite>Cosmic_Diabetic posted [p:897943861] in Would rath... [t:76423250]...</cite> <quote>the 99% With my luck though I'm going to be that 1% :/</quote> ... Copied to Clipboard!
TheCyborgNinja 03/16/18 8:53:32 PM #10:	$500k. I'm not lucky. --- "message parlor" ? do you mean the post office ? - SlayerX888 <cite>TheCyborgNinja posted [p:897943898] in Would rath... [t:76423250]...</cite> <quote>$500k. I'm not lucky.</quote> ... Copied to Clipboard!
legendarylemur 03/16/18 8:54:05 PM #11:	It doesn't matter if the theoretical return of the 65% is higher than the return of 99% and 500k. The 99% just has an overall higher value for me --- "Iwata was awesome" - Mr. Nintendo Click here to unlock the meaning of life! <cite>legendarylemur posted [p:897943924] in Would rath... [t:76423250]...</cite> <quote>It doesn't matter if the theoretical return of the 65% is higher than the return of 99% and 500k. The 99% just has an overall higher value for me</quote> ... Copied to Clipboard!
Sada_Pop 03/16/18 8:54:38 PM #12:	I don't know how this is even a choice. --- People would have you believe that the accusation of racism is more offensive than ACTUAL racism. <cite>Sada_Pop posted [p:897943956] in Would rath... [t:76423250]...</cite> <quote>I don't know how this is even a choice.</quote> ... Copied to Clipboard!
powerman1426 03/16/18 8:55:42 PM #13:	99% at winning $500,000 This one --- Troll free https://www.gamefaqs.com/boards/1439-the-help-desk https://gamefaqs.gamespot.com/boards/1309-tradesmen-and-diyers http://i.imgtc.com/6wdOONn9kF.gif <cite>powerman1426 posted [p:897944017] in Would rath... [t:76423250]...</cite> <quote>99% at winning $500,000 This one</quote> ... Copied to Clipboard!
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ChainedRedone 03/16/18 8:57:31 PM #15:	Sada_Pop posted... I don't know how this is even a choice. Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000. --- David Mink. Hero. https://c1.staticflickr.com/7/6043/6337878059_009dd4c4f3_z.jpg <cite>ChainedRedone posted [p:897944109] in Would rath... [t:76423250]...</cite> <quote><cite>Sada_Pop posted...</cite> <quote>I don't know how this is even a choice.</quote> Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000.</quote> ... Copied to Clipboard!
Payzmaykr 03/16/18 8:58:18 PM #16:	Id go for the $500,000. --- Make America great again! <cite>Payzmaykr posted [p:897944142] in Would rath... [t:76423250]...</cite> <quote>Id go for the $500,000.</quote> ... Copied to Clipboard!
R_Jackal 03/16/18 8:58:56 PM #17:	500k. It's enough seed money to turn it in to the 1m and it's borderline guaranteed. Plus I'm a kinda simple guy. I'd likely build me a badass gaming room setup and sit on the rest. <cite>R_Jackal posted [p:897944175] in Would rath... [t:76423250]...</cite> <quote>500k. It's enough seed money to turn it in to the 1m and it's borderline guaranteed. Plus I'm a kinda simple guy. I'd likely build me a badass gaming room setup and sit on the rest.</quote> ... Copied to Clipboard!
Sada_Pop 03/16/18 8:59:17 PM #18:	ChainedRedone posted... Sada_Pop posted... I don't know how this is even a choice. Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000. Care to explain the math behind this? --- People would have you believe that the accusation of racism is more offensive than ACTUAL racism. <cite>Sada_Pop posted [p:897944196] in Would rath... [t:76423250]...</cite> <quote><cite>ChainedRedone posted...</cite> <quote><cite>Sada_Pop posted...</cite> <quote>I don't know how this is even a choice.</quote> Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000.</quote> Care to explain the math behind this?</quote> ... Copied to Clipboard!
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Kajagogo 03/16/18 9:00:52 PM #20:	I'll go with the 500K. --- By Grabthar's Hammer....what a savings. <cite>Kajagogo posted [p:897944258] in Would rath... [t:76423250]...</cite> <quote>I'll go with the 500K.</quote> ... Copied to Clipboard!
MuayThai85 03/16/18 9:02:23 PM #21:	TheCyborgNinja posted... $500k. I'm not lucky. This and I'd likely be the 1% who loses it as well. --- How can one person post so much stupid s***? <cite>MuayThai85 posted [p:897944323] in Would rath... [t:76423250]...</cite> <quote><cite>TheCyborgNinja posted...</cite> <quote>$500k. I'm not lucky.</quote> This and I'd likely be the 1% who loses it as well.</quote> ... Copied to Clipboard!
Anarchy_Juiblex 03/16/18 9:03:02 PM #22:	ChainedRedone posted... Sada_Pop posted... I don't know how this is even a choice. Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000. Mathematically, the $1m might yield more on average but that's not really the question TC is asking. --- "Tolerance of intolerance is cowardice." ~ Ayaan Hirsi Ali <cite>Anarchy_Juiblex posted [p:897944360] in Would rath... [t:76423250]...</cite> <quote><cite>ChainedRedone posted...</cite> <quote><cite>Sada_Pop posted...</cite> <quote>I don't know how this is even a choice.</quote> Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000.</quote> Mathematically, the $1m might yield more on average but that's not really the question TC is asking.</quote> ... Copied to Clipboard!
legendarylemur 03/16/18 9:03:22 PM #23:	It's elementary level prospect theory. Nothing anything too shocking. On the most basic level, the choice you should make is like comparing a1 * .65 * 1000000 against a2 * .99 * 500000 Where a is your aversion graph to risk and it changes depending on the percentage of earning 0. A much more interesting question would be 4% chance to get 1,000,000 and 8% chance to get 500,000 --- "Iwata was awesome" - Mr. Nintendo Click here to unlock the meaning of life! <cite>legendarylemur posted [p:897944383] in Would rath... [t:76423250]...</cite> <quote>It's elementary level prospect theory. Nothing anything too shocking. On the most basic level, the choice you should make is like comparing a1 * .65 * 1000000 against a2 * .99 * 500000 Where a is your aversion graph to risk and it changes depending on the percentage of earning 0. A much more interesting question would be 4% chance to get 1,000,000 and 8% chance to get 500,000</quote> ... Copied to Clipboard!
ChainedRedone 03/16/18 9:03:49 PM #24:	Sada_Pop posted... ChainedRedone posted... Sada_Pop posted... I don't know how this is even a choice. Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000. Care to explain the math behind this? 0.651,000,000>0.99500,000 The reason why the 99% is going to be favored by most but the filthy rich is because most people see nearly as much utility in 500k as they do 1000k. --- David Mink. Hero. https://c1.staticflickr.com/7/6043/6337878059_009dd4c4f3_z.jpg <cite>ChainedRedone posted [p:897944414] in Would rath... [t:76423250]...</cite> <quote><cite>Sada_Pop posted...</cite> <quote><cite>ChainedRedone posted...</cite> <quote><cite>Sada_Pop posted...</cite> <quote>I don't know how this is even a choice.</quote> Mathematically 65% is the correct choice. But $1million isn't going to make anyone much happier than $500,000.</quote> Care to explain the math behind this?</quote> 0.651,000,000>0.99500,000 The reason why the 99% is going to be favored by most but the filthy rich is because most people see nearly as much utility in 500k as they do 1000k.</quote> ... Copied to Clipboard!
VTBM 03/16/18 9:04:37 PM #25:	99%, get the 1%. --- http://darkvisionsofterror.bandcamp.com/ http://i.imgur.com/e7sCCSb.png http://i.imgtc.com/AlmbdTG49T.jpg <cite>VTBM posted [p:897944464] in Would rath... [t:76423250]...</cite> <quote>99%, get the 1%.</quote> ... Copied to Clipboard!
jugs 03/16/18 9:08:18 PM #26:	For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged? <cite>jugs posted [p:897944676] in Would rath... [t:76423250]...</cite> <quote>For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged?</quote> ... Copied to Clipboard!
Tyranthraxus 03/16/18 9:10:30 PM #27:	jugs posted... For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged? 99 --- https://puu.sh/tcLsT/24f4611235.png https://i.imgur.com/dQgC4kv.jpg <cite>Tyranthraxus posted [p:897944797] in Would rath... [t:76423250]...</cite> <quote><cite>jugs posted...</cite> <quote>For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged?</quote> 99</quote> ... Copied to Clipboard!
Sayoria 03/16/18 9:10:58 PM #28:	I take 65% chances on my gacha game at enhancing my weapons. I get 65% on average of about 1/10 tries. No thank you. I'll go 99, even though I've failed three or four times at 98%. --- Japanese Crack: http://www.dailymotion.com/video/x5pzggr <cite>Sayoria posted [p:897944822] in Would rath... [t:76423250]...</cite> <quote>I take 65% chances on my gacha game at enhancing my weapons. I get 65% on average of about 1/10 tries. No thank you. I'll go 99, even though I've failed three or four times at 98%.</quote> ... Copied to Clipboard!
WilliamPorygon 03/16/18 9:13:34 PM #29:	I'd go for the $500k jugs posted... For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged? Probably... 90%? I mean neither amount is enough to get me to the point where I could invest and live comfortably just off the interest and I'd be really happy with the 500k. --- Love dolphins and whales? Come hang out at Cetacea Cove! https://www.gamefaqs.com/boards/1404-cetacea-cove <cite>WilliamPorygon posted [p:897944950] in Would rath... [t:76423250]...</cite> <quote>I'd go for the $500k <cite>jugs posted...</cite> <quote>For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged?</quote> Probably... 90%? I mean neither amount is enough to get me to the point where I could invest and live comfortably just off the interest and I'd be really happy with the 500k.</quote> ... Copied to Clipboard!
bevan306 03/16/18 9:14:34 PM #30:	unless you're already pretty wealthy this isn't even a choice --- http://rateyourmusic.com/~bevan http://i.imgur.com/5Ta28.jpg <cite>bevan306 posted [p:897944992] in Would rath... [t:76423250]...</cite> <quote>unless you're already pretty wealthy this isn't even a choice</quote> ... Copied to Clipboard!
Pepys Monster 03/16/18 9:14:57 PM #31:	That $500,000 will help me travel with bae and afford our wedding. --- I <3 my bae. <cite>Pepys Monster posted [p:897945013] in Would rath... [t:76423250]...</cite> <quote>That $500,000 will help me travel with bae and afford our wedding.</quote> ... Copied to Clipboard!
orcus_snake 03/16/18 9:23:09 PM #32:	jugs posted... For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged? 80% Played enough pokemon to see Thunder fail "often" at 75% and played enough FE on Lunatic to risk 80%ers on counters that would kill my character and restart the whole fucking map. --- "Warwick are you jungling" "No I'm standing by the wolves because I miss my family" <cite>orcus_snake posted [p:897945401] in Would rath... [t:76423250]...</cite> <quote><cite>jugs posted...</cite> <quote>For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged?</quote> 80% Played enough pokemon to see Thunder fail "often" at 75% and played enough FE on Lunatic to risk 80%ers on counters that would kill my character and restart the whole fucking map.</quote> ... Copied to Clipboard!
Tyranthraxus 03/16/18 9:27:37 PM #33:	orcus_snake posted... jugs posted... For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged? 80% Played enough pokemon to see Thunder fail "often" at 75% and played enough FE on Lunatic to risk 80%ers on counters that would kill my character and restart the whole fucking map. I think it was revealed after some people did datamining into X-COM that there is a hidden "pity" counter that keeps going up every successful attack you do and when it hits the limit your next attack is a miss regardless of what the actual % chance to hit is. Devs said it was done this way because QA found it trivial to make it so that you could complete the whole game without getting a scratch. --- https://puu.sh/tcLsT/24f4611235.png https://i.imgur.com/dQgC4kv.jpg <cite>Tyranthraxus posted [p:897945638] in Would rath... [t:76423250]...</cite> <quote><cite>orcus_snake posted...</cite> <quote><cite>jugs posted...</cite> <quote>For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged?</quote> 80% Played enough pokemon to see Thunder fail "often" at 75% and played enough FE on Lunatic to risk 80%ers on counters that would kill my character and restart the whole fucking map.</quote> I think it was revealed after some people did datamining into X-COM that there is a hidden "pity" counter that keeps going up every successful attack you do and when it hits the limit your next attack is a miss regardless of what the actual % chance to hit is. Devs said it was done this way because QA found it trivial to make it so that you could complete the whole game without getting a scratch.</quote> ... Copied to Clipboard!
DarkTransient 03/16/18 9:31:43 PM #34:	EV of first option: $650,000 EV of second option: $495,000 Statistically, the first option is the better bet. However, given the magnitude of the prizes both in absolute terms and relative to the cost (I'm presuming this costs nothing to enter), as well as the fact that this is a one-shot chance (again, presumed), I'll take the safer option and take the 99% chance of $500k. --- http://www.facebook.com/loaocos/ https://www.youtube.com/watch?v=SAfJB3KYYDg <cite>DarkTransient posted [p:897945833] in Would rath... [t:76423250]...</cite> <quote>EV of first option: $650,000 EV of second option: $495,000 Statistically, the first option is the better bet. However, given the magnitude of the prizes both in absolute terms and relative to the cost (I'm presuming this costs nothing to enter), as well as the fact that this is a one-shot chance (again, presumed), I'll take the safer option and take the 99% chance of $500k.</quote> ... Copied to Clipboard!
Anarchy_Juiblex 03/16/18 9:53:00 PM #35:	jugs posted... For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged? 90% probably. Maybe 80 if I'm feeling froggy but $500k changes my life enough --- "Tolerance of intolerance is cowardice." ~ Ayaan Hirsi Ali <cite>Anarchy_Juiblex posted [p:897946852] in Would rath... [t:76423250]...</cite> <quote><cite>jugs posted...</cite> <quote>For those that chose the nearly guaranteed $500k: What is the lowest percent chance of winning the $1M such that you choose to go for the $1M, everything else unchanged?</quote> 90% probably. Maybe 80 if I'm feeling froggy but $500k changes my life enough</quote> ... Copied to Clipboard!
0AbsoluteZero0 03/16/18 9:58:08 PM #36:	Pepys Monster posted... That $500,000 will help me travel with bae and afford our wedding. @Bullet_Wing @SSBBSB @MorningRose @electricbugs2 Pepys is now talking about marrying this alleged bae that hes been with for what, two weeks? This story has officially jumped the shark --- -The Admirable <cite>0AbsoluteZero0 posted [p:897947102] in Would rath... [t:76423250]...</cite> <quote><cite>Pepys Monster posted...</cite> <quote>That $500,000 will help me travel with bae and afford our wedding.</quote> @Bullet_Wing @SSBBSB @MorningRose @electricbugs2 Pepys is now talking about marrying this alleged bae that hes been with for what, two weeks? This story has officially jumped the shark </quote> ... Copied to Clipboard!
electricbugs2 03/16/18 9:59:23 PM #37:	0AbsoluteZero0 posted... Pepys is now talking about marrying this bae that hes been with for what, two weeks? This story has officially jumped the shark That happened a long time ago. This is just the cherry to top it off. --- Is sticking your tongue on a 9-volt battery a masculine gesture?-Questionmarktarius <cite>electricbugs2 posted [p:897947164] in Would rath... [t:76423250]...</cite> <quote><cite>0AbsoluteZero0 posted...</cite> <quote>Pepys is now talking about marrying this bae that hes been with for what, two weeks? This story has officially jumped the shark </quote> That happened a long time ago. This is just the cherry to top it off.</quote> ... Copied to Clipboard!
_RETS_ 03/16/18 10:00:23 PM #38:	R_Jackal posted... 500k. It's enough seed money to turn it in to the 1m and it's borderline guaranteed. Only correct answer. It is essentially 99% chance you get a million dollars for the second option if you don't blow your money. <cite>_RETS_ posted [p:897947218] in Would rath... [t:76423250]...</cite> <quote><cite>R_Jackal posted...</cite> <quote>500k. It's enough seed money to turn it in to the 1m and it's borderline guaranteed. </quote> Only correct answer. It is essentially 99% chance you get a million dollars for the second option if you don't blow your money.</quote> ... Copied to Clipboard!
Pepys Monster 03/16/18 10:08:17 PM #39:	0AbsoluteZero0 posted... Pepys is now talking about marrying this alleged bae that hes been with for what, two weeks? This story has officially jumped the shark I would like to get married. I'm 29 and not getting any younger. And she seems like a good option, much better than the late 20s girls on dating sites I used to talk to. I just have to wait until the time is right. Also, we've known each other for a month, not two weeks. --- I <3 my bae. <cite>Pepys Monster posted [p:897947580] in Would rath... [t:76423250]...</cite> <quote><cite>0AbsoluteZero0 posted...</cite> <quote>Pepys is now talking about marrying this alleged bae that hes been with for what, two weeks? This story has officially jumped the shark </quote> I would like to get married. I'm 29 and not getting any younger. And she seems like a good option, much better than the late 20s girls on dating sites I used to talk to. I just have to wait until the time is right. Also, we've known each other for a month, not two weeks.</quote> ... Copied to Clipboard!
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Current Events > Would rather have a 65% chance at winning $1,000,000 or 99% at winning $500,000 (+) Yeah! (+)

Current Events > Would rather have a 65% chance at winning $1,000,000 or 99% at winning $500,000