komponisto comments on Rationality Quotes - June 2009 - Less Wrong

8 Post author: pjeby 14 June 2009 10:00PM

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Comment author: John_Maxwell_IV 15 June 2009 07:24:37PM *  4 points [-]

I'll bet that a survey of lottery players would reveal that more than 50% know they lose money on average by playing the lottery. If not, a survey of people at slot machines would be even more likely to produce this result.

Gambling is about thrill.

Comment author: komponisto 15 June 2009 07:48:32PM 3 points [-]

That may be. And yet it's still a tax on those (perhaps a minority) who don't understand the math.