= 27d567bc2d48d9f40e9ccc20ea370b15)
orangecat comments on Misleading the witness - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (112)
I got 3/3 and I would take the chance. My rational is that $60 is almost nothing. I can make that very quickly, and it won't buy much. I won't notice it in my monthly finances. $5000, on the other hand, is actually worth considering. That could change my month significantly (and impact the rest of my year as well). Would you rather have a 100% chance of getting a nickel, or a 0.01% chance of getting a small diamond?
That sort of attitude (among my opponents) is very helpful to my poker bankroll. You're giving up $60 for $50 of expected value. Even given your risk-seeking preference, surely you can find a better gamble. Putting it on a single number in roulette would be a better deal.