bgrah449 comments on Winning the Unwinnable - Less Wrong

4 Post author: JRMayne 21 January 2010 03:01AM

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Comment author: bgrah449 21 January 2010 05:10:10AM 3 points [-]

If I'm reading this analysis correctly, it depends on other players irrationally buying tickets to drive the price up to the point where expected payoff is positive for the next player. Copies of JRMayne could not all play the lottery in this fashion every week for a year and come out ahead.