thomblake comments on I'm confused. Could someone help? - Less Wrong

-2 Post author: CronoDAS 23 March 2009 05:26AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (10)

You are viewing a single comment's thread.

Comment author: thomblake 24 March 2009 08:10:27PM 1 point [-]

I think this is one intuitive leap that could help:

You're supposing it's reasonable to assume that you'll never have to pay out in your lifetime. Anyone taking your bet, then, can just as much assume that they'll never win in your lifetime.

So it's as balanced as one should expect - if you obviously should offer the bet, then anyone else just as obviously shouldn't take it.