If someone said they would give you 150K and walk away, or you had to win your POD (no more than a -110 fav) and you would be given 1 million$, you get nothing if you lose, what do you choose?
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we don't do hypotehicals here at sbr son
SBR Founder Join Date: 10/9/2005
We would all go for the million. I speak for everyone.![]()
CHARITY DONOR
11/25/2011
$25 donation
150k
SBR Founder Join Date: 7/20/2005
I would take the 150k just because I feel I could make more with it long term and it would take to long to rebuild from nothing back up to 150k... on the other hand if my roll was less then say 20-30k I would bet the whole thing on a 10-1 anyday, (or whatever) if the the true odds were 1-1... I feel that the time to rebuild from nothing to that amount would be fairly insigificant compared to EV I would be giving up passing on the bet...
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