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Old 05-11-2006, 12:33 PM
sweeps sweeps is offline
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Default Re: Which would you choose?

By the way, you can adjust the numbers to make it something that would seem more realistic for your own situation... for example, a guaranteed $1,000 vs. 10% chance at $10,000, etc.
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Old 05-11-2006, 02:40 PM
Haku Haku is offline
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Default Re: Which would you choose?

Ah, thanks for the explanation, sweeps.

I admit I am on the bearish side as well, but I do try to be rational and look at the numbers first. If the odds are good enough, I'll play it! Wouldn't make sense not to.

In your classic scenario though, I would have chosen A for both, but only because the numbers doesn't show any incentive to risk it. Individual risk is too high, and group strategy would only break even.
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