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> I also don’t think it’s really comparable to the lottery. It’s like playing the lottery if you could easily afford to have a 1-5% chance of winning... in whic
by gtowey 8y ago
> I also don’t think it’s really comparable to the lottery. It’s like playing the lottery if you could easily afford to have a 1-5% chance of winning... in which case it wouldn’t be such a bad idea to play for many people.
Really? Roulette has odds of 37:1 for a single number which is about a 2.7% chance. Would you take $300k that you could otherwise earn in salary and place it all on a single number? The payout would be 10.5 million which far more than anyone I know expects to get from their stock options even with a pretty good outcome. You'd still be insane to walk into a casino in Vegas and make that bet.
- danenania 8y agoI would, assuming that if I lost: - I could pay off the 300k over the next 8 years. - The loss would be tax-deductible. - I could somehow know for sure I'd have a job where I'd still net at least 120k per year during that period (after the loss). - It would somehow grant me multiple years-worth of extremely valuable skills and experience, new friends and connections, and the chance to be intellectually challenged and satisfied. I think that would definitely be the most popular roulette wheel in Vegas!
- bigcostooge2 8y agoTax deductibility is your sticking point? Go do it with 30k. 1M payout, and you won’t go broke.