3 ms·
> I'm not a fan of lotteries either but when someone plays a lottery, they have fair odds of winning. You do realize that lotteries have negative expected valu
by qeternity 6y ago
> I'm not a fan of lotteries either but when someone plays a lottery, they have fair odds of winning.
You do realize that lotteries have negative expected value right? That means that the net losses of losers exceed the net gains of winners...it's the epitome of unfair.
> With trading, most of the time, they will lose and someone with millions in the bank will win.
This just sounds like someone with an anti Wall Street chip on their shoulder. In most industries, the "winners" have millions in the bank...that's how they got the millions.