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That's like saying you enjoy buying lottery tickets because you like to fantasize about what you're going to do with all the money once you get it.
by tonguez 5y ago
That's like saying you enjoy buying lottery tickets because you like to fantasize about what you're going to do with all the money once you get it.
- barbecue_sauce 5y agoThat seems accurate.
- Operyl 5y agoI mean, this is why I chuck 5 bucks in every once in a while. I know, realistically, I am not going to win, but the fantasy is a fun activity. The human brain is weird.
- abletonlive 5y agoThat's much more rational than buying lottery tickets because you are in desperate need of money.
- dandelany 5y agoHow else would you explain why people play the lottery? It's well-known that the expected value of any given ticket is negative (except in rare cases), unless you place some entertainment/fantasy value on playing.
- staticman2 5y agoWhy would you think lottery players are using your "expected value" model to decide whether to buy tickets? If I believe "I'm lucky" the expected value is positive.
- mbg721 5y agoThe expected value of insurance is also negative (it has to be, or else insurance companies wouldn't be able to pay their expenses), but people buy it for the same reason: the rare payoff is life-altering, while the much more common cost doesn't make much difference in comparison.
- deleted 5y ago[deleted]
- tarboreus 5y agoIsn't that the point of playing the lotto?
- suifbwish 5y agoIt’s true. If I won the (big) lotto I would no longer enjoy buying lottery tickets.