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Sounds wrong, that would essentially be saying one should play the cheapest level of all lotteries.
by Semaphor 4y ago
Sounds wrong, that would essentially be saying one should play the cheapest level of all lotteries.
- mellavora 4y agonaw, it is probably based on the assumption that the payout can be life-changing big. risking pocket change to win big is quasi-reasonable, even though it is a loosing bet. Because you don't notice the downside/drawdowns. risking more than pocket change is not reasonable, because it is a loosing bet. NB: I don't play the lottery.
- lupire 4y agoSimilarly, you should make small high-upside bets bets like "strike up a chat with a as stranger"