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When I came up with the idea for finl, I was not entirely surprised that finl.com was squatted, and given that finl is unlikely to ever make money (since my bus

by dhosek 3y ago

When I came up with the idea for finl, I was not entirely surprised that finl.com was squatted, and given that finl is unlikely to ever make money (since my business plan is to not be a business), the asking price of $53,000 is entirely out of line. I maybe will switch to a different tld than .xyz at some point in the future, but for now, barring a lottery win (which would require buying a lottery ticket, I suppose), I’ll never have the .com and that’s fine.

MrVandemar 3y ago
> barring a lottery win (which would require buying a lottery ticket, I suppose) It's not impossible to win the lottery without buying ticket. Someone can give you one. You could find one on the street. etc. There's also saying "buying a lottery ticket only very slightly increases your odds of winning it".
- jasomill 3y ago
  Worse: buying a ticket generally decreases your expected net lottery winnings, as the expected value of a lottery ticket is almost always lower than its purchase price. The only likely exceptions I'm aware of that don't require either cheating or inside information are atypically large progressive jackpots without commensurate increases in ticket sales (unlikely exceptions include finding exploitable patterns in inadequately randomized draws before they're otherwise brought to the attention of lottery operators). For the record, my own personal net lottery winnings total nearly $400, consisting almost entirely of gifts and winning scratch-offs I've picked up off the ground (slightly more than $400 in winnings less $5–10 I've spent buying three or four tickets in my life).
  - dhosek 3y ago
    I buy one lottery ticket a year, on my birthday. A lotto quick-pick. Fantasizing about what I’d do with the jackpot for a couple days is worth the buck a year. My total winnings in a lifetime is $2. There was some group that determined that it was possible to get a return of slightly over 1.0 on lottery tickets (I forget all the parameters, although the one I remember was playing numbers only greater than 31 to reduce the odds of sharing the jackpot with people who play birthdays/anniversaries/etc) and the return time to get slightly over 1.0 was several thousand years (this is all based on memories that are 30ish years old, so I may have some details wrong).

by dhosek 3y ago

MrVandemar 3y ago

> barring a lottery win (which would require buying a lottery ticket, I suppose) It's not impossible to win the lottery without buying ticket. Someone can give you one. You could find one on the street. etc. There's also saying "buying a lottery ticket only very slightly increases your odds of winning it".

jasomill 3y ago
Worse: buying a ticket generally decreases your expected net lottery winnings, as the expected value of a lottery ticket is almost always lower than its purchase price. The only likely exceptions I'm aware of that don't require either cheating or inside information are atypically large progressive jackpots without commensurate increases in ticket sales (unlikely exceptions include finding exploitable patterns in inadequately randomized draws before they're otherwise brought to the attention of lottery operators). For the record, my own personal net lottery winnings total nearly $400, consisting almost entirely of gifts and winning scratch-offs I've picked up off the ground (slightly more than $400 in winnings less $5–10 I've spent buying three or four tickets in my life).
- dhosek 3y ago
  I buy one lottery ticket a year, on my birthday. A lotto quick-pick. Fantasizing about what I’d do with the jackpot for a couple days is worth the buck a year. My total winnings in a lifetime is $2. There was some group that determined that it was possible to get a return of slightly over 1.0 on lottery tickets (I forget all the parameters, although the one I remember was playing numbers only greater than 31 to reduce the odds of sharing the jackpot with people who play birthdays/anniversaries/etc) and the return time to get slightly over 1.0 was several thousand years (this is all based on memories that are 30ish years old, so I may have some details wrong).