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I suppose. But there's a difference between "mathematical potential payoff" and how much I will risk on the flip of a coin. And as far as I can tell, the amount
by aristus 18y ago
I suppose. But there's a difference between "mathematical potential payoff" and how much I will risk on the flip of a coin. And as far as I can tell, the amount I pay has no effect on the odds or rules. So, three bucks.
- trjordan 18y agoOh, absolutely, and that's the point of the question. My guess is that the answer "three bucks" and the answer "Well, the expected payoff is infinite, but ... three bucks" is the difference between the door and an offer.