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No I don't think that works. Many people buy lottery tickets and really think they are going to win. Movie tickets to entice people with false hopes of riches.
by dinkumthinkum 13y ago
No I don't think that works. Many people buy lottery tickets and really think they are going to win. Movie tickets to entice people with false hopes of riches. They also don't involve gambling addiction.
- Fomite 13y agoBuying a lottery ticket is rational if the cost of the ticket is offset by the relative increase in your pleasure that comes from dreaming of winning. For example, if you gain >$price of a Powerball ticket worth's of entertainment from musing about how you'd spend the prize, it's a rational purchase. On the other hand, buying two tickets isn't rational. You get no extra dreaming, and your expectation of winning hasn't moved essentially at all.