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[-] GCostanzaStepOnMe@feddit.de 68 points 1 year ago

It's fifty fifty. Either you win money, or you don't.

[-] anolemmi@lemmi.social 37 points 1 year ago

Just got two Powerball tix for tonight, thanks! Since one ticket is 50%, two should basically guarantee I win!

Gonna go kick my boss in the balls and walk out, should be fine, right? Probably.

[-] son_named_bort@lemmy.world 5 points 1 year ago

I see no flaws here.

[-] Karyoplasma@discuss.tchncs.de 3 points 1 year ago

Correct. Do it like Homer and use you boss's head as bongos.

[-] Honytawk@lemmy.zip 5 points 1 year ago

That would imply the one organising the gambling isn't taking a cut.

[-] GCostanzaStepOnMe@feddit.de 3 points 1 year ago

Nah you're wrong

[-] Kruemel@feddit.de 27 points 1 year ago

Sorry i'm the boring guy. It is (more than) 20 times more probable to lose 100% than to win 2000% in most gambling.

[-] ifGoingToCrashDont@lemmy.world 26 points 1 year ago

Actually it's 50%. Either you win or you don't: 50%.

/s

[-] The_Picard_Maneuver@startrek.website 18 points 1 year ago* (last edited 1 year ago)

You're going to get us kicked out of the casino talking like that!

[-] byroon@lemmy.world 5 points 1 year ago

That's just what the casinos want you to think. They don't want you taking their money!

[-] son_named_bort@lemmy.world 23 points 1 year ago

And if you lost 100% of your money last time, then you're due to win 2000% this time.

simultaneously laughs and sobs in leveraged investments

[-] Blackmist@feddit.uk 4 points 1 year ago

Leveraged "investments".

[-] Ddhuud@lemmy.world 10 points 1 year ago

There's this thing, called debt tho...

[-] v3x@lemm.ee 2 points 1 year ago

not if you gamble for long enough

statistically the longer you gamble, the higher the chance that you'll win and make your money back, it's math bro

[-] pipe01@lemmy.pipe01.net 10 points 1 year ago

Why stop at 2000%

[-] krakenx@lemmy.world 5 points 1 year ago

Don't forget that you lose 3% to inflation every year, and even more when we are in hyper-inflation like we are now.

Gambling in Wall Street's Casino is, by design, the only way to have a chance not to lose money.

[-] jayrodtheoldbod@midwest.social 4 points 1 year ago

That's how you sell monkey pictures my man now let's all go do coke until we get divorced, Leo will be there

[-] CyberCatBytes@kbin.social 3 points 1 year ago
this post was submitted on 11 Oct 2023
573 points (100.0% liked)

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