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Author Topic: Double or Nothing  (Read 1962 times)
tabas
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October 25, 2016, 10:51:17 AM
 #81

Here's a thought experiment

If I offered you $100, you could take it and walk away.
Or, you could double it or lose it all based on a coin flip.

Now, you're presented with a situation where if you take the double down, and you lose, have you really lost anything?
You never had anything to begin with until I made you this offer. Would you feel regret for not taking the $100 in the first place?

Thoughts?  Grin

Well if I will become on that situation I will make the wisest decision, if the condition is to make it double by just coin tossing then I won't risk that money even that is just came from free giveaway or gift. I will just going to walk away and say thanks to you. And will invest into something better even though it will take a lot of time to make it double but I lesser chance of losing it.

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October 25, 2016, 11:37:40 AM
 #82

Here's a thought experiment

If I offered you $100, you could take it and walk away.
Or, you could double it or lose it all based on a coin flip.

Now, you're presented with a situation where if you take the double down, and you lose, have you really lost anything?
You never had anything to begin with until I made you this offer. Would you feel regret for not taking the $100 in the first place?

Thoughts?  Grin
I would take 100$ and walk away too, since even if I want to double or nothing I will do it in a better way, by betting them on sports betting why would I simply flip a coin to decide my future ?
LOL anyways let me know when you need my addy for 100 USD  ( I wont mind a 1000 too ) hehe Tongue

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October 25, 2016, 11:44:20 AM
 #83

I'd rather take $100 and walk away then half of it will put on some investment / doing it on gambling.. then the rest ($50) will keep on my pocket.. anyway it's just free.  Grin

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Labumi
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October 25, 2016, 01:46:15 PM
 #84

I'd rather take $100 and walk away then half of it will put on some investment / doing it on gambling.. then the rest ($50) will keep on my pocket.. anyway it's just free.  Grin

ahahahaha good, you are indeed very intelligent. so if we want to get the profit they must be bold in doing tirakat or more closer to God in order to be given the easiest way not to reduce a little blessed and given by God. Doubling more important done by those who have a good spirit, because that is something that does not exist here
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October 25, 2016, 03:56:33 PM
 #85

I'd rather take $100 and walk away then half of it will put on some investment / doing it on gambling.. then the rest ($50) will keep on my pocket.. anyway it's just free.  Grin

I will also do that. Except that i will put the $100 into investment. Since it is free money and i have no use for it, i will put it into use of generating more money for me. I believe in financial freedom so i am working towards that.
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October 25, 2016, 04:18:44 PM
 #86

I will give it couple of tries to make it increase because it easy to convince myself that it was never my money. I have seen playing with free money or bonus money many times worked for me and brought me few times more than initial money with what I started. I will definitely will go to gamble why not to try my luck with risk free.
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October 25, 2016, 04:34:19 PM
 #87

I will walk away with that free $100 rather than trying to double it loss it. I don't trust my luck over gambling ever as i have just few bad experience with gambling in past.

Yeah it's already an easy $100 so why waste it. Even if there's a chance that you can double it in a coin toss, I still wouldn't risk it. It's hard to earn 100dollars these days so if I get to have one for free I'd probably spend it elsewhere where I can enjoy it more.


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lite
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October 25, 2016, 05:30:49 PM
Last edit: October 25, 2016, 05:43:08 PM by lite
 #88

I will give it couple of tries to make it increase because it easy to convince myself that it was never my money. I have seen playing with free money or bonus money many times worked for me and brought me few times more than initial money with what I started. I will definitely will go to gamble why not to try my luck with risk free.
I think i'll do the same but with only $25, i'll save or invest $75 somewhere. i won't regret it, if i lost those $25. because i would've gotten it for free. Roll Eyes
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October 25, 2016, 05:52:02 PM
 #89

Here's a thought experiment

If I offered you $100, you could take it and walk away.
Or, you could double it or lose it all based on a coin flip.

Now, you're presented with a situation where if you take the double down, and you lose, have you really lost anything?
You never had anything to begin with until I made you this offer. Would you feel regret for not taking the $100 in the first place?

Thoughts?  Grin

I would take 100$ and walk away with it. Its not really if you flip coin and lose you didn't lose anything, you lost 100$ which are yours now. It doesn't matter if they are free or you did some work for them, you own them. Would you think the same way about 1000$? Or 10000$? What about 1$  Grin
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October 25, 2016, 06:07:20 PM
 #90

To say it in a simple manner If some one offers me $100 I will take it and do what I like it instead of gambling and chances of losing are more.

So theory of you offering will not apply since I am getting it for free though but still has $100 value anyways.
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October 25, 2016, 06:15:49 PM
 #91

That is still decent amount to own. I will take $ 100 and would prefer to walk away with this amount of money. I do believe in making profits in small amounts and getting this money without doing anything is something to appreciate. I will not do gamble with this amount what I will get if this happens.
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October 25, 2016, 06:32:03 PM
 #92

This sounds interesting. If we bet the given money and lose then we feel sad as if we lost but at the same time it is not very true, because this is not our money to lose. Well, we lose the money which was potentially ours, I guess. So we do lose in this case. And if I had such a situation, I wouldn't take 100$ from somebody I don't know and without some specific reason.

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October 26, 2016, 06:35:29 AM
 #93

i would take the 100$ instead of gambling it because you might lose all and 100$ is a little bit big but for those who is greedy they would choose to gamble it instead i know its 49% chance of winning
I would take a risk and gamble for double or NOTHING !
Because see I had nothing in beginning and I would love to see a 200 dollars rather than a 100 dollars, I would consider it as a free bet of 100 dollars and hence gamble it away. Whats the catch in taking the simple 100 dollars ?
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October 26, 2016, 03:06:11 PM
 #94

Here's a thought experiment

If I offered you $100, you could take it and walk away.
Or, you could double it or lose it all based on a coin flip.

Now, you're presented with a situation where if you take the double down, and you lose, have you really lost anything?
You never had anything to begin with until I made you this offer. Would you feel regret for not taking the $100 in the first place?

Thoughts?  Grin
If You Give Me 100$ Then I Do Some Business With It like Trading, Buying Selling Of Digital Goods Or Any Other Activities Which Will Give Me Profit and Try To Gain As Much As Profit I Can With Trading And All the Ways Of Gaining Profits.....
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October 26, 2016, 04:51:14 PM
 #95

I would absolutely take the $100.  I have much better uses to put it to than to gamble it away--at least not in the way that OP suggested.  I'd put it toward shares in a good dividend-paying stock and make it work for me.  50/50 is just chance, and I never liked those odds.  Not in medicine, not in money.
Indeed even if we were to double the money then there are much better and less risky ways, I think I would take the 100 USD and then invest in some coins or even if I was to gamble, I would do it in small parts and hence more chances of winning though slow.
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October 26, 2016, 07:41:16 PM
 #96

I would take that $100 and i would gamble it as you wish too but i would only spend the 50% of it and then the other 50% would be invested in the same bankroll if lose then i still got my 50% lol haha am i just making sense here?
Makes sense but very sleek, I think its pretty dumb idea for anyone to gamble the money they get, as such suppose someone gets the 200 USD on winning, he will want to double that too and so on unless he either becomes Bill Gates or ends up on a zero.

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October 26, 2016, 11:37:13 PM
 #97

Here's a thought experiment

If I offered you $100, you could take it and walk away.
Or, you could double it or lose it all based on a coin flip.

Now, you're presented with a situation where if you take the double down, and you lose, have you really lost anything?
You never had anything to begin with until I made you this offer. Would you feel regret for not taking the $100 in the first place?

Thoughts?  Grin

Good question. I would want to take the $100 and walk away but then as you say I will think but if I lose I don't really lose anything.
Then I think but wait I do.... I was given something now I am risking it just to double it when I could just walk and know I made $100.
Double edged sword that.

 
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October 26, 2016, 11:48:55 PM
 #98

I think i prefer to walk away with 100$, eventhough is tempting but for me it is important to quit while winning, so rather than i lose and regret, i better keep 100$ safe in my pocket
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October 27, 2016, 02:01:23 AM
 #99

Here's a thought experiment

If I offered you $100, you could take it and walk away.
Or, you could double it or lose it all based on a coin flip.

Now, you're presented with a situation where if you take the double down, and you lose, have you really lost anything?
You never had anything to begin with until I made you this offer. Would you feel regret for not taking the $100 in the first place?

Thoughts?  Grin

Good question. I would want to take the $100 and walk away but then as you say I will think but if I lose I don't really lose anything.
Then I think but wait I do.... I was given something now I am risking it just to double it when I could just walk and know I made $100.
Double edged sword that.
If I get this offer without thinking anything, i will accept your challenge. Means I will try to double this amount. I will try all methods what have in my mind. With my real money, i can not try more new strategies. Becasue I am not interested to put my money at risk. If you give me money means, i will implement all my new strategies and will try to double your investment.
boyptc
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October 27, 2016, 03:25:45 AM
 #100

I think i prefer to walk away with 100$, eventhough is tempting but for me it is important to quit while winning, so rather than i lose and regret, i better keep 100$ safe in my pocket

Me too I will just going to walk away and smile with that $100, since I always wanted to be in safe haven. That is what I am going to do and I won't risk that with such a flip coin the whole amount, maybe I am going to do that for $10 only or else I won't or even maybe I will going to join some ICO's for making that amount double with less risk.

.
SPIN

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[/ta
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