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Author Topic: Double or Nothing  (Read 1959 times)
ghostbook (OP)
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September 20, 2016, 12:59:05 PM
 #1

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

Ghostbook - https://ghostbookdoyyvrs.onion.to/ :: http://ghostbookdoyyvrs.onion/ (for anonymous tor access)
mocacinno
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September 20, 2016, 01:04:40 PM
 #2

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'd take the $100 and walk away... I think it will differ from person to person, but i'm not a gambler. I'd rather have $100 in my pocket instead of having 50% chance of $200.

It would be more difficult if you said: i either offer you $100 directly, or a 50% chance of winning $250.... This would actually make me think about gambling the $100 away if i got those odds...
Same thing if you would offer $100 or a 60% chance of winning $200...

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Red-Apple
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September 20, 2016, 01:54:15 PM
 #3

If
- it is a real provably fair system that i have a fair chance of winning
- and if it is really a coin flip game with two outcome (heads or tails) and nothing in between

then i would take the money and will try my chance a couple of times. but i will keep the number low to max 3 to 5 times.

i am also not a regular gambler but i would never pass on a chance to make some bets for free and be able to win and double the amount.

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equator
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September 20, 2016, 01:55:07 PM
 #4

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 are giving me $100 in bitcoins then i will bet on the sports betting with a very secure bet let it be the odd low but i will bet all in and after winning i will start the same sports betting but with equal ration bets on all bets means i wont go all in. First time i am going because of your rule if not i will take $100 and start by sports betting betting management rule and divide it in 25% on each bet and start to betting.
roadbits
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September 20, 2016, 02:50:15 PM
 #5

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 are giving me $100 in bitcoins then i will bet on the sports betting with a very secure bet let it be the odd low but i will bet all in and after winning i will start the same sports betting but with equal ration bets on all bets means i wont go all in. First time i am going because of your rule if not i will take $100 and start by sports betting betting management rule and divide it in 25% on each bet and start to betting.

I will not go for all in Because sometimes my bad luck I will get unexpected results means 100$ will be gone in a single bet. So why should I take the risk? What I will do means I will also play sports betting I split your amount, and I will go low odds bets with different games. Suppose in one game I lose means other game I will make a profit. Within few days I will double your investment.
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September 20, 2016, 02:54:30 PM
 #6

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
At the moment I lose, yes i would feel regret but after a few minutes of i would realize as you said i never had anything to begin with so its not like I lost anything. But yes if anyone offers me 100$ i would rather just take it than gamble it right away.
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September 20, 2016, 02:59:08 PM
 #7

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 love to take them and try to double them, if i will win ahh that awesome and if i dont "Ooops" so no worries, because these are not my coins. By the way yes i lost more than 100$ lol, lost more than 1000$ in 1 Bet, and than i quit gambling for 10 days and than again started playing  Grin

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futurebit640
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September 20, 2016, 03:19:31 PM
 #8

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 love to take them and try to double them, if i will win ahh that awesome and if i dont "Ooops" so no worries, because these are not my coins. By the way yes i lost more than 100$ lol, lost more than 1000$ in 1 Bet, and than i quit gambling for 10 days and than again started playing  Grin
1000$ ? Seriously in which game you lost ? it means it's more than 1.5 BTC. You lost that much money and again after 10 days you back to gambling you are great mate.

Suppose if I get free 100$ coins to play. I will check my luck in all types of games in gambling. Because yes if I lose also I don't care it is extra money.
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September 20, 2016, 03:28:26 PM
 #9

I guess it depends what time of the month you asked me Grin

Shortly after I get paid - fuck it double or nothing Cheesy
End of the month before pay day - take the $100 & run Wink

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September 20, 2016, 03:32:32 PM
 #10

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 love to take them and try to double them, if i will win ahh that awesome and if i dont "Ooops" so no worries, because these are not my coins. By the way yes i lost more than 100$ lol, lost more than 1000$ in 1 Bet, and than i quit gambling for 10 days and than again started playing  Grin
1000$ ? Seriously in which game you lost ? it means it's more than 1.5 BTC. You lost that much money and again after 10 days you back to gambling you are great mate.

Suppose if I get free 100$ coins to play. I will check my luck in all types of games in gambling. Because yes if I lose also I don't care it is extra money.

1.8 BTC lol in those days. I lost those coins in betcoins, actually in those days they have issues with withdrawals, and i sent many request but they didnt respond me, and i just wager them in frustrated situation and lost. Thats my one bet and i lost more than 4-5btc in gambling overall.


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Docnaster
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September 20, 2016, 04:57:08 PM
 #11

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
This is really exciting if you offered me 100$ cash i will accept it and i will also accept the challenge with a risk why did i accept the challenge ? coz if the first place the 100$ is all free and how about if didn't saw you then therez no 100$ so i will flip a coin and take the 50% chance of winning to double it how if that money will be double as the OP said? then i make 200$ in a day haha thats awesome right?

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September 20, 2016, 05:06:45 PM
 #12

Well i wont be that much greedy and 100USD is also not a small of money for me so i would happily take that 100USD and never gonna think about double or nothing.Yes may be at that time if i have some substancial about of money then i can think about double or nothing,otherwise i would happily take that 100USD.
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September 20, 2016, 05:18:53 PM
 #13

I think so $100 is nice amount and it would be nice to take it as it is, because I am not a greedy person that is why I will not take risk to flip the coins with 50% chance and lose it for hope to make it double.
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September 20, 2016, 05:23:30 PM
 #14

I would take the $100 any day as long as I'm not indebted to someone who gave it to me Grin Also, if there exists a site that will do such a thing, I would say that it will go broke right before it started because people would have nothing to lose on that situation; they could just simply take whatever's offered and use it for something else lol. If in case I get greedy and do a coin flip, I won, I'm happy. But if I lose, I would surely regret what happened there and would keep thinking that I should have just get that $100 and simply walk away.

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September 20, 2016, 05:27:49 PM
 #15

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 will give try to my luck there because I have nothing to lose there, I am very confident if you will offer me to play there with $100 risk free money than I will make it double.
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September 20, 2016, 05:40:48 PM
 #16

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
Depends on the situation, if i'm need of money i'll gamble and try it to get it doubled if not i'll simply walk away with $100. but usually my first instinct will be to double it as everyone else's. Wink
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September 20, 2016, 05:53:00 PM
 #17

I have done this several times... in the altcoin trading market. I like to put a decent amount of BTC and wait for the altcoin to double my initial investment. I feel more confident doing this than going with a 50/50 provability fair roll.
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September 20, 2016, 05:55:14 PM
 #18

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'd regret taking $100 and not walking home.I can still gamble with the winning chances of 99% and split the $100 into rolls of $20 each,I could hopefully able to walk away with $110 safely. Wink

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traderethereum
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September 20, 2016, 05:57:08 PM
 #19

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 will take it $100 from you and then i will walk away with $100 in my pocket. i will not use $100 to play gambling because i am not good in gambling. maybe i will use for trading after i converted into bitcoin.

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September 20, 2016, 05:58:35 PM
 #20

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.

 
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