1000 BTC BET!

[teppy]

In Dragon's Tale we've had at least two bets of 200 BTC each, and each one came up a winner (950 BTC paid out each.) Also at least one 100 BTC bet on a coconut tree (which I think was a loss), and a bunch of 60 BTC bets on benches.

Teppy

[dooglus]

I guess a better question than "are you in?" is:

What would the chances of winning need to be for you to be in?  At which point does it switch from a 'no' to a 'yes'.

Mathematically speaking, you 'should' play if the chance to win is a fraction over 50%.  But I wouldn't.  I'd definitely play if the chance of winning was 99%.  But where's the line?  It's so hard to decide.

I expect the Kelly Criterion would have something to say about this.  But he'd want to know what your total bankroll was before he's say anything useful.

[gadman2]

I've went to the nearest casino and dropped a whole tax refund check (aprox 4000$) on a high stakes hand of black jack and won .

[monbux]

I've went to the nearest casino and dropped a whole tax refund check (aprox 4000$) on a high stakes hand of black jack and won .

How much did you win?   How is this relevant to the topic, other than cool, lucky, and big wins? 

[antiycda]

blackjack?

[johny1976]

Heey!

so what? Would you bet in this game or not?

With 60% odds of winning, sure why not!

But you have 40% chance to lost it all... Still u're in?

I would not be in, no matter how fair it is.   I don't like putting big amounts of my money in online gambling :/  Why is this a general idea?  What's the point?   Are you going to make one or not?

Haha no, I'm not really gonna make one.

Cause I'm pretty sure you don't have the funds to...

I'm pretty sure too