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Question: What would you do?
Split the prize - 27 (62.8%)
Reroll - 16 (37.2%)
Total Voters: 43

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Author Topic: Split the prize or Reroll?  (Read 2506 times)
goinmerry
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October 13, 2022, 11:56:48 PM
 #41

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

Is it allowed to withdraw the prize right without any conditions or wagered requirements?

If yes, then it's a no-brainer if I will gamble the half. No reason to gamble all such an amount.

Withdraw it then gamble the 1/4 or 1/2 of your winnings and enjoy the rest of it on other things. Smiley
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October 13, 2022, 11:58:25 PM
 #42

A win of 0.1BTC to be split by 0.05BTC per individual in a pool is still a decent prize. If it were to be me, I'll walk away with what I've got rather than walk away with nothing as the case often is when you don't realise that you've been lucky and favoured in gambling.
The full prize is never yours, it has never been yours but could be and could not. When there is that probability and there is a win satisfaction, I prefer to leave it be and be happy about my win. There is always another day to try again than to end in grief and regrets. Out of 3 selections, only 1 #8 came through, how much more chances of disappointments before it all comes down to nothing.

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October 14, 2022, 12:33:50 AM
 #43

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

Tempting choice.
But I think there's a lot of data missing to decide whether the decision is to walk away with half or keep betting.
If it's a game that's been going on for a long time or if the starting stake is low, it's very prudent to accept splitting the prize and end the game.
However, if the bet has just started or if it was 0.025 BTC or more, I would keep playing to try and win 1BTC alone.

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October 14, 2022, 02:11:43 AM
 #44

If you get satisfied already I guess having a split is ideal because not other chance that you can get a full prize if you split still you received a profit but if you make another reroll there's a  higher chance that you cant get the same number again for the odds of winnings, it depends on the ideal for a perspective of earning and being greedy. Playsafe to be is I the split.

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October 14, 2022, 03:21:34 AM
 #45

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

Main thing to consider before you make your decisions with this scenario is the amount at stake.
Since your example is 0.1 BTC and that is unarguably a good amount to split between 2 people. I might be considering re-rolling if the amount to split on is less than $200. That's my threshold right there.
Nevertheless, with this amount in a current BTC price, you both walk away with almost $1k apiece. A win-win situation for both of you, always.

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October 14, 2022, 03:28:15 AM
 #46

Being lucky to choose the number close to the winning number itself a big thing. For this reason I won't think of anything more, just split and get the winning. Will there arises such situation, because it is unfair to conduct a draw placing the numbers that weren't chosen by any of the participants.

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October 14, 2022, 03:36:54 AM
 #47

I prefer to split the prize and go with 0.05BTC because if we replay it, we don't necessarily get 0.05BTC. So it was very rare for the three of us and it was better to each take our share and leave. After all, we can try it another time. Who knows, we might win it. But if the other two players choose to Reroll to gamble for the Wfull prize, we can do nothing but go along with it.

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October 14, 2022, 05:52:09 AM
 #48

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

It would depend on the amount. For a very large amount I would prefer to insure and split therefore. Smaller amounts I prefer to risk for the full price because I don't care so much about not getting the price. 0.1BTC is a middle ground for me, although I guess I would opt for trying to get the full price in this case.

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October 14, 2022, 06:02:17 AM
 #49

i would prefer to split the prize 0.05 for me it would be more fair and not look greedy.
for me if it is too greedy at gambling it will not end well and it will not get a second chance.
maybe at that time he was lucky to get the number 0.05 BTC if he chose to reroll it would not necessarily get what he got before.
expecting 0.1 BTC looks like greed and selfishness which is not very good when done in gambling. luck won't come second time

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October 14, 2022, 06:10:58 AM
 #50

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?
What are the terms and conditions given about the giveaway? Anything like anyone that has a guess closer to the number would be given the reward? If no condition like that stated, no one wins between the two people because the winning is 8 while the guesses are 7 and 9, which mean no winner. If stated in their terms and conditions like that, another guess would be conducted for two close winners again. But this kind of thing is not likely to happen during this type of guess.

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October 14, 2022, 06:38:18 AM
 #51

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

Every giveaway must have its own rules. For the case like you are talking about (a draw), I'm sure it is a common rule and most giveaway/contest/competition will split the prize if the result is a draw. However if there is no rule in the giveaway, I would prefer to split the prize as it is better than nothing. Re roll it means there is a chance for me to get the whole prize or get nothing. I'm pretty sure most people will choose to split it.

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October 14, 2022, 07:24:37 AM
 #52

It is something that involves, chance and luck, and to own 0.1 BTC in full without having to share it. spontaneously, people will be forced to think quickly in a choice to take the opportunity to be chosen.

I can't answer this question. because after all, I'm not in a situation of choice.
it seems, one has to take into account the chance of getting the giveaway in full. there is a count before choosing to share, this situation is quite dramatic because it involves considerable value.
the question is, what are the chances of someone getting 0.1btc if they choose reroll, if it is not possible to win in full.
then the best option is to share it.

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October 14, 2022, 08:58:02 AM
 #53

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

I prefer to split the prize I am a guy who loves to share a pot or prize, there will be not one but more than people that will go home happy 0.05 is already a huge amount if we convert it into our currency that's more than a month of grocery and for paying bills I will be happy to share the giveaways so people will have something to bring home to his family, OP did not give us the terms or the rules but I guess the participants get to decide to reroll or split.

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October 14, 2022, 09:16:21 AM
 #54

Dice rolling and gambling as a whole should not be played with full assurance and greed because there is no certain means of playing them that could guarantee the winning. This will ever make me reply the same irrespective of the gambling we are talking about. Specifically, when a winning of 0.05BTC is guaranteed, it is better to take the deal, this is reasonable and responsibly in gambling. It is not a must to take the whole winning (0.1BTC), which could make you lose everything. One has to avoid greed and keep good gambling psychology irrespective of the temptation.

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October 14, 2022, 09:40:42 AM
 #55

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

But in our case, in the end, not a single user guessed the number that fell out, so it's more like a reroll here, since the prize was not drawn and should remain in the pool, but this is what I think is much more important than what was in the rules in the conditions of the draw. Smiley

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October 14, 2022, 10:51:03 AM
 #56

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

Mainly, I will choose to split the prize between the two of us especially if I know a friend of the other party involved in the giveaway. This way both of us will be able to receive and secure the prize evenly. However, if there is a condition where the closest rolled number will be the winner then logic suggest that a reroll will provide us a higher winning percentage to receive the full prize.

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October 14, 2022, 11:20:15 AM
 #57

How about splitting the prize and then gamble again and reroll that winning you get? If you have the spirit of a genuine gambler, I'm sure that you'll choose and pick to gamble the whole prize and won't share it.

But for the sake of the other winner, I'm sure that there should be closure for both of you. You've got no choice if he disagrees with what you like so that's it.

In the end, that could result to splitting whether both of you agree or disagrees.

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October 14, 2022, 04:18:35 PM
 #58

What are the terms and conditions given about the giveaway? Anything like anyone that has a guess closer to the number would be given the reward? If no condition like that stated, no one wins between the two people because the winning is 8 while the guesses are 7 and 9, which mean no winner. If stated in their terms and conditions like that, another guess would be conducted for two close winners again. But this kind of thing is not likely to happen during this type of guess.
The closest numbers are probably one of the many conditions since they're given an option to split the prize if they prefer to do so but like you've said most giveaways have their own way to settle the situation whenever there are two or more winners.

Every giveaway must have its own rules. For the case like you are talking about (a draw), I'm sure it is a common rule and most giveaway/contest/competition will split the prize if the result is a draw. However if there is no rule in the giveaway, I would prefer to split the prize as it is better than nothing. Re roll it means there is a chance for me to get the whole prize or get nothing. I'm pretty sure most people will choose to split it.
Yup, and sometimes they'd have other rules like whoever joined first gets the priority. It's very rare to see giveaways or contests where there's no tiebreaker and the winners have to choose if they'd split or not. It does look like most of the responses are taking the split since the prize is still high enough for most of them.

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October 14, 2022, 04:47:45 PM
 #59

Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

Split the prize ofcourse. The simple reason being that by splitting you at least have the guarantee of getting half of the reward.
If you reroll there are chances that you might not win anything at all. Although there are equal chances of winning the full reward the opposite could happen too.
So basically on one side there's a guaranteed half reward and other side you get full reward but not guaranteed.
So I would definitely choose guaranteed half reward because something is better than nothing.

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October 14, 2022, 05:40:50 PM
 #60

The question is not easy to answer and depends on several factors. For example, if the other participant wanted the prize as well, a tie might not be ideal for either party. In this situation, you may suggest a different set of rules that makes it clear that there's no need to re-roll.

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