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Poll
Question: Which player are you?
I try to have 5 btc - 5 (11.6%)
I take the BTC right away - 32 (74.4%)
I hesitate between the 2 options and flip a coin. - 2 (4.7%)
other - 4 (9.3%)
Total Voters: 43

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Author Topic: Get one btc right away or 5 btc with a bet?  (Read 1544 times)
Becassine (OP)
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March 11, 2024, 11:22:38 PM
Merited by Forsyth Jones (1)
 #1

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

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March 11, 2024, 11:30:31 PM
 #2

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

It's said a bird at hand is worth more than a million in the forest; meaning I would rather take one bitcoin and walk away than spending them in the gambling site which I am not sure of my winning so why would I do that after knowing the rules and regulations of gambling. Even as they said gambling is a game of luck and chances and you expect me to go miss my chances of having one bitcoin to go gamble for the sake of winning of 5 bitcoin, is this normal if I may asked?

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March 11, 2024, 11:31:14 PM
 #3

My choice from the one you gave is that I will not use the 1 BTC I have just to gamble whatever the reward offer is as big as whatever the reward is, I will not use it to gamble. if for spot trading is ok.


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March 11, 2024, 11:39:44 PM
 #4

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?
It's easy to make right decisions when you have such offer. Yes, I'm a gambler and I enjoy spending time on betting but I'm not an addict, I only enjoy it for some fun and I put lowest amount of my earning into it because I believe if we can enjoy with less then why go for more? If I get such offer I'll most probably take 1 BTC and go away with it without any question.

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March 11, 2024, 11:57:09 PM
 #5

I know this is just a hypothetical question thread but what do you mean by "with a chance of 2 to 1"? Do you mean that I can either get 1 btc or 2 btc if I chose the 5 btc after gambling it? if so, wouldn't the 5 btc be the best option since there was no mention of the possibility of not getting anything if you chose the 5 btc?

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March 12, 2024, 12:55:53 AM
 #6

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?
For me taking 1 btc right away would be the best option. I dont see reason to your analysis. I don't even know what you meant by 5 btc by playing 2 to 1 chance, but whatever the option may be I chose 1 Instead of that 5 because I believe the five come with high potential risk which may not end weel.
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March 12, 2024, 01:19:48 AM
 #7

I wouldn't hesitate to go with the 1 BTC and call it a day because i'm only a casual gambler. I'd rather play it safe with the lesser reward than go with the possibility of walking away with nothing.

If I were a high roller and 1 BTC was something I could afford then maybe the chance to win 5 BTC wouldn't be a bad option.

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March 12, 2024, 01:43:06 AM
 #8

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

If I was offered to use 1 BTC to win 5 BTC I would think first because what is in front of my eyes is not necessarily that we will get it easily because I personally do not fall into the category of gamblers who dare to take things too high. stake. I prefer to play it safe by using small betting money, even if I win the money won't be that much. but I will feel happy because my betting money will come back and maybe I will make a profit even if only a little.

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March 12, 2024, 02:32:05 AM
 #9

I would definitely take the amount immediately and invest it in something fixed or along those lines to gradually repurchase and cover future expenses. I think it's a good line

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March 12, 2024, 02:40:56 AM
 #10

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

Many will go with the one bitcoin offer. I will also do the same. Whether you lose or win, if you choose 1 Bitcoins, then you will ultimately get it. On the other hand, if you greed and go for 5 Bitcoins, then no doubt you have to take the risk and with the risk, you might lose the Bitcoins also. No doubt that if you take the risk, the reward will also be high, but it completely depends from person to person I must say.

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March 12, 2024, 03:15:04 AM
 #11

When I vote there is 4 people that choose to get one btc and that vote including me as well hahhaha. In my opinion, One BTC is already enough especially with this price you can buy a house with full furnish and including one car as well hahahha.

If I choose to flip a coin the rate is 50-50 and it is dangerous hahaha.


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March 12, 2024, 05:15:26 AM
 #12

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?
If I do not bet, I will take 1 BTC but if I bet, I will take 5 BTC. I will ask what if I lose the bet, will I take the 5 BTC. If they say no unless I win, then I will just take the 1 BTC and not bet. If I bet, that means I am greedy and I will likely lose the money and regret because 1 BTC is not a small amount of money but huge and enough to make me richer.

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March 12, 2024, 06:49:44 AM
 #13

I choose to bet with the possibility of getting 5 BTC, greedy? Nope, if I have this one-time opportunity wherein I can have the chance of getting 5 BTC, which is a very huge amount of money in my country's currency conversion, then I will take the risk. Yes, it may sound a little too greedy, but the thing is, if I have the chance, I want to take any risk that could be worthy. If the 5 BTC is for me, then I will likely accept it openly, but if not, then it means it's not for me. I will regret not getting or securing the 1 BTC, but it's fine. Instead, I will work hard in order to have money that is equivalent to 5 BTC. Big opportunities in life come rarely, so why not take the risk and let destiny decide for you?, of course if I will do a bet I will do my best to choose the winning bet.

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March 12, 2024, 06:52:34 AM
 #14

I'll take the 1 BTC, at least I won't walk away empty handed. Though, it's really tempting to go for 5 BTC, with a bet, you could end up losing. All in all, it depends on your personal preference.
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March 12, 2024, 07:09:39 AM
 #15

It kinda depends on the percentages.

1 BTC with 100% certainty vs 5 BTC with how much uncertainty?, 50%?

If that's the case, I would take the 1 BTC.

Pretty much all the time I would choose the 1 BTC unless the 5 BTC were at something like 99% chances or something like that.

But I guess to make it interesting the odds would be something like you get the 1 BTC at 100% and the 5 BTC at 20% chances of getting it.

I would of course take the 1 BTC as well in that case.

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adpinbr
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March 12, 2024, 07:20:24 AM
 #16

Well for me, I don’t really see any reason why I would risk  my one BTC because I want to get five BTC for something I am not really sure about all that I have done before even if I have done it before and I got it right then it’s just because of lock, I want to conclude that that it is how the process is because looking at the process of risking one BTC to get five BTC, the ricks is so high, I will never agree to such thing I can’t even risk 0.5 BTC not to talk of 1 BTC just because I just want to get money. This is an atom of greediness.



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Rainbot
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Frankolala
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March 12, 2024, 07:25:00 AM
 #17

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?
Two things are involved here 1btc and walk away, or gamble and get 5btc. Walking away with 1btc is the best of it all, because you got it without doing anything, that is what everyone will appreciate, rather than passing through some emotional drama when gambling to win additional 4btc.

On the other hand, if the condition of me gambling with the 1btc to get 5btc is sure that I will win the 5btc, then it is cool with me. It means that I will prefer to gamble and increase my 1btc to 5btc. If the condition of gambling is 50-50, I wouldn't think twice but to happily take the 1btc and walk away gently.

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carlfebz2
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March 12, 2024, 07:52:45 AM
 #18

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?
Just like the rest been choosing on here then i would really be walking away with 1BTC and call it a day and never intend to make myself greedy on having that 5BTC but i would really be needing to play it on gambling.
Any results could neither be profitable or you have nothing left on your hand.Also 1BTC=1BTC and you could really be able to have different methods on making yourself that diversify specially on investment.
If you are some sort of addicted gambler then you would really be definitely going for that 5BTC and would be gambling it all out.

Who doesnt really want to experience that 5 BTC balance eh? Even myself would really be drolling on such situation specially this one isnt a small amount.
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March 12, 2024, 08:34:11 AM
 #19

I voted "I take the BTC right away".

The risk to reward between 1 BTC and 5 BTC is too far, 1 BTC is already big, so most people won't need to gamble for 5 BTC. If it was $100 and 5 BTC, then it would be interesting to know how many people will choose $100 or 5 BTC.

I think people who choose 5 BTC in this thread are millionaires. Cheesy

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March 12, 2024, 09:46:18 AM
 #20

It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

I'll take 1 btc without playing since I will eliminate any risks from the bet! Personally I love "sure wins" and I don't want waste or take any un-required risk. This is a great chance... because it's a sure win. Gamblers must be focused on sure win and not on "lucky" matches.
well becassine, if it's the right answer Roll Eyes at this point you can find my btc address on my profile Roll Eyes
(just kidding... )

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