Get one btc right away or 5 btc with a bet?

[KTChampions]

With gambling you are not sure of anything, you can win or you can lose. Your question is also confusing because you didn't state what the odds of the bet is going to be and how much is going to be staked. However, i think the better option is to go with the money as gambling is too risky and you can lose everything if you go with that option.

The conditions are quite clear: a bet on winning 5 btc will work with a 50% probability. And it's free. That is, in fact, if you could make such a bet indefinitely, on average you would receive 2.5 btc at a time.
This is precisely the essence of what a person will choose: less but guaranteed money or more money but with the risk of not getting anything.
I think if you were offered $50 or a free bet where you have a 50% chance of winning $10,000, you would choose the second option.
It all depends on the size of the guaranteed amount.

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[Webetcoins]

A chance of 2 to 1 seems promising but we should realize that this is gambling and sh!t can happen here. We already heard lots of stories on how a sure bettor can still lose their picks, plus a lot of us have always been dreaming of obtaining a 1 whole Bitcoin, so I think many are also going to choose this option than the other.

If only they will change the rules for the 5 BTC bet like achieve a certain amount of wager and then we are free to adjust our odds and pick our games, maybe many people will also consider it, because they can just play a game like dice and set the winning chance to the highest level. I think it was 98%, and we can now wager safely.

[khiholangkang]

I think this depends on the person who is given the offer, if that person has 100 BTC for example, surely he will risk and try to get 5 BTC, but if the person who is offered has a little BTC and he also collects it very difficult, surely he will choose to take 1 BTC, regardless of the comparative opportunities given to him and depending on whether he is greedy or not.

If I accept the offer, I'd rather get 1 BTC without risking anything, because that's more than enough that I can get, because collecting 1 BTC is very difficult for me personally.

[uneng]

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?

A bird in the hand is worth five in the bush... 1BTC is already a pretty decent sum of money, so I see no reason to be greedy at a point of risking not receiving a single Bitcoin in order to persue an hypothetical 5BTC which may never come into your hands. 1 Bitcoin can be already a life changer for you and a good tool to start raising your finances. You can simply hold it in your wallet, or you can sell it and invest the money to generate passive or active income from it.

Of course it would be great to receive 5 Bitcoins at once, but considering the risks involved and the fact that we are also talking about 1 Bitcoin for free, without any risks and efforts from your side, I think it's wiser to go for the "safest bet", which in this case comes without any dangers and requirements to be completed by you in counterpart. In every cases, if you are a smart, patient, responsible and dedicated investor, I'm sure you can turn that single Bitcoin into 5 Bitcoins or even more futurely, as you keep working and managing it.

[Jawhead999]

Obviously get one BTC.

I don't think there's a person will regret to choose one BTC because they will use the money to buy many thing that they wants, so they won't think the need to search more money.

Imagine if someone choose the second option, he will regret if he didn't get it. Even though he didn't risking anything, but he lose an opportunity to have one BTC for free. Come on this is $70K, you might not able to get this offer in the future lol.

[decodx]

I don't think there's a person will regret to choose one BTC because they will use the money to buy many thing that they wants, so they won't think the need to search more money.

The main issue I see with this whole thing is that the stakes are too damn high, literally!  I mean, we're talking about betting 1 whole bitcoin here! Even just taking the guaranteed 1 btc prize sounds awesome.  But if you think about it, it's still a freaking lot of cash and  a single bitcoin is nothing to sneeze at for most folks out there.  That's some serious dough were dealing with regardless of how you look at it.

[carlfebz2]

I don't think there's a person will regret to choose one BTC because they will use the money to buy many thing that they wants, so they won't think the need to search more money.

The main issue I see with this whole thing is that the stakes are too damn high, literally!  I mean, we're talking about betting 1 whole bitcoin here! Even just taking the guaranteed 1 btc prize sounds awesome.  But if you think about it, it's still a freaking lot of cash and  a single bitcoin is nothing to sneeze at for most folks out there.  That's some serious dough were dealing with regardless of how you look at it.

No one would really be that so easily be making a 1 whole coin on every bet on which we do know on whats the value of it. If you are given into these kind of options or choices then majority of us would really be ensuring that 1 BTC and take it out and turn your back rather than on having 5 but you would be needing it to gamble it down.I dont really have that much confidence when it comes to this one
and we do know that it would be always better on having that sure money rather than on taking up some stakes on which you do know that you would be ended up on nothing or empty handed.
So it would be always wise to take those sure money rather than on having those kind of gambling arrangement. Free money is free money and as long there's no catch into it then
it would be always better i should say.

[DubemIfedigbo001]

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?

Give me the 1BTC and let me go with it. No one is a perfect predictor and if you’re to predict the outcome of an event, no one is perfect and you can lose this golden opportunity forever. If this offer comes for me like five times or more, I will continue chosen it over gambling to get an higher amount which is not a certainty for me to win. Even I have been a good predictor, for that day, I won’t allow greed to overcome me to lose the opportunity, I will take my 1BTC and leave.

In this situation, what is considered is more the certainty that 1 BTC will be worth much more over time. I believe that if it were used with Dollars or Euros for example. There would be more people trying their luck. There is a bias in this question.

Exactly, there's no rush, the 1 btc that I'm sure of today has the possibility of multiplying itself over time we've seen the price of BTC double, even triple in the space of few years. Take for example, as at January last year, the price of BTC was around $16k, if someone was given 1btc as at then and he decided to hold, that 1btc by now would've been 4btc plus.

I think holding is even a better option than gambling with you're future and a bird at hand is worth more than thousands in the bush. There's every possibility that the bet will lost, and by then, you be  all regrets why you wasted so much money on mere gambling. The risk isn't just worth taking.

[killerfrost]

There's undeniable appeal in walking away with 1 BTC.  It's a sure thing, a risk-free gain.  This option represents security, the satisfaction of having something tangible without the emotional rollercoaster of gambling.  Imagine finding a crisp dollar bill on the sidewalk – a pleasant surprise without any strings attached.

But the chance to multiply your holdings by five is undeniably tempting.  The potential for exponential growth is a siren song for many investors.  However, this path is fraught with risk.  The 2:1 odds suggest it's a gamble, not a guaranteed win.

[Agbamoni]

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?

Very complicated question but trust me ill never gamble any amount of btc at this stage ill choose the one btc asap. One btc is enough for me to reach the level of where i want to be. It pains me that this is just an imagination, i wished it was real and this offer was given to me. I wont hesitate on making my decisions which is obviously to choose the one btc.

I cant imagine my self gambling and unfortunately losing everything when i could just have that one btc and walk away. Guess you will feel am not a real gambler? Yes, i am a gambler but i wont make wrong decisions when am supposed to.

[MainIbem]

Accepting and zoom off from the site is the best option than going into what I don't know will be the result maybe I can make judicious use of the 1 btc at hand than going for a 5 btc bet. We should also calculate the risk involved in this game because sometimes bet doesn't always go as we may have planned it otherwise going for the 5 btc is the best, without applying greed because most people is carried away with much profits.

[JoyMarsha]

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 is very easy for one to make the right decision if they can remove greed from their thought and be contented with what is been presented to them no matter how little or big it is at the first instance. However, being offered 1 BTC is enough for me not to try my luck on gambling for a day, weeks or months without issues since I will not be risking it to gain more BTC or not like someone who has 5 BTC and still wants more BTC by risking the one they have. Is it not foolishness? It is if I am to say

[erep]

Very complicated question but trust me ill never gamble any amount of btc at this stage ill choose the one btc asap. One btc is enough for me to reach the level of where i want to be. It pains me that this is just an imagination, i wished it was real and this offer was given to me. I wont hesitate on making my decisions which is obviously to choose the one btc.

You are too serious, of course this is an illusory question and only an imaginative answer because no one offers 1 btc for free to anyone, but your statement above is very correct to choose a guarantee of 1 btc compared to choosing 5 btc which is not guaranteed to be owned depending on the winnings on the bet .

I cant imagine my self gambling and unfortunately losing everything when i could just have that one btc and walk away. Guess you will feel am not a real gambler? Yes, i am a gambler but i wont make wrong decisions when am supposed to.

Of course they will not use all the funds for betting because we are guaranteed to get 1 BTC without having to gamble, we may only use part of 7% for gambling but the use of funds will be deposited gradually to avoid high losses.

[odunybiz]

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 is very easy for one to make the right decision if they can remove greed from their thought and be contented with what is been presented to them no matter how little or big it is at the first instance. However, being offered 1 BTC is enough for me not to try my luck on gambling for a day, weeks or months without issues since I will not be risking it to gain more BTC or not like someone who has 5 BTC and still wants more BTC by risking the one they have. Is it not foolishness? It is if I am to say

A gambler will not see it as foolishness but as a way to add more coin to his/her wallet. Most gamblers sees themselves as a winner even when they are losing. Only few gamblers that are not greedy can stay on the one BTC. Although I'm a gambler but I will hold to one BTC because if I decide to go more further I may end up losing all.

[nullama]

~snip~
A gambler will not see it as foolishness but as a way to add more coin to his/her wallet. Most gamblers sees themselves as a winner even when they are losing. Only few gamblers that are not greedy can stay on the one BTC. Although I'm a gambler but I will hold to one BTC because if I decide to go more further I may end up losing all.

Yes, if a gambler is blinded by the idea of simply maximizing their returns, no matter what, then they clearly will go for the 5 BTC.

As I've mentioned before, in some cases that is actually not the rational thing to do, when you compare the values of 1 vs 5 BTC as in "enough".

In a similar way that 5 times 0 is still 0, 5 times "more than enough" is still "more than enough".

[FinePoine0]

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?

Generally there are two aspects one is to take one bitcoin only, and secondly collect 4 in gambling or betting. I have learned to take risks in life because it is so sweet to enjoy progress through hard work. But the results of easy work are bitter, so I gamble and take risks in life to improve success. Don't try to save yourself for just one bitcoin, you should never run away from the battlefield but move forward.

[pinggoki]

1 bitcoin all the way, if there's a risk that's not favoring me in any way, I don't want to take it. I have been gambling on and off because I know how bad my gambling luck is and that's also the reason why in this hypothetical situation I'm almost always going to choose that one because I know how valuable bitcoin's going to be if I just hodl on to it long enough, I'm going to be making a profit, sure 5 bitcoins are more than one but if there's an opportunity that a free bitcoin is going to be given to me with an optional choice of not getting it although there's a higher reward, then the most logical that I would do in that situation is to just go for the free bitcoin.

[LUCKMCFLY]

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?

Knowing my abilities, and all my knowledge, I believe that I am capable of Accepting 1 BTC, because with 1 BTC I know that this will be for my future, if it is to play in a casino what I can do is always give me Confidence that I can play with little ,Money and entertain myself for a while and now, there is no problem because I play with little money , I will still have my fun time or different moment, I consider that that is all that matters, but 1 btc is for the future, not to Exchange it right now, maybe to consider changing it in 10 years I know that Bitcoin will have a very inflated value and that it will not stop, that is what a person like me would do, they can tell me that I am fearful or whatever, but first I I'm going to be sure, I can have 5TBTC but in a casino if you don't play carefully and follow it, you will lose because the casino System is made to always Guarantee the house advantage.

I wouldn't think so much about it, I would do things that way Because I know that things in casinos can happen that way, that's why I would much rather be safe than sorry, many people lose large amounts of money, but because they are rich, it doesn't matter to them at all. in your life, but I am not a millionaire and I must take advantage of the opportunities that life gives me.

[Moreno233]

Majority of those commenting will go for the 1BTC, that was actually my initial position before I gave it a second thought. I can actually go for the 5BTC and if the condition is to double it before I can withdraw, I can actually achieve it. It is simple to achieve. I will select the big European teams like Real Madrid, PSG, Man City, Liverpool, Arsenal, Bayern Munic, PSV and Bayern Leverkusen, any of them playing at home and against a smaller time will be selected. A combination of three of them will give me up to 1.6 odds which I will be 2BTC. If I continue this for two rounds I would have doubled the funds in a space of a month. At the stage the leagues are now, it is rare for e big teams to lose against small teams.

[serjent05]

I think this depends on the person who is given the offer, if that person has 100 BTC for example, surely he will risk and try to get 5 BTC, but if the person who is offered has a little BTC and he also collects it very difficult, surely he will choose to take 1 BTC, regardless of the comparative opportunities given to him and depending on whether he is greedy or not.

If I accept the offer, I'd rather get 1 BTC without risking anything, because that's more than enough that I can get, because collecting 1 BTC is very difficult for me personally.

Same here, I won't be greedy aiming for higher amount. 1BTC is a sure fund in hand.  I would rather choose the one that is 100% claimable than a higher amount but need to gamble.  Gambling has random results, no matter how high the odds is we are not sure whether we will win or not. Just take a dice with 98% chance of winning having a result of consecutive losses. what more the 50% chance?  I will not risk the 1 BTC for 5 BTC.  It is a good enough fund to setup a business that can yield more than 5 BTC if becomes successful.

Majority of those commenting will go for the 1BTC, that was actually my initial position before I gave it a second thought. I can actually go for the 5BTC and if the condition is to double it before I can withdraw, I can actually achieve it. It is simple to achieve. I will select the big European teams like Real Madrid, PSG, Man City, Liverpool, Arsenal, Bayern Munic, PSV and Bayern Leverkusen, any of them playing at home and against a smaller time will be selected. A combination of three of them will give me up to 1.6 odds which I will be 2BTC. If I continue this for two rounds I would have doubled the funds in a space of a month. At the stage the leagues are now, it is rare for e big teams to lose against small teams.

In a game of chance there is no guarantee that you can 100% achieve it.  Even a parlay in sports betting does not guarantee a 100% winning result, let alone the chance of upset in every match.  Your calculation is an assumption that the result of the match goes your way, but what if it does not go your way?

I think it is much better to take 1 BTC and gamble it to become 5 BTC, than choosing 5 BTC where we have a chance of losing even before we have the grasp of the fund.  At least with 1 BTC as the initial bankroll, a 5x of the bankroll is somehow doable even with medium luck.