Re: Lottery at the +EV Point
One thing to remember when discussing whether or not playing a game with a large progressive jackpot is +EV is that at some point in time money will have a diminishing marginal utility for you.
$240 million is probably not 240 times more valuable to you than $1 million would be.
$240 million is not 240 million times better than one dollar. This will screw up your calculations.
(I didn't see that anyone already mentioned this concept, but I only skimmed.)
|