Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > General Gambling > Psychology
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #18  
Old 10-06-2005, 07:56 PM
MicroBob MicroBob is offline
Senior Member
 
Join Date: Sep 2003
Location: memphis
Posts: 1,245
Default Re: How much do you value your life?

Okay - I'm convinced and am changing my mind on this one.

Yes....your logic is correct and everyday activities (such as driving) SHOULD be factored into the equation.



If someone offered me $1-million and all I had to do was drive from Memphis to California to pick it up and then drive it back (with no other dangers involved) I would certainly take this bet...even though there is certainly some slim chance that I would be involved in a fatal car-wreck on the way.

In fact, if the rules stipulated that i only had 40 hours to get there to pick it up and I had to drive solo I would STILL probably try to do this...of course, this would mean that I would get very little sleep and I would have to drive reasonably fast to get there.

My chances of a fatal accident would obviously be greatly increased but I know that I would try to do this.


Not too long ago I was making several long, late-night drives for several hours from one city to the next. I was driving extremely tired and it was quite difficult and a little bit dangerous some of those times.

When I consider that on each of these drives I might have been at 1-in-a-million chances or even worse of being in a fatal car-wreck then I think I have to consider accepting $1-million at million-to-one odds (or something like that).


So in order to take the hypothetical bet as originally mentioned, I do need to consider the apporpriate odds involved and there IS indeed some point at which I would take it.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 01:17 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.