depends........(math and stats tiltage) dont read if tilted by numbers and s**t.

If you dont have a pot to piss in then 70K is a reasonable deal as 250K wont change your life much more than 70K

If you are set up and a millionaire then 70K is a bad deal.

People assume that if its 50/50 then the offer should be half the 250K, thats not actually true.

Risk free money has a greater value.

This is a concept known as certainty equivalence or risk premium.

Here is detailed analysis relating to Blackjack

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Posted By: usacanary on August 30th 2011 at 17:43:26


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