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Author Topic: Gambling Your Net Worth?!  (Read 7153 times)
EvilPie
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« Reply #15 on: January 11, 2010, 02:49:40 PM »

As my net worth is tied up in my house I'd say none of in for any of the cases.

As far as cash in the bank goes I'd say the lot for all 3 although that may change if the balance increases significantly.

I would happily flip 5k if I was given 2 to 1 if it didn't put me in to any debt.

As for the 5 to 1 and 10 to 1 it really makes no difference to how much I'd risk. As long as it didn't put me in to debt or risk my house then pretty much whatever I've got in the bank.

On the other hand if you were to offer me 10 to 1 as in I only have to win 1 flip out of 10 for even money I'd happily put my house, my business and everything else I own on it.

Really? 10-1? Holy shit I wish we could find some rich guy who had enough money to not care just to test out your nerve...........

If you can find someone with £14.78 then good luck to you.

I'll stand by it.
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Woodsey
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« Reply #16 on: January 11, 2010, 02:51:12 PM »

Sorry I thought you meant you would do it for 10-1 on your whole worth on a single flip, makes sense now. But would you do it on a single flip?
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GreekStein
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« Reply #17 on: January 11, 2010, 02:55:16 PM »

Sorry I thought you meant you would do it for 10-1 on your whole worth on a single flip, makes sense now. But would you do it on a single flip?

Yeah thats what I thought Matt meant.

I would.
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EvilPie
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« Reply #18 on: January 11, 2010, 02:57:21 PM »

Sorry I thought you meant you would do it for 10-1 on your whole worth on a single flip, makes sense now. But would you do it on a single flip?

Don't think I'd do it for 1000 to 1 mate.

Just not worth losing everything I've worked for for 15+ years.

I'm quite comfortable now and the chance to be ultra multai just isn't worth the risk of being busto and having to move back in with my mum and dad with nothing at all.

Obviously if I could lay it off things would be different but I doubt that would be part of the deal.
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EvilPie
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« Reply #19 on: January 11, 2010, 03:00:43 PM »

Sorry I thought you meant you would do it for 10-1 on your whole worth on a single flip, makes sense now. But would you do it on a single flip?

Yeah thats what I thought Matt meant.

I would.

Hmmm...... You might not if you had what I had and had been living very comfortably in your own house for 13 years or so.

Fair enough if you suddenly came across the equivalent of my net worth today you'd happily give a go but if you lose you go back to how you were yesterday. It's very different.
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Motivational speeches at their best:

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« Reply #20 on: January 11, 2010, 03:02:25 PM »

Sorry I thought you meant you would do it for 10-1 on your whole worth on a single flip, makes sense now. But would you do it on a single flip?

Yeah thats what I thought Matt meant.

I would.

Hmmm...... You might not if you had what I had and had been living very comfortably in your own house for 13 years or so.

Fair enough if you suddenly came across the equivalent of my net worth today you'd happily give a go but if you lose you go back to how you were yesterday. It's very different.

No way I'd do it either, that's why I was asking really. I don't think anyone with a decent job/life they had worked for would do it to be honest.........
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EvilPie
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« Reply #21 on: January 11, 2010, 03:04:50 PM »

Sorry I thought you meant you would do it for 10-1 on your whole worth on a single flip, makes sense now. But would you do it on a single flip?

Yeah thats what I thought Matt meant.

I would.

Hmmm...... You might not if you had what I had and had been living very comfortably in your own house for 13 years or so.

Fair enough if you suddenly came across the equivalent of my net worth today you'd happily give a go but if you lose you go back to how you were yesterday. It's very different.

No way I'd do it either, that's why I was asking really. I don't think anyone with a decent job/life they had worked for would do it to be honest.........

I think this is the point with people like Durr. He's never had to work for it so a crazy spin isn't a problem.

If he loses the whole lot he's no different to how he was a year or so ago.
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kinboshi
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« Reply #22 on: January 11, 2010, 05:28:19 PM »

2^10=1024.

So 1024/1 is the odds of ten heads in a row.  Which is why Matt was offering evens.
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« Reply #23 on: January 11, 2010, 05:43:05 PM »

2^10=1024.

So 1024/1 is the odds of ten heads in a row.  Which is why Matt was offering evens.

1023/1 you fool
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kinboshi
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« Reply #24 on: January 11, 2010, 05:59:19 PM »

2^10=1024.

So 1024/1 is the odds of ten heads in a row.  Which is why Matt was offering evens.

1023/1 you fool

Sorry, makes no sense now - evens is way too generous.
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« Reply #25 on: January 11, 2010, 06:02:03 PM »

2^10=1024.

So 1024/1 is the odds of ten heads in a row.  Which is why Matt was offering evens.

no need to apologise, I just didn't want you basing bets on incorrect assumptions. take all the evens you can get imo

1023/1 you fool

Sorry, makes no sense now - evens is way too generous.
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kinboshi
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« Reply #26 on: January 11, 2010, 06:05:27 PM »

2^10=1024.

So 1024/1 is the odds of ten heads in a row.  Which is why Matt was offering evens.

no need to apologise, I just didn't want you basing bets on incorrect assumptions. take all the evens you can get imo

1023/1 you fool

Sorry, makes no sense now - evens is way too generous.

No probs.  I'll mess up the maths, you can mess up the quoting.  Together we can take on the world.
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« Reply #27 on: January 11, 2010, 06:16:50 PM »

sigh, I've done that twice today. gonna turn off this crappy quick reply function so I have a bigger box to write in
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thetank
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« Reply #28 on: January 11, 2010, 06:58:07 PM »

Isn't it five and a half to one because the first half dozen have already happened?
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sovietsong
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« Reply #29 on: January 11, 2010, 06:59:38 PM »

prob do

100% on each to be honest.

problem is my net worth is very low.
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