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Author Topic: Gambling Your Net Worth?!  (Read 5896 times)
gatso
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« Reply #30 on: January 11, 2010, 07:02:07 PM »

Isn't it five and a half to one because the first half dozen have already happened?

as you're fully aware we're talking about 10 specific flips. that was almost worthy of a trolling ban, I'm gonna ask kin to give you a 5 minute cooler

as for the op I'm gonna bet the lot please. if I lose I'll just get some more money, simple
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EvilPie
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« Reply #31 on: January 11, 2010, 07:24:54 PM »

I think this all depends on what your net worth is.

If you've spent 10 years accumulating a net worth of 5k you'd probably give it a spin because it won't take 10 years to replace.

If it's quarter of a million then I'm guessing most would be a little bit more cautious.
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« Reply #32 on: January 11, 2010, 07:29:58 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.

evens is about right - it either will happen, or it wont.
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« Reply #33 on: January 11, 2010, 07:36:01 PM »

I think this all depends on what your net worth is.

If you've spent 10 years accumulating a net worth of 5k you'd probably give it a spin because it won't take 10 years to replace.

If it's quarter of a million then I'm guessing most would be a little bit more cautious.

If you've spent 10 years accumulating it then surely it will take 10 years to accumulate?
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« Reply #34 on: January 11, 2010, 07:42:31 PM »

I think this all depends on what your net worth is.

If you've spent 10 years accumulating a net worth of 5k you'd probably give it a spin because it won't take 10 years to replace.

If it's quarter of a million then I'm guessing most would be a little bit more cautious.

If you've spent 10 years accumulating it then surely it will take 10 years to accumulate?

No because you already have the disco contacts and the disco skills accumulated in the first 10 years so you won't need to waste time accumulating more disco contacts and more disco skills when you shoot for the 5k again.
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« Reply #35 on: January 11, 2010, 07:53:26 PM »

We had a module at Uni all about people's perception to risk - funnily enough was pretty much the only one I did really well in.

To answer questions: -

a) Not much
b) 50%
c) 70%
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Horneris
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« Reply #36 on: January 11, 2010, 07:56:51 PM »

I really hope Pleno is a billionaire and plans to put us to the sword.
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« Reply #37 on: January 11, 2010, 07:59:54 PM »

a) 100%
b) 200%
c) 500%
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« Reply #38 on: January 11, 2010, 08:00:25 PM »

I really hope Pleno has £80 to put us to the test.

fyp buddy.
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« Reply #39 on: January 11, 2010, 08:02:45 PM »

I really hope Pleno has £80 to put us to the test.

fyp buddy.


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« Reply #40 on: January 11, 2010, 08:04:36 PM »

We had a module at Uni all about people's perception to risk - funnily enough was pretty much the only one I did really well in.

To answer questions: -

a) Not much
b) 50%
c) 70%

What about d) Vs Scottish Dave on football betting?
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« Reply #41 on: January 11, 2010, 08:10:22 PM »

We had a module at Uni all about people's perception to risk - funnily enough was pretty much the only one I did really well in.

To answer questions: -

a) Not much
b) 50%
c) 70%

What about d) Vs Scottish Dave on football betting?

The World
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George2Loose
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« Reply #42 on: January 11, 2010, 09:04:07 PM »

Blatch you'd only need evens. I mean, as if you'd lose a flip
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EvilPie
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« Reply #43 on: January 11, 2010, 10:13:34 PM »

a) 100%
b) 200%
c) 500%

On a single flip for everything you own. Absolutely everything!!

Sorry but I just don't believe you. Unless of course you haven't got much to start with.
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« Reply #44 on: January 11, 2010, 10:22:21 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?

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.


I'm guessing he won't feel to bad about his recent 5mill downswing then  Wink

I understand your point in a way that people who get money easily are more frivolous with it but i doubt he'd feel no different having to do a shitty job no he's had mad money compared to before he had the money, I'd probably top meself(I'd never risk losing it all though if i had that much and pretty sure he's made some security measures incase of busto too)
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