Making the last bet

[CaptainLorca]

Okay. This thing is just theoretical and not about anything else.

if you had the following choice.. what would you do and more importantly.. why would you make that choice?

You have to choose: placing a bet with 85% win chance. If you win, you get a 100 Bitcoin. No funds of yours have to be placed. A free bet.

you cannot place a bet after this one. Doesn’t matter if you win or lose.

But if you lose the bet (we all know that can happen faster as we can say Stake) you will lose all your savings. This includes everything and not only funds you have here. Crypto gone, Bank account gone, material stuff (TV, Computer, Playstation etc.) gone.

For a starter:

I wouldn’t. Gambling is one thing. Putting everything at risk something else. I wouldn’t want to lose everything I worked for my past 10 years.

[gotmebro]

15 minutes ago, CaptainLorca said:

Okay. This thing is just theoretical and not about anything else.

if you had the following choice.. what would you do and more importantly.. why would you make that choice?

You have to choose between placing a bet with 85% win chance. You bet has to be with a profit of 100 Bitcoin. No funds of yours have to be placed.

you cannot place a bet after this one. Doesn’t matter if you win or lose.

But if you lose the bet (we all know that can happen faster as we can say Stake) you will lose all your saving. This includes everything and not only funds you have here. Crypto gone, Bank account gone, material stuff (TV, Computer, Playstation etc.) gone.

For a starter:

I wouldn’t. Gambling is one thing. Putting everything at risk something else. I wouldn’t want to lose everything I worked for my past 10 years.

you mean if I bet 100 Bitcoins, and has a chance of 85% winning another 100 Bitcoins. Hell yeah, bro.  If -15% house edge like that, it's not calling gambling anymore, its risk invest

 

[AmrShera]

I have not played in this site for nearly a week and I have received gifts or bonuses that make me continue and I would love to be in the site more - just everything you saw loss loss loss

[CaptainLorca]

10 minutes ago, gotmebro said:

you mean if I bet 100 Bitcoins...

 

Of course it’s a free bet. Nothing of your savings go into this bet. Win 100 Bitcoin or lose everything.

[jualid]

To get 100 bitcoins with 85% chance to win? Hard to say no then . 85% chance to win is really big tho. Worth to take. 

[Flan]

85% was a big percentage, but it not big enough if you are unlucky enough to get that 15% roll.

I would play safe, not going wasting my hard work for years to get those. 

[CaptainLorca]

57 minutes ago, jualid said:

To get 100 bitcoins with 85% chance to win? Hard to say no then . 85% chance to win is really big tho. Worth to take. 

Even by a big chance that you lose everything you worked your whole life for?

I mean.. this is all or absolutely nothing. Even worse than nothing.

[Mochiko]

I rather go play safe because i know that feeling like losing something important in your life. Im not using my luck but then i go play safe

[jualid]

9 minutes ago, CaptainLorca said:

Even by a big chance that you lose everything you worked your whole life for?

I mean.. this is all or absolutely nothing. Even worse than nothing.

Well, it's 85% chance to win, very tempting lol , but if i lose and lose everything, my life will be done.

[bmg]

heck yeah why not right. go big or go home to nothing lol

[williamshennie9]

It really depends on the type of person you are dealing with. A college student, with little assets/possessions will easily do this, but for those people with families, properties, and large investments, I would definitely think that they would not do this. 85% chance is a good statistic, but I once went all in on dice 1.01x, and on the first roll, busted. So for me, I would definitely not do this.

[irawk0]

This is an easy decision lol, if my house/mortgage is on the line, NTY. If only my bank savings is gone, HELL YES because I'm in huge debts so nothing in bank accounts pretty much (all going to loans/interest etc)

[CaptainLorca]

2 minutes ago, irawk0 said:

This is an easy decision lol, if my house/mortgage is on the line, NTY. If only my bank savings is gone, HELL YES because I'm in huge debts so nothing in bank accounts pretty much (all going to loans/interest etc)

Everything you worked for is gone. Every luxury... you bought a house? Consider it gone if you lose.
 

In general I'm surprised that some are really like "why not"  - I mean.. we all probably got some stuff together and some luxury with stuff we don't need. But go on.. I'm excited for more opinions on this

[irawk0]

29 minutes ago, CaptainLorca said:

Everything you worked for is gone. Every luxury... you bought a house? Consider it gone if you lose.
 

In general I'm surprised that some are really like "why not"  - I mean.. we all probably got some stuff together and some luxury with stuff we don't need. But go on.. I'm excited for more opinions on this

Ok so it's either instant millionaire or instant homeless... easy choice for me considering 100 btc is nowhere near the cost of a house where I live lol. I guess this would be a different story for people living in different places, different jobs/age etc exactly like William said. 

[CaptainLorca]

25 minutes ago, irawk0 said:

Ok so it's either instant millionaire or instant homeless... easy choice for me considering 100 btc is nowhere near the cost of a house where I live lol. I guess this would be a different story for people living in different places, different jobs/age etc exactly like William said. 

Well.. few days ago it was $600,000.. with that money.. you could start a business or make a smart investment.

Compared to what I own and what i receive as salary.. man. That amount can be a jump start into something much bigger.

But from my point of view.. risking having nothing in the end.. I wouldn’t go for it. Losing this bet would put you back more than to square one but damn. Such a bet would be tempting.

But I‘m fine with what I got already

[irawk0]

7 minutes ago, CaptainLorca said:

Well.. few days ago it was $600,000.. with that money.. you could start a business or make a smart investment.

Compared to what I own and what i receive as salary.. man. That amount can be a jump start into something much bigger.

But from my point of view.. risking having nothing in the end.. I wouldn’t go for it. Losing this bet would put you back more than to square one but damn. Such a bet would be tempting.

But I‘m fine with what I got already

Houses here are easy 1m+, in fact closer to 2m than 1m. In some areas "aka downtown/west side whatever" houses start at 5m+ So yeah... my down payment + the amount of mortgages I've paid is already far more than that $600,000 lol. Also with population growth houses here generally skyrocket (not recently due to a stupid new bylaw) so I'm more than content to wait like 5-10 years for a garanteed $600,000 than a risky one time thing. 

However, if I can preroll a bunch of times.... I might jump at that deal 😛 That is.... 1 million prerolls or whatever until I reach like a 50 loss streak then I'll do that last bet lol

[Snike]

85% odds, grab your balls and go for it. I'ld definitely do it!

[chrisconn63]

oh my god thats a hard one. hmmmmm id have to go with the 85% chance bet, id take it. but only if bitcoin price was back up above 6k usd. haha took me a minute to decide but 85% is a good bit of chance

[questik]

You have an interesting dream ...But what do you call a free bet if all my acquired property is at stake? 
 And no, I don't think so. But in passion of course to control themselves harder.