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How risky are you?

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  • IvanOpinion
    IvanOpinion Posts: 22,136 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Wasn't it last year some chap sold absolutely everything to put together enough money for a simple double or nothing bet in Vegas? Whatever happened to him

    Ivan
    I don't care about your first world problems; I have enough of my own!
  • Below are the results to our previous poll. Thanks to the 2916 participants who took part in this poll.

    Previous Poll Topic: Poll Started 7 August 2006: How risky are you? If I offered you a wager on a month's salary on the single toss of a (fair) coin, what's the lowest odds at which you'd take the bet? For those who don't understand gambling odds, 2-1 means you bet a month's salary and if you win you get back the amount you bet plus two times your salary - but if you lose it all goes. Traditionally a coin toss would be evens (1-1) as it's a balanced chance, so anything higher is, odds-wise at least, a good bet.

    I. I would never risk a month's salary regardless. 50.8% - (1483 Votes)
    B. 2-1 10.3% - (301 Votes)
    D. 5-1 9.1% - (267 Votes)
    E. 10-1 7.4% - (218 Votes)
    H. 100-1 7% - (206 Votes)
    C. 3-1 5.2% - (154 Votes)
    A. Evens 4.3% - (126 Votes)
    G. 50-1 2.8% - (82 Votes)
    F. 20-1 2.7% - (79 Votes)

    Total Votes: 2916
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  • cwep2 wrote:
    Anyone who answered evens - you could do get those sorts of odds in many places so do you actually bet that sort of money? Please note I'm not talking about roulette type bets where you have a built in (small) disadvantage.
    CP

    I though you weren't talking about bets where you have a small disadvantage?

    If the book is 100.1% then you are going to lose £1 in every £1,001.

    So there is a built in disadvantage.
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