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$10,000 or risk it

Would you rather win $10,000 for sure or have a 50% chance of winning $100,000?

  • A: Win $10,000 for sure

    Votes: 6 40.0%
  • B: 50% chance of winning $100,000

    Votes: 9 60.0%

  • Total voters
    15

Nebulous's iconNebulous

Founder of Off Topix
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Would you rather win $10,000 for sure or have a 50% chance of winning $100,000?

If you pick option B and lose, you get nothing!
 
I'd pick the 50% change of winning $100,000.

50% is a lot and the difference between $10,000 and $100,000 is just too much.
 
I need $10,000 WAY more than no money at all, so I'll take the safe route.
 
I am not really immediately in need of money, so it's worth the gamble. Just imagine what you can do with $100,000 :drool:
 
If it weren't for bad luck, I'd have no luck at all. With that said, I'll take the $10,000.
 
I don't really need any money immediately and I'm fine just the way I am at the moment, so I would take the 50% chance of getting $100,000 because it is quite a big chance.
 
I think I'll take the $10k. If, however, I continuously could pay $10k for a 50% chance at $100k till I get it, I'd do that.

Or, better yet, if I could come in with four friends who all get the same choice, we could all choose $100k and split the winnings.
 
Statistically and rationally, option 2 is far better off. However in reality the thought of not winning anything when you could have had the guaranteed 10k makes people choose the safer option 1.

I would go with option 2.
 
Teekay said:
Statistically and rationally, option 2 is far better off. However in reality the thought of not winning anything when you could have had the guaranteed 10k makes people choose the safer option 1.

I would go with option 2.

I was about to say the same. I'm still risk averse, but I think I'm willing to take the risk as long as the chance is at least 25%.
 
Risk for $100,000 for me. The chances aren't too bad and plus, to me, you can go through $10,000 quite easily if you really were that bad with your money.
 
Win 10 grand most definitely :tup: 10k at this point in my life would help me out significantly! Yes 100k is a lot and 50% is not a bad chance, but I would much rather receive the 10k right now to get me through school to get my degree, which very possibly could get me to the 100k a year by landing me a good paying job.
 
I would go ahead and take the 50% chance. If I win, that'd be amazing. However, if I lose, nothing changes.. I'll just be back to where I am. I say it's worth the risk.
 
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