Instant $1m or 50% chance to win $100m?

[Keiju]

$100m is a huge amount of money. But I would take the instant $1m. It would give nice extra comfort in to my life. The tought of that extra comfort is more valuable than the extra luxuries that the $100m could get me IF I won.

 

[sandtag]

I would go for green, imagine being able to have your own castle or something like that. If I lost I´d probably hold a grudge .

 

[Alfran]

For the record, average cost of a 3 bed room home in in many areas including my own on the low end is 150K - 200K. That 1 million after our U.S. government gets done with it would be more around the 600K mark. Subtract purchasing a home for your family and you're looking at 350K - 400K left. In other words for those who would play it safe and not make any risky investments, that wouldn't be much to retire on. I'm 31 would certainly not be set for life, unless I'm dieing next year. So yes I would go big, simply because I can stomach losing 350K - 400K, and as my wife said we don't have it anyway. We both work hard, and are happy with out living situation. If we win we win. If not O well. Not to mention I would easily want to give a large chunk to my parents and my wifes parents. On that amount giving them each 50K (100K total for one side - 200K total for both) would be the likely option. Yea I'm living the comfortable life now. Sounds like I'm getting what me and my wife already make with our combined incomes.

I'm not sure what your comment was suppose to mean, but I doubt it was meant in good heart, as it really wasn't needed. And as someone else referred to the choice of picking green as stupid.

Sorry we voted the way we did. Next time I'll try to please you instead of living my life the way I choose

Edit: In terms of need. We have talked about this countless times as it's fun to do. We each agree on giving parents a large amount. Her brother, my sister, a large amount. And our closes best friends a large amount. Pay of all of their bills first, and then the one lump sum after. Everyone named has sacrificed much for us, and helped us get where we are. Their support is unquestioned. It has little to do with spending money on nice cars and stupid crap. And keep in mind we area now only working with 350K-400K. It would be a nice chunk, but not life changing for us.

It would be nice to have that kind of fund, to dolly out as we see fit. Their are a few things I would like to do to help our association at work as well, which would cost a pretty penny.

edit: Sorry these thoughts aren't clear and concise, but I'm rushing to start getting ready before wife loses it on me. We are suppose to be heading to a wedding rehearsal thing.

~~~~~~~~~~~~~~~~~
My comment was not meant in a negative way. Just fact, as proven by your comments.
Why I said I was happy for those who picked green. Is the fact that as you have illustrated,.... in some countries the 1m would hardly set you up for life. Which also means the standard if living is higher,... i.e. you would need quite a lot more than some other countries to survive. Whereby i compared to other places/countries where standard of living is lower,... hence one could survive by collecting rent or from owning your own home,... maybe collecting rent from another property or interest from FD. or smart investment with property could set one up for life. I live in Greece where times are quite bad here and most average income are 1000US a month (and count yourself lucky if you can even have a job). Unfortunately here property is not that cheap still or even a smart investment will probably not raise much in value and even bank interest is not that high. but things are really tough that one learns to survive on quite little. Having a private insurance is a luxury and fending for your basic needs are what most can hope to meet.... much less dreaming of private colleges for kids. And most dont even have kids for that reason,... economy. So i was not meaning it in a bad way,.... but living so tight here, has changed my views whereby i think 1m can be life changing,... at least it leaves some opportunity to make something, when otherwise,..... everything seems quite hopeless. If times were a bit easier and i had my own house, less debts and a brighter future,... I may also have chosen green. That would not make me a bad person for choosing either way, just a matter of how badly one needs the money now.
*I can see your point about the way i put the comment, and how it was perhaps not needed at all... perhaps i was jealous of those who picked green.
*you have to also forgive me, i was in a foul mood. Greece blacklisted about 400 online casinos and i just found out today when i could not log on to play. %$#@!!

 

[Cleveland]

~~~~~~~~~~~~~~~~~
My comment was not meant in a negative way. Just fact, as proven by your comments.
Why I said I was happy for those who picked green. Is the fact that as you have illustrated,.... in some countries the 1m would hardly set you up for life. Which also means the standard if living is higher,... i.e. you would need quite a lot more than some other countries to survive. Whereby i compared to other places/countries where standard of living is lower,... hence one could survive by collecting rent or from owning your own home,... maybe collecting rent from another property or interest from FD. or smart investment with property could set one up for life. I live in Greece where times are quite bad here and most average income are 1000US a month (and count yourself lucky if you can even have a job). Unfortunately here property is not that cheap still or even a smart investment will probably not raise much in value and even bank interest is not that high. but things are really tough that one learns to survive on quite little. Having a private insurance is a luxury and fending for your basic needs are what most can hope to meet.... much less dreaming of private colleges for kids. And most dont even have kids for that reason,... economy. So i was not meaning it in a bad way,.... but living so tight here, has changed my views whereby i think 1m can be life changing,... at least it leaves some opportunity to make something, when otherwise,..... everything seems quite hopeless. If times were a bit easier and i had my own house, less debts and a brighter future,... I may also have chosen green. That would not make me a bad person for choosing either way, just a matter of how badly one needs the money now.

Apparently I'm not the only one running behind. Guess she isn't so time concise herself <~~reference to wife........

Anyway I'm being overly sensitive right now. Perhaps my estrogen was a little high. I'm still in rush mode as I'm typing this and eating at the same time. Would suck if I made all those smart remarks to her about time, and then I still end up being the one not ready. So I didn't thoroughly read your post (this new one), but it sounded like you meant no harm, and as I said I was being too sensitive. So my apologizes.

Yes I know it's odd I didn't take the time to really read your new post, but I'm writing a book here. Hope you get the point in my ramblings and bad grammar.

**this post applies to anyone else I referred too.**

Ok I'm out.....definitely gone this time.

 

[Alfran]

Apparently I'm not the only one running behind. Guess she isn't so time concise herself <~~reference to wife........

Anyway I'm being overly sensitive right now. Perhaps my estrogen was a little high. I'm still in rush mode as I'm typing this and eating at the same time. Would suck if I made all those smart remarks to her about time, and then I still end up being the one not ready. So I didn't thoroughly read your post (this new one), but it sounded like you meant no harm, and as I said I was being too sensitive. So my apologizes.

Yes I know it's odd I didn't take the time to really read your new post, but I'm writing a book here. Hope you get the point in my ramblings and bad grammar.

**this post applies to anyone else I referred too.**

Ok I'm out.....definitely gone this time.

You dont need to apologize,.. we both meant no harm. I like it when ppl speak their mind... at least it is out on the table. Have a good time tonight,... only positive vibes to you .... make good memories, these mean more than money.

 

[Jasminebed]

Have I been drinking when I see this button?

I'm almost 55, a million would let me fully retire, and I could still help my kid out with a down payment for a house.

Even with odds that good, I couldn't press my luck.

Please please don't show me a reveal on the green button, I don't want to know.

 

[secret2]

What about collusion?

Everybody in a group gambles for the $100 million and shares the proceeds, that's $50 million per group member on average, better than any one member picking the $1 million.

I love this idea! The only thing though?....Trusting that the winner shares.

But it would be Red for me.

 

[Alfran]

Have I been drinking when I see this button?

I'm almost 55, a million would let me fully retire, and I could still help my kid out with a down payment for a house.

Even with odds that good, I couldn't press my luck.

Please please don't show me a reveal on the green button, I don't want to know.

That would make a good reality show... lol Esp the reveal .LOL

 

[BingoT]

I'll take Green for money.
I can see it now BingoT wins & makes a wing at the hospital for children with disabilities.

 

[Andy Walker]

Has anyone read the terms and conditions?

 

[skiny]

Is this really 50/50 or one of these "gamble feature" 50/50s where you seem to be wrong 85% of the time?

 

[Andy Walker]

Is this really 50/50 or one of these "gamble feature" 50/50s where you seem to be wrong 85% of the time?

Now we are getting to the real probing questions and the true cynicism that is almost a requirement from a gambling orientated forum

 

[nisosbar]

Def. red. Yes, that is a life-changing amount of money for most people. Maybe not for those like the aforementioned Michael Jackson or others who earn annually that or more (a relatively high portion of working people), but even people like them will take the sure thing over the gamble, probably half the time.

 

[Pocketdiggers77]

Is this really 50/50 or one of these "gamble feature" 50/50s where you seem to be wrong 85% of the time?

Exactly. You take the sure bet for $1 Million. To this day I am still pissed off at McDonald's and the Monopoly promotion they ran that was rigged or the Publishers Clearing house sweepstakes that was also rigged. The list goes on and on and on. There is a reason we do not trust big business and it is because we are usually lied to.

 

[SlotsLover]

Exactly. You take the sure bet for $1 Million. To this day I am still pissed off at McDonald's and the Monopoly promotion they ran that was rigged or the Publishers Clearing house sweepstakes that was also rigged. The list goes on and on and on. There is a reason we do not trust big business and it is because we are usually lied to.

Green. 1M is great, but no way I could retire with 2% interest rates. 100M, not only never work again, but I could give away millions to charity as well!

 

[Balthazar]

By pressing the green button, you're basically gambling the 1M from the red button to win 100M.

100-1 odds on a coin flip is f'in insane.

 

[shanetospin]

Hi Guys,

We've just posted this on Facebook for a bit of fun, I thought I'd post here to see your responses.

View attachment 41832

Red or Green? You get one choice and can only press the button once.

Mark

I'd pick green hands down, I mean, how many other times would you get this opportunity - I'd say it's worth the risk!

 

[lotusch]

100% Red ....
I would be just happy with 1 cool million ....
That would make me able to secure my daughters futures and also would pay off my mortgage on the house ....
And then still enough left to do a lot of fun things in life .....

 

[skiny]

How about we haggle?

The red is 5 million, the green is 50 million.

And it's best 2 out of 3.

 

[Bullajami]

Green.


As long as you promise NOT to tell my wife if I lose.

 

[LaHutti]

Definitely green. Where do I go, to push the button Mark

 

[chuchu59]

Definitely green. Where do I go, to push the button Mark

You don't need to push the button. As part of his service he did it for you and you lost. As compensation you have an amazing 100% match bonus up to $1000 waiting in your account to try the progressives. Good Luck.

 

[243 lines=daft]

By pressing the green button, you're basically gambling the 1M from the red button to win 100M.

100-1 odds on a coin flip is f'in insane.

Indeed. And there may be a side to this seemingly innocous survey to get an idea of how players understand or assess relative value vs true value etc

The true value of the buttons is 50 million usd. Period.
By pressing red, the player is willingly throwing away 98% of the value of what they have in front of them

 

[Jasminebed]

You make those buttons $1000 and $100,000, and I'd be pushing green of course.

But a bird in the hand is worth two in the bush my mom always said.

 

[skiny]

You make those buttons $1000 and $100,000, and I'd be pushing green of course.

But a bird in the hand is worth two in the bush my mom always said.

My mom always said a bird in the hand will make you go blind.

She never mentioned bush.