07-18-2019, 09:54 AM
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#2
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Join Date: Jan 2007
Age: 28
Posts: 6,371
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Re: VSauce2's Infinite Money Paradox Reaction
The point of the video was to demonstrate a situation where you could make infinite money from a game, permitted that you had near infinite money, and the person willing to dish out money from the game, also has infinite money.
It's definitely a reason why people play lotteries and such, because the median expected value & average expected value is so misconstrued by the top prize. Heck, it's why people play scratch-off lottery tickets. The chance of winning a prize is greater on scratch-off tickets, but the chance of reclaiming your money on them is worse than standard print-off numbered lottery tickets (usually).
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Quote:
Originally Posted by YoshL
butts.
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