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Old 07-18-2019, 09:54 AM   #2
gold stinger
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Default 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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