Post
Topic
Board Gambling discussion
Re: Get one btc right away or 5 btc with a bet?
by
noormcs5
on 26/03/2024, 17:38:54 UTC
One option – receiving 1 Bitcoin without gambling – offers guaranteed safety and immediate access.  It's the "easy path,"  like taking a familiar route on a map.

The other option – gambling for 5 Bitcoins – presents a tempting lure.  Imagine the potential for significant gains, a shortcut to a larger Bitcoin holding.  However, as you acknowledge, it's a risky path, fraught with the possibility of losing everything.  It's like venturing into uncharted territory on the map – exciting but potentially perilous.

Choosing the "non-greedy" option by taking 1 Bitcoin highlights your risk tolerance and your comfort level with a guaranteed outcome.  It's a smart decision for someone who prioritizes security and doesn't have a high appetite for risk.

Nobody will want to risk and not even get a free 1 bitcoin which is being offered (somewhere  Cheesy). I mean 1 bitcoin is a big amount and i do not see why people will take 1 bitcoin and walk away.
Those who are willing to gamble and hope to make 5 Bitcoins are those people who are either very rich and one bitcoin does not mean much to them. Or the other thing may be that those people aren't aware of the risk involved in gambling and hence they only tempted to take risks for an amount as big as 5 bitcoins.

We can classify those people as greedy who opted for 5 bitcoin here in this scenario. However, if we look at the voting results most of people will prefer guaranteed 1 bitcoin over a risky 5 bitcoin.