If there was a button that would give you $1,000 each time you push it with a 1% chance of dying

[Spliff]

This thread

 

[REdefinition]

Brehs in the thread like...

carry the 1. multiply by 100...50 percent.

 

[I Really Mean It]

1000 dollars is not alot of money.
100$ is like 5 or 6 viists to the grocery store

$100 gets you 6 visits to the grocery store?

Where?

 

[Thurgood Thurston III]

Sounds like a 99% chance of getting an easy $1000 to me

 

[NkrumahWasRight Is Wrong]

LIFE GOTTA BE ROUGH
IF YOURE RISKING IT ALL FOR A THOUSAND DOLLARS.



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99%

 

[SATAN]

Mashing the shyt out of that button

 

[filial_piety]

Not even once...life is a blessing and you never know what’s on the otherside

 

[Smokin Rider]

If I just die instantly I won't even know when I lost, all good id press it like a test your might challenge on Mortal Kombat

 

[NkrumahWasRight Is Wrong]

Smell a lot of fish in here

 

[⠀⠀⠀]

 

[R.E.N. Spells Ren]

The most you could possibly get is $99K before certain death

And you everything after $50K is more likely than not to kill your ass

You gotta be the brokest, least responsible person to entertain something like this

One million per press is probably a better set up. At least then you're risking it all for something that can change the lives of those you leave behind

Even tho your math is wrong, your logic is correct: it’s not worth it.

As many have explained, you get 99% chance at $1k each time. The formula is simple: chance of getting x thousand dollars is (0.99)^x.

So the max isn’t $99k; you actually have ~37% chance of getting $99k. Since (0.99)^99~=0.37

200k ~= 13% chance (0.99^200)
500k ~= 0.67% chance (0.99^500)

Given that the alternative result is death, it makes no sense to participate in this unless you have a realistic chance at life changing money. In this game, your chances of getting that high are extremely low.

 

[13473]

There are 100 marbles

99 are green. One is orange

Orange kills you. Green is worth $1K

If you could possibly do it the best way imaginible: you pull all 99 green in a row

Not likely

Once you get to 50 wins in a row, you are now pulling with a less than 50% chance of success. Closer and closer to definitely losing with each draw

Maybe COMPUTER RNG works differently than that but having a 1% chance is exactly what I described above. The RNG is trying to REPLICATE the marble scenario. And it could be said that RNG is synthetic. Fake.

if condoms protect you from pregnancies 99% of the time, that doesn't mean the 100th time you smash a girl with a condom she's getting pregnant.

 

[itsyoung!!]

Yall really took this simple question to the next level for no real reason

 

[Alexander Wiggin]

Even tho your math is wrong, your logic is correct: it’s not worth it.

As many have explained, you get 99% chance at $1k each time. The formula is simple: chance of getting x thousand dollars is (0.99)^x.

So the max isn’t $99k; you actually have ~37% chance of getting $99k. Since (0.99)^99~=0.37

200k ~= 13% chance (0.99^200)
500k ~= 0.67% chance (0.99^500)

Given that the alternative result is death, it makes no sense to participate in this unless you have a realistic chance at life changing money. In this game, your chances of getting that high are extremely low.

The 99% resets every try

 

[The Realist Perspective]

The most you could possibly get is $99K before certain death

And you everything after $50K is more likely than not to kill your ass

You gotta be the brokest, least responsible person to entertain something like this

One million per press is probably a better set up. At least then you're risking it all for something that can change the lives of those you leave behind

That's not how it works.

Each time you push the button, there is a 1% chance that you will die. To view it simpler, flipping a coins 10 times does not mean there will ever be a greater chance than 50% of getting tails for each coin flip.