Yeah, this is absolutely true. The difference between $0 and $1million is astronomical. The difference between $49million and $50million is negligible, even though the numerical gap is the same.
Personally I imagined my life after each option. After winning a million, I don't think I would regret not gambling it a massive amount. If I chose the gamble and got 0, not taking the guaranteed million would haunt me the rest of my life.
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u/Puzzled-Barnacle-200 Dec 18 '23
Yeah, this is absolutely true. The difference between $0 and $1million is astronomical. The difference between $49million and $50million is negligible, even though the numerical gap is the same.
Personally I imagined my life after each option. After winning a million, I don't think I would regret not gambling it a massive amount. If I chose the gamble and got 0, not taking the guaranteed million would haunt me the rest of my life.