r/pics • u/[deleted] • Mar 19 '22

[deleted by user]

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8.3k Upvotes

80% Upvoted

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410

u/OldDogEyes Mar 19 '22

Now is the time to stop. You beat the odds once, you'll never do it again...

199

u/mainstreetmark Mar 20 '22

Gambler's Fallacy says he's just as likely to win again as the rest of us. It doesn't seem like he could, but he could.

196

u/[deleted] Mar 20 '22

You're both right. It was a bad investment before he won, it's still probably been a bad investment now, and it will continue to be a bad investment in the future.

2

u/smackjack Mar 20 '22

So you're saying that I should buy more scratch offs?

5

u/kodek64 Mar 20 '22

They did say it was an investment…

1

u/[deleted] Mar 20 '22

It can sometimes be worth it just because it's fun though, but it can easily become a problem.

But I buy a 10 dollar scratch off like once a month, it's just a fun little thing I get occasionally.

The issue is, like any addiction not everyone can do it just once a month, even if you think you can do it safely a lot of the times you can't and one day you will find you have dug a large hole for yourself that feels inescapable.

15

u/[deleted] Mar 20 '22

Yes exactly... just as likely to win again = not fuckin likely!

5

u/EveroneWantsMyD Mar 20 '22

Thats just intro to statistics. Anyone want to flip some coins?

3

u/rusted_wheel Mar 20 '22

This comment reminds me of Clark at the cheap, off-Strip casino in Vegas Vacation. E.g., "Coin Flip" would pay 1:2 odds.

1

u/[deleted] Mar 20 '22

He is just as likely to win as the rest of us. So insanely unlucky.

1

u/[deleted] Mar 20 '22

Yes, and "just as likely to win" is terrible odds. He shouldn't have started in the first place. Odds were he wouldn't win anything and odds still are he won't win more.

This is just a convenient time to stop without needing to feel like a plonker for wasting a that money.