Someone gives you $1000. You can flip a coin to triple it (or lose it all), or you can take the $1000 and go home. What are you doing?

Do you take the money or flip the coin?

  • I'm taking the $1000 and leaving

  • I'm flipping the coin to try to get that $3k


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acri1

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Someone gives you $1000. If you want, you can just take the $1000 and go home.

Or, you can flip a coin, and if it's heads you get another $2000. But, if it's tails, then you don't get any money at all and have to give the $1000 back. The coin is fair.


What are you doing?
 

CopiousX

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1k isn't really that much. You wouldn't be losing very much if you tried to triple it.
 
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