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I cannot figure out the logic of this.

Posted on 10/10/12 at 4:38 pm
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 10/10/12 at 4:38 pm
So I just found out that 10 of my warehouse workers do something very strange with their money. Every paycheck they all put $100 into a pool and 1 of them gets the $1000 every time. This repeats every pay day and they rotate so the next person gets the $1000. They are convinced that they are gaming the system by doing this.
Posted by Tiger4Ever
Member since Aug 2003
36703 posts
Posted on 10/10/12 at 4:43 pm to
And that's why they are warehouse workers...
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 10/10/12 at 4:45 pm to
Either they don't know what they are doing and just like the psychological feeling of getting $1,000 in hand every tenth pay period or they are performing the most complicated hedge scheme in history and will retire very shortly.... I'd put my money on the former.
Posted by BACONisMEATcandy
Member since Dec 2007
46644 posts
Posted on 10/10/12 at 4:45 pm to
You can't use logic when there is none involved
Posted by reb13
Member since May 2010
10905 posts
Posted on 10/10/12 at 4:46 pm to
Maybe that's just the easiest way for them to save?
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 10/10/12 at 4:48 pm to
Basically like fantasy football except it takes less time.

Not uncommon among Hispanics, btw.
Posted by Jim Rockford
Member since May 2011
98326 posts
Posted on 10/10/12 at 4:49 pm to
You could look at it as kind of a payroll deduction plan. They'll blow that $100 weekly on insconsequential bullshite, or they can net $900 every ten weeks and have a hellacious blowout.

Also, the guy who wins the first time is always ahead. The worst he can do is break even. When he quits or the game ends, he'll be anywhere from $0 to $900 up, depending on where he is in the cycle. Everybody else is always playing catch up.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16478 posts
Posted on 10/10/12 at 5:48 pm to
With their logic, I'd have to assume that their retirement plan is the lottery?
Posted by Gujam8
Member since Jun 2010
2361 posts
Posted on 10/11/12 at 5:26 am to
Good luck when the first guy bails out after his payday...
Posted by Sorrento Muddbugs
Member since Sep 2011
1794 posts
Posted on 10/12/12 at 5:23 pm to
quote:

So I just found out that 10 of my warehouse workers do something very strange with their money. Every paycheck they all put $100 into a pool and 1 of them gets the $1000 every time. This repeats every pay day and they rotate so the next person gets the $1000. They are convinced that they are gaming the system by doing this.



My wife's family is from the Caribbean and this is very common but with a larger amount of money and less people. It's called Sou-Sou
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