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Message
Posted on 12/16/14 at 9:09 pm to CE Tiger
I'm not going to speak for your current financial situation. Might be smarter to chop if you don't know how you'd afford groceries for next week without the extra $200 like MSU
Posted on 12/17/14 at 10:23 am to CE Tiger
quote:
makes sense. im going for it all
From the looks of it, and based on Yahoo, you have about a 60% chance of winning. Taking this into account, going for it all is worth about .6*800 + .4*100 = $520
Going for the split is worth 300 + 300*.6 = $480
This is only assuming you have a 60% chance of winning
If it was me, though, I'd probably take the split, because $300 is 3x what you put in, and $600 is still a lot of money, and you never know what will happen. But I don't think that's the mathematically best thing to do, and also, not as fun.
This post was edited on 12/17/14 at 10:24 am
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