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Would you rather get $1 million or flip a coin for $1 billion?

7,686 Views | 83 Replies | Last: 2 yr ago by BartWalling
lethalninja
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Would you rather get $1 million or flip a coin for $1 billion? I would take the million, since it's guaranteed.
Milwaukees Best Light
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F it. Let's flip that b.
The Real Napster
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Ugh…a million is like a thousand dollars now. FLIP IT!
dabo man
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Take the million.
heavily intoxtricated
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Unless you're dirt poor, this isn't even a question. Flip the coin.
Scotts Tot
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To make the question interesting it needs to be something like $100M vs $1B . A lot of people already have millions so it's not that meaningful. The upside of the $B is too great to pass up.
Mayor West
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Does my wife find out I gambled $1m away if I lose?
Slackjaw62
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Mayor West said:

Does my wife find out I gambled $1m away if I lose?


You know, if you get divorced you don't have to worry about this.

And a lot of other things.

Flip the coin.
He Who Shall Be Unnamed
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Scotts Tot said:

To make the question interesting it needs to be something like $100M vs $1B . A lot of people already have millions so it's not that meaningful. The upside of the $B is too great to pass up.
Definitely needs to be higher than $! million to make it interesting. $5-10 million is an amount most people would say would be enough to "tap out" and live comfortably off of. But $1 billion puts you into an entirely different lifestyle.
And, yes, flip the coin if it's $1 million. That's an easy one.
riverrataggie
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Flip the coin. That's easy. It doesn't say what the outcome of flipping the coin should be.
GAC06
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Scotts Tot said:

To make the question interesting it needs to be something like $100M vs $1B . A lot of people already have millions so it's not that meaningful. The upside of the $B is too great to pass up.


Yep. One million dollars wouldn't change my life much. 10-100m would
aeon-ag
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A bird in the hand is worth two in the bush!! I'll take the million!
FIDO*98*
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It would be really interesting to see how this would play out with real money on the line. I'm guessing more people would take the million than not. I'd take the million knowing if it came up on the wrong side, I'd carry the regret of being greedy the rest of my life.
DamnGood86
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aeon-ag said:

A bird in the hand is worth two in the bush!! I'll take the million!

Except in this scenario, it is one in the hand vs. one thousand in the bush.
QBCade
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As others have said, $1M isn't enough. Needs to be $10-$50M to really have to think about it for most.
Sponge
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Billion. Instantly become a BMA. Buyout Jimbo. Be hero.
Chipotlemonger
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QBCade said:

As others have said, $1M isn't enough. Needs to be $10-$50M to really have to think about it for most.


Ding ding ding. Flip that coin all day every day with the OP ratio.
The Real Napster
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Just did a random flip meow. Won the billion!
superunknown
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Give the million and I can flip billions of coins

Checkmate, atheists.
toucan82
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The Real Napster said:

Just did a random flip meow. Won the billion!
I'm sorry, are you saying "meow"?
infinity ag
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Mayor West said:

Does my wife find out I gambled $1m away if I lose?

Do you get your wife's permission to go to the loo?

Wimp.

Ball up.
lethalninja
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You could flip 100 million pennies if you converted the $1 million.
62strat
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Are the amounts gross or net?

I'd take a million net, no hesitation.

Gross…?? Maybe. Maybe not.
agz win
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Ask for a two headed coin and go for the billion. Don't forget to choose heads.
superunknown
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lethalninja said:

You could flip 100 million pennies if you converted the $1 million.


mathninja
toucan82
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FIDO*98*
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GAC06 said:


Yep. One million dollars wouldn't change my life much.


This is also why I'd take the million. I love my life and an extra million would take some stress off, but wouldn't fundamentally change things significantly. A billion could easily lead to unintended consequences that result in more money and less happiness
AggieT
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Should you get divorced before or after flipping the coin?
AggieT
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You could also just give it away. Maybe buy out a contact or two, stack a team with NIL, etc.
QBCade
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FIDO*98* said:

GAC06 said:


Yep. One million dollars wouldn't change my life much.


This is also why I'd take the million. I love my life and an extra million would take some stress off, but wouldn't fundamentally change things significantly. A billion could easily lead to unintended consequences that result in more money and less happiness


Boo this man!!
BoxingAg84
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FIDO*98* said:

GAC06 said:


Yep. One million dollars wouldn't change my life much.


This is also why I'd take the million. I love my life and an extra million would take some stress off, but wouldn't fundamentally change things significantly. A billion could easily lead to unintended consequences that result in more money and less happiness
I'll take my chances.

Brian Earl Spilner
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If you're still under 50, taking the million is a far better choice.

Throw it into an S&P 500 index fund, and you'll have a lot more by 60.
fc2112
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heavily intoxtricated said:

Unless you're dirt poor, this isn't even a question. Flip the coin.
Or old - an extra million would make a big difference in my retirement funds right now.

Take the mill.
heavily intoxtricated
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You guys are insane. A million vs a billion?. You'd be giving up a 50% chance at having the ability to change the world and have countless generations of your family completely taken care of in exchange for…a small (comparatively) boost to your savings or retirement account? No.

If it's $10 million right now instead of a million, I'm thinking a little harder, but a million these days is not meaningfully changing your life. I know if you don't make much money, it probably seems like it would, but it wouldn't.
DargelSkout
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Finally, a decently interesting question by the OP.
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