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Investing "What determines a good bet"  ?

Suppose that out of the kindness of my heart, I give you 100 dollars, and then say I'm going to let you toss the coin and

If it comes up heads, you give me back that $100. 

If it comes up tails, you get to keep that $100 I gave you, plus X, some amount of additional money.

What would X have to be in order for you to take that bet?

3 Answers

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  • 2 months ago

    If you gave me the $100, I would keep it and walk away unless you made the odds double($200) or nothing!

    • abdullah2 months agoReport

      I see! so you want X to be 100. Thanks for participating .

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  • Anonymous
    2 months ago

    The odds of getting a heads or tails is 50/50 while the odds of me engaging in this pointless game is 0%.

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  • susan
    Lv 7
    2 months ago

    If you, a stranger, approached me and offered this bet, I would feel suspicious of your motives, and repelled by you as a person, and so I would do or say whatever it takes to put distance between me and you and end the conversation in the most efficient way possible.

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