Thread: So Am I A NIt?
View Single Post
  #4  
Old 05-31-2007, 12:12 PM
pyedog pyedog is offline
Senior Member
 
Join Date: Feb 2005
Location: Waterloo, ON
Posts: 710
Default Re: So Am I A NIt?

[ QUOTE ]
[ QUOTE ]
I'm not a gambling expert but wouldn't the better question be how much money you're willing to gamble on an even money coin flip? That seems like the kind of thing a nit would have a real problem with because nits demand an edge in every bet they take.

By the way, I'm a nit and I wouldn't make an even money coin flip for very much at all, maybe 1/2000th of my net worst at most, and only if I was goaded into it by a friend.

[/ QUOTE ]

No, it wouldn't. And you sir are a nit.

[/ QUOTE ]
Care to explain why it wouldn't? I'm a nit and I would take 7:5 odds on a $20K flip. That's just a good investment. But I wouldn't bet even money on a coin flip for more than $100, and preferably less.

I think that a true non-nit (eg. Grimstarr) would bet huge amounts of money on an even money flip, and even more ridiculous amounts of money on a flip getting 7:5.

So what percent of your net worth would you wager on an even money flip?
Reply With Quote