When To Give Up?

[freecard4all]

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This is more of a math question than trying to correct anyone.
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Here's the question: is it still considered +EV even though your odds are so small to hit since you will not live anywhere close to long enough to get enough shots at it?

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It's not math question, it's psychological question.

(1) what is the EV (in terms of feeling) of having $1?
(2) what is the EV (in terms of feeling) of having $1.000.000.0 (or one zero more)

1st is about 0 EV for me. I don't care about $1 (well that's the price of one hamburger, one cola, one ice-cream, one bear). Do you really care about one bear? I don't.

2st is WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO to me. I could do everything I want. I would have never ever work and I would live in luxury for life. I would bought some Ferrari Enzo and live as a king.


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Even if I consider $1 is $1 EV for me then having 100.000.000 is waaaaaaaayyyyyyy more than 100.000.000 times the $1 EV.


Get the point? I don't care if I lose milion times one dollar (I mean a dollar per week). But hell I do DO DO DO DO DO DO care if I win milion dollars in ONE SIGNLE SHOT.

In fact it's ++++++++++EV+++++++++ for me even to think about it [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img]

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edit// what I mean: one ticket is equal to one bear or one cola. If $1 means so much for you then you don't need to buy that one bear. Price of the ticket is the same price as the price of the bear for about the same good feeling (except you can drive after one ticket