600,000 bucks changes your life. Take the money and have a great life. I love when people on this show win big and get out when they're supposed to. When you get greedy like this guy did, I laugh my ass off when they lose. He got what he deserved, period
I agree with him on turning down 600k he wasn't being greedy then. IIf he knocked out that dollar, he's a millionaire, if not he's still got 400k to take home, which is still a HUGE amount of money. He was stupid for turning down 400k.
@arab1211 so when a 1$ is there to the end, it's so obviously in his case... but when the other two cases are both millions and they're there to the end, it's not obvious it's in his case? Sorry, you clearly haven't passed any logical math classes in your life have you?
For a one-time coin flip, your decision depends on your total net worth. The equation to solve is: (1+0.416/x) = (1+ 1/x)^0.5, which results in x = 2.476.
Thus if your net worth is more than 2.476 million, you should go for it; if it's less you should take the money.
The deals the bank offers are almost always -ev, but i'm pretty sure this guy doesn't have the 20 million dollar bankroll he should have to handle these swings.
@DanielSong39 yes in the long run, i.e. if you were to run the decision many many times, but would you risk $400,000 on a one-time coin flip? that's when the orbitofrontal cortex should kick in
so the guy won $10,001?
heyuxyz1 3 months ago
and u know whats sad he will take the 10000 grand and might eat it all
FelipeReyes38 4 months ago
turning down $603,000 can be overlooked because of the safety net and the odds r in his favour that his case holds a million dollars
but turning down $416,000 when there is no safety net?. that's just asking for the $1
cottonwell 6 months ago 2
grats fatass, you can buy a snickers now
z3zino 1 year ago 9
And whoever those people are, they really suck for telling him to not take the deal, listen to your mother you fatass
MusicMixology 1 year ago
Id have taken the 600k period, if the 1$ doesnt appear till that point the odds that you have it in your case are already kinda high!!!
MusicMixology 1 year ago
the english version is better.
MRJONNYMUSIC 1 year ago
600,000 bucks changes your life. Take the money and have a great life. I love when people on this show win big and get out when they're supposed to. When you get greedy like this guy did, I laugh my ass off when they lose. He got what he deserved, period
sprsnc20 1 year ago 3
I agree with him on turning down 600k he wasn't being greedy then. IIf he knocked out that dollar, he's a millionaire, if not he's still got 400k to take home, which is still a HUGE amount of money. He was stupid for turning down 400k.
Hitaro9 1 year ago 2
Man, there a lot of fat people in the USA.
TSM8088 1 year ago
@TSM8088 if u came to the u.s.a u would see that theres not as many as u think
MJJMatrix 1 year ago
@MJJMatrix I did that, but I had to leave because there was nothing left to eat...
TSM8088 1 year ago
I think turning down the 600k was the right choice theoretically, but turning down the 400k was moronic.
orion1anon 1 year ago
i so wouldve taken the 603,000 dollars!!! when the $1 is there all the way to the end, it's obvious it's in your case. and talk about being greedy!
arab1211 1 year ago
@arab1211 so when a 1$ is there to the end, it's so obviously in his case... but when the other two cases are both millions and they're there to the end, it's not obvious it's in his case? Sorry, you clearly haven't passed any logical math classes in your life have you?
jhunt123456 7 months ago
For a one-time coin flip, your decision depends on your total net worth. The equation to solve is: (1+0.416/x) = (1+ 1/x)^0.5, which results in x = 2.476.
Thus if your net worth is more than 2.476 million, you should go for it; if it's less you should take the money.
DanielSong39 1 year ago
wdf 416k and 1 case with 1 dollar n he said no deal?
JvPaVp 1 year ago
I would of been depressed for a long time if that happened to me.
123uiuiui 1 year ago
Comment removed
8888andris 2 years ago
His strategy was correct. You have to go for it in that instance, which gives you the higher expected value.
DanielSong39 2 years ago
The deals the bank offers are almost always -ev, but i'm pretty sure this guy doesn't have the 20 million dollar bankroll he should have to handle these swings.
ml497 2 years ago
@DanielSong39 ...how u figure that....
HOMEnHIGH 1 year ago
@DanielSong39 yes in the long run, i.e. if you were to run the decision many many times, but would you risk $400,000 on a one-time coin flip? that's when the orbitofrontal cortex should kick in
ezox00 1 year ago
i so would have taken $416,000
henboyman 2 years ago 6
"His actual bonus winnings at the end of the show was supposed to be $1,010,001. It was $10,001."
Um...what? I get the second sentence...
quadrupleplay 2 years ago