From $603,000 to $1 In 60 Seconds

The all-time biggest bonehead move in Deal Or No Deal history.
thinker247says...

^ What he said.

The 600K was guaranteed, so if he picked the million, he made 400K. But if he took the 1 dollar, he lost 600K. I'd rather go with the odds on that one.

*promote

siftbotsays...

Promoting this video and sending it back into the queue for one more try; last queued Friday, October 31st, 2008 11:30am PDT - promote requested by thinker247.

ponceleonsays...

Two things I love about this video:

1. The woman's voice telling him to keep going. She's so damned entitled her voice is cracking... Yup lady... real heroic of you.

2. The way he claps when the $1 case is opened. That's right tubby. Clap away cuz your fail is EPIC.

Fjnbksays...

>> ^thinker247:
^ What he said.
The 600K was guaranteed, so if he picked the million, he made 400K. But if he took the 1 dollar, he lost 600K. I'd rather go with the odds on that one.
promote


They did an experiment like this. Now imagine that you have $1,000,000, but either someone will take away $400,000 or you can flip a coin and lose either nothing or $999,999. Most people will flip the coin.

thinker247says...

600K is about 40 years of salary for me, so...yeah. I'm not flipping any damn coin.

>> ^Fjnbk:
>>^thinker247:
^ What he said.
The 600K was guaranteed, so if he picked the million, he made 400K. But if he took the 1 dollar, he lost 600K. I'd rather go with the odds on that one.
promote

They did an experiment like this. Now imagine that you have $1,000,000, but either someone will take away $400,000 or you can flip a coin and lose either nothing or $999,999. Most people will flip the coin.

ShakaUVMsays...

>> ^Fjnbk:
>> ^thinker247:
^ What he said.
The 600K was guaranteed, so if he picked the million, he made 400K. But if he took the 1 dollar, he lost 600K. I'd rather go with the odds on that one.
promote

They did an experiment like this. Now imagine that you have $1,000,000, but either someone will take away $400,000 or you can flip a coin and lose either nothing or $999,999. Most people will flip the coin.


No way. There is a diminishing returns on what you can do with money. The first $100k is worth a lot more to me than the second $100k, and so forth. I'd take a guaranteed $100k over a 50/50 shot at $300k, even though the expected value is less.

In this retard's case, his expected value was $500k, but they were offering him $600k for it.

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