Beat the bank on QMFM

Well my i got a call today for "beat the bank" on qmfm.

if u dont know anything about it, go here. http://www.qmfm.com/beatbank.asp

for the people who DO know about it, what would u do? me and my g/f are on a tight budget so 1000-2000 would be really nice, but then we think of 5,000 or 10,000 or even the jack pot of 250,000....

so what would u gamblers do? man i wish it could be like 10,000 or 5,000 instant win i would trade my seat for that in a second...

thanks for the help

Comments

  • I'm not sure when I'd quit myself.

    Any idea of the probability (or various probabilities) of success at each stage if you decide to go for it? It would get pretty tricky if you had already bagged $10,000, but knew you had a 10% chance of winning $250,000. It's clearly a +EV play, but most people would be *very* risk averse in that sort of spot. Losing that kind of bet would probably feel pretty brutal.

    One thing I do know is that if I went for the jackpot instead of (say) $10,000 and lost, that $50 of seafood would be the most depressing meal I would ever have...

    ScottyZ: "In lieu of that all expenses paid trip to Saskatoon, I'll take what's behind door number 3, Monty"

    Monty: "It's......

    .... a monkey."

    [wop-wop-waaaaaa]

    ScottyZ: "Yes!"

    ScottyZ
  • My girlfriend is slowly starting to believe that every guy wants a monkey.
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