A life gamble

Imagine you have a 20 year life savings of 100,000 dollars to your name and willingly agreed to spend any portion of it in a bet. Knowing you had a 50 percent chance of winning and would be paid 10 times the amount of your bet if you won, what fraction of that 100,000 would you be willing to wager?

Help us keep this site organized and clean. Thanks!
[ Report Post ]
Comments ( 9 ) Sort: best | oldest