Comments on: {P = 0:n} The Game is Rigged http://www.nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/ Blogging about liberty, anarchy, economics and politics Thu, 04 Dec 2008 22:59:35 +0000 http://wordpress.org/?v=2.6.5 By: RollingDoughnut.com http://www.nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4056 RollingDoughnut.com Fri, 04 Jul 2008 14:20:21 +0000 http://nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4056 <strong>State Lotteries, Round 2...</strong> In response to my entry on state lotteries continuing scratch-off games after the top prize is awarded, this response from David Z. at no third solution.Although I concur that the State shouldn’t be in the gaming business, I think the...... State Lotteries, Round 2…

In response to my entry on state lotteries continuing scratch-off games after the top prize is awarded, this response from David Z. at no third solution.Although I concur that the State shouldn’t be in the gaming business, I think the……

]]> By: Jeff Molby http://www.nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4055 Jeff Molby Thu, 03 Jul 2008 20:54:43 +0000 http://nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4055 You neglected to factor in the non-pecuniary benefit of gambling. Many people are simply entertained by the thrill. Those people, ignorant of their zero probability, still receive the entertainment value that they expected. You neglected to factor in the non-pecuniary benefit of gambling. Many people are simply entertained by the thrill. Those people, ignorant of their zero probability, still receive the entertainment value that they expected.

]]> By: Tony http://www.nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4054 Tony Thu, 03 Jul 2008 17:37:03 +0000 http://nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4054 Thanks for considering the issue. I'd hoped to generate even a little bit of discussion because I thought the story interesting. Instead, I've seen what amounts to outrage just because the state is involved. Yeah, conceded. But why is it outrageous? You've done a bang-up job of going after that question. I'll blog a response later today. Thanks for considering the issue. I’d hoped to generate even a little bit of discussion because I thought the story interesting. Instead, I’ve seen what amounts to outrage just because the state is involved. Yeah, conceded. But why is it outrageous? You’ve done a bang-up job of going after that question. I’ll blog a response later today.

]]> By: Mike http://www.nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4053 Mike Thu, 03 Jul 2008 16:29:46 +0000 http://nothirdsolution.com/2008/07/03/p-0n-the-game-is-rigged/#comment-4053 Mmmmhmmm. Even so, I still maintain that lotteries are a tax on people who are bad at math. Mmmmhmmm. Even so, I still maintain that lotteries are a tax on people who are bad at math.

]]>