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Greatest Loser Prop

Posted By: Matt Cohn-Geier
Date: Saturday, 29 March 2008, at 11:21 p.m.

In Response To: Greatest Loser Prop (Chuck Bower)

In the case of long-odds gambles for a lot of money, players might be risk-loving. I.e., the use value $10k might be next to worthless for someone, but the use value of $250k might be worth more than $250k, if that makes any sense. If you're only paying $1k for an improved shot at $250k, it might be worth it.

Don't know what I would do; it would depend on the specific circumstances and my calculations, I guess.

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