5 second poll https://strawpoll.com/5w2dazg

Anyone who doesn't pick
>a sure loss of $750
is an idiot

>>302302
GODDAMN IT
need more context

i picked 75% chance

>>302307
The expectation is the same, Archimedes.

1*750=(0.75*1000)+(0.25*0)

>>302909
that's true, so now we need context:
is it one trial, or a few?
can I afford to lose, or can't I?

casinos don't want you playing once, winning a $1000 and then leaving

if it's a one time thing, i'd go with the risk despite the expected values being equal

>>302307
How about an alternative hypothetical? Would you rather bet $1 on each number on a 38 (double zero) number roulette wheel, or $38 on a single number? A winning bet on a single number pays out 35:1.

Bear in mind the expected value is the same either way.