9 ms·

Yes, you can. Not sure how that's relevant to the discussion though.

• bryanrasmussen 2y ago
  it's a typical HN Gotcha of which I myself am often guilty, given hundreds of different chances, and one of those chances can make you a billionaire, then you can become a billionaire by betting on hundreds of different chances - but of course horse race gambling doesn't give you that billion in one shot chance. on edit - well I guess it technically does it give it, but at such a high rate of investment it isn't really that worthwhile either. The point about the lottery is that a single ticket which costs little can return a billion. A horse race that returned a billion probably needs at least a 100 million to be bet, which is probably not even possible.
  • brudgers 2y ago
    Do you think the probability of a working system are lower than the probability of laundering money at the racetrack? If you start with two billion, it’s relatively easy to walk away from the track with one.
    • bryanrasmussen 2y ago
      it sounds to me like you think I've said something about the likelihood of a working system, and also that you think I am somehow in opposition to your second sentence, and require setting straight on the matter? I admit I am at a loss how either of these suppositions could actually come to be, based on what I wrote, so I suppose I am mistaken.
      • deleted 2y ago
        [deleted]
      • brudgers 2y ago
        You mentioned getting real money to make a system work. I pointed out an ordinary mechanism by which a person could find capital. A winning system could offer better rates to customers of a money laundering service.