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I think there is an additional problem with "1 in 100 year" events: it looks so small that a lot of people don't realize that they are more likely than not to see it in their lifetimes.


It depends on framing. Most people would decline to play Russian roulette even with a 100 chamber cylinder with but a single live round.


Of course they would. What have they got to gain?

Now put a prize in there and I might well play.




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