(March 24, 2014 at 8:07 am)Jacob(smooth) Wrote: Flawed reasoning because it ignores the "pot odds". One would also have to include the price of the bet and the value of the prize.
A theist would argue that the prize the bookmaker is offering is not even odds (double the value of your bet) but rather an infinite prize. In which case 5% is damn good odds. I'll happily bet £10 quid into a £100 pot with 25‰ odds.
The problems with Pascals Wager are different. Not least that if God does exist, he probably hates a smartarse.
Get your asbestos suit cause you're going to hell