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by Someone
2688 days ago
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”For every $1 you spend at this machine, you should expect to win .95¢." Psychologically, I think that’s a very bad way to phrase it. It tells you what will happen is for you to win, and even can easily be interpreted incorrectly. I would use something like “On average, if you bet a dollar 20 times, you’ll lose it”. I wouldn’t expect it to help much, either. Does this strategy really work for cigarettes, where they use photos of lung cancers? |
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From my understanding these have a measurable impact reducing cigarette purchases and motivating smokers to try to quit.
A web search turns up https://www.who.int/bulletin/volumes/87/8/09-069575/en/