Making Money easy (Idea)

Edrof · 17 May 2013 at 15:02

I'm in, but only if it's a bitcoin a week.

Ace Modder · 17 May 2013 at 15:02

what if the same person wins three times before you do once?

T345 · 17 May 2013 at 15:03

Ace Modder said:
what if the same person wins three times before you do once?

I guess when someone wins once, then they are removed from the 'possible winners' list. Which will increase the probability of you winning.

AJK · 17 May 2013 at 15:03

Jimz said:
Exactly, its instant quick money for the winners in the first year or two.

No, don't assume I'm supporting your idea. Sure, it's instant money for the winners - it's a lottery, that's how lotteries work. But your "everyone wins" idea falls down a bit when you calculate (correctly) how long it would take for a return.

Jimz · 17 May 2013 at 15:03

T345 said:
I guess when someone wins once, then they are removed from the 'possible winners' list. Which will increase the probability of you winning.

Yes exactly that, they would be removed but still have to pay.

mattyg · 17 May 2013 at 15:03

Jimz said:
Exactly, its instant quick money for the winners in the first year or two.

Instant

Year

or

Two

Then its not Instant

Richdog · 17 May 2013 at 15:04

This thread just gave me a genuine grin for its well-intentioned naievety, 5* from me.

arc@css · 17 May 2013 at 15:04

I wouldn't have to wait long.

DAnDan · 17 May 2013 at 15:05

Jimz said:
Yes exactly that, they would be removed but still have to pay.

In which case you get the exact example I already gave you.

You win exactly the same amount as you spend playing. Sure the first guy will get it all in one go, but he'd better not spend it, he's going to have to use it to pay the £1 for the coming weeks.

mattyg · 17 May 2013 at 15:05

There was a "pyramid" scheme shut down by the DTI about 15 yrs ago that DID work.

I'll try and dig it out I'm sure it began with an M

It ran like a family tree

Ace Modder · 17 May 2013 at 15:07

T345 said:
I guess when someone wins once, then they are removed from the 'possible winners' list. Which will increase the probability of you winning.

And why would they then continue to pay in?

T345 · 17 May 2013 at 15:07

DAnDan said:
In which case you get the exact example I already gave you.

You win exactly the same amount as you spend playing. Sure the first guy will get it all in one go, but he'd better not spend it, he's going to have to use it to pay the £1 for the coming weeks.

Or you can leave the forums...

Jimz · 17 May 2013 at 15:08

I wonder how far this would get on Dragons Den

To be honest I will work, it is do-able and you WILL get the money the question is how long.

AJK · 17 May 2013 at 15:08

DAnDan said:
Sure the first guy will get it all in one go, but he'd better not spend it, he's going to have to use it to pay the £1 for the coming weeks.

Of course, the interest will more than cover the continuing payments (assuming that the initial pot is not depleted too far), and even if it didn't, the utility of having a £100k lump sum in exchange for a continuous small payment is extremely high (it's basically a loan that you'll never live long enough to fully repay).

T345 · 17 May 2013 at 15:09

Ace Modder said:
And why would they then continue to pay in?

Well, if you were a dumbass then you would, if you had even half a brain you would leave the forums. OR it could be considered as some kind of subscription to go on the forums.
Nevertheless, the idea is flawed. What if the person who has been paying for 35 years sees OcUK go out of business, and the forums are not there anymore?

DaleTheWhale · 17 May 2013 at 15:09

Just, WOW.

PapaLazaru · 17 May 2013 at 15:11

T345 said:
Nevertheless, the idea is flawed.

The idea is not flawed. It is totally retarded.

DAnDan · 17 May 2013 at 15:12

AJK said:
Of course, the interest will more than cover the continuing payments (assuming that the initial pot is not depleted too far), and even if it didn't, the utility of having a £100k lump sum in exchange for a continuous small payment is extremely high (it's basically a loan that you'll never live long enough to fully repay).

So in reality, the idea is pretty useless to all but the first few winners.

Remind me why exactly everyone else would ever want to take part?

PapaLazaru said:
The idea is not flawed. It is totally retarded.

Jimz · 17 May 2013 at 15:15

DAnDan said:
So in reality, the idea is pretty useless to all but the first few winners.

Remind me why exactly everyone else would ever want to take part?

The reason why everyone else would take part is because next Friday they could be 110,239 richer.

Its a risk

Ace Modder · 17 May 2013 at 15:20

if you all want, just give me £1 each and we can call it quit.

My paypal address is........ @gmail.com