this post was submitted on 30 Dec 2024
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This is probably the most likely outcome. It doesn't take much intelligence to just hire someone to handle your investments, but it also doesn't take much intelligence to recognize that gambling is profit-negative. Sure, someone gets lucky, but more money is lost than gained so the expected value is negative. People who can't realize this are more likely to be scammed, because they already were at least once.
Thats usually exactly where the scammers start scamming from what i have seen. With that kind of money, people get greedy very quickly.