- Amateur Sport ticket
- Cost: $2
- Chances of winning: 1 in 1,000,000
- Jackpot: $1000 and a medal
- Professional Sport ticket
- Cost: $2
- Chances of winning: 1 in 1,000,000
- Jackpot: $10,000,000
Which of these two lottery tickets would you buy?
I don’t know about you, but I’ll take the professional ticket.
If you’re going to invest time and money into something your child does, invest it in something with a higher chance of a higher return.
When the time comes to make a decision as to what sport/activity your child should practice at a “higher level”, if ever that time may come, might as well pick a sport that has a much higher return, for a similar investment…