The sports lottery conundrum

  1. Amateur Sport ticket
    • Cost: $2
    • Chances of winning: 1 in 1,000,000
    • Jackpot: $1000 and a medal
  2. 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…

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