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xnorswap • today at 4:15 PM • 1 reply • view on HN

> In your example, the additional 1,000 lottery tickets might add nothing whatsoever to the value of the winning lottery ticket in your hand

They add greatly to your expected chance of winning, given you have pooled winnings.


Replies

NetMageSCW • today at 4:48 PM

So do additional investment rounds as they theoretically increase the viability of the company.