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Man loses life savings on carnival game

I think life-savings is a bit over dramatic. One would assume the term life-savings is more than $2,600.00

He's also a **** idiot, losing $300.00 then going to get another $2,300.00 to 'win it back'. If you were that depserate for an Xbox with Kinect go buy one. If you were that desperate to win your losses back back an odds-on horse or something - it's a gamble but you actually win your money back and not just an Xbox if it comes in?

At least he got a rasta banana.
 
Yeah, **** moron, he wasn't even going to get his money back so why bother?

And he must have been there for hours ahhh.

A lawsuit? **** off.
 
If he was clever (which he obviously isn't), he would set up an eBay auction for the Rastabanana to try and get his money back :lol:

What a complete knob.
 
Wow.

He must have really lost it after his first several attempts, which caused him to keep trying.
 
^ It really does! Now, for the benefit of people here less intelligent than me - ie most of them - what the **** does that mean? Obviously, I know exactly what you're talking about, but many people won't.
 
The Sunk cost fallacy is where you keep investing in something based on how much you have already invested in it rather than the risk/reward of investing in it.
For example if you owned a company on the verge of bankruptcy. You may be more inclined to invest more money in it if you had already invested a large amount of money into it. While logic says you should sell the company.
 
fefa said:
So he spent $2600 to win an Xbox?
How much is an Xbox?
Click to expand...
Xbox 360 is past the end of its console life with Xbox 1 coming out, so it would run for $125-250 today, maybe $190-300 when he bought it.

Not as bad as if it had been today, but still.
 
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