Indeed, all things considered and equal, you wouldn't spend most of your time on something which pays less (that I certainly agree with). But it still does make sense to put at least some effort into something which pays less even if your total income will suffer. The point is, it is never "all things considered and equal" in real life, and you don't know how it is going to play out in the long run. It may turn out that spending (wasting in your speak) some time and effort on a seemingly less profitable activity will pay back manifold in due course. Especially when they finally ban you from WinDice
That actually makes sense, what is scary is we have talked about how we could abuse wolf.bet and that would be profitable in the past page or so
. I am sorry to wolf.bet personally for such a topic, I just saw it and jumped into it and wanted to share my opinion but obviously it is not a safe topic and wouldn't want to encourage anyone
To tell the truth, I was speaking generally
WinDice just turned up conveniently as an illustrative example to show that more general idea. It actually has a lot of application well beyond gambling. For example, two countries which trade with each other can produce two products. From a naive point of view, it may seem that each country should only produce one product, i.e. the one with lower cost of production, while buy the other from the second country. In real life, however, it may be economically practical to produce both products in either country, although in different proportions, of course, and buy the rest