Question
During lunch a friend challenges you to a quick game of dice where the wager is $10 a game. Yo have exactly $10 for lunch, but you’re felling lucky and think you can winWhat are the risks?(actual and perceived)What could happen (positive and negative) what do you do?
Answer
The actual risk is losing the $10 you have for lunch. The perceived risk is that you may become addicted to gambling and lose more money in the future.
The positive outcome could be winning the game and doubling your money. The negative outcome could be losing the game and not having any money left for lunch.
It's important to weigh the risks and benefits before making a decision. In this case, it may be best to decline the challenge and use the $10 for lunch instead of risking it on a game of chance.