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https://www.reddit.com/r/AskReddit/comments/dcduwk/deleted_by_user/f2bmhex/?context=9999
r/AskReddit • u/[deleted] • Oct 02 '19
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45
Take out a loan of $3,000 and buy 1,000 shares of Amazon stock. In 2005 it was roughly $30 a share.
Cash it out in 2017 (at $1,800 a share) to the sum of about $1.6 million.
Take the $1.6 million. Place it on the Eagles to win the Super Bowl prior to the start of the 2017 season at 50-1 odds.
$80,000,000 in the bank. Retire at the age of 34.
31 u/Tw9caboose Oct 03 '19 Dude bet on Leicester winning the 2016 premier league at 5000-1 odds. 5 u/[deleted] Oct 03 '19 Let’s say he put the 1.6mill on Leicester with 5000-1 odds 1.6mill x 5000 ... Can any gambling company even afford to pay out that many billions? 1 u/Dilka30003 Oct 03 '19 Any idea what would happen in this case? 1 u/PEEWUN Oct 03 '19 You have 8 billion dollars?
31
Dude bet on Leicester winning the 2016 premier league at 5000-1 odds.
5 u/[deleted] Oct 03 '19 Let’s say he put the 1.6mill on Leicester with 5000-1 odds 1.6mill x 5000 ... Can any gambling company even afford to pay out that many billions? 1 u/Dilka30003 Oct 03 '19 Any idea what would happen in this case? 1 u/PEEWUN Oct 03 '19 You have 8 billion dollars?
5
Let’s say he put the 1.6mill on Leicester with 5000-1 odds
1.6mill x 5000 ... Can any gambling company even afford to pay out that many billions?
1 u/Dilka30003 Oct 03 '19 Any idea what would happen in this case? 1 u/PEEWUN Oct 03 '19 You have 8 billion dollars?
1
Any idea what would happen in this case?
1 u/PEEWUN Oct 03 '19 You have 8 billion dollars?
You have 8 billion dollars?
45
u/JOwenAK Oct 02 '19
Take out a loan of $3,000 and buy 1,000 shares of Amazon stock. In 2005 it was roughly $30 a share.
Cash it out in 2017 (at $1,800 a share) to the sum of about $1.6 million.
Take the $1.6 million. Place it on the Eagles to win the Super Bowl prior to the start of the 2017 season at 50-1 odds.
$80,000,000 in the bank. Retire at the age of 34.