scratchcard

Ladies and gentlemen, let me first ask you to imagine this scenario:
Today you’re playing a game, and I give you two choices—
Option one: You can take $5,000 for sure.
Option two: You have a 50% chance to get $10,000, but also a 50% chance to get nothing at all.
Alright, raise your hand—who would choose the first option?
(Some people in the audience laugh and raise their hands)
And how about those who would pick the second?
Most people lean toward the first option, because the security of a guaranteed reward feels far more attractive than gambling for a bigger prize.