On 12/31/24 5:55 PM, Janet Cobb via agora-discussion wrote:
I think I would object to this on principle. My expectation was that contests would be, well, contests, rather than arbitrage on the spendy -> candle conversion rate.
Even with the double risk element (risk that another participant wins instead, and risk that *no one* wins)?
I could understand objecting to something that was a direct arbitrage without risk -- that's why I built in the without 2 objections requirement. If players can't come out ahead in expectation, though, that really dampens incentive to play contests at all. (If I can get X radiance directly, or X in expectation but with a risk, why wouldn't I just take the direct X in most cases?)
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