I meant to imply by “a charity I considered worthwhile” that you’re near the utility break-even point already. Obviously if you think the charity only does a tiny amount of good, then you need a bigger expected win to make the raffle it worth playing.
Why would you? Charities differ in effectiveness by far more than 5%..
I meant to imply by “a charity I considered worthwhile” that you’re near the utility break-even point already. Obviously if you think the charity only does a tiny amount of good, then you need a bigger expected win to make the raffle it worth playing.