If I got double, I would simply return it
this post was submitted on 31 Aug 2025
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Remember most gamblers stop one hand before they win big.
now that's a malicious sentence... but yeah, quitters never win :|
Isn't it weird how it's literally always double? My luck must be the worst.
This is future NotTheOnion. Calling it now.
Bonus if it has a countdown timer tied to the odds, for that sweet, sweet FOMO adrenaline and dopamine.
Double or Nothing but it makes no mention of the odds. Oh well. I'm a gacha gamer so the odds have got to be better than FGO so i'd take it
It shows a coin, so I would assume 50/50
But they don't say explicitly, so they're obviously lying with that coin pic.
Which is exactly what they'd want you to think.
Living on the edge.★
(((((★Buried in TOS: coin edge occurs ⅛ of the time: lose the money, no product)))))
Is it a gamble? I thought it was a choice and was like "Who the hell isn't gonna take 'Nothing?'"
"Double, please-No, wait!"
"Ah! You said double! No taksies backsies!" taps store policy sign
I'm getting "cake or death" vibes
So like, how do refunds work?
If you can't get a refund and you paid double, you're screwed and you might not even get a satisfactory product. But if you can get a refund, you can just try it and immediately get a refund if it didn't go your way, breaking the system.
On the flip side, if you won the gamble and paid nothing, you might still get a shit product. In this case you can't get a refund because you didn't pay anything, but the product still isn't worth its purported price, and you still took the gamble based on this false value. It's still a rip-off.
Maybe gambling and shopping don't go together quite as well as it first appears.
If you pay nothing, the payment provider actually paid, and they get the refund. If you paid double, then the merchant still only got paid once, and you get that share back.
So like, how do refunds work?
You "flip" the coin at any time during the eligible refund period, but the result is only revealed after the refund period has expired.
They had better pay me interest while they're holding my money, then.
Do they get interest for the product you held during the return period?
Yes, they get a slightly used product in return
You typically earn interest for granting someone the privilege of the use of your money.
Do products in warehouse typically earn interest, or do they depreciate?
Your username checks out, lol. At 5% APR, 30 days' worth of interest on this $390 purchase is ~$1.63.
And if we consider that Nike is acting as a bookmaker in this case, the house edge for a bookmaker is around that amount anyway. Nike is likely to bake this edge into their margin anyway, but I don't think it's likely that you'd get a bonus of $1.63 if you win this bet, in this hypothetical.
I’d imagine it would refund the cost of the product to you no matter the result of the coin flip since it is basically gambling. If you return it after getting it for free you get paid the cost and if you return it after paying double you still get back the cost.
That's just a casino.
Degenerates would just add the biggest items to their cart and gamble for the chance at 'free' money
This would be a winning strategy for the seller, given that the value of the product is less than what they charge.
I don't think so. They're still making the exact same revenue per sale on average. The cost isn't relevant here, another way of looking at it is in the case the customer pays nothing they've lost the cost of the goods and the profit they would have otherwise made, so it evens out.
It works out well for the seller if, by providing the option to gamble on the product, they increase sales, which I would guess it would (at the expense of being morally grey).
It entices people to buy/play when they may be on the fence or not that interested, so it is probably a net positive.
And say it is 50/50 odds then and the product is 50 bucks to make and $100 to sell. If they do double or nothing they lose $50 cost(and no profit) and next one (doublel they make $200 ($50+ $150 profit) So 2 items with total product cost of 100 brings in $200 so $50 profit over both sets.
So it seems company does same business, but a chance of luring in potiental extra sales on the gamble
You're right actually, come to think of it. Their revenue would be the same overall.
Assuming the odds are 1:1. It's implied but not explicitly stated, which suggests it's probably not 1:1.
Edit: yes, I know this is a meme.
You’re forgetting that the house always wins
The truth is, the game was rigged from the start.
This would be a winning strategy for the seller ~~given that the value of the product is less than what they charge.~~
Yes! Yes, indeed!
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I'd totally do this and it'd never work in my favor no matter the odds and I'd hate myself for this and that's why I don't gamble
This is how I always was.
Then I sat down in Vegas at a machine and pulled a few times, while my husband sat next to me.
Every time he lost, I won.
A half hour later, I'm up $80 and vowing never to do this again, cause it suddenly makes sense.
Now I can't hear the "Kroger Top-of-the-Hour Conditioning" noise without getting a slight dopamine rush.
What in the Las Vegas steaming garbage is this? This is just a stupid meme, right?
That you see up there is just a stupid meme.
But now the OP has created that concept and freed it into the world. Now all the bets are off.
Dear God....
What have you done, OP?!
Fucking memetic cognitohazards...
They have either doomed or saved us all. My money would be on the first one except... aren't we all doomed anyway at this point, so we might as well roll the dice on this one to find out? 😔🤯
(The answer is no btw, bc that's stupid and not how any of this works.)
Not a new concept, slot machines already offer this
I mean, if I’m able to repeat the bet, eventually I win
Theres no guarantee of fair odds
Bro! Jpeg of a coin! They couldn't possibly be more clear!
~Odds of winning are 1 in 46853. Only 1 prize per country. Winning games may not recieve a prize. In order to claim your prize, submit your name, address, social security number, a blood sample, and the last 13 jobs you worked. Include names of every employee interacted with and their role for each job. Participating means you agree to recieve marketing emails, calls, texts, and carrier pigeons from us and our 9002 partners. Marketing cannot be opted out. Requires purchase of US $5000 or more.~
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"1x FREE FLIP! (Click to Watch Ad)"
Earn 500 flips when you consent to have your memories replaced by ads!
new nightmare unlocked!
butte road...
That's what you get for shilling for apple
/ducks
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