NetNews Usenet Archive 1993 #3/NN_1993_3.iso/spool/rec/gambling/6644

Text File | 1993-01-28 | 1.8 KB | 35 lines

Newsgroups: rec.gambling
Path: sparky!uunet!destroyer!gatech!concert!samba!usenet
From: [e-mail] (Don Delgrande)
Subject: Why Pyramids/Trapezoids Don't Work (was Re: FAST CASH!!!)
Message-ID: <[e-mail]>
Summary: Tipoff to the ripoff
Sender: Don Del Grande ([e-mail])
Nntp-Posting-Host: lambada.oit.unc.edu
Organization: University of North Carolina Extended Bulletin Board Service
References: <[e-mail]>
Date: Thu, 28 Jan 1993 15:49:10 GMT
Expires: Thu, 4 Feb 1993 05:00:00 GMT
Lines: 20

Let's get the expected part over with: "it's a scam, it's not a service,
it's illegal" (is the E-Mail version illegal, though?) - and on top of that,
what if the first five people on that list got together to post that
message thinking that everybody who reads it (much more than 15 people)
will send each of them $1?
    Anyway, being a Civil Servant and all, I thought I'd do my good deed
for the day by explaning why these things don't work.  Simple: it is
IMPOSSIBLE for EVERYBODY involved to make a profit.  Proof: take a big pot
and mark it "Pyramid (or whatever shape is in this week) Funds".  All
money that changes hands goes into and out of this pot (i.e. when you send
person X $1, you put $1 into the pot and person X takes $1 out).  If
EVERYBODY makes money, then more money came out of the pot than went in.
Somebody inform alt.magic if this is possible.
    Besides, do you _really_ want to trust a message posted by "(anonymous)"?

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