[QUOTE=Iknewit]
I am calling his challenge bogus. Bogus being dishonest and deceitful.
When offering a prize, contrary to your assertion, it is generally expected that the prize is to actually be awarded. This is what makes the challenge bogus. Bogus being dishonest and deceitful. There is no intent of awarding the prize. Quite to the contrary, it seems rather obvious that the intent is to expose frauds and fakes, not the stated objective of the contest. The stated purpose is to award a prize. We have pretty much fleshed out that this is not the primary objective, thus, it is bogus. Bogus being dishonest and deceitful.
[/QUOTE]
It’s not a lottery. It’s a bet. Have you ever heard of a bet?
When you place a bet, you don’t go into it expecting to lose. That’s how bets work, see.
Randi is betting that all the magicians and psychics are liars. That’s his bet.
It’s not a lottery. It’s a bet.
The less likely you think something is to happen, the more money you generally are willing to bet.
Randi’s betting a million dollars.
He’s pretty sure that he’s right.
The stated purpose of a bet is NOT to award a prize.
The stated purpose of a bet is to PROFIT FROM BEING RIGHT.
That’s not dishonest. That’s how betting works.
Perhaps it confuses you that Randi doesn’t ask the competitor to put up money.
The reason he doesn’t is becasue they’re gambling their credibility.
Gambling.
'Cause it’s a bet.
Randi’s profit is to discredit psychics.
To do that, he bets money, expecting not to lose it.
That’s not dishonest. That’s how betting works.
It’s not a lottery.
And there’s nothing bogus about it except the challengers.