Quote:
Originally Posted by Randy Chase
I think you are still agreeing. They work on averages. That was my point.
And I said, if for some reason, you buck the averages, then it might be a good deal for you. But my point is still 100% valid. This is how they make money. Just like a casino. You can tell me how you went into Vegas and walked away with money, but I am saying the casinos bank that on average, they take in more than they pay out. It is just math.
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So which is the bigger gamble, buying an extended warranty and risking the money you spent on it or not buying the extended warranty and being liable for any significant repairs?