If you believe that your side of the bet is highly correlated with civilizational collapse, an alternative would be for me to pay you $X upon agreeing to the bet, and then for you to pay $3X (= X + 2X) conditional on the bet resolving in my favor. Realistically, the amounts would be adjusted for the risk of not collecting, plus economic growth and inflation, so not exactly a 3x ratio.
As for stakes, what stakes would you consider to be “not chump change”?
If you believe that your side of the bet is highly correlated with civilizational collapse, an alternative would be for me to pay you $X upon agreeing to the bet, and then for you to pay $3X (= X + 2X) conditional on the bet resolving in my favor. Realistically, the amounts would be adjusted for the risk of not collecting, plus economic growth and inflation, so not exactly a 3x ratio.
As for stakes, what stakes would you consider to be “not chump change”?
I’m not a gambler by temperment, so I’m just not very interested in betting.