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| Thread ID: 94191 | 2008-10-18 18:23:00 | Lotto machine glitch last night | Digby (677) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 713117 | 2008-10-21 18:24:00 | The funny thing is that NZers spent $70 million on tickets chasing the $30m jackpot, which wasn't even guaranteed to go... Good thing they're not a private, for-profit company.... Is there a reason private lotto companies can't start up? I guess it's illegal, because of the possibility of fraud perhaps? |
george12 (7) | ||
| 713118 | 2008-10-21 19:01:00 | You've got like a 1 in a few billion chance of hitting the magic numbers I think, if you buy just 1 ticket... odds of winning suck...! You think the Lotto odds are grim? :( Well, how about the election? ;) (At least with Lotto you only pay for the ticket once.) |
R2x1 (4628) | ||
| 713119 | 2008-10-22 21:55:00 | It seems to me as if amount of amount of money won vs satisfcation follows some sort of sigmoid function. Assuming that 1 million dollars is well up the curve, the one week you shouldn't buy a lotto ticket is when ticket sales are three times normal. Rather, you should buy lotto tickets in a week that ticket sales are half normal. This gives you much better odds of winning for a similar payback. Right? |
shermo (12739) | ||
| 713120 | 2008-10-23 00:16:00 | It seems to me as if amount of amount of money won vs satisfcation follows some sort of sigmoid function . Assuming that 1 million dollars is well up the curve, the one week you shouldn't buy a lotto ticket is when ticket sales are three times normal . Rather, you should buy lotto tickets in a week that ticket sales are half normal . This gives you much better odds of winning for a similar payback . Right? Not quite . Your odds of winning stay the same . It just means there's less chance of someone sharing your numbers, meaning you get to keep it all to yourself . |
ubergeek85 (131) | ||
| 713121 | 2008-10-23 04:07:00 | Your odds of winning stay the same If this is true, then sure . However, I thought there were 'must win' provisions of some sort . I've never bought a lotto ticket in my life so I don't really know the details . |
shermo (12739) | ||
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