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ForumsResults 141 - 150 of 197 for 'calculate odds'. (0.01 seconds)

is anyone making an income from lottery
What are the odds against both the PB and MM 175 million to 1 jackpots being won before the 1st of June? Will you still give me 799 to 1 on a $100 bet against that happening? When did I ever offer you that? I didn't say I'd bet 799 to 1 on anything you want. I'm not even gonna respond to the rest of it, you're clearly ignoring my point, which is that the math can calculate the probabilities of all those events (streaks, etc.) It is ALL math. Timing is just the way your perc
May 3, 2013, 5:24 pm - Boney526 - Lottery Discussion Forum

is anyone making an income from lottery
But that doesn't change the fact that expected value is cumulative, and that mathematically, you're life is ONE LONG SESSION. That math explains why the cost of a monthly life insurance premium is higher for a 50-year-old than a 20-year-old. But doesn't explain why a 50-year-old who wagered and lost $100s trying to win life changing jackpots continues to wager when they know the odds against winning are just as bad on their next bet as their first bet. When a 20-year-old says they know t
May 3, 2013, 1:34 pm - Stack47 - Lottery Discussion Forum

is anyone making an income from lottery
The odds are the same, 3 to 2 whether it's 6 ways to roll a seven and 4 ways to roll a 9 or 5 or 600 ways to win and 400 ways to lose. Because the odds favor the a Don't pass bettor by 3 to 2 they lay $600 to win $300 and they have $900 worth of chips. By betting 600 numbers the odds favor the Online pick-3 player by 3 to 2 so they are also laying $600 to win $300 and the payoff is the same $900. Well that's just not true. If you lay 600 on the odds for Don't Pass on a 5/9 you will be
May 1, 2013, 6:40 pm - Boney526 - Lottery Discussion Forum

is anyone making an income from lottery
Laplace DID NOT provide us with a formula for what is commonly referred to as his demon, which is what I was referring to. Apparently, you didn't think readers here would be interested in more detail and background on Laplace's Rule of Succession, which is what YOU are referring to. This is your best attempt to date to obfuscate and discredit my posts. http://en.wikipedia.org/wiki/Rule_of_succession Laplace used the rule of succession to calculate the probability that the sun will ri
Apr 28, 2013, 11:03 pm - jimmy4164 - Lottery Discussion Forum

Why do people give away their lottery system?
Systems are nothing more than what a player feels is a logical way to pick their numbers. Some players call the time of day they buy their QPs a system. The legal Pick-3 game has been played somewhere for over 30 years and illegally for over hundred, yet every day somebody comes with what they believe is a unique way to pick the numbers. There may be an infinite number of ways to pick a three digit number, but the odds are still 999 to 1. A true system would give one winning result on any pic
Sep 15, 2012, 4:23 pm - Stack47 - Lottery Discussion Forum

Jersey pic6
Expected Value is the average return based on odds and prizes. There isn't really a set formula (it can be calculated for a wide variety of games), but it's fairly simple to calculate, if you know all of the variables (I don't, so I had to estimate). This was the excel spreadsheet I used. The first column is the expected prize, the second is the odds of winning it and the third is the product of the two. As you can see, I had $7,828,648 as the expected Jackpot win. This is because I used the cas
Jun 17, 2012, 4:50 pm - Boney526 - Lottery Discussion Forum

What Key Words Catch Your Attention To Read A Thread?
None of the above. The posters handle gets my attention. Certain posters, the old timers, and those who post about ways to track patterns, and new ideas that simplify the process are getting to be the only threads I respond too. I look at almost anything posted. Discussions of specific software: turnoff. Questions about best software: turnoff. All software requires user input and knowledge of the specific game. It may help you make the right decisions but none spit out the winnin
Mar 16, 2012, 5:45 pm - garyo1954 - Lottery Discussion Forum

Buying More Tickets Does Not Increase Your Odds.
The only way to increase or decrease the Odds of any lottery game is by changing the game matrix. The Odds are the equation of the game. Coin Toss understood my point Thrifty is right, each individual ticket (one line of numbers) is up against the very same odds, 175,000,000 to one. Yes you can increase your chances of winning by buying more tickets, but every single tickets will go against the Odds of the particular game. I feel that the following explains my point very well.
Mar 5, 2012, 9:08 am - THRIFTY - Lottery Discussion Forum

Need some help on Keno
Look on youtube for Keno Odd Even , there is one video giving some insight. It is mine by the way. One keno isn't the other! They differ in sizes and payouts. You might progress by starting to calculate the odds and compare to the payments. Generally a good keno has 70 numbers, 20 are drawn and you can play pick 2 to pick 10. I believe that I saw one where you could play a pick 1! I never heard of a winning system, and I do it my way with my programs. When I started, I quickly dropped
Feb 29, 2012, 5:54 pm - SergeM - Lottery Discussion Forum

What if Powerball was created to Recruit Codebreakers or People experts in higher Mathematics
expert in higher mathematics you could win the lottery Actually lottery probabilities or mathematics are not that difficult for you to calculate them yourself. They are advertised to you in every game by the way. let say that you were tasked to create a lotto game: the typical setup will be something like: (This is a very simplified model that doesn't include logistics, operations, advertisments etc) 1st step: Is to generate trust in your business model. randomnes, transparency and
Apr 19, 2010, 9:26 pm - benmas - Lottery Discussion Forum