Looking for Powerball Pool Player

Reply #21

NewClub — Tue, 04 Apr 2006 02:54:51 GMT

Quote: Originally posted by xmsr3 on April 2, 2006 New Club, there is something you haven't thought of.

If some group does this, it will reach the media. Then there will be other clubs that form.

When 2 or 3 such groups start covering all the numbers, then suddenly the pot has to be split 3,4, maybe even 5 times, (2 winners and up to 3 pots).

At this point you are not breaking even or even coming close.

Now if you assume that yours is the only group doing this, you also have to assu... [ More ]

Reply #20

Jake649 — Sun, 02 Apr 2006 13:19:33 GMT

What you have stated with regards to probabilities is factually incorrect. It is so far off the mark I do not believe we could even intellingently discuss. For example, can you imagine trying to convince someone that 2 + 2 = 4 when they simply deny the fact.

Every mathematics book in the world disputes your claims.

Reply #19

Prob988 — Sun, 02 Apr 2006 12:20:28 GMT

My statement was not based on mathematical odds alone.

There are other variables involved, including human nature.

Reply #18

xmsr3 — Sun, 02 Apr 2006 09:20:37 GMT

New Club, there is something you haven't thought of.

If some group does this, it will reach the media. Then there will be other clubs that form.

When 2 or 3 such groups start covering all the numbers, then suddenly the pot has to be split 3,4, maybe even 5 times, (2 winners and up to 3 pots).

At this point you are not breaking even or even coming close.

Now if you assume that yours is the only group doing this, you also have to assume that no one screws up. Or that at every gas stat... [ More ]

Reply #17

NewClub — Fri, 31 Mar 2006 14:44:33 GMT

ryanm, two winners situation is already considered, in such case, each member break it even.

Prob988, in each second one can buy five numbers. Just take it as a full time job to SPEND all $150,000 in three days. Think about the excitement of spending all those money in CASH.

Since it is a cover-all betting, just assign something like all combinations start with 2,6 to someone. It probably would take more than a month to mark all those betting slips. :)

Then, hire a lawyer for the agre... [ More ]

Reply #16

Jake649 — Wed, 29 Mar 2006 01:20:34 GMT

A pool is almost always a loser.

Prob988, I am surprised by your above statement given your demonstrated knowledge of odds.

By teh way, my buddy tells me he has someone interested in buying Powerball tickets for the group. Given the steady stream of jackpot rolls for both Powerball and Mega Millions, his group will soon be buying tickets.

Thanks to all that replied to this request.

Reply #15

Prob988 — Wed, 29 Mar 2006 00:57:08 GMT

There are 86,400 seconds in a day.

In addition, you need to co-ordinate with all 1000 members and make sure there are no redunancies in purchases, and that the field is completely covered. This is not an easy task. It would take months of coordination and months of planning. Once you have covered the field, you need to be aware of what the odds are of there being one or more winner. As the prize gets larger these odds become considerably higher.

Then you have to have statements f... [ More ]

Reply #14

TheGameGrl — Wed, 29 Mar 2006 00:45:16 GMT

LOL Sirbrad! Great interrogation skills! You called the bluff, now what will he do for cable and internet access? All jesting aside, It cannot be stressed enough that it only takes ONE winning combination of numbers to HIT the BIG one! On a side note, one of our local lottery places limits the purchase of Powerball tickets to $300.00 if the lines are long. They like to see winners as well as the next place but they also beleive that local players shouldnt have to stand around for an hour to get... [ More ]

Reply #13

sirbrad — Mon, 27 Mar 2006 03:40:50 GMT

Just admit it, this powerball player is YOU in disguise, and you are behind on bills.

Reply #12

ryanm — Sun, 26 Mar 2006 20:17:59 GMT

That would not be a good idea. What if the lotteries sold another winning ticket? You'd lose big.

Reply #11

Bingo Long — Sun, 26 Mar 2006 16:46:09 GMT

Woah. $400!?!?

I wonder how long it would take the machine just to print those tickets! Probably like 5 minutes

Reply #10

bobby623 — Thu, 23 Mar 2006 17:40:46 GMT

I think the pool organizer would be more successful if he gave his place of residence and then canvass Post members who live in same or nearby state. This way, the players could meet for coffee somewhere, bring in other potential members, etc.

There is one big Powerball pool on the net already. Folks join by paying $19.99 to become one of 100 members in a pool.

Starting from scratch with secrecy is just not going to fly, IMHO.

Reply #9

NewClub — Thu, 23 Mar 2006 17:08:45 GMT

That reminds me of the idea to play all 146,107,962 combinations some one mentioned before. It has been proposed a 4000 terminal hours needed for that purpose. So for a 1000 member pool, each one would spend 4 hours and buy 146,108 tickets.

Say the previous JP is 200m.

If no one share the JP, then each member makes $150,000, double the money.

If JP is shared with another, then each member break it even.

Now with internet, finding 1000 crazy people with $150,000 each to throw on lot... [ More ]

Reply #8

Just6ntlc — Sat, 11 Mar 2006 15:44:46 GMT

Jake649, if I was living in a PB state very close to CA, I would be interested, but I'm in the middle of CA. Sorry, I'm not interested unless I'm within a few miles of CA where I live in a PB state.

Reply #7

Jake649 — Sat, 11 Mar 2006 15:29:26 GMT

I am only the poster, not the organizer of the group. For the details and agreement, I suggest dealing directly with the pool organizer.

As to the point of sending $10, that is not being asked. Read the original posts more carefully.

As to the point about trust, yes, there is a certain amount of trust involved. But with a good enough paper trail, the trust can be easily monitored and validated. Much like the online tickets sellers that advertise on this site.

Reply #6

TheGameGrl — Sat, 11 Mar 2006 14:00:08 GMT

Hey sirbrad- start you own cable pool! Think of folks that normally dont get cable! Why you are onto something! In return they'll get a snapshot of all the stations you can receive in! (okay bad idea, but a funny thought all the same) .

As to the original poster, I should state that I'm sure his intentions were well meant for his friend. Its not my place to begrudge a person for wanting to help out on an endeavor. Its the provisions that needed to be outlined clearer that concerned me.... [ More ]

Reply #5

sirbrad — Sat, 11 Mar 2006 12:19:31 GMT

I currently have an overdue cable bill....umm powerball pool anyone?

(Really I don't)

I also would not trust pooling with anyone I did not see face to face daily. Just too many opportunities to be conned. Ask your friend if he would trust someone to do what he is trying to do. He doesn't, that is why HE is doing it. So why would anyone else be any different

Reply #4

TheGameGrl — Sat, 11 Mar 2006 01:49:46 GMT

First, the mere idea of going into a group pool with folks you never met or have no set provisions in writing is way shady. Anything saying that I have to *BUY* in to become a member just isnt my cup of tea. Had the poster said, contribute a set amount each play, that would have been more acceptable. Splitting a pot with 40 folks isnt inticing either. In order for any pool to succeed, the end result has to favor the group as a whole. I think the creativity of telling folks that if they send him

Reply #3

Jake649 — Sat, 11 Mar 2006 01:09:26 GMT

If I was running the pool, I would wait until the next time Powerball invokes the cap rule and spend all the money. With the bonus money going to the second place prize offers a very good expected value. You get a large jackpot at $390 million, plus extra money with match 5 prizes.

Reply #2

ryanm — Thu, 09 Mar 2006 05:51:30 GMT

Currently, for Poweball to get over $400 million, it will have to make it to at least $375 million and roll once more beyond that.

Reply #1

Jake649 — Thu, 09 Mar 2006 02:50:54 GMT

Received some interest but no takers. Based on some questions I received, my friend asked me to post replies to the whole group.

This is roughly how he has organized the group. So far about 40 people paid $10 each. They are waiting for the Mega Millions lottery to get into record territory. Somewhere between $400 anf $500 million. Then they will spend all the money collected on tickets. In case it always gets won before then, they will buy the occasional tickets when the jackpot is between $2... [ More ]

Looking for Powerball Pool Player

Jake649 — Mon, 06 Mar 2006 01:09:00 GMT

A friend of mine has organized a Mega Millions lottery pool. He is looking for a member to join who also is willing to buy Powerball tickets. I suggested he join Lottery Post and post his request. He did not want to and asked if I could post on his behalf.

If you are interested, please PM your email address and he will contact you with the details. I am only interested in providing this post for him. I will not be the go-between if you join. I understand no money changes hands unless the gro... [ More ]