Just a heads up, Ive kept a record of lotto spending for a year

Reply #18

Coin Toss — Wed, 02 Jan 2013 07:40:52 GMT

Found a tally sheet for draw games, 2007- 2012

2007 - $1091 + 131

2008 - $909 + 410

2009 - $936 + 466

2010 No record

2011 - $994 + $290

2012 - $1017 + $94

Reply #17

maringoman — Wed, 02 Jan 2013 04:30:17 GMT

$309 comes to about $25 a month. I'd say your are doing ok. I think I must be closer to $500 in the red for 2012.

Reply #16

psykomo — Wed, 02 Jan 2013 02:53:10 GMT

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Reply #15

Nikkicute — Wed, 02 Jan 2013 00:58:24 GMT

UPDATE: Played three games before the New Year 1 win 2 losses

2012 Lotto Play

Wins $20

Loss $200

won back exactly 10

Reply #14

Ronnie316 — Tue, 01 Jan 2013 22:24:21 GMT

I'm makin room in that draw for a fresh new crop of losers....... Odds, what odds

Reply #13

LottoBoner — Tue, 01 Jan 2013 22:17:40 GMT

Time to clear out that draw! All my losers are in a shoebox, with quite a few scattered on the floor, and some on the bulletin board, and a couple taped on the walls. The rest of the losers I think are in my wallet.

So far for 2013 i am - $4.00

I will be putting all expenses and profits in my ledger.

I was hoping i could use those losers as tax write offs, but I guess I just sucked too much this year, although I think I hit three 4/5. Things have become a bit cloudy.

Looking to beat

Reply #12

SergeM — Tue, 01 Jan 2013 21:53:55 GMT

Getting a big win can also give you the comfort of riding lady luck without having to worry about the expenses.

Reply #11

jimmy4164 — Tue, 01 Jan 2013 17:56:33 GMT

Hi SavageGoose,

This post describes a simulation of Pick-3, but it supports your observation that, on average, your results will tend to be around 50%. However, as you experienced, it *IS* possible to have short term wins that put you in the black. In fact, you will see that it's possible to do even better than you did, purely at random. The lesson to be learned from all this is that if you are lucky enough to get a big win, the wise thing to do is take your money and run. Otherwise, the odds... [ More ]

Reply #10

Ronnie316 — Tue, 01 Jan 2013 16:25:59 GMT

Reply #9

Ronnie316 — Tue, 01 Jan 2013 16:25:34 GMT

All my losers are in the junk draw....................

Reply #8

savagegoose — Tue, 01 Jan 2013 07:36:10 GMT

the thing i found interesting with your stats, is you played almost the same $$$ on loto that I did over the year! and we both returned under half the money back from lotto.

my keno playing is what saved the day for the year. But i never started playing keno with the intention of spending more on it that on lottto. funny how things work out.

its jan 1 here and im already $2 in on keno and $10 into lotto for the year. time to open up a new text file and start recording.

Reply #7

Coin Toss — Tue, 01 Jan 2013 06:51:24 GMT

Mine was:

Draw games - $1017 + $94 - Uusally I'm under one thousand for the year but Illinois added My3 and $1 option plays on Pick 5 and Pick 6.

Scratchers (wife mostly) - $753 +440

I guess there's a message there but it's still the lure of the draw

Reply #6

savagegoose — Sat, 29 Dec 2012 11:33:15 GMT

running total ytd

mon/ lotto [78.50] 142 entries

tue/oz lotto [200.85] 28.9 167 tikets

wed/ lotto [66.85] 58.35 121 tickets

thur/ power ball[297.90] 54.15 361 tickets

sat/ lotto [133.65] 12.8 205 tickets

sat /pools [241.70] 54.75 439 tickets

keno [1467 ] 1917 1467 tickets

scratchers [ 20 ] 19 ?

lotto sub total [1019.10] 259.70

TOTAL [2486.10] 2176.70

final tally, - 309.40

Reply #5

savagegoose — Fri, 28 Dec 2012 23:29:44 GMT

thanks, all in all with the big keno win it hasnt been a bad year. i still have 2 draws to go, tonight's, and Monday nights, for chance to win back some more yearly losses.

all up $2350 ish losses, and $2150 wins,

lotto on its one looks worse without keno carrying the day

about $1k down and $230 ish up.

ill post they YTD figures when i crunch the numbers. in a few days. but 1 thing blows my mind, and thats it works out at $45 a week i spent on gambling.

:o

Reply #4

LottoGuyBC — Fri, 28 Dec 2012 17:35:53 GMT

not sure If I want to try

mite be too much of a disappointment

Reply #3

rdgrnr — Fri, 28 Dec 2012 17:10:44 GMT

Better luck in the New Year, mate

Reply #2

Uluska — Fri, 28 Dec 2012 16:55:48 GMT

During last summer gradually won half of what I was spending.

Reply #1

Nikkicute — Wed, 26 Dec 2012 23:12:57 GMT

2012 Lotto Play

Wins $19

Loss $198

Trying to win something, at least a Pick 3 before Feb 17 (1 year LP anniversary

Just a heads up, Ive kept a record of lotto spending for a year

savagegoose — Wed, 26 Dec 2012 17:05:36 GMT

Over in my blog is a list of each months spending and winnings. and come jan 1 i will have a years worth of data. its been a long year. and no wins.

prob the most interesting fact is that on lotto i seem to win back about %25 of my spend, but on keno it was running at %50 all year, until I won it all back just weeks before xmas. If you did avg where high nd low occurrences are ignored,. It would prob run true that %50 return is about the going rate.

I made some mistakes, and have lear... [ More ]