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Chances of 1,2 or three winners in PowerballReply
There is only five or south secondary winners anyways, so yes, I would think that it's probably ready to roll one more two more times. I think the lotteries making the big money on scratch offs odds are at least a little bit better with them. That takes away from peoples gambling budgets . I don't play scratchers
Jul 19, 2023, 8:21 pm - Fbom - Mathematics Forum

Who has the advantage? Dice game puzzleReply
That's all completely irrelevant to this puzzle because we're not talking about your standard numbered dice here. But speaking of regular dice, I got another really good probability puzzle courtesy of my whiz kid. I'll try to remember to post it tomorrow. PS- Old Sausage Fingers is the last person you should be quoting in regard to anything mathematical. A person can know a lot about games and gambling without knowing a lick of math. That dude's in the remedial class when it comes to math. S
Jan 31, 2023, 11:13 pm - db101 - Mathematics Forum

Win the Lottery - Your Retirement Strategy (or maybe not)!Reply
Yep, good point. You'll get something back for lower-tier wins. Also, you gotta love how the (U.S.) income tax system works on this. You pay top marginal rate on all net wins, but can't deduct any net loss, and your (gambling) losses only offset against wins for losses within the same calendar year. If you win the PB or MM Jackpot in a state like California, you will probably be paying ~55% tax (combined State and Federal). Next thing will be The Bern and Pocahontas going after Social Securit
Jul 21, 2022, 5:28 pm - Orange71 - Mathematics Forum

Nature of Randomness in Mechanical Systems
I recommend reading the book Dynamics of Gambling: Origins of Randomness in Mechanical Systems if you want a good understanding of exactly how randomness arises in coin flipping, dice throwing, and the roulette wheel. In particular, Chapter 5, entitled Nature of Randomness in Mechanical Systems The authors model mechanical systems in high detail to allow them to calculate the bounds on initial condition uncertainties needed to allow correct prediction. They do not model a lotto bal
Jan 14, 2024, 2:27 pm - Wavepack - Mathematics Forum

Who has the advantage? Dice game puzzleReply
This informative Dice odds contribution credit by, our professional gaming LV member COIN TOSS: For a real good lesson in odds consider how the odds of a pair of dice (each die with six pips on it) rollings 2, 3, 4, 5, 6, 7, 8, 9, 10,11, 12 come into being. There's one and only one way to roll a 2, a one and a one. Two ways to roll a 3, a one and a two or a two and a one. Go from there. I'll help you out, 4, 5, ,and 6 are the same as 8,l9,and 10 for odds purposes.Six ways to roll
Jan 31, 2023, 9:58 pm - eddessaknight - Mathematics Forum