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ForumsResults 1 - 10 of 62 for 'calculate odds'. (0.01 seconds)

NEW Hot Lotto - Now Not The Same as PB
Quote: Originally posted by CASH Only on February 17, 2005 Chance of 0+HB alone in a 6/51 game is 6/45, or 1: 7.5.Well when you calculate odds, you also have to factor in the chance that you'll win in another category. Look at Powerball, you would think the odds of matching just the Powerball is 1 in 42. But it's higher than that because you also have the chance of matching more.
Feb 17, 2005, 6:53 pm - JimmySand9 - Jackpot Games Forum

Florida - Jackpot Triple Play odds on winning ticket
Hi, Recently noticing in game that state officials in Florida posting that odds to win is 1:3,122,273.33; I did calculate odds per winning ticket is 1: 9,366,819. Using formula 6!. Some one noticed it?
Mar 19, 2019, 8:03 pm - sportka1980 - Jackpot Games Forum

Matrix change: Powerball to get much harder to win?
Why don't both MM and PB just change their matrix to 8 white balls out of 1-100, plus 1 bonus and 1 super bonus red/gold out of 1-80???? That would effectively drive odds through the stratosphere having the highest jackpots on the face of the earth then anyone who can't count or calculate odds can be happy. Best solution to driving lottery jackpots higher, more money in coffers, is to remove all income tax liabilities from lottery winnings.
Dec 1, 2007, 7:50 pm - konane - Jackpot Games Forum

New Jersey P6
Never thought about bringing sports betting odds strategy into the lottery but i like it. like it very much. As i understand odds would be precisely the same if the game would allow repeating numbers such as: 6-6-6-6-6-6 and your grading system is based on the difference between numbers as well as using last results to calculate odds for the next draw? Also in the sentence The 2nd number will drawn from 18-22 or from 13-18, and so on. did you mean 13-17 (+4 differential)? I like the
Jan 15, 2009, 11:10 pm - edge - Jackpot Games Forum

Does anybody know what number the Florida Lucky 7 Raffle is at
Assume 970K so you can calculate your odds with that.
May 4, 2011, 11:11 pm - James1 - Jackpot Games Forum

Probability of a rollover in PB and MM
For the first time in a millennium, the jackpot of a Canadian lottery exceeds its odds. The Lotto 6/49 jackpot for Saturday, August 7 is C$29 million while the odds of winning the jackpot is 1 in 27,967,632 per $1 wager.The approximate odds of the number of jackpot winners for Saturday are (based on 17 million tickets sold or C$34 million):0 - 30%1 - 36%2 - 22%3 - 9%4 or more - 3%Can Jake649 or prob987 please calculate the expected payout? This may be the closest that a Canadian lottery ever
Aug 5, 2004, 12:47 pm - LotteryBuddy - Jackpot Games Forum

Probability of a rollover in PB and MM
Lottofan:If you look back in this thread, you will see lots of discussion of my methods, including sales estimation (which I calculate from the predicted cash values.) Many other posters here made contributions and helped refine my estimates. They are just that though.Actually when the number of tickets is small when compared with the odds, the method yields values that are very close the type of calculation you suggest where the sales/odds percentage is subtracted from 100.
Jun 17, 2004, 7:58 pm - prob987 - Jackpot Games Forum

What are the combined odds for a Powerball ticket with a Double Play add on?
The odds of winning at least one prize with the double play are 1 in 12.69. To work it out, first take the probability of winning nothing in a single drawing. That's 0.9597861595. Now the probability of winning nothing in two independent drawings is 0.9597861595*0.9597861595 = 0.921189472. So the probability of winning something in at least one of the drawings is 1 - 0.921189472 = 0.078810528. Then you calculate 1/0.078810528 to get the odds of 1 in 12.96.
Oct 11, 2021, 7:35 pm - cottoneyedjoe - Jackpot Games Forum

Likelihood of a MM Winner this drawing?
That's true, but somewhere there are statistics that calculate the probability of a set of numbers being drawn based upon projected sales. That factors in duplicate numbers, and people picking their birthdays or whatever... For example, for the sake of argument let's say there are 63M tickets sold for this drawing. The overall odds being 302M to one, 63M unique sets of numbers would imply that there is about a 20% chance that one of those 63M sets of numbers will be drawn. However, if 63M ticket
Oct 14, 2018, 6:33 pm - lowellm - Jackpot Games Forum

Matrix change will not make Powerball jackpots larger.
That's awesome! That's what the odds need to be for us to have large jackpots. Even with those odds that need scientific notation to calculate, it would still be way too easy for some winners to win it, but there would be less winners overall leading to larger jackpots.
Oct 3, 2015, 1:03 pm - jjtheprince - Jackpot Games Forum

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