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# odds?

Topic closed. 19 replies. Last post 12 years ago by CASH Only.

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brownsville
United States
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April 26, 2005
27 Posts
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 Posted: April 27, 2005, 4:48 pm - IP Logged

do yall think the odds are right? i bought 25\$ worth of 5\$ tickets and didnt get anything. can anyone relate.

illinois
United States
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April 20, 2005
30 Posts
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 Posted: April 27, 2005, 5:25 pm - IP Logged

I did that here in Illinois a couple of weeks ago. like 30 dollars worth of \$5.00 dollars tickets and didn't get anything and they all were the same game. so what is the odds of that happening  6 losers in a roll on a 5.00 tickets.

CA
United States
Member #2987
December 10, 2003
832 Posts
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 Posted: April 27, 2005, 5:44 pm - IP Logged

Odds of NOT winning are dependent on the odds of winning. If the odds of getting a winning ticket are 1::5, then the odds of drawing a non-winning ticket are 4::5. Knowing this, the odds of drawing non-winning tickets with the purchase of more than one ticket can be computed thus:

4^x::5^x

where "^" indicates an exponent - the number of times a number is to be multiplied by itself - and "x" is the number of tickets purchased.

Decimally, the odds of drawing a non-winning ticket are 1::1.25. The odds for multiple purchases are more or less easier to compute depending on how adept you are with decimals, as the formula here would be 1::1.25^x.

Hope this helps.

gl

j

Blessed Saint Leibowitz, keep 'em dreamin' down there.....

Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.

=^.^=

Roslindale, MA
United States
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July 1, 2004
135 Posts
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 Posted: April 27, 2005, 6:54 pm - IP Logged

It's not that uncommon - I've had as many as 13 losers in a row before (on a whim I once bought the last 15 tickets from a book of \$1 tickets - 13 straight losers, then a \$1 "winner" then another loser).

And I did once buy 10 \$5 tickets (\$50) and got totally skunked (kids, don't try this at home ).

USA
United States
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October 29, 2004
1133 Posts
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 Posted: May 6, 2005, 8:25 pm - IP Logged

If a scratch ticket says "Overall odds of winning on this ticket are 1 in 3.70", does that mean if somebody buys 4 tickets of that game, that one of the tickets should pay back something?

CA
United States
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December 10, 2003
832 Posts
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 Posted: May 7, 2005, 3:49 am - IP Logged

Maverick -

In a word, no. By buying 4 tickets you've placed yourself on the other end of the odds - in this case 1::0.85 - but that in and of itself will not guarantee you a winning ticket.

gl

j

Blessed Saint Leibowitz, keep 'em dreamin' down there.....

Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.

=^.^=

Yinzer Country, PA
United States
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March 18, 2004
2741 Posts
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 Posted: May 7, 2005, 2:15 pm - IP Logged

you know what you do after you get that many losers straight?  you buy the next one.  it's probably a big winner.

I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

North Dakota
United States
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April 5, 2005
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 Posted: May 7, 2005, 2:34 pm - IP Logged

I've bought \$40 in \$5 tickets.  Overall Odds 1:3.00.  Lost on all of them.

illinois
United States
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April 20, 2005
30 Posts
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 Posted: May 7, 2005, 4:02 pm - IP Logged

A person came in the store where I work at and bought  \$120.00 dollars worth of tickets. They all were 20.00 dollar tickets  and everyone of them were losers all on the same game. On which the overall odds on them are 1 in 2.75...

USA
United States
Member #8242
October 29, 2004
1133 Posts
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 Posted: May 7, 2005, 6:08 pm - IP Logged

Maverick -

In a word, no. By buying 4 tickets you've placed yourself on the other end of the odds - in this case 1::0.85 - but that in and of itself will not guarantee you a winning ticket.

gl

j

Thanx for the reply. Do you know exactly what it means by "odds of winning being 1 : 3.70?"

USA
United States
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October 29, 2004
1133 Posts
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 Posted: May 7, 2005, 6:09 pm - IP Logged

A person came in the store where I work at and bought  \$120.00 dollars worth of tickets. They all were 20.00 dollar tickets  and everyone of them were losers all on the same game. On which the overall odds on them are 1 in 2.75...

Wow, that disappointment must've lasted for months.

North Dakota
United States
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April 5, 2005
1623 Posts
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 Posted: May 7, 2005, 8:12 pm - IP Logged

Sounds like someone needs some help.  No way would I spend that much at once.  I learned my lesson when I lost \$40.

United States
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June 5, 2002
11296 Posts
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 Posted: May 8, 2005, 1:28 pm - IP Logged

I was lucky to win \$100 on the \$30 ticket...

CA
United States
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December 10, 2003
832 Posts
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 Posted: May 8, 2005, 5:05 pm - IP Logged

Maverick -

When it is said that odds of a winning ticket are 1::3.70, it simply indicates that out of every 37 tickets, 10 (on average) will be winners. For instance, in a game where 37 million tickets are produced, 10 million will be winners. And, if 10 million tickets are winners, then 27 million tickets will be losers. Doesn't tell you how much or what you'll wiin if you win, doesn't tell you what the payout percentage is, doesn't tell you where the tickets are distributed (either on the roll or by location), simply that there will be that many winning tickets. Only analysis of all the odds and winning amounts will allow you to calculate what can be determined by math.

gl

j

Blessed Saint Leibowitz, keep 'em dreamin' down there.....

Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.

=^.^=

USA
United States
Member #8242
October 29, 2004
1133 Posts
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 Posted: May 8, 2005, 5:36 pm - IP Logged

Maverick -

When it is said that odds of a winning ticket are 1::3.70, it simply indicates that out of every 37 tickets, 10 (on average) will be winners. For instance, in a game where 37 million tickets are produced, 10 million will be winners. And, if 10 million tickets are winners, then 27 million tickets will be losers. Doesn't tell you how much or what you'll wiin if you win, doesn't tell you what the payout percentage is, doesn't tell you where the tickets are distributed (either on the roll or by location), simply that there will be that many winning tickets. Only analysis of all the odds and winning amounts will allow you to calculate what can be determined by math.

gl

j

Thank you much for that reply about the math johnph77. I appreciate it. I wish all states would tell it like that.

Just to be sure, when the odds are 1:4.58, does that mean out of every 45 tickets, 10 (on average) will be winners?

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