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This should be required reading

Topic closed. 4 replies. Last post 11 years ago by CASH Only.

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Coin Toss's avatar - shape barbed.jpg
Zeta Reticuli Star System
United States
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January 17, 2006
10351 Posts
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Posted: January 30, 2006, 8:43 pm - IP Logged

This book isn't about how to win the lottery, it's about how the states set up the lotteries, odds, break-even amounts, house edge, etc...

Lottery Book : The Truth Behind the Numbers

by Don Catlin

 The publication date is 2003 so a few things are different, Mega Millions was 6/ 52 then, some other games have added numbers and thus increased the odds but the principle is the same.

 There is also a chapter about winners- The Good, The Bad, and The Ugly.

 

 

    TigerAngel's avatar - tiger andfairy.jpg
    california
    United States
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    October 13, 2005
    659 Posts
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    Posted: January 30, 2006, 8:47 pm - IP Logged

    hummm, I'll add it to my overflowing books I want file, LOL.

    Thanx Coin Toss.

    TA

    Blue Angel  "if you can hold it in your mind, you can hold it in your hand"

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      23269 Posts
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      Posted: January 30, 2006, 8:55 pm - IP Logged

      I have that book.  It's pretty good, but nothing earth-shattering.  It's good for people who want to understand which games are mathematically better to play.

      Here's a link to the book:

       

      The Lottery Book

      Don Catlin

      Best Price $5.40
      or Buy New $11.20

       

      Check the State Lottery Report Card
      What grade did your lottery earn?

       

      Sign the Petition for True Lottery Drawings
      Help eliminate computerized drawings!

        Coin Toss's avatar - shape barbed.jpg
        Zeta Reticuli Star System
        United States
        Member #30470
        January 17, 2006
        10351 Posts
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        Posted: January 30, 2006, 8:57 pm - IP Logged

        That's it indeed!

         I figure it's like any other form of something you can bet on, the best start is to know what you're up against....

        kind of like placing the 6 and 8 on a dice table (pays 7:6) as opposed to betting the Big 6 and 8 (even money). 

         

         


          United States
          Member #379
          June 5, 2002
          11296 Posts
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          Posted: February 1, 2006, 9:34 am - IP Logged

          I have that book.  It's pretty good, but nothing earth-shattering.  It's good for people who want to understand which games are mathematically better to play.

          Here's a link to the book:

           

          The Lottery Book

          Don Catlin

          Best Price $5.40
          or Buy New $11.20

          I bet he has a poor opinion of NY Lotto.