Which is a Better Betting Strategy?Prev Topic Next Topic

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What might give you an edge or payoff better than the rest.

Nil/Saving your money

[ 5 ]

[ 9.3% ]

One ticket per draw/You don't play you can't win

[ 8 ]

[ 14.8% ]

A couple of tickets/Quick pick/Own pick

[ 12 ]

[ 22.2% ]

A handful of quick picks

[ 4 ]

[ 7.4% ]

A handful of own picks

[ 9 ]

[ 16.7% ]

A handful of a Hot pick(s) plus quick picks

[ 7 ]

[ 13.0% ]

A handful of picks with same bonus ball

[ 2 ]

[ 3.7% ]

A handful of the same picks w/different bonus ball

[ 3 ]

[ 5.6% ]

A handful of the same picks w/same bonus balls

[ 0 ]

[ 0.0% ]

Betting your house

[ 4 ]

[ 7.4% ]

Total valid votes

[ 54 ]

Discarded votes

[ 6 ]

Editgap

United States
Member #24,438
October 22, 2005
638 Posts
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Jul 10, 2007, 7:29 pm

What strategy is likely to yeild more money in the long run?
jarasan

Harbinger

Maryland
United States
Member #44,102
July 30, 2006
6,607 Posts
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Jul 10, 2007, 10:24 pm

Assuming you are talkiing PBall Mega,.
IMHO I like the same Bonus ball on every ticket, I can't say how likely whether or not it yield more or less money, but as I have written before the bonus ball is the first mountain to climb.
Once you have the bonus ball everything else is a gift. lol jarasan
P.S. If I hit the Pball or Mball I get very cheeky.

FJB
Editgap

United States
Member #24,438
October 22, 2005
638 Posts
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Jul 10, 2007, 10:45 pm

Quote: Originally posted by jarasan on Jul 10, 2007
Assuming you are talkiing PBall Mega,.
IMHO I like the same Bonus ball on every ticket, I can't say how likely whether or not it yield more or less money, but as I have written before the bonus ball is the first mountain to climb.
Once you have the bonus ball everything else is a gift. lol jarasan
P.S. If I hit the Pball or Mball I get very cheeky.

I actually think it is the reverse, play the same white balls in every line with different powerball.
If you won on the white balls section any bonus ball match will increment the payout.
jarasan

Harbinger

Maryland
United States
Member #44,102
July 30, 2006
6,607 Posts
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Jul 11, 2007, 8:19 am

Quote: Originally posted by Editgap on Jul 10, 2007
I actually think it is the reverse, play the same white balls in every line with different powerball.
If you won on the white balls section any bonus ball match will increment the payout.

If your talking money, realistically, the odds of hitting the bonus ball are a lot better than hitting 3 of 5 on any game. 2 of 5 doesn't pay unless you have the bonus, 1 of 5 doesn't pay unless you have the bonus. lol

FJB
Editgap

United States
Member #24,438
October 22, 2005
638 Posts
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Jul 11, 2007, 9:22 am

Quote: Originally posted by jarasan on Jul 11, 2007
If your talking money, realistically, the odds of hitting the bonus ball are a lot better than hitting 3 of 5 on any game. 2 of 5 doesn't pay unless you have the bonus, 1 of 5 doesn't pay unless you have the bonus. lol

Yeah but waiting 42 or more drawing to get Cheeky. I like my cheekies in small amounts unless is the jackpot.
spy153

United States
Member #28,408
December 15, 2005
1,200 Posts
Offline

Jul 11, 2007, 10:25 am

I picked play several lines/quick pick/own pick. Because this is how I play. But on the last powerball draw if I had played one set of numbers and all 42 powerballs, my payout would have been over 10,000 dollars verses the over 100 dollars I got. Big difference. Next time I have the feeling I had with that one, I'm playing them with all powerballs. I can't afford to do that every time so I have to wait until those special draws.

voir-vous dans mes reves!
jarasan

Harbinger

Maryland
United States
Member #44,102
July 30, 2006
6,607 Posts
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Jul 11, 2007, 2:55 pm

Quote: Originally posted by Editgap on Jul 11, 2007
Yeah but waiting 42 or more drawing to get Cheeky. I like my cheekies in small amounts unless is the jackpot.

42 drawings doesn't mean a thing, there are no guarantees, the same bonus ball could come out three games in a row, or not for 230 games. The odds are for the Pball is 1 :42, the odds for 3 of 5 is 1 : 290. The logic you are using dictates you have to wait 290 draws for a three of five? 6 years for a cheeky is long time. 42 x 290 = $12,180, that is assuming one line played with 42 Pballs every game to THEORETICALLY win $150, I like my THEORETICAL $5 to win $15 every draw.
Now if you hit 3 of 5 every draw on one play, I want to join your club and add some cheekiness. LOL jarasan

FJB
Just6ntlc

United States
Member #16,611
June 2, 2005
3,493 Posts
Offline

Jul 11, 2007, 3:12 pm

I rather save my money as my vote. I rather go buy food in the long run. I would only buy MM tickets if it reaches $300 million or CA Super Lotto Plus if it reaches $48 million or more.
mountainman

Georgia
United States
Member #49,382
January 29, 2007
113 Posts
Offline

Jul 11, 2007, 9:19 pm

betting your house, must be plumb sure of a victory then!!
mountainman

Georgia
United States
Member #49,382
January 29, 2007
113 Posts
Offline

Jul 11, 2007, 9:22 pm

a second thought, does any of the powerball or mega money go to education? from what i've hearn it doesn't.
guesser

United States
Member #41,382
June 16, 2006
1,969 Posts
Offline

Jul 12, 2007, 10:45 pm

I do 10 games of my own choice every drawing, but that said, a winner is a winner, and a loser is a loser, no matter what. I feel I am closer to winning than I am with QP's, but as I said - a loser is a loser no matter how its' picked. And so is a Winner.
The reasons I pick my own are well-documented here: I don't want a QP where all of the numbers are longshot that have not hit in 10+ games, I don't want 5 numbers that have all hit in the last 3 games, I want to be sure I spread my odds. Again - see: a loser is a loser, no matter what. Close doesn't count, but I want slightly better odds of my own choosing.
BUT: 70% of winners are QP's - because 70% of all sales are QP's, so there you go.
Just6ntlc

United States
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June 2, 2005
3,493 Posts
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Jul 13, 2007, 11:58 am

Quote: Originally posted by Just6ntlc on Jul 11, 2007
I rather save my money as my vote. I rather go buy food in the long run. I would only buy MM tickets if it reaches $300 million or CA Super Lotto Plus if it reaches $48 million or more.

I usually pick my own numbers for the game, not quick picks if I play lotto with these jackpot rules I impose.
Editgap

United States
Member #24,438
October 22, 2005
638 Posts
Offline

Jul 20, 2007, 3:31 am

Quote: Originally posted by jarasan on Jul 11, 2007
42 drawings doesn't mean a thing, there are no guarantees, the same bonus ball could come out three games in a row, or not for 230 games. The odds are for the Pball is 1 :42, the odds for 3 of 5 is 1 : 290. The logic you are using dictates you have to wait 290 draws for a three of five? 6 years for a cheeky is long time. 42 x 290 = $12,180, that is assuming one line played with 42 Pballs every game to THEORETICALLY win $150, I like my THEORETICAL $5 to win $15 every draw.
Now if you hit 3 of 5 every draw on one play, I want to join your club and add some cheekiness. LOL jarasan

Interesting point.
Assuming a hand full of tickets is about 10.
I play the same white balls with 10 different powerballs. I am not waiting 1 : 290 to win. I am winning every 4 games. 10 : 42. My dilemma will be hitting on the white balls. This can be improved by a good system.
Using your strategy of about 10 lines with the same powerballs, I will assume we will come out even on the bonus ball wins. The problem is then 10 same white balls vs. 10 different white balls over time.
I think someone could calculate the propability of each.
Saving your money beats them all in the long run assuming you don't win big. But we all going to win it big that is why we play.
Guru101

Indiana
United States
Member #48,723
January 7, 2007
1,961 Posts
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Jul 22, 2007, 11:47 pm

My program randomly chooses my numbers, puts them in numerical order, and runs them through all my algorithms to see if the set in its entirety comes out as a "valid" choice. If it's not, it chooses a new set of numbers. Of course, every now and then it excludes a set that actually does come out a winner. These are what I call "exceptions". Doesn't really bother me though. I know that exceptions are going to occur. I usually never remove an entire algorithm if it's causing an exception to occur more than it should. I usually just make a few modifications, allowing that particular algorithm to have more leniency when making its decision of whether or not a set is considered valid to it.

Gonna win.
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
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Jul 24, 2007, 1:02 pm

When ever you play a lottery game, there is one combination with all the winning numbers and a fixed amount of other combinations with enough of the winning numbers to win something which is usually about 3% or less of all the possible combinations, the other 97% are losers.
The more combinations you buy at one time the better you chances of having one of the winners are so saving up and buying more combinations at one time is likely to be better than buying one combinations every time.
Betting your home to buy less than all the possible combinations is a bad bet and paying more for all the possible combinations than the total payouts is also a bad bet.

* you don't need to buy every combination, just the winning ones *

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