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Why they call it Scientific Games?

Topic closed. 4 replies. Last post 9 years ago by time*treat.

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Honduras
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August 29, 2005
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Posted: September 26, 2007, 1:49 pm - IP Logged

Yeah why do they call it Scientific Games? There is nothing scientific about the lottery...

 

 

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    RJOh's avatar - chipmunk
    mid-Ohio
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    Posted: September 26, 2007, 2:11 pm - IP Logged

    People who run lotteries know there's a science to doing it so they show a profit, they don't come up with odds and payout amounts by trial and error.

     * you don't need to buy more tickets, just buy a winning ticket * 
       
                 Evil Looking       

      LANTERN's avatar - kilroy 28_173_reasonably_small.jpg
      Tx
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      Posted: September 26, 2007, 3:43 pm - IP Logged

      People who run lotteries know there's a science to doing it so they show a profit, they don't come up with odds and payout amounts by trial and error.

      Yes, that is right, but even more, I think that there is everything scientific about lottery games, not just about the structure or make-up of the games and their odds either way, but also about the players increasing their odds of winning.

      I didn't say "About Winning", but "About increasing to some degree the odds of winning".

      I don't say that it is possible to win on all games and or all all the time on some or a few, but it should be possible for people to increase their odds of winning, "Random" neither helps nor hinders, it is neutral, it is just there, a player should learn to work with it, as it is the way in which the odds can be increased.

      Statistical prediction is scientific prediction as it is based on statistics, even Astrology is based on statistics.

      There of course also are "Intuition" and "Luck", but it is better to use them together with stats and not just by themselves, kind of like "Making your own luck". 

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        RJOh's avatar - chipmunk
        mid-Ohio
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        Posted: September 26, 2007, 10:17 pm - IP Logged

        Using science to to calculate odds and payout amounts to show a profit also includes setting payout amounts such that covering enough combinations to likely beat the odds doesn't pay either. 

        If it could be done, it would have been done already with the pick3 games.  There's only a thousand possible combinations and if you're boxing the combinations there's only 220.  With present payout amounts in most states covering 50% of the possible combinations and winning is a break even point, for some online services covering 90% of the combinations and winning is the break even point and they're still receiving more money than they're paying out.

         * you don't need to buy more tickets, just buy a winning ticket * 
           
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          time*treat's avatar - radar

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          Posted: September 27, 2007, 6:46 am - IP Logged

          Using science to to calculate odds and payout amounts to show a profit also includes setting payout amounts such that covering enough combinations to likely beat the odds doesn't pay either. 

          If it could be done, it would have been done already with the pick3 games.  There's only a thousand possible combinations and if you're boxing the combinations there's only 220.  With present payout amounts in most states covering 50% of the possible combinations and winning is a break even point, for some online services covering 90% of the combinations and winning is the break even point and they're still receiving more money than they're paying out.

          Games like p3 & p4 are difficult precisely because the total combination base is so small. The most recent numbers in the past one or two drawings cannot be just tossed out, like (sometimes) in jackpot games, because one number or another of them is always showing back up. Not knowing which one to keep drives up the combination count.

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