|Posted: January 28, 2008, 4:17 pm - IP Logged|
Hi. I have a question.
Let's say I want to play an instant scratch-off lottery game that has overall winning odds of 1 in 4.
If possible, how do I know those odds are not bogus?
Is there a way I can calculate those odds myself?
Unlike instant games, with all of the numbering possibilties of (for example) pick3, pick4 games, I know how to calculate the odds myself.
But with instant games, the consumer doesn't know how many tickets were printed (made).
If we did, (...assuming the odds of 1:4) we could say there are 10,000 winning tickets out of the 40,000 total tickets made.
I hope you can help answer my question(s) above.