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Does anyone here actually turn a profit in the long run?

Topic closed. 69 replies. Last post 6 years ago by corius$1918!.

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joplin
United States
Member #45299
August 17, 2006
151 Posts
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Posted: September 17, 2010, 7:29 pm - IP Logged

Never mind.

You answer a simple question like a politician.

I am not trying to evade your question.  Like most playing lottery, I was putting money trying to win

p/3 $600 or Mo lotto and powerball.  And like most, profits are few and far between.  

Imagine, if you could show a net profit of $100. a week, playing box, thats $5200. a yr. or 

$25,000. in 5 yrs, 10 yrs over $50,000.

Think about it, a lot of numbers can be played for very little money.  

For the first time, for the last 3 weeks I've played only box, and my net profit is way up.  I don't

think it is a good policy to post what you make for all the world to see.  Its not there business.

I don't know how this will turn out over the year, but its got to be way better than I have done.

    truecritic's avatar - PirateTreasure
    Michigan
    United States
    Member #22395
    September 24, 2005
    1583 Posts
    Offline
    Posted: September 17, 2010, 8:13 pm - IP Logged

    Think about it.  For all the small winnings you get, are you allowing that excitement to cloud your judgement? Have you even bothered doing a comparison study on how much you've spent in a month or year compared to how much money you've won?  If not, I think it's time to run an experiment and get real answers.  No more confirmation biases.

    If you are turning a profit, how much profit are we talking about?  $5, $10, $50 per game?  Is it even worth all the effort it takes you to run your system?

    I don't keep books on the wins and loses.  For P3, I believe I am slightly ahead.  Then again I don't think I have spent more than $100 total on P3 - and I am probably about that much ($100) ahead.

    I've bought QP and I've used SPs (self-picks).  (systems, strategies, ideas, methodologies).    I've never bought QPs for P3 games.  I had 3 dreams involving 3 digit numbers.  Two of the dreams paid off, I made a profit.  The third lost.   I may have even used some birthday numbers through my lifetime, can't recall that for sure.  I've played some P3s with other ideas and won.  (of course lost some too, not trying to imply that I always won).

    What I haven't done is use anyone's posted predictions from here.  Considering the amount of numbers posted, it is likely that numbers I played were identical to some posted - but I never intentionally took someone's numbers and then purchased tickets.

    I've bought scratch-off tickets.  I think the biggest winner was like $10.  Easily in the hole for those.  I haven't bought one in years because of that.

    I used to purchase jackpot games with QPs.  Rarely won anything - more often than not, didn't even match one number on my ticket.  I started toying with various ideas for (mostly) MM and did win some money.  Much, much, more often than QPs.  Because of that, I am of the firm belief that SPs are a better choice, for me.  I am of the belief that the right SPs can outperform QPs.

    Before I started using SPs, I was already in the hole after years of playing JP games and getting practically nothing in return.  So, I am still in the hole - but not as much as I was. 

    What that means to me:  It is costing me less than $1 per ticket to possibly win $50 million.  ANY money won, regardless if it is not a profit, lowers your cost to still be in the game.  That is true for anyone. 

    I pick and choose when I feel like playing - I don't spend any set amount per week.  Probably the most I spent at one time was around $40 - and that was for multiple P3 draws. 

    My belief is that I won't have a profit without a JP win.  It doesn't bother me one way or the other, I don't have that much tied up in the game.

      rdgrnr's avatar - walt
      Way back up in them dadgum hills, son!
      United States
      Member #73904
      April 28, 2009
      14903 Posts
      Offline
      Posted: September 17, 2010, 8:15 pm - IP Logged

      I am not trying to evade your question.  Like most playing lottery, I was putting money trying to win

      p/3 $600 or Mo lotto and powerball.  And like most, profits are few and far between.  

      Imagine, if you could show a net profit of $100. a week, playing box, thats $5200. a yr. or 

      $25,000. in 5 yrs, 10 yrs over $50,000.

      Think about it, a lot of numbers can be played for very little money.  

      For the first time, for the last 3 weeks I've played only box, and my net profit is way up.  I don't

      think it is a good policy to post what you make for all the world to see.  Its not there business.

      I don't know how this will turn out over the year, but its got to be way better than I have done.

      OK thanks, I get it now, good luck to you.


                                                   
                           
                                               

       

       

       

       

                                                                                                         

      "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                  --Edmund Burke

       

       

        TeAl*888's avatar - octa feathers.jpg
        Ontario
        Canada
        Member #97475
        September 17, 2010
        69 Posts
        Offline
        Posted: September 17, 2010, 9:09 pm - IP Logged

        " Turn Profit in the Long run "

        What is long run? a year? 2 years?..or 10 years?

        I've been playing for about 2.5 years and of every $3 that I've spent I've won $1

         

        but I don't see it as loss, the actual profit here is knowledge gained (for a player)

        and in the Long Run with a little bit of help from the universe :)  you will get the desired results!

        You can't hit the target if you don't shoot!

         

        So yes in the Long run it is possible to make profit. Just  gotta stick with it and be persistant !

        Fractal

            " Truth is a Pathless Land " Krishnamurti

          rdgrnr's avatar - walt
          Way back up in them dadgum hills, son!
          United States
          Member #73904
          April 28, 2009
          14903 Posts
          Offline
          Posted: September 17, 2010, 9:17 pm - IP Logged

          " Turn Profit in the Long run "

          What is long run? a year? 2 years?..or 10 years?

          I've been playing for about 2.5 years and of every $3 that I've spent I've won $1

           

          but I don't see it as loss, the actual profit here is knowledge gained (for a player)

          and in the Long Run with a little bit of help from the universe :)  you will get the desired results!

          You can't hit the target if you don't shoot!

           

          So yes in the Long run it is possible to make profit. Just  gotta stick with it and be persistant !

          "What is a long run?"

           

          That can be a tricky question.

          Sometimes the longest run in the world for me is from the back door to the outhouse after supper.


                                                       
                               
                                                   

           

           

           

           

                                                                                                             

          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                      --Edmund Burke

           

           

            TeAl*888's avatar - octa feathers.jpg
            Ontario
            Canada
            Member #97475
            September 17, 2010
            69 Posts
            Offline
            Posted: September 17, 2010, 9:26 pm - IP Logged

            Green laugh

             

            .. I guess it's all about 'how motivated you are'

            Fractal

                " Truth is a Pathless Land " Krishnamurti

              truecritic's avatar - PirateTreasure
              Michigan
              United States
              Member #22395
              September 24, 2005
              1583 Posts
              Offline
              Posted: September 17, 2010, 10:53 pm - IP Logged

              "What is a long run?"

               

              That can be a tricky question.

              Sometimes the longest run in the world for me is from the back door to the outhouse after supper.

              Are you using a system for that?

              Or maybe just your average QUICK PICK up and run!

              ROFL

                Luminus's avatar - ouskuu

                United States
                Member #51269
                April 3, 2007
                529 Posts
                Offline
                Posted: September 18, 2010, 2:46 pm - IP Logged

                Original Post by jrosina

                "Sun SmileyLuminus, when I first started and very new I used to get so excited that yes!! You are right!! I lost a lot of "Investment"! 

                we can loose sight of the big picture! and that is to make more than we spend!! It took me a long while to get it; even dough I had two of the Best in the digit game teaching me; they where my grandmother and my mother; boy they were good!!

                It does take a special kind of self restrain not to go over board; especially when you are "So Sure"  you know what is coming!!! LOL.. I do turn a profit every week, some weeks more and others less...

                I can only speak for myself it is worth the effort, besides I love this game!!1 I love The Lottery Post!  LOl.. Ha,ha,ha. I am a digit fanatic! Play ON !

                and as I tell my family here at home, I am "digit Investor", that's my story and I am sticking to it...LoL!Sun SmileyLovies"

                I won $40,000 last night on a system play.  Do you believe me?Dupe Alert

                I can also levitate and eat acid without bodily harm.

                 

                 

                Original Post by st.germain

                “I don't have a system...just a good wheel that will churnout combinations from the numbers that i pick for wheeling...maybe i am lucky...idon't know but 3 big payouts is not too bad...it's just sad that it was over acourse of ten years...Ya just have to hang in there. As for how much i spend isdecided as to how big my wheels are. I use two. One is for 40 dollars and theother is 60 dollars and only twice a week. So, if you multiply that by 52 weeksyou will get an idea of how much i spend. It's a lot less then what i win. Idon't have much use for all the systems out there as i have faith in the way iuse my flowcharts in picking numbers.

                I won't embarrass you by asking how much you have won overxxx time period but i wish you all theluck in the world.

                I'll let you all know when i do hit the megamillion jackpot.goodwill and good luck to you all.”

                I spent $3,000 and won $13,000.  Who are you going to embarrass again?ROFL  I think it was all luck.

                But it's no surprise that when I agreed to your year stipulation, you found an excuse not to do it.  Typical.  All we have is your word, and everyone knows what that's worth.BS


                Original Post by RJOh

                "You know what's it going to be. Getting someone to give up their lottery winning system isn't going to be that easy. In fact if such a system exists, it wouldn't even be for sale let alone be offered up on a dare.

                LP is a forum for discussions lotteries so you should expect a lot of talk that not backed up. It's up to you to separate truth from fiction."

                That's BS.  I'm not asking anyone to reveal how their system works.  I'm just asking for a demonstration.  NO EXCUSES.

                I've already separated it.  I think systems are delusions.  No different than paying the minimum on a high-debt credit card.

                Original Post by gsc5

                “I think anyone can make a profit. Its the game your playing. You can play p/3 box and make a net profit of at least $50 a week.”

                More talk?Disapprove  Demonstrate.

                 

                Original Post by gsc5

                "I don't think it is a good policy to post what you make for all the world to see. "

                How convenient.Disapprove

                 

                "I am not sure I am understanding what you said.  There are juvenile posts on this site as there are on any public forum site.  Heck, I have a posted a few myself.  Go back and read what I said early on, shortly after I joined.  You might get a chuckle out of them.

                As to referring to a particular person, I try not to do that too often.  I already have tiggs95 mad at me.  My little red wagon is full at the moment; there is no room for anyone else at this time.

                Just what am I to "put up or shut up"?  Or was that meant for me?  I could read your words as referring to those who claim to have a profitable system.  But I am not sure if that is what you meant.

                As for me, I am still looking for that "profitable system".  I can win almost any P5/39 game but the cost would be $575,757 per draw.  I do not find that appeasing."

                No juvenile posts in this thread, not the entire site.

                 

                Put up or shut up was meant for the people who think their system works.

                 

                "I can win almost any P5/39 game but the cost would be $575,757 per draw.  I do not find that appeasing."

                 I Agree!ROFL

                 

                 

                I don't keep books on the wins and loses.  For P3, I believe I am slightly ahead.  Then again I don't think I have spent more than $100 total on P3 - and I am probably about that much ($100) ahead.

                I've bought QP and I've used SPs (self-picks).  (systems, strategies, ideas, methodologies).    I've never bought QPs for P3 games.  I had 3 dreams involving 3 digit numbers.  Two of the dreams paid off, I made a profit.  The third lost.   I may have even used some birthday numbers through my lifetime, can't recall that for sure.  I've played some P3s with other ideas and won.  (of course lost some too, not trying to imply that I always won).

                What I haven't done is use anyone's posted predictions from here.  Considering the amount of numbers posted, it is likely that numbers I played were identical to some posted - but I never intentionally took someone's numbers and then purchased tickets.

                I've bought scratch-off tickets.  I think the biggest winner was like $10.  Easily in the hole for those.  I haven't bought one in years because of that.

                I used to purchase jackpot games with QPs.  Rarely won anything - more often than not, didn't even match one number on my ticket.  I started toying with various ideas for (mostly) MM and did win some money.  Much, much, more often than QPs.  Because of that, I am of the firm belief that SPs are a better choice, for me.  I am of the belief that the right SPs can outperform QPs.

                Before I started using SPs, I was already in the hole after years of playing JP games and getting practically nothing in return.  So, I am still in the hole - but not as much as I was. 

                What that means to me:  It is costing me less than $1 per ticket to possibly win $50 million.  ANY money won, regardless if it is not a profit, lowers your cost to still be in the game.  That is true for anyone. 

                I pick and choose when I feel like playing - I don't spend any set amount per week.  Probably the most I spent at one time was around $40 - and that was for multiple P3 draws. 

                My belief is that I won't have a profit without a JP win.  It doesn't bother me one way or the other, I don't have that much tied up in the game.

                You use terms like "believe" and "I don't think" and somehow you think that's supposed to mean something?  What you believe and think is true is irrelevant.  Someone on the planet believes really strongly that the earth is flat.  Is the earth flat?

                You say SPs  are a better choice, then go on to say that you won't have a profit without a JP win.  How exactly did you determine that SPs are better than QPs, if neither makes a profit?  That doesn't make any sense.  Let it go.

                 

                " Turn Profit in the Long run "

                What is long run? a year? 2 years?..or 10 years?

                I've been playing for about 2.5 years and of every $3 that I've spent I've won $1

                 

                but I don't see it as loss, the actual profit here is knowledge gained (for a player)

                and in the Long Run with a little bit of help from the universe :)  you will get the desired results!

                You can't hit the target if you don't shoot!

                 

                So yes in the Long run it is possible to make profit. Just  gotta stick with it and be persistant !"

                If you don't see that spending more than what you gain as a loss, then you don't understand math.  I'm not interested in metaphysical claptrap about the universe.  Just do it.

                 

                Lottery Post REALLY needs a multi-quote button.

                  TeAl*888's avatar - octa feathers.jpg
                  Ontario
                  Canada
                  Member #97475
                  September 17, 2010
                  69 Posts
                  Offline
                  Posted: September 18, 2010, 3:07 pm - IP Logged

                  "If you don't see that spending more than what you gain as a loss, then you don't understand math.  I'm not interested in metaphysical claptrap about the universe.  Just do it." 

                  Quoting Luminus

                  -----------------------------------------------------------------------------------------------------------------------------------

                  Obviously your perspective on the issue is a conservative one!

                  Let me put it this way: there are different types of Investment

                  this is a Long Term Investment and whether it will return profit or not is dependant on factors that are not foreseen

                  Is it a wise investment?

                  ask the Winners: Yes

                  ask the Players: Maybe,Yes, I hope!

                  ask the Losers: No, I don't know ,I gave up!

                  "Just Do It" you say

                  I'd say : "I just might!" Wink

                  Fractal

                      " Truth is a Pathless Land " Krishnamurti

                    RJOh's avatar - chipmunk
                    mid-Ohio
                    United States
                    Member #9
                    March 24, 2001
                    19830 Posts
                    Offline
                    Posted: September 18, 2010, 3:30 pm - IP Logged

                    Original Post by jrosina

                    "Sun SmileyLuminus, when I first started and very new I used to get so excited that yes!! You are right!! I lost a lot of "Investment"! 

                    we can loose sight of the big picture! and that is to make more than we spend!! It took me a long while to get it; even dough I had two of the Best in the digit game teaching me; they where my grandmother and my mother; boy they were good!!

                    It does take a special kind of self restrain not to go over board; especially when you are "So Sure"  you know what is coming!!! LOL.. I do turn a profit every week, some weeks more and others less...

                    I can only speak for myself it is worth the effort, besides I love this game!!1 I love The Lottery Post!  LOl.. Ha,ha,ha. I am a digit fanatic! Play ON !

                    and as I tell my family here at home, I am "digit Investor", that's my story and I am sticking to it...LoL!Sun SmileyLovies"

                    I won $40,000 last night on a system play.  Do you believe me?Dupe Alert

                    I can also levitate and eat acid without bodily harm.

                     

                     

                    Original Post by st.germain

                    “I don't have a system...just a good wheel that will churnout combinations from the numbers that i pick for wheeling...maybe i am lucky...idon't know but 3 big payouts is not too bad...it's just sad that it was over acourse of ten years...Ya just have to hang in there. As for how much i spend isdecided as to how big my wheels are. I use two. One is for 40 dollars and theother is 60 dollars and only twice a week. So, if you multiply that by 52 weeksyou will get an idea of how much i spend. It's a lot less then what i win. Idon't have much use for all the systems out there as i have faith in the way iuse my flowcharts in picking numbers.

                    I won't embarrass you by asking how much you have won overxxx time period but i wish you all theluck in the world.

                    I'll let you all know when i do hit the megamillion jackpot.goodwill and good luck to you all.”

                    I spent $3,000 and won $13,000.  Who are you going to embarrass again?ROFL  I think it was all luck.

                    But it's no surprise that when I agreed to your year stipulation, you found an excuse not to do it.  Typical.  All we have is your word, and everyone knows what that's worth.BS


                    Original Post by RJOh

                    "You know what's it going to be. Getting someone to give up their lottery winning system isn't going to be that easy. In fact if such a system exists, it wouldn't even be for sale let alone be offered up on a dare.

                    LP is a forum for discussions lotteries so you should expect a lot of talk that not backed up. It's up to you to separate truth from fiction."

                    That's BS.  I'm not asking anyone to reveal how their system works.  I'm just asking for a demonstration.  NO EXCUSES.

                    I've already separated it.  I think systems are delusions.  No different than paying the minimum on a high-debt credit card.

                    Original Post by gsc5

                    “I think anyone can make a profit. Its the game your playing. You can play p/3 box and make a net profit of at least $50 a week.”

                    More talk?Disapprove  Demonstrate.

                     

                    Original Post by gsc5

                    "I don't think it is a good policy to post what you make for all the world to see. "

                    How convenient.Disapprove

                     

                    "I am not sure I am understanding what you said.  There are juvenile posts on this site as there are on any public forum site.  Heck, I have a posted a few myself.  Go back and read what I said early on, shortly after I joined.  You might get a chuckle out of them.

                    As to referring to a particular person, I try not to do that too often.  I already have tiggs95 mad at me.  My little red wagon is full at the moment; there is no room for anyone else at this time.

                    Just what am I to "put up or shut up"?  Or was that meant for me?  I could read your words as referring to those who claim to have a profitable system.  But I am not sure if that is what you meant.

                    As for me, I am still looking for that "profitable system".  I can win almost any P5/39 game but the cost would be $575,757 per draw.  I do not find that appeasing."

                    No juvenile posts in this thread, not the entire site.

                     

                    Put up or shut up was meant for the people who think their system works.

                     

                    "I can win almost any P5/39 game but the cost would be $575,757 per draw.  I do not find that appeasing."

                     I Agree!ROFL

                     

                     

                    I don't keep books on the wins and loses.  For P3, I believe I am slightly ahead.  Then again I don't think I have spent more than $100 total on P3 - and I am probably about that much ($100) ahead.

                    I've bought QP and I've used SPs (self-picks).  (systems, strategies, ideas, methodologies).    I've never bought QPs for P3 games.  I had 3 dreams involving 3 digit numbers.  Two of the dreams paid off, I made a profit.  The third lost.   I may have even used some birthday numbers through my lifetime, can't recall that for sure.  I've played some P3s with other ideas and won.  (of course lost some too, not trying to imply that I always won).

                    What I haven't done is use anyone's posted predictions from here.  Considering the amount of numbers posted, it is likely that numbers I played were identical to some posted - but I never intentionally took someone's numbers and then purchased tickets.

                    I've bought scratch-off tickets.  I think the biggest winner was like $10.  Easily in the hole for those.  I haven't bought one in years because of that.

                    I used to purchase jackpot games with QPs.  Rarely won anything - more often than not, didn't even match one number on my ticket.  I started toying with various ideas for (mostly) MM and did win some money.  Much, much, more often than QPs.  Because of that, I am of the firm belief that SPs are a better choice, for me.  I am of the belief that the right SPs can outperform QPs.

                    Before I started using SPs, I was already in the hole after years of playing JP games and getting practically nothing in return.  So, I am still in the hole - but not as much as I was. 

                    What that means to me:  It is costing me less than $1 per ticket to possibly win $50 million.  ANY money won, regardless if it is not a profit, lowers your cost to still be in the game.  That is true for anyone. 

                    I pick and choose when I feel like playing - I don't spend any set amount per week.  Probably the most I spent at one time was around $40 - and that was for multiple P3 draws. 

                    My belief is that I won't have a profit without a JP win.  It doesn't bother me one way or the other, I don't have that much tied up in the game.

                    You use terms like "believe" and "I don't think" and somehow you think that's supposed to mean something?  What you believe and think is true is irrelevant.  Someone on the planet believes really strongly that the earth is flat.  Is the earth flat?

                    You say SPs  are a better choice, then go on to say that you won't have a profit without a JP win.  How exactly did you determine that SPs are better than QPs, if neither makes a profit?  That doesn't make any sense.  Let it go.

                     

                    " Turn Profit in the Long run "

                    What is long run? a year? 2 years?..or 10 years?

                    I've been playing for about 2.5 years and of every $3 that I've spent I've won $1

                     

                    but I don't see it as loss, the actual profit here is knowledge gained (for a player)

                    and in the Long Run with a little bit of help from the universe :)  you will get the desired results!

                    You can't hit the target if you don't shoot!

                     

                    So yes in the Long run it is possible to make profit. Just  gotta stick with it and be persistant !"

                    If you don't see that spending more than what you gain as a loss, then you don't understand math.  I'm not interested in metaphysical claptrap about the universe.  Just do it.

                     

                    Lottery Post REALLY needs a multi-quote button.

                    From Luminus post: 

                    "You know what's it going to be. Getting someone to give up their lottery winning system isn't going to be that easy. In fact if such a system exists, it wouldn't even be for sale let alone be offered up on a dare.

                    LP is a forum for discussions lotteries so you should expect a lot of talk that not backed up. It's up to you to separate truth from fiction."

                    That's BS.  I'm not asking anyone to reveal how their system works.  I'm just asking for a demonstration.  NO EXCUSES.

                    I've already separated it.  I think systems are delusions.  No different than paying the minimum on a high-debt credit card.

                    BS Luminus, if you really believe systems are delusions, why do you continue asking for a demonstration?  You want a demonstration with enough information to convince you that it worked in the past and will work again in the future which means someone would have to explain to you exactly how their system works.  Why would anyone cared what you believed if they aren't trying to sell you something?

                    Even if is a system works, it's a gamble every time someone uses it.  It's just that system players think it's a good gamble that is more likely to payoff.

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

                      truecritic's avatar - PirateTreasure
                      Michigan
                      United States
                      Member #22395
                      September 24, 2005
                      1583 Posts
                      Offline
                      Posted: September 18, 2010, 4:07 pm - IP Logged

                      posted by Luminus

                      "You use terms like "believe" and "I don't think" and somehow you think that's supposed to mean something?  What you believe and think is true is irrelevant.  Someone on the planet believes really strongly that the earth is flat.  Is the earth flat?

                      You say SPs  are a better choice, then go on to say that you won't have a profit without a JP win.  How exactly did you determine that SPs are better than QPs, if neither makes a profit?  That doesn't make any sense.  Let it go."

                      Let's start at the backend of your post...How exactly did you determine that SPs are better than QPs  ...exactly as I stated:

                      I used to purchase jackpot games with QPs.  Rarely won  anything - more often than not, didn't even match one number on my ticket.  I started toying with various ideas for (mostly) MM and did win some money.  Much, much, more often than QPs.  Because of that, I am of the firm belief that SPs are a better choice, for me

                      That isn't something I can prove to anyone, other than to myself...so I use the term "of the firm belief" that SPs are a better choice for me.  That was my test and the choice was clear - SPs are better than QPs for me.   QPs can only be one category. That ticket which shows it was chosen as a QP from the State Lottery Terminal.  Nothing else is a QP as far as the any Lottery Commission is concerned.  Then the other category is SPs.  SP's can be a wide variety of systems, strategies, ideas, methodologies.  Not everyone will have a winning SP run.  Not everyone will have better results using SPs.  I have had much better results using SPs rather than QPs.

                      if neither makes a profit?  That doesn't make any sense.  Who said neither makes a profit?    I don't think you can use only QPs for P3 and show a profit.  I have to say "don't think" because as soon as I post, someone will come along and say they have made a profit betting P3 QPs. 

                      With jackpot games, obviously people have made a profit with both QPs and SPs -  that is clear from State Lotteries posted information and not one of my "beliefs." 

                      QPs win as dictated by the odds of the game you are playing.  SPs can have a better or worse record than QPs - depends.  A good SP system, strategy, idea, methodology will outperform QPs.  It may not show a profit (or it might - luck is ALWAYS involved).  But the Win Percent CAN be better (whether it shows a profit or not).  You seem to have profit in your head as the only way to gauge which is better.  And that isn't true.  If you have a higher win percent with SPs, than QPs, then they are BETTER.

                      When you ran your test with tiggs, you made him the winner.  Yet he did not show a profit?  Nowhere near a profit - just that the QPs outperformed your SPs.  You know, if your SPs had just got lucky once during that contest and grabbed a 2nd prize - you would have been the winner.  Luck is always an integral part of either QPs or SPs.

                      You realize your tiggs challenge wasn't large enough to be statistically acceptable?  I can't tell you what would be the correct test, maybe others here could.

                      The benefit of simply having a higher win percent is that I get the same benefits, same chance at winning for a lot less than $1 per ticket.   Let's use straight bet P3, 100 tickets purchased over 100 games for an example.

                      QP buyer wins nothing (zero).  It has cost him $100 to participate.  I play SPs and win $20.  That means each ticket only cost me 80¢.  I get the same chance to win that $500 prize.  I get a 20% discount! 

                      If I ran 2 stores next to each other, one selling regular $1 tickets and the other selling the same identical tickets for 80¢ - which store do you think will have the longest line at the terminal?

                      Reason I said, My belief is that I won't have a profit without a JP win...is because (A) I don't hardly play P3.  (B) I don't think (with 90% certainty) you can "grind out" a P3 profit.  So I am just predicting that my win is most likely to happen from a JP game, if it happens at all.

                      If somehow I come up with a profitable P3 system, then I will (99% certainty) make a profit that way.  I guess, bottom line, when I use those terms that you objected to, it is my way of making disclaimers for things.  I am not someone that says, if I just think positive, then I will definitely (100% certainty) win the lottery.  I know that nothing is 100% certain, so I use those kinds of terms often.  I hope that clears things up.

                        truecritic's avatar - PirateTreasure
                        Michigan
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                        Posted: September 19, 2010, 12:11 am - IP Logged

                        My apologies, this line is incorrect for the analogy I tried to setup.  I'm surprised no one pointed it out me! Big Grin

                        Let's use straight bet P3, 100 tickets purchased over 100 games for an example.

                        Naturally, if only betting straights for $1, a minimum win would be $500.    I picked numbers out of the air to illustrate what I was trying to get across to you - and of course, those exact amounts could not occur.   The analogy stays the same though.  Illustrating why SPs are better, even if you don't make a profit.

                        I'll rephrase the example with correct money amounts.

                        Let's use box bet P3,  100 - 50¢ tickets purchased for 100 games for an example.

                        QP buyer wins nothing (zero).  It has cost him $50 to participate.  I play SPs and win $41.  (MI pays $41 on a 50¢ box).  That means each ticket only cost me 9¢.  I get the same chance to win that $500 prize.  I get an 82% discount! 

                        If I ran 2 stores next to each other, one selling regular $1 tickets and the other selling the same identical tickets for 9¢ - which store do you think will have the longest line at the terminal?

                          truecritic's avatar - PirateTreasure
                          Michigan
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                          September 24, 2005
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                          Posted: September 19, 2010, 6:31 am - IP Logged

                          Folks...my math seems destined to be off.  Next time I'll pick something where the highest numbers are 2+2. Big Grin

                          Not 9¢ cost for each ticket.  They would cost 18¢ each. ($9.00/50).  Which is an 82% discount as shown above.

                          Sorry, again.

                            rcbbuckeye's avatar - Lottery-043.jpg
                            Texas
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                            October 23, 2007
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                            Posted: September 19, 2010, 11:17 am - IP Logged

                            Folks...my math seems destined to be off.  Next time I'll pick something where the highest numbers are 2+2. Big Grin

                            Not 9¢ cost for each ticket.  They would cost 18¢ each. ($9.00/50).  Which is an 82% discount as shown above.

                            Sorry, again.

                            I thought you were right the first time. You ended up paying $9 for 100 tics, .09 per tic.

                            CAN'T WIN IF YOU'RE NOT IN

                            A DOLLAR AND A DREAM (OR $2)

                              truecritic's avatar - PirateTreasure
                              Michigan
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                              September 24, 2005
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                              Posted: September 19, 2010, 2:29 pm - IP Logged

                              I thought you were right the first time. You ended up paying $9 for 100 tics, .09 per tic.

                              Know what?  You've convinced me I was right at 9¢.  Thanks. 

                              The analogy throughout my comedy of errors is that winning a prize, even if it does not produce a profit is well worth achieving.  It lowers your cost to play the game and does not affect your chance of winning the prize for whatever particular game you are playing.