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Good OR Bad Bet

Topic closed. 7 replies. Last post 6 years ago by JAP69.

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Would you bet $640 to win $900?

Yes [ 4 ]  [11.43%]
No [ 28 ]  [80.00%]
I'm not sure [ 3 ]  [8.57%]
Total Valid Votes [ 35 ]  
Discarded Votes [ 2 ]  
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FL
United States
Member #93841
July 8, 2010
576 Posts
Offline
Posted: December 23, 2010, 1:38 pm - IP Logged

If you had to pick two out of three numbers correct

#1-#2-#3

#1 has a 54% chance of hitting

#2 has a 39% chance of hitting

#3 has a 7% chance of hitting

Past 10 results

  1. 2
  2. 2
  3. 1
  4. 2
  5. 1
  6. 1
  7. 1
  8. 2
  9. 2
  10. 2

 

The #2 repeated 3 times in a row, all you have to do is pick two numbers right.

what two numbers would you pick for the 11th number?

"It's evolve or die, really, you have to evolve, you have to move on otherwise it just becomes stagnant."

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
    United States
    Member #30470
    January 17, 2006
    10356 Posts
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    Posted: December 23, 2010, 4:13 pm - IP Logged

    Would you bet $640 to win $900?

    No. To take a phrase from poker, "the pot ain't right".

    The pot in this case is $900, and $640 of it is yours. A net gain of $260 would be nice, but one loss and you're playing catch-up football. To me the idea of playing lotto isn't to bet more to win less.

    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

    Lep

    There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

      sully16's avatar - sharan
      Ringleader
      Michigan
      United States
      Member #81740
      October 28, 2009
      40614 Posts
      Online
      Posted: December 23, 2010, 6:50 pm - IP Logged

      no, not when I can spen 1.00 TO WIN 5 HUNDRED DOLLARS.

      Did you exchange a walk on part in the war ?

      For a lead role in a cage?

       

                                                  From Pink Floyd's " Wish you were here"

        Avatar
        FL
        United States
        Member #93841
        July 8, 2010
        576 Posts
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        Posted: December 24, 2010, 1:31 am - IP Logged

        I understand where you are both coming from, you only gain $260....The question about the cash has to do with the question about picking two out of three numbers I asked.

         

        The number #2 has hit three times in a row, you have to basically rule out one number out of #1, #2, and #3; Thus, choosing two numbers right.

        The odds

        #1 has a 54% chance of hitting

        #2 has a 39% chance of hitting

        #3 has a 7% chance of hitting

         

        Each number does not have an equal chance of hitting because the numbers represent categories(groups).

        "It's evolve or die, really, you have to evolve, you have to move on otherwise it just becomes stagnant."

          dr65's avatar - black panther.jpg
          Pennsylvania
          United States
          Member #74096
          May 2, 2009
          22980 Posts
          Online
          Posted: December 25, 2010, 9:36 pm - IP Logged

          no, not when I can spen 1.00 TO WIN 5 HUNDRED DOLLARS.

          BananaBananaBanana

            tiggs95's avatar - Lottery-036.jpg

            United States
            Member #47420
            November 4, 2006
            3930 Posts
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            Posted: December 26, 2010, 9:20 am - IP Logged

            It only takes 1.00 to hit the lottery..

                                                                      Pure luck

              JAP69's avatar - alas
              South Carolina
              United States
              Member #6
              November 4, 2001
              8790 Posts
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              Posted: December 26, 2010, 9:37 am - IP Logged

              The #2 repeated 3 times in a row, all you have to do is pick two numbers right.

              what two numbers would you pick for the 11th number?

               

              Each number does not have an equal chance of hitting because the numbers represent categories(groups).

              _______________________________________________________________________

              To eliminate the #2 from the choice I would base that judgement on reviewing a longer history. My choice would also be based on what type of numbers are in the group.

              MAGA

                JAP69's avatar - alas
                South Carolina
                United States
                Member #6
                November 4, 2001
                8790 Posts
                Offline
                Posted: December 26, 2010, 9:43 am - IP Logged

                If you had to pick two out of three numbers correct

                #1-#2-#3

                #1 has a 54% chance of hitting

                #2 has a 39% chance of hitting

                #3 has a 7% chance of hitting

                Past 10 results

                1. 2
                2. 2
                3. 1
                4. 2
                5. 1
                6. 1
                7. 1
                8. 2
                9. 2
                10. 2

                 

                The #2 repeated 3 times in a row, all you have to do is pick two numbers right.

                what two numbers would you pick for the 11th number?

                #3 has a 7% chance of hitting

                ____________________________________

                With a 7% chance of hitting on #3 it boils down to a matter of when to choose the #3.

                MAGA