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Help me undertsand odds

Topic closed. 36 replies. Last post 5 years ago by B$Rizzle.

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NY
United States
Member #103217
December 31, 2010
96 Posts
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Posted: August 28, 2011, 6:39 pm - IP Logged

Again, you just arent smarter than a 5th grader are ya?

Where is your original post does it show how many tickets prointed?

Here is your original post:

I really hope you arent referring to this:

$100,000
1 in: 4,233,600.00
$200,000
1 in: 5,292,000.00
$300,000
1 in: 4,233,600.00

 

If the odds of winning is listed as above. Does that mean

There would be 5,292,000/4,233,600; $100,000, 1.25 tickets

There would be $200,000, 1 ticket

There would be 4,233,600/5,292,000; $300,000, 0.8 tickets.

In other words, among 5,292,000 tickets there would be total of 3.05 tickets offering prizes worth of $600,000

>>> this is not the total ticket print. You MUST know how many TOP PRIZES were available at beginning to find this imformation out!!!


Im sorry but this has got to be by far the dumbest quesiton asked on Lottery Post. You really think that those odds mean there are 1.25 Top Prizes of $100,000? Are you kidding me? You really asked that question? what in the he11 is the .25? LOL

Duffer,

Can't believe you are still not getting it!

>>> this is not the total ticket print. You MUST know how many TOP PRIZES were available at beginning to find this imformation out!!!

Forget about top prizes available, what game etc. It is irrelevant (sloppy uncle), My origional query is strictly math related, if you knew little you would have been able to properly grasp instead of making me explain again and again.

Let me try one last time for a dumbo and see if he gets it.

If three odds are what I listed and the tickets printed were 5,292,000 (assumption), then is my calculation correct?  i.e. there would 1.25, 1 and 0.8 tickets respectively for 100k,200k and 300K. 

If lottery prints 5 times then obviously there would be 5 times  respective winning tickets and 1/2 of the prizes were already taken , then half of them will be available etc...what a genious.

If you don't get it this time, I'm going to feel sorry not for you but whoever brought you in this world !!!!

    Avatar
    NY
    United States
    Member #103217
    December 31, 2010
    96 Posts
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    Posted: August 28, 2011, 6:45 pm - IP Logged

    Im sorry but this has got to be by far the dumbest quesiton asked on Lottery Post. You really think that those odds mean there are 1.25 Top Prizes of $100,000? Are you kidding me? You really asked that question? what in the he11 is the .25? LOL

     

    Instead of flipping burgers, you need to get few math classes to decipher that. That's way beyond your intellect dude.

      B$Rizzle's avatar - a4leds
      The Ville, FL
      United States
      Member #95879
      August 19, 2010
      1708 Posts
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      Posted: August 28, 2011, 8:12 pm - IP Logged

      Duffer,

      Can't believe you are still not getting it!

      >>> this is not the total ticket print. You MUST know how many TOP PRIZES were available at beginning to find this imformation out!!!

      Forget about top prizes available, what game etc. It is irrelevant (sloppy uncle), My origional query is strictly math related, if you knew little you would have been able to properly grasp instead of making me explain again and again.

      Let me try one last time for a dumbo and see if he gets it.

      If three odds are what I listed and the tickets printed were 5,292,000 (assumption), then is my calculation correct?  i.e. there would 1.25, 1 and 0.8 tickets respectively for 100k,200k and 300K. 

      If lottery prints 5 times then obviously there would be 5 times  respective winning tickets and 1/2 of the prizes were already taken , then half of them will be available etc...what a genious.

      If you don't get it this time, I'm going to feel sorry not for you but whoever brought you in this world !!!!


      If three odds are what I listed and the tickets printed were 5,292,000 (assumption), then is my calculation correct?  i.e. there would 1.25, 1 and 0.8 tickets respectively for 100k,200k and 300K.

      Seriously, you are like arguing with a retarded goat. You are not worth the time to even answer that.

        Avatar
        NY
        United States
        Member #103217
        December 31, 2010
        96 Posts
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        Posted: August 28, 2011, 9:09 pm - IP Logged


        If three odds are what I listed and the tickets printed were 5,292,000 (assumption), then is my calculation correct?  i.e. there would 1.25, 1 and 0.8 tickets respectively for 100k,200k and 300K.

        Seriously, you are like arguing with a retarded goat. You are not worth the time to even answer that.

        I know you have no clue. I know my understanding of odds is correct. That question wasn't meant for you dud!

        you get lost when  I talk about .25 or 0.8 don't you? can't help you.Sorry.

          Avatar
          Milwaukee, WI
          United States
          Member #3131
          December 27, 2003
          665 Posts
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          Posted: August 28, 2011, 10:47 pm - IP Logged

          Now this is very important.

          Also take into account the price of the ticket if you are buying something like a scratch off.

          If you pay $20 for a ticket at 1:1,000,000 odds

          and then you pay $1 for a ticket at 1:1,000,000 odds   the effictive odds are 20 x better for the $1 ticket.

          If the prize is the same, you would be much better off buying 20 $1 tickets.

          Although it's not an exact science I take the prize cash value and divide by the odds  abd divide that by the cost of the  ticket.    The bigger the number the better.

          For instance  comparing Wisconsin MegaBucks and Powerball.

          Powerball  $44,100,000/195,249,054odds/1cost=0.225

          Wis MegaBucks=$6,400,000/6,991,908odds/1=.915

          Meaning possible payback for Megabucks is 4x powerball... Making Megabucks the best deal.

          It is NOT an exact science. But very close......

          Raffles brag the best odds, but they leave out the fact that the ticket costs you 10x or 20x more. Sneaky!

            Coin Toss's avatar - shape barbed.jpg
            Zeta Reticuli Star System
            United States
            Member #30470
            January 17, 2006
            10351 Posts
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            Posted: August 29, 2011, 12:26 am - IP Logged

            jaggudada,

            I'm still not sure what specific game you are talking about but the prizes and odds in your example don't make sense.

            Why would the odds be less to win $300,000 than $200,000? And why would the odds to win $300,000 be the same as the odds to win $100,000?

            $100,000
            1 in: 4,233,600.00
            $200,000
            1 in: 5,292,000.00
            $300,000
            1 in: 4,233,600.00

            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.

              B$Rizzle's avatar - a4leds
              The Ville, FL
              United States
              Member #95879
              August 19, 2010
              1708 Posts
              Offline
              Posted: August 29, 2011, 9:40 am - IP Logged

              jaggudada,

              I'm still not sure what specific game you are talking about but the prizes and odds in your example don't make sense.

              Why would the odds be less to win $300,000 than $200,000? And why would the odds to win $300,000 be the same as the odds to win $100,000?

              $100,000
              1 in: 4,233,600.00
              $200,000
              1 in: 5,292,000.00
              $300,000
              1 in: 4,233,600.00

              Coin toss - this guy doesn't make a lick of sense. Seriously there is no point. He doesn't even understand what he is asking. Be careful once you answer his question he will come back and blame you for him not making sense.