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Quote: Originally posted by Stack47 on Feb 11, 2013
"By "beat" I literally mean to gain an edge."
My definition of beating the odds is different than yours. When someone makes a conditional bet, they aren't beating the odds, but when they win the bet, they beat the odds.
The only edge that counts in the long run is did you win or did you lose. When I hit that 7-Spot playing Keno, the house had a 30% edge so when I won over $8000, I didn't gain an edge. Are lottery players trying to gain an edge or are they trying become instant millionaires?
"And because nothing can increase your odds of winning, it's inherent in the math that you can't "beat" the game (lotto games, that is.)"
Gambling isn't about beating a game, the odds, or the house edge; it's about risk/reward. There is a discussion asking if players will play their state lotto games now that both the MM and PB jackpots are at their minimum. In some states their lotto jackpots are higher than MM and the odds against winning those jackpots are considerably lower. But again it's not asking if it's easier to beat the game with lower odds, but does the reward outweigh the risk by playing that game.
"If you are counting cards succesfully, then you are playing at an advantage."
The player acting before the card counter has the same advantage and had he used basic hitting strategy, he would win the hand. He not only lost his advantage by taking a hit, he cause the counter to lose too. That hand is in the same past tense as a MM or PB winner saying they beat the odds.
You would understand WHY gambling is all about the odds, or the edge, if you were beating a game.
The lotto isn't that game. But when you have the edge, it absolutely becomes about how much that edge is. It's also about managing risk - but it's not about trying to beat the odds, it's about trying to be the guy who the odds favor. In other words - I don't rely on luck. And as much as you talk about that one day that you hit a 7 spot keno ticket, by that logic you should always play Keno forever. But that's bad logic, because you'll go broke.
Obviously lotto players are trying to get instantly rich without gaining an edge - but all of this talk of better odds is about trying to get better odds - an impossible feat. I don't feel I should respond again, even if you respond to this, because we're just talking circles. You can use the term "beat the odds" in a figurative sense but in a much more real sense, you cannot "beat the odds" by definintion, since the odds contain the possibilities of a win.
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Quote: Originally posted by Boney526 on Feb 11, 2013
You would understand WHY gambling is all about the odds, or the edge, if you were beating a game.
The lotto isn't that game. But when you have the edge, it absolutely becomes about how much that edge is. It's also about managing risk - but it's not about trying to beat the odds, it's about trying to be the guy who the odds favor. In other words - I don't rely on luck. And as much as you talk about that one day that you hit a 7 spot keno ticket, by that logic you should always play Keno forever. But that's bad logic, because you'll go broke.
Obviously lotto players are trying to get instantly rich without gaining an edge - but all of this talk of better odds is about trying to get better odds - an impossible feat. I don't feel I should respond again, even if you respond to this, because we're just talking circles. You can use the term "beat the odds" in a figurative sense but in a much more real sense, you cannot "beat the odds" by definintion, since the odds contain the possibilities of a win.
The only person talking in circles is you boney......
We understand that we are talking about a concept. It is NOT something that you can calculate on a piece of paper with a pencil. We are NOT talking about changing the actually odds of the game itself. I think LottoBoner said it best with the phrase "expecting something to happen" I like to like of it as "manufacturing a win" much like the Yankee's when they decide do things in a creative and different way in order to "manufacture a run" that otherwise would have NEVER taken place.
You keep trying to interpret "beating the odds" as "changing the odds" and thats not really the concept here.
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Quote: Originally posted by jimmy4164 on Feb 10, 2013
Ronnie316,
Your comments a page ago were not explanations, merely observations, and clearly, no "System" was defined.
Please explain.
--Jimmy4164
What I'm doing would be "merely observations" if I was posting in hindsight. Posting pre-draw makes it a prediction and an expectation of "something that is about to happen"
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I feel like my best chance for a 5 of 5 match on a live ticket is to anticipate the 5 winning numbers being in the last 18 drawn numbers. I think it has only happened once. I would need to eliminate some numbers and play a wheel. Perhaps a 4 if 4 of 10 wheel.