Just a heads up, Ive kept a record of lotto spending for a yearPrev Topic Next Topic

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savagegoose

adelaide sa
Australia
Member #37,135
April 11, 2006
3,341 Posts
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Dec 26, 2012, 12:05 pm

Over in my blog is a list of each months spending and winnings. and come jan 1 i will have a years worth of data. its been a long year. and no wins.

prob the most interesting fact is that on lotto i seem to win back about %25 of my spend, but on keno it was running at %50 all year, until I won it all back just weeks before xmas. If you did avg where high nd low occurrences are ignored,. It would prob run true that %50 return is about the going rate.

I made some mistakes, and have learned from them and next year i intend to be more accurate and diligent. I'm no accountant. but make of the numbers what you will. ill edit the sig file, and start with a clean slate when i start buying in the new year. phew.

On another note the syndicate that I run for my family where I bank and save the winnings towards a possible buying of all our tickets from the interest earned has stalled this year. the balance didn't go up at all, possible due to not winning enough, or maybe the small increase in prices. Better luck for my family in the new year. and

good luck in the new year all.

" Still swinging, still missing "
2014 = -1016; 2015= -1409; 2016 = -1171; 2017 = -1257 ; 2018 = - 1380 = TOT = - 6233

keno historic = -2291 ; 2015= -603; 2016= -424; 2017 =-427; 2018= -223 TOT = -3968

:
Nikkicute

Wisconsin
United States
Member #123,284
February 17, 2012
4,975 Posts
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Dec 26, 2012, 6:12 pm

2012 Lotto Play

Wins $19

Loss $198

Trying to win something, at least a Pick 3 before Feb 17 (1 year LP anniversary)
Uluska

United States
Member #134,621
November 2, 2012
1,175 Posts
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Dec 28, 2012, 11:55 am

During last summer gradually won half of what I was spending.
rdgrnr

100

The Hall Of The Mountain Kings Tennessee
United States
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April 28, 2009
15,378 Posts
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Dec 28, 2012, 12:10 pm

Better luck in the New Year, mate!
LottoGuyBC

British Columbia
Canada
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September 4, 2011
4,034 Posts
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Dec 28, 2012, 12:35 pm

not sure If I want to try

mite be too much of a disappointment

"You have to be in it to win it!"
savagegoose

adelaide sa
Australia
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April 11, 2006
3,341 Posts
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Dec 28, 2012, 6:29 pm

thanks, all in all with the big keno win it hasnt been a bad year. i still have 2 draws to go, tonight's, and Monday nights, for chance to win back some more yearly losses.

all up $2350 ish losses, and $2150 wins,

lotto on its one looks worse without keno carrying the day

about $1k down and $230 ish up.

ill post they YTD figures when i crunch the numbers. in a few days. but 1 thing blows my mind, and thats it works out at $45 a week i spent on gambling.

:o

" Still swinging, still missing "
2014 = -1016; 2015= -1409; 2016 = -1171; 2017 = -1257 ; 2018 = - 1380 = TOT = - 6233

keno historic = -2291 ; 2015= -603; 2016= -424; 2017 =-427; 2018= -223 TOT = -3968

:
savagegoose

adelaide sa
Australia
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April 11, 2006
3,341 Posts
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Dec 29, 2012, 6:33 am

running total ytd
mon/ lotto [78.50] 142 entries
tue/oz lotto [200.85] 28.9 167 tikets
wed/ lotto [66.85] 58.35 121 tickets
thur/ power ball[297.90] 54.15 361 tickets
sat/ lotto [133.65] 12.8 205 tickets
sat /pools [241.70] 54.75 439 tickets
keno [1467 ] 1917 1467 tickets
scratchers [ 20 ] 19 ?

lotto sub total [1019.10] 259.70
TOTAL [2486.10] 2176.70

final tally, - 309.40

" Still swinging, still missing "
2014 = -1016; 2015= -1409; 2016 = -1171; 2017 = -1257 ; 2018 = - 1380 = TOT = - 6233

keno historic = -2291 ; 2015= -603; 2016= -424; 2017 =-427; 2018= -223 TOT = -3968

:
Coin Toss

Zeta Reticuli Star System
United States
Member #30,469
January 17, 2006
11,791 Posts
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Jan 1, 2013, 1:51 am

Mine was:

Draw games - $1017 + $94 - Uusally I'm under one thousand for the year but Illinois added My3 and $1 option plays on Pick 5 and Pick 6.

Scratchers (wife mostly) - $753 +440

I guess there's a message there but it's still "the lure of the draw"

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners.

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.
savagegoose

adelaide sa
Australia
Member #37,135
April 11, 2006
3,341 Posts
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Jan 1, 2013, 2:36 am

the thing i found interesting with your stats, is you played almost the same $$$ on loto that I did over the year! and we both returned under half the money back from lotto.

my keno playing is what saved the day for the year. But i never started playing keno with the intention of spending more on it that on lottto. funny how things work out.

its jan 1 here and im already $2 in on keno and $10 into lotto for the year. time to open up a new text file and start recording.

" Still swinging, still missing "
2014 = -1016; 2015= -1409; 2016 = -1171; 2017 = -1257 ; 2018 = - 1380 = TOT = - 6233

keno historic = -2291 ; 2015= -603; 2016= -424; 2017 =-427; 2018= -223 TOT = -3968

:
Ronnie316

100

United States
Member #116,263
September 7, 2011
20,243 Posts
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Jan 1, 2013, 11:25 am

All my losers are in the junk draw....................
Ronnie316

100

United States
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September 7, 2011
20,243 Posts
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Jan 1, 2013, 11:25 am
jimmy4164

United States
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July 10, 2010
2,180 Posts
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Jan 1, 2013, 12:56 pm

Quote: Originally posted by savagegoose on Dec 26, 2012
Over in my blog is a list of each months spending and winnings. and come jan 1 i will have a years worth of data. its been a long year. and no wins.

prob the most interesting fact is that on lotto i seem to win back about %25 of my spend, but on keno it was running at %50 all year, until I won it all back just weeks before xmas. If you did avg where high nd low occurrences are ignored,. It would prob run true that %50 return is about the going rate.

I made some mistakes, and have learned from them and next year i intend to be more accurate and diligent. I'm no accountant. but make of the numbers what you will. ill edit the sig file, and start with a clean slate when i start buying in the new year. phew.

On another note the syndicate that I run for my family where I bank and save the winnings towards a possible buying of all our tickets from the interest earned has stalled this year. the balance didn't go up at all, possible due to not winning enough, or maybe the small increase in prices. Better luck for my family in the new year. and

good luck in the new year all.

Hi SavageGoose,

This post describes a simulation of Pick-3, but it supports your observation that, on average, your results will tend to be around 50%. However, as you experienced, it *IS* possible to have short term wins that put you in the black. In fact, you will see that it's possible to do even better than you did, purely at random. The lesson to be learned from all this is that if you are lucky enough to get a big win, the wise thing to do is take your money and run. Otherwise, the odds are, you will eventually give it all back.

https://www.lotterypost.com/thread/247020/2850041

--Jimmy4164
SergeM

Economy class
Belgium
Member #123,694
February 27, 2012
4,035 Posts
Offline

Jan 1, 2013, 4:53 pm

Quote: Originally posted by jimmy4164 on Jan 1, 2013
Hi SavageGoose,

This post describes a simulation of Pick-3, but it supports your observation that, on average, your results will tend to be around 50%. However, as you experienced, it *IS* possible to have short term wins that put you in the black. In fact, you will see that it's possible to do even better than you did, purely at random. The lesson to be learned from all this is that if you are lucky enough to get a big win, the wise thing to do is take your money and run. Otherwise, the odds are, you will eventually give it all back.

https://www.lotterypost.com/thread/247020/2850041

--Jimmy4164

Getting a big win can also give you the comfort of riding lady luck without having to worry about the expenses.
LottoBoner

United States
Member #124,487
March 14, 2012
7,021 Posts
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Jan 1, 2013, 5:17 pm

Quote: Originally posted by Ronnie316 on Jan 1, 2013
All my losers are in the junk draw....................

Time to clear out that draw! All my losers are in a shoebox, with quite a few scattered on the floor, and some on the bulletin board, and a couple taped on the walls. The rest of the losers I think are in my wallet.

So far for 2013 i am - $4.00

I will be putting all expenses and profits in my ledger.

I was hoping i could use those losers as tax write offs, but I guess I just sucked too much this year, although I think I hit three 4/5. Things have become a bit cloudy.

Looking to beat that this year by A LOT!
Ronnie316

100

United States
Member #116,263
September 7, 2011
20,243 Posts
Offline

Jan 1, 2013, 5:24 pm

Quote: Originally posted by LottoBoner on Jan 1, 2013
Time to clear out that draw! All my losers are in a shoebox, with quite a few scattered on the floor, and some on the bulletin board, and a couple taped on the walls. The rest of the losers I think are in my wallet.

So far for 2013 i am - $4.00

I will be putting all expenses and profits in my ledger.

I was hoping i could use those losers as tax write offs, but I guess I just sucked too much this year, although I think I hit three 4/5. Things have become a bit cloudy.

Looking to beat that this year by A LOT!

I'm makin room in that draw for a fresh new crop of losers....... Odds, what odds??????