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1 in 27 odds pick 3 great?

Topic closed. 19 replies. Last post 4 years ago by CinCin.

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Uluska's avatar - strawberry

United States
Member #134627
November 2, 2012
1001 Posts
Offline
Posted: January 9, 2013, 3:36 pm - IP Logged

The group will spend $1000 and win only $900. It means every game will make your close knit group of friends 10% poorer. After only 10 games the group is loosing $1000 dollars, while investing $10000 and recovering $9000. Not good at all. After 27 games ( they are required in this case so everyone can get $900 in his turn) group looses $2700 after investing, spending  $27 000.  Everyone will feel bad, because you are not playing with bunch of unknown strangers, who's pockets are the least of your concern, you are playing with people you know and you all loose as a group. 10 % loss will constantly haunt you, that is as big as 3 yearly inflation percentages. Any loss is bad.

This lottery does not offer profits. What it does is impoverishing the players as general group, and shifting the money from least fortunate, the most of them,  to the winners.

Well, if tickets would cost 50 cents each, then things will work out. But, in this case they slash the win in half or more. No good either.

    rdgrnr's avatar - walt
    Way back up in them dadgum hills, son!
    United States
    Member #73904
    April 28, 2009
    14903 Posts
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    Posted: January 9, 2013, 3:47 pm - IP Logged

    Tis me rdgrnr...that's my lottery win smile! lol..

    So your default photo is not YOU? lollolololol.......and thanks Haymaker..yep, born and raised right here in SC!...

    Whoa, very pretty smile, CinCin.

    I like wimmins who smile all the time.

    I hate when they got they teeth all clenched talkin' 'bout "Where you been all night, Rufus?"No No and all like that.

    I like smilin' wimmins! Big Grin

      helpmewin's avatar - dandy
      u$a
      United States
      Member #106665
      February 22, 2011
      19752 Posts
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      Posted: January 9, 2013, 5:37 pm - IP Logged

      First time that I see that! Exceptional! Coffee Do we move to there?

      No Nod

      Let it Snow Snowman


        United States
        Member #136148
        December 4, 2012
        99 Posts
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        Posted: January 18, 2013, 4:39 pm - IP Logged

        I'd say play it every day and buy a lot of tickets as long as those tickets don't cost more than $12 each (save some for the taxman).

          Avatar
          Columbia, SC
          United States
          Member #135285
          November 21, 2012
          584 Posts
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          Posted: January 18, 2013, 7:39 pm - IP Logged

          Whoa, very pretty smile, CinCin.

          I like wimmins who smile all the time.

          I hate when they got they teeth all clenched talkin' 'bout "Where you been all night, Rufus?"No No and all like that.

          I like smilin' wimmins! Big Grin

          Awwww Thanks rdgnr!!!

          "If you can DREAM it, you can DO it!"- Walt Disney