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Lottery Post PB Pool

Topic closed. 39 replies. Last post 4 years ago by rdgrnr.

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Vaughan
Canada
Member #137822
January 12, 2013
139 Posts
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Posted: March 29, 2013, 5:01 pm - IP Logged

I trust todd with the money.

$2 per draw from each participant, for a 6 month term. QPs.

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    London
    United Kingdom
    Member #140684
    March 24, 2013
    566 Posts
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    Posted: March 29, 2013, 5:11 pm - IP Logged

    Seems like hassle.

    2016 Won/Lost

    EuroMillions / Spent: £22 / Won £0 / Total -£22

    UK Lotto / Spent: £4 / Won: £0 / Total: -£4

    2016 Total: -£24

    Jan: -£22 Feb: £0 ~ Mar: £0 ~ April: £0 ~ May: £0 ~ June: £0 ~ July: £2

     

    EuroMillions = £2 Line / Played: x11 [old price] 

    EuroMillions = £2.50 Line / Played: x0

    UK Lotto = £2 Line / Played x2

      Original Bey's avatar - Lottery-022.jpg

      Bahamas
      Member #133462
      September 30, 2012
      5946 Posts
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      Posted: March 29, 2013, 5:14 pm - IP Logged

      I trust todd with the money.

      $2 per draw from each participant, for a 6 month term. QPs.

      Do you know how much of his time it takes to run these sites? He has admitted on several occasions that often times he doesn't get to play HIMSELF. Now you want to volunteer him for this? I trust you two spoke offline in this regard. Otherwise, I find it very presumptuous for you to even suggest as much.

      "Everything works  ONCE!"

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        Kentucky
        United States
        Member #32652
        February 14, 2006
        7309 Posts
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        Posted: March 29, 2013, 5:15 pm - IP Logged

        I trust todd with the money.

        $2 per draw from each participant, for a 6 month term. QPs.

        "$2 per draw from each participant, for a 6 month term. QPs."

        That has to be one of the dumbest ideas I've read on LP and probably illegal. And worse you're suggesting the owner of this site has nothing better to do than keeping track of lottery poll with possibly thousands of participants, trying to figure out who is in and who is out, and a potential law suit from the members who were out if the pool happens to actually win a jackpot.


          United States
          Member #124493
          March 14, 2012
          7023 Posts
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          Posted: March 29, 2013, 5:20 pm - IP Logged

          I trust todd with the money.

          $2 per draw from each participant, for a 6 month term. QPs.

          Quick picks dont offer any odds improvement.

          Five hundred people buying quick picks in a pool dont offer any incentive.

          The chances are not any better than if the 500 people buy their quick picks separately.

          If per chance you want to do four $200 wheels, then there might be some odds improvement.

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            Vaughan
            Canada
            Member #137822
            January 12, 2013
            139 Posts
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            Posted: March 29, 2013, 5:23 pm - IP Logged

            if we hit the website will generate millions of clicks per day.

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              London
              United Kingdom
              Member #140684
              March 24, 2013
              566 Posts
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              Posted: March 29, 2013, 5:25 pm - IP Logged

              if we hit the website will generate millions of clicks per day.

              Just stick to buying your own quick picks, I doubt this will work.

              2016 Won/Lost

              EuroMillions / Spent: £22 / Won £0 / Total -£22

              UK Lotto / Spent: £4 / Won: £0 / Total: -£4

              2016 Total: -£24

              Jan: -£22 Feb: £0 ~ Mar: £0 ~ April: £0 ~ May: £0 ~ June: £0 ~ July: £2

               

              EuroMillions = £2 Line / Played: x11 [old price] 

              EuroMillions = £2.50 Line / Played: x0

              UK Lotto = £2 Line / Played x2

                Original Bey's avatar - Lottery-022.jpg

                Bahamas
                Member #133462
                September 30, 2012
                5946 Posts
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                Posted: March 29, 2013, 5:32 pm - IP Logged

                if we hit the website will generate millions of clicks per day.

                Since you insist, let's explore your thinking further. Assume 1,000 members are participating at the time of the win. The jackpot is 100m annuity. Consider the fed and state taxes which takes it to over 40% in deductions from the actual cash value. What does each of them walk away with?

                 

                Do you see why a ban against drinking and posting is quickly working its way up through the courts?

                "Everything works  ONCE!"


                  United States
                  Member #93947
                  July 10, 2010
                  2180 Posts
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                  Posted: March 29, 2013, 5:51 pm - IP Logged

                  I trust todd with the money.

                  $2 per draw from each participant, for a 6 month term. QPs.

                  "I trust todd with the money."

                  LOL

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                    Vaughan
                    Canada
                    Member #137822
                    January 12, 2013
                    139 Posts
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                    Posted: March 29, 2013, 5:56 pm - IP Logged

                    LOL


                      United States
                      Member #93947
                      July 10, 2010
                      2180 Posts
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                      Posted: March 29, 2013, 7:56 pm - IP Logged

                      Quick picks dont offer any odds improvement.

                      Five hundred people buying quick picks in a pool dont offer any incentive.

                      The chances are not any better than if the 500 people buy their quick picks separately.

                      If per chance you want to do four $200 wheels, then there might be some odds improvement.

                      "Quick picks dont offer any odds improvement."
                      This is true.

                      "Five hundred people buying quick picks in a pool don't offer any incentive."
                      Incentive to or for what?

                      "The chances are not any better than if the 500 people buy their quick picks separately."
                      It depends on what you mean by "chances."  Ignoring taxes, if you buy 1 Powerball ticket, you will have one  "chance" to win about $175M .  If you join 499 others in a pool to purchase 500 Powerball tickets, you will have 500 chances to win about $350,000.  The "odds" of EACH ticket winning is 175M to 1.  Take your choice.

                      "If per chance you want to do four $200 wheels, then there might be some odds improvement."
                      The "odds" are fixed by the rules of the game.  They won't change until the rules change.

                        helpmewin's avatar - dandy
                        u$a
                        United States
                        Member #106665
                        February 22, 2011
                        19794 Posts
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                        Posted: March 29, 2013, 8:27 pm - IP Logged

                        lets hit the big 5+1 together!

                        are these Quick picks or do we have numbers?Hyperi am getting excited for this

                        Let it Snow Snowman

                          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: March 29, 2013, 8:52 pm - IP Logged

                          "Quick picks dont offer any odds improvement."
                          This is true.

                          "Five hundred people buying quick picks in a pool don't offer any incentive."
                          Incentive to or for what?

                          "The chances are not any better than if the 500 people buy their quick picks separately."
                          It depends on what you mean by "chances."  Ignoring taxes, if you buy 1 Powerball ticket, you will have one  "chance" to win about $175M .  If you join 499 others in a pool to purchase 500 Powerball tickets, you will have 500 chances to win about $350,000.  The "odds" of EACH ticket winning is 175M to 1.  Take your choice.

                          "If per chance you want to do four $200 wheels, then there might be some odds improvement."
                          The "odds" are fixed by the rules of the game.  They won't change until the rules change.

                          "Ignoring taxes, if you buy 1 Powerball ticket, you will have one  "chance" to win about $175M."

                          No, actually that's not true, jimmy.

                          Ignoring taxes, if you buy one Powerball ticket, you will have one chance to win $50M.

                            savagegoose's avatar - ProfilePho
                            adelaide sa
                            Australia
                            Member #37136
                            April 11, 2006
                            3300 Posts
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                            Posted: March 29, 2013, 9:21 pm - IP Logged

                            my plan for a website pool system would be that everyone buys their own tickets,  they are all their own tickets and no claim or understanding to pay any other pool member anything is understood as being the overriding rule of the pool.

                             

                            people would post their  chosen or played numbers to the pool filter. and if those numbers are already played then it is high lighted and new numbers can be chosen. as more people enter, someone in the pool is likely to win but at no point are they obliged to enter their numbers or restrain from playing numbers because the pool said  the numbers are already taken.

                             

                            it would be courteous to  remove your numbers from the pool if you chose not to play in the current draw.

                             

                             

                            but there was also suggestion that we all play the same 6 numbers. if it hit 5 whites, we would bankrupt the lotteries.

                            2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                            keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297


                              United States
                              Member #93947
                              July 10, 2010
                              2180 Posts
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                              Posted: March 30, 2013, 1:13 am - IP Logged

                              "Ignoring taxes, if you buy 1 Powerball ticket, you will have one  "chance" to win about $175M."

                              No, actually that's not true, jimmy.

                              Ignoring taxes, if you buy one Powerball ticket, you will have one chance to win $50M.

                              It would have been better to qualify that $175M number with a reminder that it's a varaible jackpot, one that starts out lower, but often exceeds $175M.  $50M is really no more correct than $175M.