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is anyone making an income from lottery

Topic closed. 629 replies. Last post 4 years ago by Stack47.

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Posted: April 28, 2013, 1:08 pm - IP Logged

Ronnie316 says, "Jammy gets high on believing everyone else is stupid. (among other things)"

If this were true I wouldn't be wasting my time trying to expose those who actually do believe this.

Stack47 says,"You're wrong as usual because people are voluntarily buying picks and playing the numbers in their state lottery. It's no different than when a clerks ask 'do you want a PB or MM ticket'; not one clerk has pointed a gun to my head and said 'buy it or else'."

When you pay a lottery clerk $1, you receive a ticket, a chance to win.  When Ronnie316 sent Keith Price $1 on 4/24/13, he would have been better off using his $1 to buy a ticket.

Stack47 really should spend some quality time in the library with Mr. Epstein's book.  Monsieur Laplace, in spirit, would look over his shoulder and smile.

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    Kentucky
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    Posted: April 28, 2013, 1:29 pm - IP Logged

    Jammy gets high on believing everyone else is stupid. (among other things)

    Jimmy read a book about number statistics with opinions about lottery players and now believes he's an expert on lottery play. We could tell him another thousand time the odds against winning lottery prizes are on the back of play slips and on state lottery websites and he'll ignore that another thousand times. There are thousands of example of how lottery players play lottery games on this website, but he still can't comprehend why some players might pay a buck for the picks of another player that has won several prizes.

    Pointing out that state lottery websites publish the names, amounts won, and/or pictures of multiple prize winner is an observation with a conclusion it's possible some of them are making an income. Jimmy's "intellectual" conclusion is the multiple prize winners spend thousands to win hundreds so they collect a few bucks from unsuspecting lottery players.


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      Posted: April 28, 2013, 1:53 pm - IP Logged

      Stack47 really should spend some quality time in the library with Mr. Epstein's book.  Monsieur Laplace, in spirit, would look over his shoulder and smile.

      If he were to take this advice, he might stop making a fool of himself here.  I've never noticed him mention what he does, or did, for a living.  At least he is not embarrassing others in that line of work.

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        Posted: April 28, 2013, 2:54 pm - IP Logged

        "your guess is as good as mine as to how much it cost him."

         

        For some reason I doubt that, although I see your point.  I don't actually know if he's overall won money playing the lotto.  I'd be willing to bet a decent chunk of change that he's behind overall, though.

         

        "You're making is sound like the guy is con-artist with no evidence than people are paying him a buck for his picks."

         

        Yep.  I compared it to a scam, although you'll notice that I said it isn't actually a scam b/c he isn't lying to you outight, but it is a rip off.

         

        "Do you have any proof Price or anyone else selling picks is guaranteeing a win for a buck?"

         

        Nope, b/c I admit he doesn't lie and say that.  His service is still a rip off, though.

        "I don't actually know if he's overall won money playing the lotto."

        Price had two other pick-3 wins of $7500 and $8000 in 2010 and his next win was $8000 in May, 2011 so the only thing obvious is he plays multiple tickets on the same number.  We don't know how much he spent to win that $23,500 or how much he spent to win seven other prizes between $1000 and $7000, but it's an excellent guess to say because he has his picture several times on KY website, he decided to sell "his picks" for a buck. The only other incite we have are the picks he sells which is four 3 digit numbers plus two bonus 3 digit numbers. 

        "Nope, b/c I admit he doesn't lie and say that.  His service is still a rip off, though."

        A real rip off is posting 50 three digit numbers "good for all states for the entire year" knowing any one day box win won't cover the cost of play. We have some members who congratulate them for picking a box winner in their state. I've always wondered if that's done to entice some members to inquire by PM and then charge them a fee for "special picks".

        It's true that Price is using his prize winning fame to sell his picks, but how long he can continue selling them depends on if his picks continue to win. This topic isn't about potential lottery scams, real or imagined, but asking if anyone can make an income from just lottery winnings. There is no evidence Peter St. Pierre is selling picks, but he does have a considerable amount of lottery winnings. Without any evidence of what he spends, we can only speculate or state the obvious; it's possible he is making an income. 

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          Posted: April 28, 2013, 2:57 pm - IP Logged

          Ronnie316 says, "Jammy gets high on believing everyone else is stupid. (among other things)"

          If this were true I wouldn't be wasting my time trying to expose those who actually do believe this.

          Stack47 says,"You're wrong as usual because people are voluntarily buying picks and playing the numbers in their state lottery. It's no different than when a clerks ask 'do you want a PB or MM ticket'; not one clerk has pointed a gun to my head and said 'buy it or else'."

          When you pay a lottery clerk $1, you receive a ticket, a chance to win.  When Ronnie316 sent Keith Price $1 on 4/24/13, he would have been better off using his $1 to buy a ticket.

          Stack47 really should spend some quality time in the library with Mr. Epstein's book.  Monsieur Laplace, in spirit, would look over his shoulder and smile.

          "When Ronnie316 sent Keith Price $1 on 4/24/13, he would have been better off using his $1 to buy a ticket."

          If you believe $1 is a large amount of money, ask your dad or mom to increase your allowance.

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            Kentucky
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            Posted: April 28, 2013, 3:04 pm - IP Logged

            Stack47 really should spend some quality time in the library with Mr. Epstein's book.  Monsieur Laplace, in spirit, would look over his shoulder and smile.

            If he were to take this advice, he might stop making a fool of himself here.  I've never noticed him mention what he does, or did, for a living.  At least he is not embarrassing others in that line of work.

            If you're going to quote Laplace, quote his formula for the probability of the next outcome being a success based on previous outcomes. If Laplace believed past outcomes have no effect on future outcomes, why bother calculating the probability?


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              Posted: April 28, 2013, 3:38 pm - IP Logged

              If you're going to quote Laplace, quote his formula for the probability of the next outcome being a success based on previous outcomes. If Laplace believed past outcomes have no effect on future outcomes, why bother calculating the probability?

              Stack47,

              Hurrah!  You finally read beyond the first paragraph!

              I wondered how long it would take you to discover Laplace's demon...

              "We may regard the present state of the universe as the effect of its past and the cause of its future. An intellect which at a certain moment would know all forces that set nature in motion, and all positions of all items of which nature is composed, if this intellect were also vast enough to submit these data to analysis, it would embrace in a single formula the movements of the greatest bodies of the universe and those of the tiniest atom; for such an intellect nothing would be uncertain and the future just like the past would be present before its eyes."

              http://en.wikipedia.org/wiki/Pierre-Simon_Laplace#Laplace.27s_demon

              Sorry Stack47, nice try, but no cigar.  M. Laplace did not provide us with a formula.  Your unshakable belief in the Gambler's Fallacy won't even allow you to tune in to his philosophical musings without entering its trap yet again.  Who is your top candidate for Laplace's intellect, you, or Ronnie316?

              You really should skip Laplace for now and spend some time with Epstein...  Really...

              --Jimmy4164

              p.s.  You could save considerable face if you would just "walk away."

                Boney526's avatar - NjlpLogo
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                Posted: April 28, 2013, 4:21 pm - IP Logged

                "I don't actually know if he's overall won money playing the lotto."

                Price had two other pick-3 wins of $7500 and $8000 in 2010 and his next win was $8000 in May, 2011 so the only thing obvious is he plays multiple tickets on the same number.  We don't know how much he spent to win that $23,500 or how much he spent to win seven other prizes between $1000 and $7000, but it's an excellent guess to say because he has his picture several times on KY website, he decided to sell "his picks" for a buck. The only other incite we have are the picks he sells which is four 3 digit numbers plus two bonus 3 digit numbers. 

                "Nope, b/c I admit he doesn't lie and say that.  His service is still a rip off, though."

                A real rip off is posting 50 three digit numbers "good for all states for the entire year" knowing any one day box win won't cover the cost of play. We have some members who congratulate them for picking a box winner in their state. I've always wondered if that's done to entice some members to inquire by PM and then charge them a fee for "special picks".

                It's true that Price is using his prize winning fame to sell his picks, but how long he can continue selling them depends on if his picks continue to win. This topic isn't about potential lottery scams, real or imagined, but asking if anyone can make an income from just lottery winnings. There is no evidence Peter St. Pierre is selling picks, but he does have a considerable amount of lottery winnings. Without any evidence of what he spends, we can only speculate or state the obvious; it's possible he is making an income. 

                "A real rip off is posting 50 three digit numbers "good for all states for the entire year" knowing any one day box win won't cover the cost of play."

                 

                It's not a rip off because of the quantity of picks, it's a rip off because his picks are just as likely or unlikely to win as anyone elses.  It's a rip off because it is a useless service.

                 

                "Without any evidence of what he spends, we can only speculate or state the obvious; it's possible he is making an income. "

                 

                You can literally say that for anything that there is missing information for.  That anything is possible.  But the truth is that without info about his expenditures, you can only estimate and assume that he is far more likely to be behind than ahead.  And even if so far he IS ahead, that doesn't mean he can make consistent income from playing the lottery.


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                  Posted: April 28, 2013, 4:39 pm - IP Logged

                  "A real rip off is posting 50 three digit numbers "good for all states for the entire year" knowing any one day box win won't cover the cost of play."

                   

                  It's not a rip off because of the quantity of picks, it's a rip off because his picks are just as likely or unlikely to win as anyone elses.  It's a rip off because it is a useless service.

                   

                  "Without any evidence of what he spends, we can only speculate or state the obvious; it's possible he is making an income. "

                   

                  You can literally say that for anything that there is missing information for.  That anything is possible.  But the truth is that without info about his expenditures, you can only estimate and assume that he is far more likely to be behind than ahead.  And even if so far he IS ahead, that doesn't mean he can make consistent income from playing the lottery.

                  You can literally say that for anything that there is missing information for.  That anything is possible.  But the truth is that without info about his expenditures, you can only estimate and assume that he is far more likely to be behind than ahead.  And even if so far he IS ahead, that doesn't mean he can make consistent income from playing the lottery.

                   

                  Wow, so you're telling me Peter has been wasting hundreds of thousands of dollars since 2008 just to massage his own ego from people seeing his wins on the NH lottery website?

                  I can only Imagine that if someone who did this has to be a millionaire who has nothing better to do with his time. If I was rich I'd have better things to do with my money, especially when I wouldn't be benefitting anythng out of that.

                  Hey, i have a good idea, within the next 5 years, i'm going to throw few hundred thousand bucks away cause I'm bored and just want to mess with people's heads.

                  That sounds legit.  Crazy


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                    Posted: April 28, 2013, 5:04 pm - IP Logged

                    Ronnie316 says, "Jammy gets high on believing everyone else is stupid. (among other things)"

                    If this were true I wouldn't be wasting my time trying to expose those who actually do believe this.

                    Stack47 says,"You're wrong as usual because people are voluntarily buying picks and playing the numbers in their state lottery. It's no different than when a clerks ask 'do you want a PB or MM ticket'; not one clerk has pointed a gun to my head and said 'buy it or else'."

                    When you pay a lottery clerk $1, you receive a ticket, a chance to win.  When Ronnie316 sent Keith Price $1 on 4/24/13, he would have been better off using his $1 to buy a ticket.

                    Stack47 really should spend some quality time in the library with Mr. Epstein's book.  Monsieur Laplace, in spirit, would look over his shoulder and smile.

                    When you pay a lottery clerk $1, you receive a ticket, a chance to win.  When  Ronnie316 sent Keith Price $1 on 4/24/13, he would have been better off using his $1 to buy a ticket.

                    From a completely asinine perspective this would be 100% true, but in the practical world where people live and breathe and function........ My spending was not limited to one or the other.

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                      Posted: April 28, 2013, 6:18 pm - IP Logged

                      "A real rip off is posting 50 three digit numbers "good for all states for the entire year" knowing any one day box win won't cover the cost of play."

                       

                      It's not a rip off because of the quantity of picks, it's a rip off because his picks are just as likely or unlikely to win as anyone elses.  It's a rip off because it is a useless service.

                       

                      "Without any evidence of what he spends, we can only speculate or state the obvious; it's possible he is making an income. "

                       

                      You can literally say that for anything that there is missing information for.  That anything is possible.  But the truth is that without info about his expenditures, you can only estimate and assume that he is far more likely to be behind than ahead.  And even if so far he IS ahead, that doesn't mean he can make consistent income from playing the lottery.

                      "But the truth is that without info about his expenditures, you can only estimate and assume that he is far more likely to be behind than ahead."

                      With no info on expenditures, there is nothing to estimate or assume. There are only two possibilities, only one is correct, and you can guess all day and only have a 50% chance of being correct. The truth is only St. Pierre and his accountant know and you're debating two assumptions. 

                      "And even if so far he IS ahead, that doesn't mean he can make consistent income from playing the lottery."

                      We do have information about him winning various amounts between $2000 and $25,000 so we can assume not all his bets were in equal amounts or the majority of his bets didn't win the maximum. If he's ahead, he is making an income from the lottery and with the same type of future wins he will continue making an income. Even if his name never again appears on the winners list, we can't blindly assume anything because there are several reasons.

                      I'm saying it's possible St. Pierre is making an income from lottery winnings based on his winnings record and you're saying it's possible he isn't based on no information.

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                        Posted: April 28, 2013, 7:11 pm - IP Logged

                        Stack47,

                        Hurrah!  You finally read beyond the first paragraph!

                        I wondered how long it would take you to discover Laplace's demon...

                        "We may regard the present state of the universe as the effect of its past and the cause of its future. An intellect which at a certain moment would know all forces that set nature in motion, and all positions of all items of which nature is composed, if this intellect were also vast enough to submit these data to analysis, it would embrace in a single formula the movements of the greatest bodies of the universe and those of the tiniest atom; for such an intellect nothing would be uncertain and the future just like the past would be present before its eyes."

                        http://en.wikipedia.org/wiki/Pierre-Simon_Laplace#Laplace.27s_demon

                        Sorry Stack47, nice try, but no cigar.  M. Laplace did not provide us with a formula.  Your unshakable belief in the Gambler's Fallacy won't even allow you to tune in to his philosophical musings without entering its trap yet again.  Who is your top candidate for Laplace's intellect, you, or Ronnie316?

                        You really should skip Laplace for now and spend some time with Epstein...  Really...

                        --Jimmy4164

                        p.s.  You could save considerable face if you would just "walk away."

                        "M. Laplace did not provide us with a formula."

                        I can only offer a formula attributed to Laplace from a link you gave. The fact it contradicts your statement suggests you either didn't read the entire article or have poor reading comprehension. 

                        He determined the probability where the number of successes plus 1 are divided by the number test trials plus 2. Ronnie had 5 successes in his 39 drawing trial so according to Laplace, the probability of Ronnie having success in the next drawing is 14.6%.

                        "You really should skip Laplace for now and spend some time with Epstein."

                        It looks like you jilted Catlin for Laplace, now jilting Laplace, and Epstein is the new love of your life mathematician.

                        I already know to make a 10% profit a pick-3 player must win $550 for every $500 they wager. Does Epstein offer any new information disputing what I already know or show proof it's impossible to make a 10% profit?

                        "You could save considerable face if you would just "walk away.""

                        Catlin, Laplace, and Epstein would all say it's more likely you'll be run out of town long before I walk away.

                          Boney526's avatar - NjlpLogo
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                          Posted: April 28, 2013, 9:13 pm - IP Logged

                          "But the truth is that without info about his expenditures, you can only estimate and assume that he is far more likely to be behind than ahead."

                          With no info on expenditures, there is nothing to estimate or assume. There are only two possibilities, only one is correct, and you can guess all day and only have a 50% chance of being correct. The truth is only St. Pierre and his accountant know and you're debating two assumptions. 

                          "And even if so far he IS ahead, that doesn't mean he can make consistent income from playing the lottery."

                          We do have information about him winning various amounts between $2000 and $25,000 so we can assume not all his bets were in equal amounts or the majority of his bets didn't win the maximum. If he's ahead, he is making an income from the lottery and with the same type of future wins he will continue making an income. Even if his name never again appears on the winners list, we can't blindly assume anything because there are several reasons.

                          I'm saying it's possible St. Pierre is making an income from lottery winnings based on his winnings record and you're saying it's possible he isn't based on no information.

                          Wow.  I don't know what to say.  Everything you said is so false that I can't even begin to respond.

                           

                          Just because there are two possible events, him being ahead or behind, that does not mean it's a 50/50 chance.  As an analogy, if you flip a coin twice you can have either 2 heads, 2 tails or 1 of each.  That doesn't mean that of the three options the odds of each occuring are 1/3, in fact, they are 1/4, 1/4 and 1/2.

                           

                          And I never said "it's not possible" I'm saying that "it's not probable."  Those are completely different things.  It's not PROBABLE, and the flaw in your logic is that there is no information.  That's absolutely not true, the info we do have is that he was playing games with a house advantage.  Therefore, he is more likely to lose than win.  And with such a large edge, he is far, far, far more likely to be behind than ahead.

                           

                          But I'll proabably refrain from posting again for a while, as I know you'll just misrespresent my words again and again trying to "debate" me.


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                            Posted: April 28, 2013, 9:22 pm - IP Logged

                            Wow.  I don't know what to say.  Everything you said is so false that I can't even begin to respond.

                             

                            Just because there are two possible events, him being ahead or behind, that does not mean it's a 50/50 chance.  As an analogy, if you flip a coin twice you can have either 2 heads, 2 tails or 1 of each.  That doesn't mean that of the three options the odds of each occuring are 1/3, in fact, they are 1/4, 1/4 and 1/2.

                             

                            And I never said "it's not possible" I'm saying that "it's not probable."  Those are completely different things.  It's not PROBABLE, and the flaw in your logic is that there is no information.  That's absolutely not true, the info we do have is that he was playing games with a house advantage.  Therefore, he is more likely to lose than win.  And with such a large edge, he is far, far, far more likely to be behind than ahead.

                             

                            But I'll proabably refrain from posting again for a while, as I know you'll just misrespresent my words again and again trying to "debate" me.

                            You avoid answering the hard questions. Again, how is Peter benefitting financially, If not from a system?

                            Still waiting, not just you, anyone is welcome to throw in their logic.

                            Thanks.

                              Boney526's avatar - NjlpLogo
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                              Posted: April 28, 2013, 10:23 pm - IP Logged

                              You avoid answering the hard questions. Again, how is Peter benefitting financially, If not from a system?

                              Still waiting, not just you, anyone is welcome to throw in their logic.

                              Thanks.

                              I said I think I mis-spoke.  I was referring to the guy who is selling his "picks."

                                 
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