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Systems Do Work...

Topic closed. 24 replies. Last post 3 years ago by Lucky Loser.

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Kentucky
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Posted: June 10, 2014, 12:51 am - IP Logged

Vey es mir, once again our resident Mr. Assumes Everything posts.

No one said poker players are betting against the casino. they bet against each other, the casino rakes the pot. In some casinos the poker room is actually a private concession that uses casino employees to run it.

"The gambling industry as a whole, all types of wagering, considers there's only two things that can be beat, and they are poker and sports betting."

The topic is "Systems Do Work" and maybe I'm just making a wild guess here, but since this is a "lottery discussion" forum, the "systems" in question are lottery systems. Do Steve Wynn, Gary Loveman, and James Murren consider you their spokesman for the "gambling industry as a whole"?

Will you go further off topic by spinning an amusing story about Kirk Kerkorian or Howard Hughes?

"No one said poker players are betting against the casino. they bet against each other, the casino rakes the pot."

Why would the "gambling industry as a whole" say that poker "can be beat" when casinos are just either raking pots in ring games or taking a percentage of tourney entry fees?

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    Kentucky
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    Posted: June 10, 2014, 1:12 am - IP Logged

    Even if all the LP members contributed a buck to a LP PB pool, we would get a not very good 0.04% chance of winning the jackpot, but we should get a few $100 winners.

    I've watched the prediction board over the years where every member can contribute at least ten predictions for every game played in the US and I've never seen anyone match all the numbers in a jackpot game with jackpots exceeding $5M.  There have been some 5of5 matches but those games jackpots seldom exceed $1M.  There have been a few predictions that came within one or two numbers of matching all the winning numbers in a big game and I suspect that's the best a real LP pool would ever do.

    Somebody wanted the PB and MM rules changed so states with smaller populations and lower ticket sales could get better chances of winning the jackpot and the the 5 + 0 matches. If there was a 155,000 ticket LP MM pool, it would exceed the money bet in 22 states the last drawing.

    When the MM and PB challenges were 12 + 4, I wondered what would happen if somebody predicted 5 + 1 in that, but didn't play it.

      RJOh's avatar - chipmunk
      mid-Ohio
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      Posted: June 11, 2014, 1:35 am - IP Logged

      Somebody wanted the PB and MM rules changed so states with smaller populations and lower ticket sales could get better chances of winning the jackpot and the the 5 + 0 matches. If there was a 155,000 ticket LP MM pool, it would exceed the money bet in 22 states the last drawing.

      When the MM and PB challenges were 12 + 4, I wondered what would happen if somebody predicted 5 + 1 in that, but didn't play it.

      That someone was a bonehead if he thought players in areas that sold the most tickets should be penalized with higher odds.  It's not the states or areas that win the jackpots but individual players and all players have he same chance of winning regardless of where they buy their tickets.

      When the MM and PB challenges were 12+4, the number of combinations covered were 3168.  Even if someone had all 5+1 winning numbers, it unlikely they would have played even 25% of those combinations.

       * you don't need to buy more tickets, just buy a winning ticket * 
         
                   Evil Looking       

        veganlife125's avatar - Lottery-061.jpg

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        Posted: June 11, 2014, 9:38 pm - IP Logged

        Yeah grwurston, I thought about that.

        "My numbers" and "I can't stop playing them now", etc....

        Cards, dice roulette balls, and lotteries have 'eyes, ears, and no heart".

        They see what you bet, hear what you bet, and are heartless about making sure those bets don't win.

        Coin Toss in Vegas its the Old Geezers playing the slots that have "eyes, ears, and no heart".  They won't tip the waitresses a dollar for a drink but will put a hundred in a machine real quick the cheap skates haha.  so tip her everytime she brings a drink CT and friends.  Its the best bet in Vegas.  If you don't believe me just ask Tiger Woods he will tell you its true!  LOL

        Don't forget to visit the Lottery Post Gift Shop!

          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
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          Posted: June 11, 2014, 11:59 pm - IP Logged

          veganlife125,

          What you say is true but the saying came from inside the pits.

          As for the tipping, it's not just geezers........a group of stiffs is known as a Minnesota junket.

          Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

          Lep

          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.

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            Kentucky
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            Posted: June 12, 2014, 12:37 am - IP Logged

            That someone was a bonehead if he thought players in areas that sold the most tickets should be penalized with higher odds.  It's not the states or areas that win the jackpots but individual players and all players have he same chance of winning regardless of where they buy their tickets.

            When the MM and PB challenges were 12+4, the number of combinations covered were 3168.  Even if someone had all 5+1 winning numbers, it unlikely they would have played even 25% of those combinations.

            A 12 line 3 if 4 wheel using all 12 numbers five times each wouldn't be enough coverage to expect a 5 + 1 win or a 5 + 0 win, but with 25 winning numbers on 12 lines out of 60, at least three 3 number matches, and and the bonus number on 3 lines, it would be a nice payday.

              noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
              Bay Area - California
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              Posted: June 12, 2014, 12:44 am - IP Logged

              If someone used their birthday, the children's birthdays, anniversary etc- would that be classified as a system if they won either the PB or MM?

              if so, what of all those other folks who have been using birthdays, anniversaries etc etc for years and have nothing to show for it- does it mean their " system" is broken?

              Argue


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                Posted: June 12, 2014, 1:34 am - IP Logged

                If someone used their birthday, the children's birthdays, anniversary etc- would that be classified as a system if they won either the PB or MM?

                if so, what of all those other folks who have been using birthdays, anniversaries etc etc for years and have nothing to show for it- does it mean their " system" is broken?

                Argue

                Now you're asking the right questions!

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                  Kentucky
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                  Posted: June 12, 2014, 2:55 pm - IP Logged

                  If someone used their birthday, the children's birthdays, anniversary etc- would that be classified as a system if they won either the PB or MM?

                  if so, what of all those other folks who have been using birthdays, anniversaries etc etc for years and have nothing to show for it- does it mean their " system" is broken?

                  Argue

                  That's an interesting question and probably depends on lottery terminology and the definition of a "system". Dates are fixed numbers and system play usually results in playing different numbers in every drawing. If two players were using the same system, IE both using fixed birthday and anniversary dates, both would not win the same jackpot unless they were both using the same dates.

                  If a MM system was to add "1" to each of the last five numbers drawn and subtract 1 from the last bonus number, anyone using that system would share the jackpot if that system was successful. Paying today's date (612) in the pick-3 is an example of when several players can use the same fixed number.

                  "if so, what of all those other folks who have been using birthdays, anniversaries etc etc for years and have nothing to show for it- does it mean their " system" is broken?"

                  If the average life span is 80 years, the average lottery player should expect to see 29,200 pick-5 (5/39) outcomes in their lifetime which is only 5% of the possible outcomes. IMO, a system proves to be a bust when the cost of play exceeds the win potential. At $5 a drawing, PB and MM players will spend $41,600 in 80 years and less than 5% of winnings for matching 5 + 0. Playing fixed dates has produced several $1 million plus jackpots so that system already proved to be a success.

                    Lucky Loser's avatar - bucks
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                    Posted: June 12, 2014, 3:58 pm - IP Logged

                    That's an interesting question and probably depends on lottery terminology and the definition of a "system". Dates are fixed numbers and system play usually results in playing different numbers in every drawing. If two players were using the same system, IE both using fixed birthday and anniversary dates, both would not win the same jackpot unless they were both using the same dates.

                    If a MM system was to add "1" to each of the last five numbers drawn and subtract 1 from the last bonus number, anyone using that system would share the jackpot if that system was successful. Paying today's date (612) in the pick-3 is an example of when several players can use the same fixed number.

                    "if so, what of all those other folks who have been using birthdays, anniversaries etc etc for years and have nothing to show for it- does it mean their " system" is broken?"

                    If the average life span is 80 years, the average lottery player should expect to see 29,200 pick-5 (5/39) outcomes in their lifetime which is only 5% of the possible outcomes. IMO, a system proves to be a bust when the cost of play exceeds the win potential. At $5 a drawing, PB and MM players will spend $41,600 in 80 years and less than 5% of winnings for matching 5 + 0. Playing fixed dates has produced several $1 million plus jackpots so that system already proved to be a success.

                    Playing fixed dates has produced several $1 million plus jackpots so that system already proved to be a success.

                     

                    It certainly has and the winners of those jackpots were faithful to their cause and didn't skip the so-called low jackpots just to 'try' and win 'more' money. The mindset was simply to stick with their sentimental numbers until/if they hit. The key was their 'consistency and faithfulness with playing. Had any of those players decided to 'skip' draws due to it not being enough money involved, to win, there's a 99% chance they wouldn't be sittin' pretty today. The most dramatic proof of this is the lady from Virginia, Virginia Fike, that won a couple of years ago. She had been playing all her numbers for the longest...and consistently when she could afford to. The one day she was in a rush and felt she wouldn't have time to play her numbers turned out to be her day.

                    She made time, and, made a b-line to the store and got those numbers played in the nick of time. But, she 'accidentally' played those numbers twice. Her reward was that her numbers hit twice!! I'll bet it was plenty enough for her. She was at the hospital with her mom when she saw that 'two' people from Virginia had won.

                     

                    Then, there's the lady from Sisterville that almost didn't play...but did and hit for $2M!! To think that these people nearly didn't play and could've lost due to 'HONEST' reasons while others refuse to play simply because it ain't enuff dead presidents involved to win is beyond me. As hard as it is to win such a jackpot...they purposely skip a few. This... not knowing if they would've actually won a lower prize at some point PRIOR...whether QP's or regular numbers. I'm intrigued by this train of thought.

                     

                    L.L.

                    Small games, frequent wins, and regular payouts 'cause.....

                    There are seven days in the week...'Someday' isn't one of them.

                    #lotto-4-a-living