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Why does placing a large number of bets not guarantee the big prize of a lottery?Prev TopicNext Topic
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Quote: Originally posted by jackpotismine on Jun 22, 2021
Placing a large number of bets only increase your odds of winning. Depending on how you play, you are more likely to win
something. What strategy you use is also important. Using 'wheels' is a good start.
Thats a good point JPIM.
However would you not agree that his first obstacle to winning is his inablity to define what a "large number of bets" is?
For me a "large bet" is 10 lines. I routinely play 1 line for a multi draw of 7 days. = $7
An exorbitant bet for me is 40 lines. (I have only gone to this extreme perhaps twice, the most recent time being about say 8 years ago.)
A bet of 40 lines in Mega Game is 40x$2= 80 bucks. More than I would l generally like to risk in one week.
I would rather fill my freezer with grass feed rib eye steak. Lasts much longer.
For a 33rd degree initiated mason like Shaq a large bet is conservatively 40,000 lines. In mega is 80 thousand dollars.
But i have somewhat turned a chance of game into a chance of skill. After all I use...
*Probability Math?..Mathematical trajectory as to when and where that win IS, as measured by CURRENT state of conditions...
Define your bet.
Define your risk.
Define your nexus.
Have you entered the place where the snow is stored? Or have you seen the storehouses of hail, Which I hold in reserve for times of trouble, for the day of battle and war? JOB 38:22 HCSB
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700 light yrs West of Milky Way Galaxy's Center
United States
Member #200,642
September 1, 2019
4,220 Posts
OfflineQuote: Originally posted by JeetKuneDoLotto on Jun 23, 2021
Thats a good point JPIM.
However would you not agree that his first obstacle to winning is his inablity to define what a "large number of bets" is?
For me a "large bet" is 10 lines. I routinely play 1 line for a multi draw of 7 days. = $7
An exorbitant bet for me is 40 lines. (I have only gone to this extreme perhaps twice, the most recent time being about say 8 years ago.)
A bet of 40 lines in Mega Game is 40x$2= 80 bucks. More than I would l generally like to risk in one week.
I would rather fill my freezer with grass feed rib eye steak. Lasts much longer.
For a 33rd degree initiated mason like Shaq a large bet is conservatively 40,000 lines. In mega is 80 thousand dollars.
But i have somewhat turned a chance of game into a chance of skill. After all I use...
*Probability Math?..Mathematical trajectory as to when and where that win IS, as measured by CURRENT state of conditions...
Define your bet.
Define your risk.
Define your nexus.
....I Saw that...!!!
...MATH... The final Stochastic frontier...
These are the Lottery Voyages of Stat$talker..!!
The ongoing Mission,..to seek out the Laws of "Probability Math"...
to master its rules to invoke...to Conquer ALL Major Jackpots..!!
...To boldly go,... Where NO Player has gone before...!!
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Only a full wheel playing all the numbers can guarantee a jackpot.
A full wheel playing all the numbers will contain exactly the same combinations as there are in the game.
Conditional wheels will guarantee a jackpot with fewer combinations when and only when all its conditions are met.BobP
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If you bet pick 6 with around 18 numbers, and 5+1 of 6+1 are in it, the denser wheel will have the better payback ratio. Any error with a filter will lead to no or a small payback. That means that a good bet does better with more combinations bought. Richer poker players last longer.
With bad payouts in the lower ranks only the richer player will survive with good bets.
The same way, you will save money if you buy that flat instead of renting in. For that you already must have money.
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Once that you get anything like near to winning they will create a new game. If they want more money and you didn't win a nail they also will do that.
Let's create a game with factorial(10000) outcomes. Winner gets all!
perm(10000,10000)=28462596809170545189064132121198688901480514017027992307941799942744113400037644437729907867577847758158840621423175288300423399401535187390524211613827161748198241998275924182892597878981242531205946599625986706560161572036032397926328736717055741975962099479720346153698119897092611277500484198845410475544642442136573303076703628825803548967461117097369578603670191071512730587281041158640561281165385325968425825995584688146430425589836649317059251717204276597407446133400054194052462303436869154059404066227828248371512038322178644627183822923899638992827221879702459387693803094627332292570555459690027875282242544348021127559019169425429028916907219097083690539873747452483372899521802363282741217040268086769210451555840567172555372015852132829034279989818449313610640381489304499621599999359670892980190336998484404665419236258424947163178961192041233108268651071354516845540936033009607210346944377982349430780626069422302681885227592057029230843126188497606560742586279448827155956831533440534425446648416894580425709461673613187605234982286326452921529423479870603344290737158688499178932580691483168854251956006172372636323974420786924642956012306288720122652952964091508301336630982733806353972901506581822574295475894399765113865541208125788683704239208764484761569001264889271590706306409661628038784044485191643790807186112370622133415415065991843875961023926713276546986163657706626438638029848051952769536195259240930908614471907390768585755934786981720734372093104825475628567777694081564074962275254993384112809289637516990219870492405617531786346939798024619737079041868329931016554150742308393176878366923694849025999607729684293977427536263119825416681531891763234839190821000147178932184227805135181734921901146246875769835373441456013122615221391178759688367364087207937002992038279198038702372078039140312368997608152840306051116709484722224870389199993442071395836983063962232079115624044250808919914319837120445598344047556759489212101498152454543594285414390843564419984224855478532163624030098442855331829253154206551237079705816393460296247697010388742206441536626733715428700789122749340684336442889847100840641600093623935261248037975293343928764398316390312776450722479267851700826669598389526150759007349215197592659192708873202594066382118801988854748266048342256457705743973122259700671936061763513579529821794290797705327283267501488024443528681645026165662837546519006171873442260438919298506071515390031106684727360135816706437861756757439184376479658136100599638689552334648781746143243573224864326798481981458432703035895508420534788493364582482592033288089025782388233265770205248970937047210214248413342465268206806732314214483854074182139621846870108359582946965235632764870475718351616879235068366271743711915723361143070121120767608697851559721846485985918643641716850899625516820910793570231118518174775010804622585521314764897490660752877082897667514951009682329689732000622392888056658036140311285465929084078033974900664953205873164948093883816198658850827382468034897864757116679890423568018303504133875731972630897909435710687797301633918087868474943633533893373586906405848417828065196275826434429258058422212947649402948622670761832988229004072390403733168207417413251656688443079339447019208905620788387585342512820957359307018197708340163817638278562539516825426644614941044711579533262372815468794080423718587423026200264221822694188626212107297776657401018376182280136857586442185863011539843712299107010094061929413223202773193959467006713695377097897778118288242442920864816134179562017471831609687661043140497958198236445807368209404022211181530051433387076607063149616107771117448059552764348333385744040212757031851527298377435921878558552795591028664457917362007221858143309977294778923720717942857756271300923982397921957581197264742642878266682353915687857271620146192244266266708400765665625807109474398740110772811669918806268726626565583345665007890309050656074633078027158530817691223772813510584527326591626219647620571434880215630815259005343721141000303039242866457207328473481712034168186328968865048287367933398443971236735084527340196309427697652684170174990756947982757825835229994315633322107439131550124459005324702680312912392297979030417587823398622373535054642646913502503951009239286585108682088070662734733200354995720397086488066040929854607006339409885836349865466136727880748764700702458790118046518296111277090609016152022111461543158317669957060974618085359390400067892878548827850938637353703904049412684618991272871562655001270833039950257879931705431882752659225814948950746639976007316927310831735883056612614782997663188070063044632429112260691931278881566221591523270457695867512821990938942686601963904489718918597472925310322480210543841044325828472830584297804162405108110326914001900568784396341502696521048920272140232160234898588827371428695339681755106287470907473718188014223487248498558198439094651708364368994306189650243288353279667190184527620551085707626204244509623323204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Try this on your calculator.
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Quote: Originally posted by Stack47 on Jun 22, 2021
"guarantee the big prize"
Because most LP members have the option to play Mega Millions and Powerball, let's look at how many combination are necessary and how much it costs to "guarantee the big prize".
With 302 million and 292 million possible outcomes respectively, it might be logistically impossible to play even 10% of all the combination. And at a cost to play at around $600 million, after taxes you'll need to win the largest ($983.5 million) cash value jackpot just to break about even. Just to get a 50% chance of having the winning outcome, you'll still need logistically improbable 150 million tickets at two bucks a ticket.
Let's say the fix was in and you were guaranteed the number 1 will be drawn. You'll still need 21,612,525 tickets at a cost of $43,225,050 to guarantee winning the jackpot. If you were guaranteed the bonus number, the cost of winning is still $25,214,612. To put it in prospective, this past January when the MM jackpot was $865 million, $259,813,256 was wagered, almost 130 million tickets and nobody won that jackpot.
To answer your question "Why does placing a large number of bets not guarantee the big prize of a lottery?", it's because in every MM drawing there are 198,237,312 combinations that will not match a number or the bonus number.
"You'll still need 21,612,525 tickets at a cost of $43,225,050"
And then there's the practical side of it all...
If I already had $43.2 million I probably wouldn't be playing the lottery very much. But lets say I did have $43.2 million and decided to play, how long would it take me to correctly fill out 21.6 million bet slips, and who in the world would be willing to stand in front of a lottery terminal long enough to run them all? IMHO it's physically impossible for two people to do all of that because I doubt there are enough hours between drawings to accomplish both tasks.
Without some type of automated or computerized process to do it, it cant physically be done. A manual process would have to have an army of people involved to get it done, and for someone to coordinate a small army of people filling out of 21.6 million tickets to guarantee no line of numbers was duplicated is impossible. G5
Play Smart!
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To the OP. I won $120 on a Winning Pick 3 Number that I chose 3 times. I decided to go buy like 20 Lotto Tickets with EZ Match, Double Play, and Multiplier. $4 a ticket for $80. I remembered thinking,"There is no way I'm going to lose with 20 $4 Lotto tickets. LMAO! :D I watched in Horror as NONE of the Lotto Tickets won. $80 waste on what should have been at LEAST one Guaranteed Winner! :( :/
"What's your ADDRESS?" May be the CREEPIEST question EVER asked to a Lottery Winner! O.O WTF?
At first, I found the one digit away draws kind of amusing, but now I am PISSED! 15 or 16 times I was off by just one digit in recent times!🤬 No longer find this amusing, it's making me REALLY angry now!🤬
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It's not that hard. The lottery, depending on which one, has odds of winning. If you're dealing with a lottery of about let's say 23 million to 1 here in Florida, you'd need some inside information to win the JP.
As far as spending a bunch of money, you'll never come close to cover the cost....lol
At some point, the cost versus profit issue would arise eventually...lol
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Quote: Originally posted by Speler on Jun 24, 2021
Once that you get anything like near to winning they will create a new game. If they want more money and you didn't win a nail they also will do that.
Let's create a game with factorial(10000) outcomes. Winner gets all!
perm(10000,10000)=28462596809170545189064132121198688901480514017027992307941799942744113400037644437729907867577847758158840621423175288300423399401535187390524211613827161748198241998275924182892597878981242531205946599625986706560161572036032397926328736717055741975962099479720346153698119897092611277500484198845410475544642442136573303076703628825803548967461117097369578603670191071512730587281041158640561281165385325968425825995584688146430425589836649317059251717204276597407446133400054194052462303436869154059404066227828248371512038322178644627183822923899638992827221879702459387693803094627332292570555459690027875282242544348021127559019169425429028916907219097083690539873747452483372899521802363282741217040268086769210451555840567172555372015852132829034279989818449313610640381489304499621599999359670892980190336998484404665419236258424947163178961192041233108268651071354516845540936033009607210346944377982349430780626069422302681885227592057029230843126188497606560742586279448827155956831533440534425446648416894580425709461673613187605234982286326452921529423479870603344290737158688499178932580691483168854251956006172372636323974420786924642956012306288720122652952964091508301336630982733806353972901506581822574295475894399765113865541208125788683704239208764484761569001264889271590706306409661628038784044485191643790807186112370622133415415065991843875961023926713276546986163657706626438638029848051952769536195259240930908614471907390768585755934786981720734372093104825475628567777694081564074962275254993384112809289637516990219870492405617531786346939798024619737079041868329931016554150742308393176878366923694849025999607729684293977427536263119825416681531891763234839190821000147178932184227805135181734921901146246875769835373441456013122615221391178759688367364087207937002992038279198038702372078039140312368997608152840306051116709484722224870389199993442071395836983063962232079115624044250808919914319837120445598344047556759489212101498152454543594285414390843564419984224855478532163624030098442855331829253154206551237079705816393460296247697010388742206441536626733715428700789122749340684336442889847100840641600093623935261248037975293343928764398316390312776450722479267851700826669598389526150759007349215197592659192708873202594066382118801988854748266048342256457705743973122259700671936061763513579529821794290797705327283267501488024443528681645026165662837546519006171873442260438919298506071515390031106684727360135816706437861756757439184376479658136100599638689552334648781746143243573224864326798481981458432703035895508420534788493364582482592033288089025782388233265770205248970937047210214248413342465268206806732314214483854074182139621846870108359582946965235632764870475718351616879235068366271743711915723361143070121120767608697851559721846485985918643641716850899625516820910793570231118518174775010804622585521314764897490660752877082897667514951009682329689732000622392888056658036140311285465929084078033974900664953205873164948093883816198658850827382468034897864757116679890423568018303504133875731972630897909435710687797301633918087868474943633533893373586906405848417828065196275826434429258058422212947649402948622670761832988229004072390403733168207417413251656688443079339447019208905620788387585342512820957359307018197708340163817638278562539516825426644614941044711579533262372815468794080423718587423026200264221822694188626212107297776657401018376182280136857586442185863011539843712299107010094061929413223202773193959467006713695377097897778118288242442920864816134179562017471831609687661043140497958198236445807368209404022211181530051433387076607063149616107771117448059552764348333385744040212757031851527298377435921878558552795591028664457917362007221858143309977294778923720717942857756271300923982397921957581197264742642878266682353915687857271620146192244266266708400765665625807109474398740110772811669918806268726626565583345665007890309050656074633078027158530817691223772813510584527326591626219647620571434880215630815259005343721141000303039242866457207328473481712034168186328968865048287367933398443971236735084527340196309427697652684170174990756947982757825835229994315633322107439131550124459005324702680312912392297979030417587823398622373535054642646913502503951009239286585108682088070662734733200354995720397086488066040929854607006339409885836349865466136727880748764700702458790118046518296111277090609016152022111461543158317669957060974618085359390400067892878548827850938637353703904049412684618991272871562655001270833039950257879931705431882752659225814948950746639976007316927310831735883056612614782997663188070063044632429112260691931278881566221591523270457695867512821990938942686601963904489718918597472925310322480210543841044325828472830584297804162405108110326914001900568784396341502696521048920272140232160234898588827371428695339681755106287470907473718188014223487248498558198439094651708364368994306189650243288353279667190184527620551085707626204244509623323204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Try this on your calculator.
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700 light yrs West of Milky Way Galaxy's Center
United States
Member #200,642
September 1, 2019
4,220 Posts
OfflineQuote: Originally posted by Pick3master3838 on Jun 24, 2021
It's not that hard. The lottery, depending on which one, has odds of winning. If you're dealing with a lottery of about let's say 23 million to 1 here in Florida, you'd need some inside information to win the JP.
As far as spending a bunch of money, you'll never come close to cover the cost....lol
At some point, the cost versus profit issue would arise eventually...lol
..or something on the outside WITH insider information...!! Probability Math...!! a NaTuRaL detective...
...MATH... The final Stochastic frontier...
These are the Lottery Voyages of Stat$talker..!!
The ongoing Mission,..to seek out the Laws of "Probability Math"...
to master its rules to invoke...to Conquer ALL Major Jackpots..!!
...To boldly go,... Where NO Player has gone before...!!
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I'd rather put extra money on Cash3 or Play4 and actually have a chance to win. With jackpot games you only need one ticket---------if it's your turn to win you will win--------it's all luck.
Good Luck, Chris
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Quote: Originally posted by BobP on Jun 25, 2021
https://coolconversion.com/math/factorial/What-is-the-factorial-of_10000_%3F
BobP
I cannot post 20000! That is to big for lotterpost.
perm(20000,20000)
=1819206320230345134827641756866458766071609901478752 ... 0perm(50000,50000)
=3347320509597144836915476094071486477912 ... 0...
pi(25000)
=3.14159265358979323846264338 ...I cannot test or compare pi. At some moment the machine started to work better.
combin(1000,500)
=270288240945436569515614693625975275496152008446548287007392875106625428705522193898612483924502370165362606085021546104802209750050679917549894219699518475423665484263751733356162464079737887344364574161119497604571044985756287880514600994219426752366915856603136862602484428109296905863799821216320A small number.
I spent more than a month to develop the calculator and spread debugging and adding options over a year.
It can do big numbers and that was the goal of it for me, next to developing a calculator. I'm not a big mathematician and saw limits.
... How would you code limits? How would you bypass ... A lot of ideas undeveloped for my private calculator with a mini spreadsheet in it. Should I add canvas? I could, I could. ...root(2,2)
=1.4142135623730950488016887242096980785696718753769480731766797379907324784621070388503875343276415727
(rounded to 100 digits ...)I forgot math, it is not my horse, I did some of it.
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If I develop precision I do not get this:
root(2,2)^2
=1.99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999990096588757879550649304399312470016809150719937059752563434713223747479711196309939581844376132938529
Not rounded.The root could already be positive or negative. (...)
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Quote: Originally posted by chris632 on Jun 25, 2021
I'd rather put extra money on Cash3 or Play4 and actually have a chance to win. With jackpot games you only need one ticket---------if it's your turn to win you will win--------it's all luck.
Good Luck, Chris
"It's all luck"
I think it's mostly luck with some skill mixed in too. If a player is skilled enough to know what to look for in the numbers, then it becomes slightly easier to win. But even with knowing what to look for, and playing the numbers your skills tell you to play, you're still gonna need a healthy dose of of good luck. G5
Play Smart!
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Dumb luck! Dumb luck!