return for investment

Reply #8

me-thinker — Mon, 01 Oct 2012 15:12:00 GMT

well if U want to play a 26#'s for a good chance U will have to play 40,844 tickets in a 3even 3odd combinations.

If all 7#'s wil be in those 26#'s You play Your chance is 1in 2.

About 13,000 wins in a 3, 4, and 5#'s and 5+bonus. And possible 6#'s !

Just play and check with last 6/49 result.Do make shure U include those 7 #'s in the 26#'s !!!

Have fun

Reply #7

Gwoof — Mon, 01 Oct 2012 12:54:39 GMT

I'm trying to find the best way to wheel. If you could guarrantee 95% of the time 4+ of the 6 #'s in a 6/49 game, for a pool of 20 to 26 #'s what would be the lowest percentage of coverage one should try to achieve looking at a 4 if 5 for a minimum number of tickets or should you look at 4 if 6 . I am using Covermaster.I know the odds of making a profit on the lottery are against you, but it's fun trying. That's why I'm trying to figure the best way to wheel on the remote chance I might get LUCK... [ More ]

Reply #6

jamella724 — Mon, 24 Sep 2012 12:39:16 GMT

I believe its worth to try our luck on lottery than not trying at all and spends thousands of money on vices... But this is my own idea...

Reply #5

Gwoof — Thu, 20 Sep 2012 16:33:39 GMT

If you average 3.95 hits over the history of the draw, would it be wise to step one up and use a 4 if 5 or 4 if 6 wheel for that large of a pool.

Reply #4

aquariuslottery — Thu, 20 Sep 2012 04:51:34 GMT

The way you (and most others) describe 6/49 wheels is not precise. Every wheel is defined by 4 parameters:

Win guarantee (W) - minimum guaranteed win, from 3 to 6;

Numbers that have to match (S for score) - the numbers actually drawn;

Numbers in the pool (N) - numbers distributed in the wheel.

Tickets (T) - the number of tickets (or lines) you have to play.

This is how I interpret these parameters: if I hit S numbers from the pool of N numbers playing T number of tickets I am GUAR... [ More ]

Reply #3

RJOh — Wed, 19 Sep 2012 14:36:32 GMT

Check the play slips or the game website. The payouts are usually 5% or less of the odds of winning. If you would normally spent a $1000 to get a certain win then the payout for it would be $50. You have to beat the odds by quite a bit to show a profit. Lotteries are for entertainment not for investments.

Reply #2

Gwoof — Wed, 19 Sep 2012 13:59:15 GMT

So in other words it doesn't matter if one plays 3if3, 3if4 etc. even if you could predict 4 or 5 of the 6 numbers the return would be less than the payout unless you can cut back on the quantity of tickets purchased

Reply #1

SergeM — Tue, 18 Sep 2012 17:42:41 GMT

Results vary from 0 to 6 of 6. The wheel is as good as the prediction.

The denser and smaller the wheel, the bigger the chance on a high payout.

The bigger the wheel, the bigger the chance of no payout.

If you win a million and spent 1.5 millions, then you loose.

return for investment

Gwoof — Tue, 18 Sep 2012 17:20:11 GMT

On a 6/49 game if one could almost guarantee 4 or 5 with the occational 6 of the 7 numbers picked in a 26 number pool, almost every draw. What would be the best way to play them to get the best return. Should one play a 3 if 3, 3 if 4, or 4 if 5 etc. Wheeling seems to be the hardest part of playing the lottery.

It would be interesting to know where the break even point would be if one could pick that many numbers in a 6/49 game. How many tickets would one have to purchase.