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Millionaire Raffle!
The Ohio Lottery is having a New Years raffle too.
Q. What is the New Year s Raffle?
A. New Year s Raffle is an exciting game with the best odds to win $1 million dollars!
Q. How many prizes are available?
A. The game will consist of the following prizes:
4- $1 million prizes (Odds 1 in 125,000) 2- $100,000 prizes (Odd 1 in 250,000) 500- $500 prizes (Odds 1 in 1,000) 5,500- $100 instant win coupons ( Odds 1 in 91)
Q. How much does each ticket cost?
A. Each ticket costs $2
Nov 24, 2008, 10:30 pm - Stack47 - Lottery Discussion Forum
I'll never win any Jackpot
I forgot to include the odds of matching nothing in the above post.
C(56,12) = 558383307300
MATCH COMBOS OF 12 FOR 5of56 NUMBERS ODDS
5 115775100 1 : 4823
4 3183815250 1 : 175
3 30423123500 1 : 18
2 127777118700 1 : 4
1 238130084850 1 : 2
0 158753389900 1 : 4
C(56,15) = 16253249498640
MATCH COMBOS OF 15 FOR 5of56 NUMBERS ODDS
5 12777711870 1 : 1272
4 238130084850 1 : 68
3 1587533899000 1 : 10
2 4762601697000 1 : 3
1 6463530874500 1 : 3
0 31886
Mar 29, 2008, 1:35 pm - RJOh - Jackpot Games Forum
Louisiana Derby - 3/8
Sat. 3/8
Louisiana Derby - 3 year olds; 1 1/16 M; Gr. 2; $600K
Fair Grounds, 9th Race
Another big Derby prep race...and another chance for racing fans to preview their choices for the Big Race in May. The one to beat in this race is # 3 Pyro (7/5). The bettors are most likely going to bet him down below that, so you have to hunt for value in this race if you're betting. It's a very competitive field (I have Pyro's fair odds at 4/1 with no other horse over 10/1 in the nine-horse
Mar 8, 2008, 9:58 am - Rick G - Gaming Forum
Look at this and calculate the Odds...
Here's an old page from my blog many years ago. Odds don't change but probability does.
November 26, 2004, 6:01 pm
Probability formula for independent events
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Mood:
Now Playing:
/ The Multiplication Rule for Independent Events
The Multiplication Rule for d>Independent Events states that if several events, A1, A2, ..., An, are independent, then P(A1 A2 ... An) = P(A1) * P(A2) * ... * P(An).
What does this mean? 50/50
Applied to coins
Feb 8, 2008, 4:34 pm - WIN D - Mathematics Forum
Race Of The Day - Belmont 9/13
Here's a handy little chart for newbies. It converts the odds of a horse to its corresponding percentage chance of winning. Sometimes it helps to think in terms of percentages that must fill a pie chart to equal 100%. Every horse gets a piece of the pie.
Using the chart, let's say you have a 12 horse field. The favorite is 2/1 (33%) and the second favorite is 3/1 (25%) for a combined total of 58%. That means the other ten horses in the field have a combined percentage chance to win of o
Sep 13, 2007, 2:15 pm - Rick G - Gaming Forum
A dollar and a dream true for PB and MM?
KY Floyd
I realize that you're incapable of ever learning how it all works, but I'm still puzzled that after we've told you about 50 times you still don't understand how thoroughly you have wrong. The bizarre geometric progressions you see in your confusion don't exist, and none of the people who have it right have ever said that it does.
I understand that boards have more lurkers than members and thatpeople read these threads thinking, these guys know how to cut the odds down , by wha
Sep 10, 2007, 11:57 am - Coin Toss - Jackpot Games Forum
Someone explain...
MOOLA TRIPLER - Game # 711
Top Prize: $100
It's a Tripler!
Game Number: 711
Ticket Price: $1
Start Date: 6/4/2007
Top Prizes Remaining: 44 of 50
How To Play:
Match 3 like amounts, win that amount. Match 2 like amounts, plus get a Cow symbol, win TRIPLE that amount.
Overall Odds: 1:3.8
Detailed Game Odds
MOOLA TRIPLER
1:3.8
PRIZE ODDS ARE
$1 1:8
$2 1:12
$3 1:36
$6 1:71
$18 1:300
$50 1:915
$100 1:48,000
t
Jul 17, 2007, 12:44 am - four4me - Lottery Discussion Forum
Lottery foes try to restrict gambling, with little success
Some New York lawmakers want the state to tell lottery-ticket buyers how slim the odds are of winning, and raise the gambling age from 18 to 21 to try to discourage gambling sprees.
But those who oppose change have a ready rejoinder: The state is, in effect, addicted to the billions in revenue that Lottery games generate.
The status quo is likely to prevail.
If you put in the ad 'The New York Lottery jackpot is now $10 million' and in the next graph say the odds of wining are 1 in 12 m
Jan 31, 2007, 12:51 am - Todd - Lottery News
New PA Game - Mix And Match
First, a few assumptions, that Jackpot is minimum of $50,000, and a free ticket is a $2 value. Then taking the odds furnished by the Lottery Bureau for each prize, I calculated total number of winners per prize, which I divided by number of possible tickets. That gave me the hit rate. I multiplied number of winners times prize for each winning combination, totaled and divided by total cost of all tickets which is $2 by total number of tickets.
Odds and totals are based on the PERMUTATION
Nov 2, 2006, 8:39 am - Lotto Czar - Jackpot Games Forum
probability types
John Schofield's article in the Personal Finance section contributes a number of calculations to Maclean's Magazine. The expectations were based on the payoffs of the September 7, 1996, $10,000,000 lottery. At the time the amount was quite unusual. He used the amount $2,217,321 which was the jackpot a week earlier, and which is a more typical figure. Provided below are some useful information concerning Lotto, both probability calculations and strategies.
Probability Background
T
Sep 21, 2006, 6:07 am - jordi marey - Mathematics Forum
