Search

odds are reducedReply
I think odds often get confused with probability or expected statistical frequency. Normally, when I list an odd in a reduced fractional form I am thinking more along the lines of an immediate probability (expressed as a fraction) for that particular trial. I think many other people inadvertently do this also. When playing 2 different Pick 3 combinations in straight form, the ODDS are 2 in 1000 or 2 to 998, but this often gets written as the fraction 2/1000 or 1/500 when reduced. From the po
Feb 24, 2006, 1:19 pm - Thoth - Lottery Discussion Forum

odds are reducedReply
This is ridiculous! With odds such as the Powerball buying 1000 tickets are no greater than 1 in hitting the big 1. Come to Indiana if you want astronomical odds of trying to win. With total combos played in eight years (somewhere between 1-2 million combo numbers) I am yet to hit a strt combo. Those odds just dont compute, unless, of course, the numbers are being filtered. Any comments?
Feb 24, 2006, 9:56 am - LosingJeff - Lottery Discussion Forum

odds are reducedReply
I buy tickets covering all Mega numbers so it's one ticket in a 5/56 game or 1:3.8 million to one. There are two variables at work, the white numbers and the Mega numbers. In a 6/49 game not much reduced the odds. You can wager that numbers under 20 won't come out and purchace your numbers accordingly, say $30. Odds are that assumption is wrong and you loose on every number. If you are correct then you have 30 tickets in a 1:118,000 game. This ultimately just changes your perception of the ga
Feb 23, 2006, 11:52 pm - dvdiva - Lottery Discussion Forum

odds are reducedReply
As I stated in my second posting - perhaps the real debate is how different people perceive the odds. I know that technically the odds are 1 in 1000 or 1:999 for a single straight number to win or 2 in 1000 or 2:998 for two different straight numbers. This does not mean that the fractional reduction is not valid - especially when thinking long term statistics and long term probability. Many states list their boxed odds for Pick 3 as 1 in 167 for a no-match number instead of the 6 in 1000 or
Feb 23, 2006, 9:09 pm - Thoth - Lottery Discussion Forum

odds are reducedReply
However: Buying one Pick 3 ticket gives you odds of 1 in 1000 or 1/1000, buying two Pick 3 tickets equals odds of 2 in 1000 or 1 in 500 as a reduced fraction...and yes, 500 combos arent simply going to disappear. But, 100 Pick 3 tickets equals odds of 100 in 1000 or 100/1000 ....or 1/10 as a reduced fraction. Either way you look at it, 100 in 1000 or 1 in 10 is still exactly 10% and is also the average amount of all games that you would win over a long period of time if you continually play
Feb 23, 2006, 8:56 am - Thoth - Lottery Discussion Forum

Again...I dont know why I bother with PBReply
Super Great Odds - if you are the one!
Feb 22, 2006, 6:52 pm - Chewie - Lottery Discussion Forum

odds are reduced
Of course odds are reduced by half ( or you have twice the chance of winning) if you buy two tickets. Try not to think of 49 balls in a tub and 6 are selected, instead think of numbers 1 to 13,983,816 in a large hat. The only reasons balls are used is to a) allow you to select these numbers on one sheet of paper, b) allow other prizes for 3, 4 or 5 numbers to be given, c) give some excitement when the balls are drawn and allow punters to have some connectiion with the numbers (birthdays, ages
Feb 22, 2006, 5:05 am - stevieray - Lottery Discussion Forum

FL's Lucky4life ($20)Reply
Those are good odds. The odds of winning $500 on the newest $20 ticket in PA is 1:480. But then again, the odds of winning $1,000,000 (all-cash) is 1 in 600,000. Different places, different priorities I guess.
Feb 22, 2006, 1:37 am - JimmySand9 - Instant ("Scratch-Off") Games Forum

Again...I dont know why I bother with PBReply
Yep, remember the odds are 1 in 146,107,962, not 0 in 146,107,962.
Feb 21, 2006, 11:14 pm - ryanm - Lottery Discussion Forum

alittle odd...Reply
A gazillion to one are great odds, when you are the one!
Feb 20, 2006, 3:15 pm - Chewie - Lottery Discussion Forum