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Fooled by Randomness
An Expected Value of 0.65 is better than 0.50, but that's about all! Without a Time Machine, I could not help anyone minimize their losses in the PA Daily Number Game by telling them to buy 308 every day. Analogously, I suspect it's only with hindsight that you can find a 0.65 system or system parameters from 4000 possibilities.
Do you believe that hypotheses tested and verified in a Pick3 game can be carried forward to Pick5 6 games? A popular purchase here in the Pick3 is a 50 / 50 ticket,
Aug 22, 2010, 1:17 am - jimmy4164 - Lottery Systems Forum
Fooled by Randomness
Quote: Originally posted by jimmy4164
Based on your current remarks, I think the odds are pretty good that you have NOT YET done me the favor!
Here's a link to the Psychology behind it...
http://en.wikipedia.org/wiki/Gambler%27s_fallacy#Psychology_behind_the_fallacy
See especially The Illusion of Control link.
PULEEEEEZZ???
Once you UNDERSTAND the Gambler's Fallacy, and it sinks in, you will never make your remark [in blue] at the top again!
--Jimmy4164
P.S.
You al
Aug 21, 2010, 3:02 am - truecritic - Lottery Systems Forum
If All 80,000 Members of LP Dedicated to Systems for PB and Pick6 We will Win it Everyday
we would have to agree not to play certain combos. like 123456 234567 ,48 49 50 51 53 54 .. etc that still leaves alot of combos.
also would have ot agree not to split the jackpot, is only way to not have winner drwn out in court for next 10 years.
and again with 95k players and odds of 160mill plus thats $1600 a draw
kind of gives you a inkling on how tough it really is to win the powerball over there.
Aug 19, 2010, 10:51 pm - savagegoose - Lottery Discussion Forum
$3 Million Dollar Monopoly - Florida, anyone having luck on this?
I think they are holding back the larger winning $20 Monopoly scratchers. As many as I have purchased and lost there is no way they are distributing based off their advertised odds. I either get losing $20 Monopoly tickets or win $20-$30, but majority have been losers.
I purchase 1-2 Monopoly, Billion Blockbuster and Gold Rush daily. Gold Rush and Billion Blockbuster I have better results with, but even they aren't bringing me anything over $100 for a win. I tried the $200k for life $20 scrat
Aug 19, 2010, 2:00 pm - wbrightfl - Instant ("Scratch-Off") Games Forum
Man wins Fla. Lottery jackpot for 7th time
So he's playing 10 cards for $100 each time?
Why mail the losing scratch-offs instead of submitting them online? Does that increase your chances?
Most times I wheel numbers I end up with a set that's had a 4 of 5 win at some point. Then I think about the odds of those numbers coming in again, get discouraged and end buying a qp.
Aug 19, 2010, 6:56 am - Nino224 - Lottery News
What's with NY Sweet Million??
You should give Take5 a spin.
I rarely play PB, MM or Lotto because the odds are so ridiculously long. Take5 is bad enough at 575,757 to 1, but I've won about 20 bucks on each of 14 different occasions since April of 2009 when I started playing it regularly. But you have to track or analyze the numbers to do that. As for winning Free Plays in Take5, I've lost count as to how many I've won, but it's well over 100. I usually play 3 bucks when I play, and I play 4 or 5 times a week. I'm not a hi
Aug 19, 2010, 6:46 am - GiveFive - Jackpot Games Forum
Statistically Speaking - QP's and PP's
Hey, I am no fool, you won't ever hear me say that playing the lottery is a profitable venture. I spend $50 every Saturday (25 picks with PowerPlay) or $200 a month on only Powerball. No Pick 3, no Pick 4, no Pick 5, and definitely no scratchers just Powerball. I play the game with the worst odds because when you hit, you usually win big.
Again I'm not anti QP, I just prefer SP.
Jimmy
Aug 17, 2010, 12:02 am - jimjwright - Lottery Discussion Forum
Man wins Fla. Lottery jackpot for 7th time
I prefer playing things where the odds are in my favor
And what would that be? Usually, in life, things that are in people's favor when applied to gambling don't pay that much. Just like favorites in dog racing.
Aug 16, 2010, 10:52 pm - joker17 - Lottery News
Fooled by Randomness
Wrong again jimmy boy.
You think that I am choosing numbers based on what has happened. If I pick 1 without
reguard to anything I can expect to be correct about 1 in every ten selections. However If I
select one in the same manner not to play than I will be correct in not playing it 90% of the
time. Do the test for your self and test it.
One cannot exist without the other and if the draw process is fair than the odds never change
for any one selection. I will always have
Aug 16, 2010, 4:51 pm - RL-RANDOMLOGIC - Lottery Systems Forum
TxLottery From The WayBack Machine, TxMillion Game.
Hey Lantern, that's pretty cool. I don't remember that game. I moved to Tx in 1998, but I didn't start playing until 1999, and then only bought Lotto tics.
I like Tx 2 Step, never miss a drawing.
I do wish they would get rid of Cash 5 and replace it with a game like PA's Quinto. The payoff is better and the odds are better than Cash 5.
Aug 16, 2010, 8:53 am - rcbbuckeye - Lottery Discussion Forum
