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To: AndrewC
Your odds on the lottery are always the same. This is why I only play when the payout is at least twice the odds.
1,205 posted on 03/21/2002 7:02:06 PM PST by Heartlander
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To: Heartlander
Your odds on the lottery are always the same.

Yep, slim and "none". Just pointing out the analysis for the poker v lottery question is flawed. The reason you expect to eventually draw a full house is that the odds are 3,744/2,598,960 or about 1.4 in 1000 per draw from a virgin random deck. It seems slightly better than the 1 in 14 million odds of his Candadian lottery. Oh and choosing the same lotto numbers for each draw gives the effect of a "non-moving" target and "rolling" the numbered balls.

1,206 posted on 03/21/2002 7:18:07 PM PST by AndrewC
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To: Heartlander
This is why I only play when the payout is at least twice the odds.

Yes, wise. You can then justify the expense to the wife as an "investment". High risk but great payoff.

1,208 posted on 03/21/2002 7:22:46 PM PST by AndrewC
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