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Posted on 11/16/20 at 11:27 am to Ssubba
Ya a few people have won lotteries multiple times because they knew if a lottery went a couple stages without a winner, there was a greater probability to win or something like that. That's when they'd buy a ton.
I think some lotteries have better randomization where you can't do that.
I think some lotteries have better randomization where you can't do that.
Posted on 11/16/20 at 11:41 am to Teddy Ruxpin
quote:
because they knew if a lottery went a couple stages without a winner, there was a greater probability to win
That’s not how it works.
Posted on 11/16/20 at 11:45 am to John88
There was a book I listened to on a long car trip called “How to Never be Wrong” and it was all about math and probability and it covered something similar to this In one chapter.
They basically figured out when to play several state lotteries and how many tickets to buy. Made a mint and lotteries had to change rules to prevent.
They basically figured out when to play several state lotteries and how many tickets to buy. Made a mint and lotteries had to change rules to prevent.
Posted on 11/16/20 at 11:59 am to ChEgrad
quote:
They basically figured out when to play several state lotteries and how many tickets to buy. Made a mint and lotteries had to change rules to prevent.
Louisiana tells you how many of each prize has been claimed on each scratch off game and the % of tickets sold for that game. If you found a state with a few small concentrations of population where the bulk of the tickets would be sent, and watched for what games still have big prizes outstanding, you would probably do better than the average person.
can't imagine it's profitable in the end tho
This post was edited on 11/16/20 at 12:01 pm
Posted on 11/16/20 at 12:46 pm to MikeBRLA
quote:
That’s not how it works.
I found it more exact. Some did it when the jackpot was three times larger than all possible combinations, which I assume, happens when people don't win earlier and the prize rises.
So I was part right
I think that was Stefan Mandel's method.
This post was edited on 11/16/20 at 12:48 pm
Posted on 11/16/20 at 12:55 pm to The Boat
quote:
Gotta pay those student loans somehow
Lol like these kids have student loans
Posted on 11/16/20 at 1:19 pm to usc6158
quote:
There was an elderly couple a few years ago in Michigan that figured out a loophole in a couple of the lottery games and made millions. Likely a similar situation here.
I saw a special on them on CBS ‘Sunday Morning’. Cool story. They actually started a fund with many of their friends and made a boatload of cash.
Basically, after x number of weeks without a winner, the payoff went so high that it would offset the cost of buying enough tickets to nearly guarantee a win
Posted on 11/16/20 at 1:20 pm to KamaCausey_LSU
That's exactly how it's done. This is nothing new. Anyone with a lot of starting cash can do this.
Posted on 11/16/20 at 1:34 pm to MikeBRLA
quote:
That’s not how it works.
It certainly is how it can work.
Lots of lotteries and especially scratch offs have set game periods and guaranteed payouts.
If its day 89 out of 90 days and no one has won the big prizes yet you can buy up the rest of the numbers or tickets and you will win something.
That is the simple terms but there is a lot more math than that and odds of splitting prizes in number games.
Posted on 11/16/20 at 1:36 pm to Jcorye1
quote:
It's pretty obvious they identified a flaw in the logic of Mega Ca$h and are exploiting it. Good for them, it points out a failed product.
Or maybe they're just dumbasses who got lucky a few times.
Posted on 11/16/20 at 1:41 pm to USMEagles
I’d like to hear Manuel montori the first lifestyle.
This post was edited on 11/16/20 at 1:42 pm
Posted on 11/16/20 at 1:42 pm to John88
They designed the election software.
Posted on 11/16/20 at 1:42 pm to jb4
quote:
I’d like to hear Manuel montori the first lifestyle
Probably a hardworking Italian immigrant to Peru.
Posted on 11/16/20 at 1:56 pm to AbitaFan08
quote:
For those downvoting, I went to CHS and can admit that it's dogshit compared to PE
You are comparing apples and oranges. Phillips (Exeter or Andover) are big private boarding schools with billion dollar endowments. They have unreal resources. But their success is mainly due to who applies and whom are selected. Those endowments were built by accepting the Bush's and other super rich people.
Eventually, the endowments were so large that they could accept smart middle class folks. The main advantage to going there is the contacts one would make. Your classmates are either super smart or super rich and connected.
I have a son-in-law who went to Phillips Andover. He was a legacy, but was the only one of five siblings who was admitted. He's a great young man. Nicest guy you'll ever meet.
This post was edited on 11/16/20 at 1:57 pm
Posted on 11/16/20 at 2:13 pm to skinnytrees
quote:
Lots of lotteries and especially scratch offs
I was referring to lotteries, not scratch offs. Scratch offs are obviously pre-determined.
quote:
no one has won the big prizes yet you can buy up the rest of the numbers
Buying all possible numbers of a lottery is illegal in most lotteries. It would be extremely risky even if you did do it if there are multiple winners. With multiple winners you’d actually lose money if you “won” after you split the winnings with 2 or 3 others.
Posted on 11/16/20 at 2:15 pm to MikeBRLA
quote:
Buying all possible numbers of a lottery is illegal in most lotteries.
I have absolutely never seen this be illegal.
Why would this be illegal. Makes no sense.
This post was edited on 11/16/20 at 2:17 pm
Posted on 11/16/20 at 2:23 pm to AbitaFan08
quote:
Every time someone on this site talks about how "elite" Jesuit, Episcopal, CHS, etc. is, I laugh because I think of PE and that school makes any private school in LA look like a BR public school.
Hey look everybody, it’s a fricking douchbag.
Posted on 11/16/20 at 3:44 pm to AbitaFan08
quote:
Every time someone on this site talks about how "elite" Jesuit, Episcopal, CHS, etc. is, I laugh because I think of PE and that school makes any private school in LA look like a BR public school
Dr Nanda, former head of neurosurgery at LSUHSC Shreveport, had two children who went to one of the eastern prep schools. The average Louisiana private school kid doesn't fit the demographic. But some can and do qualify.
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