master's degree, every Thursday night I attended what we called the Applied
Statistics Seminar - 3 hours of cutthroat poker with another experimental
psychologist and three statisticians. Those stats people were brutal when it
came to poker.
larry
-----Original Message-----
From: Kevin Graeme [mailto:[EMAIL PROTECTED]
Sent: Tuesday, February 17, 2004 3:25 PM
To: CF-Community
Subject: Re: Lottery
Aye. I remember reading some stats similar to that. And that the craps
tables in Vegas have much better odds. Of course, my 1 dollar bet on the
craps table in Vegas doesn't go towards fixing potholes in Wisconsin or
reducing my property tax.
-Kevin
> When I was taking stats, our prof used the lottery as an example of an
> expected return exercise. What he showed was that the lottery had a
negative
> 5 cents return - at best in the long term it would cost you 5 cents
> for every dollar you put into the lottery.
>
> I won $200 the next week on the provincial lottery.
>
> Larry
>
> -----Original Message-----
> From: Haggerty, Mike [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, February 17, 2004 2:59 PM
> To: CF-Community
> Subject: RE: Lottery
>
>
> Every week I buy $100 worth of tickets, all with the same number, in
> order to increase my share the day the numbers finally do win. I buy
> 1-2-3-4-5-6 in the Pick Six, and this strategy is going to pay off by
> the time I ready to retire.
>
> I know that, in terms of statistical relevance, my odds are just as
> good that I would randomly find the winning ticket lying in the street
> without ever playing the lottery.
>
> But this is going to work. There is no question.
>
> M
>
> -----Original Message-----
> From: Doug White [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, February 17, 2004 2:51 PM
> To: CF-Community
> Subject: Lottery
>
>
> Tonight's Mega-Millions jackpot is estimated to be $177 Million Us
Dollars.
>
> http://www.txlottery.org/
>
>
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