I know a few people who go to the convenience store twice a week and play the same numbers over and over again. Could this be a good strategy? The odds say know, but I figured I'd run some of my own tests using the numbers chosen from the previous post. I ran tests for 1 game, 10 games, 100, 1,000, and so on to measure the odds over time. Here's the results:
You played 1 games costing you $1 and you won back $0.
You played 10 games costing you $10 and you won back $0.
You played 100 games costing you $100 and you won back $6.
You played 1,000 games costing you $1,000 and you won back $125.
You played 10,000 games costing you $10,000 and you won back $1,089.
You played 100,000 games costing you $100,000 and you won back $21,613.
You played 1,000,000 games costing you $1,000,000 and you won back $324,431.
You played 10,000,000 games costing you $10,000,000 and you won back $2,019,222.
We can see from these numbers why people say that the lottery is a game for people who aren't good at math. I remain determined to improve upon this, but it's late, so I'll jump back in with another method later.
Wednesday, September 5, 2007
Playing the same numbers.
Posted by lottobymath at 11:51 PM
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