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duckmankilla
duckmankilla
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March 15th, 2012 at 5:17:46 PM permalink
Put it this way. You have just lost 99% of your chips and are down to something like 100 chips with blinds of 2k/4k. You are in the money already and you can move up if you simply survive. 2 players move all-in in front of you and you have pocket aces. The difference between 300 and 100 chips is insignificant as you are going to need a ton of double ups to even be considered in contention, so in this scenario there is no reason to risk losing your last 100 chips and the correct play is to fold and simply hope that the shorter stack of the two all-in players loses the pot.

It's the only viable way to increase your winnings as you are just trying to maximize your money at that point.
Triplell
Triplell
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March 15th, 2012 at 5:25:38 PM permalink
Quote: duckmankilla

Put it this way. You have just lost 99% of your chips and are down to something like 100 chips with blinds of 2k/4k. You are in the money already and you can move up if you simply survive. 2 players move all-in in front of you and you have pocket aces. The difference between 300 and 100 chips is insignificant as you are going to need a ton of double ups to even be considered in contention, so in this scenario there is no reason to risk losing your last 100 chips and the correct play is to fold and simply hope that the shorter stack of the two all-in players loses the pot.

It's the only viable way to increase your winnings as you are just trying to maximize your money at that point.



I created a separate thread so we don't get off topic on this one:

Would you fold pocket aces?[\link]
mrjjj
mrjjj
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March 15th, 2012 at 10:09:50 PM permalink
For the people that dont play the lotto because of the huge odds (I'm talking the big prizes), I heard a great definition years ago, I highly agree with it. We'll take MegaMillions (for Friday), its around 200 million.


If you spend $3 on a ticket and lets say you dont win a dime, will losing that $3 'change your life'? Of course not, not even a dent in your wallet.

If you were to WIN the grand prize.....would 70-250 million 'change your LIFESTYLE'? Yes is the common answer.
Of course the fellas that ENJOY arguing, will say NOPE, it wouldn't change a thing (lol).

Point being, risk vs. reward !!!!

Go ahead, bash it....blah blah blah. I'm a big believer in this post.

Hey, I throw a few bucks at it (dont ask), who knows. It sure would be a nice hit though!!!

Ken
thomasgrayson
thomasgrayson
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March 20th, 2012 at 7:35:49 PM permalink
Reading this one seems to be a real good thing would work out well in the long run. I just hope that things would work out well for the long run as I read a lot of good tips here. Thanks!
98Clubs
98Clubs
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March 20th, 2012 at 10:15:24 PM permalink
Way-back machine time:

When I was in college, NY State came out with Lotto. College kids blew 20-50 bucks a draw. I would spend $12 when the JP got to $25 M. There were 6 sets of balls used lables A to F and each draw rotated the set. There was a gaming rag for a buck I would buy that illustrated hot and not for each set. I played the hot 12 numbers, and was profitable in the 3 years of college play. I would say not all things are as equal as you might think. 35 years later, there is technology and improvements in manufacture to eliminate the need of rotating sets.

BTW I hit several 4+ bonus for $300+ and quite a few 4 only or 50-70. Definately worth it then. The GF and I shopped in NYC more than a few times... I can still smell the Argentinian beef.

In general, today, pick your favorite numbers and include some over 31 (way too many people play calendar numbers). I like primes.
Some people need to reimagine their thinking.
Boney526
Boney526
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March 26th, 2012 at 6:47:28 PM permalink
You know, back when I was first getting into gambling (OK, I've only gambled outside of a couple few dollar home poker games for about a year, and even now, not very much) I was playing a lot of lottery, since that's around, and I hadn't really put the time into understanding the games. So I read about this guy, and I tried playing a couple of systems. Anyway, long story short, good luck in the beginning ended up getting me back in the end, and I've now spent more time understanding the games I play.

As you can imagine, I don't really play much lottery anymore. Occasionally, I buy a single lottery ticket if there's a big enough jackpot (it doesn't have to be +EV, just enough that if I'm in a store, I might spend a dollar. So like 600,000 on my states Pick 5, 10 million on pick 6 and 300 million for MM)


But that got me thinking, if somebody was going to play the lottery, only at a positive EV (when the Jackpot is high enough) it may be beneficial to pick their own numbers. For two reasons...

1) You could pick numbers that you think other people are LESS likely to play, to reduce the chance that IF you win, you'd have to share it
2) You could potentially make certain patterns that reduce variance, by making lower prizes more likely. This is entirely possible, but far too costly for the average player. "Abbreviated wheels" make lower prizes more likely. I'd imagine most of these make it impossible to win more than one second or third prize, but you'd be able to customize them to a pretty good degree.

---- As a side note, most of the variance comes from the Jackpot, so this effect would probably be pretty small.
jiggles
jiggles
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September 18th, 2013 at 11:15:30 AM permalink
Quote: YoDiceRoll11

So my local news ran a video of this guy in FL who had won the lottery seven times. He describes as having a method.
What do you guys think? Can anyone with some math confirm that using your own numbers and using a random quick gives you the same exact chances?



His name is Richard Lustig and think he's charming. He's about my height (4' 0") and has a nicely trimmed beard. His book is No. 1 on the Amazon lottery best seller list despite being $30, which is about $1 a page. The book is a gyp and there are a lot of reviews saying so. He has appeared a lot of TV shows such as Good Morning America. There is another book on Amazon for only $3.95 that debunks him and a lot of the others. It seems that two of his winnings were on scratch-off tickets and three were in Florida Fantasy 5, which everybody wins sooner or later. He thinks he has a system because he has been lucky. That could happen to anyone. I would love to meet him!
Mission146
Mission146
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September 18th, 2013 at 1:11:07 PM permalink
Quote: CrystalMath

If he said "you can't increase your chances by buying a random lottery ticket," then he is right. If he said "using your own numbers makes your chances higher," then he is wrong.

If I ever played the lottery, I would use a quick pick to lower my chances of matching another winning ticket. Although my chances of winning wouldn't be higher, the probability of a larger prize would increase. The problem with picking your own numbers is that many people pick birthdays or patterns on the ticket. For instance, if you picked 1, 2, 3, 4, 5 with a power ball of 1, and you won, you would probably split that prize with 25 people.



I agree with you about this. Although, rather than using a Quick Pick to get the numbers, (and still possibly getting low numbers) would it not be better to deliberately pick high numbers in no particular pattern?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
puzzlenut
puzzlenut
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December 8th, 2013 at 7:50:45 AM permalink
The best way to evaluate Richard Lustig's book and his methods is to read the reviews which you will find on his Amazon listing. Formerly they were balanced between positive and negative, but now are predominantly negative. The reviews are listed in the order of those voted most helpful and these have the titles "Save Your Money," "Talk About a RIP OFF!," "I Am Definitely A Fool!," and "You Are a Sucker If You Buy This." Nevertheless, the book remains at or near the top of the best seller list in its category.

There is a book that gives details of his winnings and offers a probabilistic explanation of his results. It is available in paperback here and also is available in two editions in Kindle format from Amazon. It reveals that only four of his winnings actually were lotteries and that three of these were in Florida Fantasy Five. This lottery holds the record for consistent multiple winners and is the only reported lottery in which a sequence has been drawn. It was 14-15-16-17-18.

The only piece of his advice I would recommend is not to use quick picks, since there have been instances of ticket machines issuing duplicate quick pick numbers. His basic strategy is to choose a set of numbers that has not won before and if you win, to use the same set consistently thereafter. He is a lottery addict and I suspect that either he already has or soon will exhaust his winnings on ticket purchases and that thenceforth his buying will be funded by the profits from his book. Its excellent sales despite the bad reviews are a marketing phenomenon.
odiousgambit
odiousgambit
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December 8th, 2013 at 9:17:55 AM permalink
Quote: jiggles

He thinks he has a system because he has been lucky.



Well, he has proved there is one betting system that even the Wizard can agree can work:

Gamble and get extremely lucky. Write a book and sell systems about how anybody can do it!
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
wroberson
wroberson
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December 8th, 2013 at 10:00:43 AM permalink
I pick my own numbers and use a 16x15 matrix to attempt a best 3 in first 3, 4 in first four combinations so I have the best chance to get a prize. There of this online. That's where I get the grid. Not my idea, just something that has produced the most winners for me.

I also like up to 3 prime numbers in my number combinations.
Buffering...
Ibeatyouraces
Ibeatyouraces
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December 8th, 2013 at 10:10:07 AM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
Hunterhill
Hunterhill
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December 8th, 2013 at 10:33:13 AM permalink
Quote: Ibeatyouraces

I just play all of the possible combos and win every prize, every time. Of course I only do this in my head though :-)

Ya if you play in your head you can only lose your mind:-)
Happy days are here again
endermike
endermike
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December 11th, 2013 at 7:28:38 PM permalink
Quote: rdw4potus

I've heard this too. Might be true. But it's also by far the most likely outcome. Powerball is a 25 year old game that draws 2 times per week. 25*52*2=2600 drawings in the history of Powerball. The odds of winning the powerball are 1:175,000,000. It would be an incredible long shot to have two out of 2,600 Powerball drawings have the same winning numbers.



This is actually an interesting version of the generailzed birthday problem:
http://en.wikipedia.org/wiki/Birthday_problem

Using an available online calculator
http://lazycackle.com/Probability_of_repeated_event_online_calculator__birthday_problem_.html
and the numbers given above (m=2600 and n=175000000), I get: 1.9% chance of at least one duplication. Interestingly this is definetly not 0. It also is not near something we would call likely.

Further using that calculator, the fact I'm 29, US actuarial tables, and trends in lifespan there seems to be a decent chance there will be a double up in my life.
FleaStiff
FleaStiff
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December 11th, 2013 at 9:22:41 PM permalink
Anyone what wins seven times cheats... and he sure ain't gonna reveal his system for doing it.
GWAE
GWAE
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April 29th, 2015 at 6:57:49 AM permalink
If you are going to have a website you should at least have it give correct information.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
terrymc
terrymc
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June 20th, 2015 at 11:19:29 AM permalink
I read somewhere that that those who pick there own numbers hit twice as often as math says they should.How? Well some winners say they dreamed the winning numbers or a deceased relative on the other side revealed the winning numbers to them.
rxwine
rxwine
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June 20th, 2015 at 11:33:46 AM permalink
Quote: terrymc

Well some winners say they dreamed the winning numbers or a deceased relative on the other side revealed the winning numbers to them.



If I have a "near death" experience that's one of things I'm going to ask. That, and a cure for cancer, and a way for humans to travel interstellar space and stay alive, and anything else I think useful.
Sanitized for Your Protection
KB1
KB1
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June 20th, 2015 at 5:45:49 PM permalink
Whats up everyone?Been a long time since I posted on here......
In TN the lottery has been going on since 2004.
I Never played it because I didn't feel I had a chance of winning.
Last year I had a dream.
I had gone to the grocery store I work at and checked my ticket under the kiosk ticket checker.
When I had this dream I never before saw this device in any establishment.
In TN this device didn't exist yet,you had to give it to the cashier to check it on the main terminal.
When I checked the ticket(in my dream) the small screen said"file a claim at lottery headquarters".
Since this dream I started playing late last year,for not much money per week.
I mean I have lost way more in casinos than at the lottery.
In my past dreams I have seen very specific things in them that happened to come true in the future(for the small number of dreams I remember),still though it was a significant amount of innovations or revelations.

Interesting? I don't know. I guess we will have to see how it plays out.

Been fun posting again,I hope everyone wins big and is doing well.

KB1
Callahan
Callahan
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July 5th, 2015 at 3:36:50 AM permalink
I was reading this topic today ... just discovered this site ... some posts back there was some discussion whether any Powerball combo's have repeated.

I have read that there may be more than you would think ... I have found two examples and remember these various hits would be with old and new matrix changes ... more numbers, less numbers.

As far as I can find searching around ... there has only been one complete repeat with all five numbers and the PBall ...

12/27/2000 -- 15 · 22 · 24 · 32 · 39 +18

04/03/1993 -- 15 · 22 · 24 · 32 · 39 +18

and then this set of numbers repeated but not with the PBall ...

01/09/2008 -- 2-13-20-21-23 PB 24

02/08/2003 -- 2-13-20-21-23 PB 35

Of course there could be more ... I just found these searching around on Google.

... in PA just last November ... this set of numbers repeated in less than a week ... but there are only 30 numbers in the Treasure Hunt game so that might be expected over time but in less than a week makes it interesting.

Treasure Hunt Results

Sun, Nov 30, 2014 -- 02-05-08-11-12

Mon, Nov 24, 2014 -- 02-05-08-11-12
...
Cristina
Cristina
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September 14th, 2015 at 12:33:58 AM permalink
There are many good strategies that really work. I used one of them and won 2560 dollars. I usually play Australian Powerball. Look here
djatc
djatc
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Thanked by
Forager
September 14th, 2015 at 12:47:01 AM permalink
Quote: Cristina

There are many good strategies that really work. I used one of them and won 2560 dollars. I usually play Australian Powerball. Look here http://australian-lotto-results.com/powerball



But how much did you lose? I won $2 playing a scratchoff once, but i spent $5.
"Man Babes" #AxelFabulous
johngarringjr
johngarringjr
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June 21st, 2016 at 5:10:37 AM permalink
good points... i actually have been at it trying different forums and sites calculators, dream books etc. i finally hit a few times by using the numbers on a site called big green numbers. i got the information from another forum recently. lottery post i think it was called. anyway, i hit and perhaps it was good luck but i'll try again. the guy that posted this big green site says he hit three times.
PowerBallKing
PowerBallKing
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April 29th, 2018 at 11:30:51 AM permalink
The system breaks down the odds for the 5 white balls on the Powerball. For us to grow and become the best system in the world, its going to take a lot of people to do this right! This is not a group pool as its a individual pool between you and us only when you win. As we grow and become bigger, then we will make an app for all you! We need you to share this page and know your onboard for the future of winning. The system has won 7 times already for 2018. Your odds for winning on the 5 white balls are 1 in 11,688,053.52 , Using the Powerball King odds would be 1 in 2,792,318: Please help us grow and spread the word, as that will help us get off the ground.

We do not sell anything to no one at all!

Facebook----PowerBallKings or PowerBall King
OnceDear
OnceDear
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April 29th, 2018 at 11:39:49 AM permalink
Quote: PowerBallKing

...This is not a group pool as its a individual pool between you and us only when you win....

We do not sell anything to no one at all!

So, you spam your bullspit to forums like this, engage the attention of lots of people, gather identities of fools, get them to try your mumbo jumbo and then send you some money if they win.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
gamerfreak
gamerfreak
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April 29th, 2018 at 11:44:20 AM permalink
Quote: AcesAndEights

A bit off-topic, but I wonder if this guy's story has been discussed on these boards before? I just joined a couple of months ago, but this story is about a year old.
Cracking the Scratch Lottery Code
Short version: a statistician figured out a way to determine whether a certain kind of match-the-tic-tac-toe scratch-off lottery ticket was a winner by looking at the patterns on the visible tic-tac-toe boards.


I’ve thought about this quite a bit.

There are bingo scratch off games that have visible free spots placed in random positions in the board before scratching.

It would follow that a free space on a corner or in an X pattern would have a higher value than a free spot on a single line.

You would have to find a store or employee that let you look through cards on the roll before purchasing. Also I doubt it would be positive EV in any case.
waasnoday
waasnoday
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June 19th, 2019 at 9:32:58 AM permalink
The only part that is believable is the part where you say "I can't believe it." edit: Lol sorry this was meant for a post that got removed already.
ApellesPromptov
ApellesPromptov
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June 19th, 2019 at 3:26:50 PM permalink
It's still easier to believe in dumb luck haha

Hey yo, newbie's here ;D
lilredrooster
lilredrooster
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November 16th, 2023 at 3:04:14 AM permalink
deleted - put in wrong place - moved to miscellaneous

don't know why the forum doesn't allow members to completely delete their own wrongly submitted posts as other forums do

.


.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
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