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Gaming the lottery: How one winner used math to overcome the odds

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Re: Gaming the lottery: How one winner used math to overcome the odds

#21

So let me get this straight.. $21k per play 5% chance winning = at LEAST 4m bankroll? It’s still a fun read (except the ending) but that should’ve been near the top to separate casual readers vs imma-get-rich-by-applying-similar-method readers.

400K, not 4MM

[deleted]

Re: Gaming the lottery: How one winner used math to overcome the odds

#24
post #2

The author lays out all the math and practical considerations and then…skips to the conclusion. Did he put it to the test? Seemingly not. And now that the methods are explained, there will likely be too many other people trying this to make any money from it. This article is essentially a white hat hacker disclosing a vulnerability.

The model was in production for 6 years. The lottery has been discontinued, so is no longer viable

Re: Gaming the lottery: How one winner used math to overcome the odds

#25

So let me get this straight.. $21k per play 5% chance winning = at LEAST 4m bankroll? It’s still a fun read (except the ending) but that should’ve been near the top to separate casual readers vs imma-get-rich-by-applying-similar-method readers.

Thanks for the feedback - included 'Results' section with an idea of worst bankroll draw down

Also, as mentioned by @falsedan, 20 * 20k = 400k (if that's the math you were attempting, which is not a sophisticated way to determine bankroll, but a good starting point)

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