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
Gaming the lottery: How one winner used math to overcome the odds
21–25 of 25 posts
Re: Gaming the lottery: How one winner used math to overcome the odds
#22That was extremely unsatisfying. Great simplification and overview... then skipped directly to a "conclusion"
Re: Gaming the lottery: How one winner used math to overcome the odds
#23That was extremely unsatisfying. Great simplification and overview... then skipped directly to a "conclusion"
Re: Gaming the lottery: How one winner used math to overcome the odds
#24The 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.
Re: Gaming the lottery: How one winner used math to overcome the odds
#25So 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.
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)