Page 1 of 37 1 2 3 11 ... LastLast
Results 1 to 15 of 551

Thread: Hey DGX: Play The Worst Game In The World Without Losing All Your Money

  1. #1
    Mr Magoo RBP's Avatar
    Join Date
    Jan 2011
    Location
    Chicago
    Posts
    60,374
    vCash
    2000
    Mentioned
    177 Post(s)
    Thanks
    78,012
    Thanked 27,703 Times in 15,002 Posts

    Treasure Hey DGX: Play The Worst Game In The World Without Losing All Your Money

    Powerball is horrible. Nobody should ever play Powerball. Your chances of making money are astronomically low and yet millions of people play every week. For these players, the allure of the big money prize is too much for logic to overcome. Logic needs some help. Perhaps this simulator can be of service.

    Justwebware.com brings us the U.S. Powerball Simulator (http://justwebware.com/powerball/powerball.html)(there are also versions for the UK National Lottery (http://justwebware.com/uklotto/uklotto.html) and EuroMillions (http://justwebware.com/eurolotto/eurolotto.html)), the purpose of which is to show just how impossible it is to make money playing Powerball.

    Powerball has drawings twice a week so the simulator lets you play twice a week at either the $2 Quick Pick level or the $3 Power Play level. It then uses a random number generator to play out the results.

    I gave the simulator a go, choosing Quick Play and keeping it on the ďfastĒ setting. A half hour and about 200 years of ďgame timeĒ later, I still hadnít hit any prize over $100, so I kicked the speed up to ďmax,Ē which plays out at about a year per second. The standard ďReturn on $Ē investment hovers around $0.07 and $0.08 when you donít hit anything over $100, which I didnít until Ö okay, I was really hoping I would have hit by the time I got to finishing this paragraph. I went back to the opening paragraphs, I cropped some pictures, put in the hyperlinks and now Iím stalling Ö

    I just hit the 500 game-years mark.

    I guess Iíll go make a sandwich.

    I just watched the Gangnam Style video four times in a row.

    1000 years. Iím now down about $192,000.

    Good thing I didnít promise to have this in on a deadline.

    That Gangnam Style dance is harder than it looks.

    I really need to get back in shape.

    This has been going on for an hour ó 1,750 game-years. The odds of hitting the $1 million prize are 1 in 5,153,633. Iíve played about 180,000 games.

    Iím giving this until 2pm, then I give up and finish this post regardless.
    Last edited by RBP; 08-16-2012 at 08:07 AM.
    I wanted to be a Monk, but I never got the chants.

  2. #2
    Let's Go Brandon! Teh One Who Knocks's Avatar
    Join Date
    Jan 2011
    Location
    5280' Above Sea Level
    Posts
    248,166
    vCash
    9511
    Mentioned
    18 Post(s)
    Thanks
    22,061
    Thanked 106,943 Times in 56,785 Posts
    You wanna know what odds are worse than 175 million to 1?


    175 million to 0

    If you don't play, you can't win.

  3. The Following 3 Users Say Thank You to Teh One Who Knocks For This Useful Post:

    Godfather (09-28-2018), Pony (07-28-2013), PorkChopSandwiches (01-19-2021)

  4. #3
    Sisukas Jezter's Avatar
    Join Date
    Jan 2011
    Posts
    9,495
    vCash
    2357
    Mentioned
    0 Post(s)
    Thanks
    641
    Thanked 2,139 Times in 1,281 Posts
    The odds are 50/50. You either win or you don't.

  5. The Following User Says Thank You to Jezter For This Useful Post:

    PorkChopSandwiches (01-19-2021)

  6. #4
    Basement Dweller Godfather's Avatar
    Join Date
    Jan 2011
    Location
    Vancouver
    Posts
    16,019
    vCash
    11220
    Mentioned
    18 Post(s)
    Thanks
    3,703
    Thanked 6,056 Times in 3,601 Posts
    I kind of agree, statistically it's stupid to play. I just justify it by telling myself that daydreaming about winning is worth a couple bucks here and there

  7. The Following User Says Thank You to Godfather For This Useful Post:

    PorkChopSandwiches (02-21-2017)

  8. #5
    Take Box B DemonGeminiX's Avatar
    Join Date
    Jan 2011
    Location
    Bum Fuck Egypt, East Jabip
    Posts
    62,116
    vCash
    22000
    Mentioned
    20 Post(s)
    Thanks
    42,751
    Thanked 15,842 Times in 11,204 Posts
    Some people make it a long drawn out chore of supposed mathematical analysis and problem solving for the very same reason people just throw $10 on 5-10 quickpicks on the way to trivia when the pot gets large: Because they think it's fun.

    I enjoy doing my analysis. And given that I don't have very many opportunities to flex the many mathematical muscles that I built in college, using the lottery games as data sets that I can apply my knowledge to is good practice for me.

    Now shush.


    Warning: The posts of this forum member may contain trigger language which may be considered offensive to some.

    Music was better when ugly people were allowed to make it.

  9. #6
    21-Jazz hands salute Muddy's Avatar
    Join Date
    Apr 2011
    Location
    On the Waters of Life
    Posts
    47,261
    vCash
    9653
    Mentioned
    5 Post(s)
    Thanks
    25,960
    Thanked 12,299 Times in 8,160 Posts
    It's fun to join in the fervor..

  10. #7
    Basement Dweller Godfather's Avatar
    Join Date
    Jan 2011
    Location
    Vancouver
    Posts
    16,019
    vCash
    11220
    Mentioned
    18 Post(s)
    Thanks
    3,703
    Thanked 6,056 Times in 3,601 Posts
    Quote Originally Posted by DemonGeminiX View Post
    Some people make it a long drawn out chore of supposed mathematical analysis and problem solving for the very same reason people just throw $10 on 5-10 quickpicks on the way to trivia when the pot gets large: Because they think it's fun.

    I enjoy doing my analysis. And given that I don't have very many opportunities to flex the many mathematical muscles that I built in college, using the lottery games as data sets that I can apply my knowledge to is good practice for me.

    Now shush.
    If you ever figure out what this guy did... please let me know

    http://www.dailymail.co.uk/femail/ar...t-4-times.html

  11. #8
    Take Box B DemonGeminiX's Avatar
    Join Date
    Jan 2011
    Location
    Bum Fuck Egypt, East Jabip
    Posts
    62,116
    vCash
    22000
    Mentioned
    20 Post(s)
    Thanks
    42,751
    Thanked 15,842 Times in 11,204 Posts
    That's a girl. Not a very attractive one, but still...

    There's a dude in Florida that has hit the Florida lotto 7 or 8 times over the course of 15+ years. It's not the same as playing scratch-offs, but still, if you buy a large number of distinct plays per draw every draw for a long enough time period, it might not be statistically certain, but it stands to reason that you might hit something every once in a while.

    An old guy that hit the Mega millions a while back spent $350,000 on two draws (yeah, for a total of $700,000) to hit a $40 or $50 million jackpot. I think it was his entire retirement that he spent, and he sat down and chose all the numbers by himself and he used the same numbers both of the times he played. But he did win on the second attempt. So, you pick enough numbers (not picking all of them, mind you), and there ya go...


    Warning: The posts of this forum member may contain trigger language which may be considered offensive to some.

    Music was better when ugly people were allowed to make it.

  12. #9
    Basement Dweller Godfather's Avatar
    Join Date
    Jan 2011
    Location
    Vancouver
    Posts
    16,019
    vCash
    11220
    Mentioned
    18 Post(s)
    Thanks
    3,703
    Thanked 6,056 Times in 3,601 Posts
    Sounds like a helluva gamble with your retirement

    I guess you wouldn't use this would you? Every number has the same chance of pulling on every draw...


  13. #10
    Take Box B DemonGeminiX's Avatar
    Join Date
    Jan 2011
    Location
    Bum Fuck Egypt, East Jabip
    Posts
    62,116
    vCash
    22000
    Mentioned
    20 Post(s)
    Thanks
    42,751
    Thanked 15,842 Times in 11,204 Posts
    Quote Originally Posted by Godfather View Post
    Sounds like a helluva gamble with your retirement

    I guess you wouldn't use this would you? Every number has the same chance of pulling on every draw...

    I have frequency charts on the numbers and how they appear in the draw for the games that I'm watching. While it is absolutely true that every number has an equally likely chance of being drawn at every draw, it certainly does not appear that way when you look at the numbers frequency that appear in an individual digit spot. I.E, the number of times 1 appears in the first digit, the number of times 2 appears in the first digit... etc etc etc. They appear very much as a normal (bell curve) distribution. When looking at the first digit, it's skewed to the left (i.e. 1, 2, and 3 appears the most in the first digit and the rest tail off), and similarly for the last digit. The middle digits appear as a normal unskewed bell curve.


    Warning: The posts of this forum member may contain trigger language which may be considered offensive to some.

    Music was better when ugly people were allowed to make it.

  14. #11
    Let's Go Brandon! Teh One Who Knocks's Avatar
    Join Date
    Jan 2011
    Location
    5280' Above Sea Level
    Posts
    248,166
    vCash
    9511
    Mentioned
    18 Post(s)
    Thanks
    22,061
    Thanked 106,943 Times in 56,785 Posts

  15. The Following User Says Thank You to Teh One Who Knocks For This Useful Post:

    lost in melb. (09-28-2021)

  16. #12
    Take Box B DemonGeminiX's Avatar
    Join Date
    Jan 2011
    Location
    Bum Fuck Egypt, East Jabip
    Posts
    62,116
    vCash
    22000
    Mentioned
    20 Post(s)
    Thanks
    42,751
    Thanked 15,842 Times in 11,204 Posts
    Why do you keep bringing up the conspiracy angle when I'm talking about mathematical trends?


    Warning: The posts of this forum member may contain trigger language which may be considered offensive to some.

    Music was better when ugly people were allowed to make it.

  17. #13
    Let's Go Brandon! Teh One Who Knocks's Avatar
    Join Date
    Jan 2011
    Location
    5280' Above Sea Level
    Posts
    248,166
    vCash
    9511
    Mentioned
    18 Post(s)
    Thanks
    22,061
    Thanked 106,943 Times in 56,785 Posts
    Quote Originally Posted by DemonGeminiX View Post
    Why do you keep bringing up the conspiracy angle when I'm talking about mathematical trends?
    Because the odds never change for any of the numbers to be chosen....the drawing 1, 2, 3, 4, and 5 have the exact same odds to appear as does the drawing of 11, 21, 24, 31, and 45

    Math has nothing to do with it, it's random...there is no "lottery formula"

  18. #14
    Take Box B DemonGeminiX's Avatar
    Join Date
    Jan 2011
    Location
    Bum Fuck Egypt, East Jabip
    Posts
    62,116
    vCash
    22000
    Mentioned
    20 Post(s)
    Thanks
    42,751
    Thanked 15,842 Times in 11,204 Posts
    Quote Originally Posted by tehlancinator View Post
    Because the odds never change for any of the numbers to be chosen....the drawing 1, 2, 3, 4, and 5 have the exact same odds to appear as does the drawing of 11, 21, 24, 31, and 45

    Math has nothing to do with it, it's random...there is no "lottery formula"


    You'll be sorry when I win.


    Warning: The posts of this forum member may contain trigger language which may be considered offensive to some.

    Music was better when ugly people were allowed to make it.

  19. #15
    Let's Go Brandon! Teh One Who Knocks's Avatar
    Join Date
    Jan 2011
    Location
    5280' Above Sea Level
    Posts
    248,166
    vCash
    9511
    Mentioned
    18 Post(s)
    Thanks
    22,061
    Thanked 106,943 Times in 56,785 Posts

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •