LOTTERIES: PRIZE STRUCTURE AND PROBABILITIES

LOTTERIES: PRIZE STRUCTURE AND PROBABILITIES
Author :
Publisher : Lulu.com
Total Pages : 138
Release :
ISBN-10 : 9780244790837
ISBN-13 : 0244790833
Rating : 4/5 (37 Downloads)

Synopsis LOTTERIES: PRIZE STRUCTURE AND PROBABILITIES by : JAIME AGUIRRE

As explained comprehensively in the book Understanding Lottery Mathematics lotteries can be classified in two general categories: draws with replacement, and draws without replacement. The probabilities of every prize division are calculated by applying the rules explained in the above mentioned book. In Lotteries: Prize Structure and Probabilities lotteries are described in a tabular form. Each lottery is represented as a table including the probability calculations for every prize division.

World Lotteries

World Lotteries
Author :
Publisher :
Total Pages : 380
Release :
ISBN-10 : 9798537543268
ISBN-13 :
Rating : 4/5 (68 Downloads)

Synopsis World Lotteries by : Jaime Aguirre

"Lotteries are played in many countries around the world. Millions of people buy tickets on a regular or occasional basis in hopes of beating the odds. But how many of those dreamers have a real understanding of the mathematical principles ruling their chances? In the following pages you will find the basic information needed to clearly understand chance in terms of easy mathematical rules, and you will learn how to apply this knowledge to work out the chance of winning a prize in any lottery. This book is addressed not only to students with a passion for the mathematics of chance, but also to those who simply want to understand how lotteries work. It is not an in-depth study of the subject, but rather an introduction to basic concepts and methods in probability, and how to apply them to most of the lotteries currently played worldwide." -- Introduction.

Lotteries

Lotteries
Author :
Publisher :
Total Pages : 0
Release :
ISBN-10 : 0645304034
ISBN-13 : 9780645304039
Rating : 4/5 (34 Downloads)

Synopsis Lotteries by : Jaime Aguirre

This book is addressed not only to students with a passion for the mathematics of chance, but also to those who simply want to understand how lotteries work. It is not an in-depth study of the subject, but rather an introduction to basic concepts and methods in probability, and how to apply them to most of the lotteries currently played worldwide.We are constantly being persuaded to gamble through lottery websites, online games, and advertising. Understanding the risks of betting, and preventing the compulsion to gamble, begins with education. Education on wagering must start at the core of the matter: the knowledge of probability theory and the relevant mathematical rules applied to evaluate the chances of winning any lottery prize.This book does not promise you any secret or system to win the lottery. If there were a systematic way of predicting a winning combination, the numerous authors of the large number of books on lottery systems would now be millionaires themselves, and would not be revealing their concealed secrets at an affordable value.

The Mathematics of Lottery

The Mathematics of Lottery
Author :
Publisher : INFAROM Publishing
Total Pages : 204
Release :
ISBN-10 : 9789731991115
ISBN-13 : 9731991115
Rating : 4/5 (15 Downloads)

Synopsis The Mathematics of Lottery by : Catalin Barboianu

This work is a complete mathematical guide to lottery games, covering all of the problems related to probability, combinatorics, and all parameters describing the lottery matrices, as well as the various playing systems. The mathematics sections describe the mathematical model of the lottery, which is in fact the essence of the lotto game. The applications of this model provide players with all the mathematical data regarding the parameters attached to the gaming events and personal playing systems. By applying these data, one can find all the winning probabilities for the play with one line (for each category in part or cumulatively), and how these probabilities change with playing the various types of systems containing several lines, depending on their structure. Also, each playing system has a formula attached that provides the number of possible multiple prizes in various circumstances. Other mathematical parameters of the playing systems and the correlations between them are also presented. The generality of the mathematical model and of the obtained formulas allows their application for any existent lottery (including variations like Keno) and any playing system. Each formula is followed by numerical results covering the most frequent lottery matrices worldwide and by multiple examples predominantly belonging to the 6/49 lottery. The listing of the numerical results in dozens of well-organized tables, along with instructions and examples of using them, makes possible the direct usage of this guide by players without a mathematical background. The author also discusses from a mathematical point of view the strategies of choosing involved in the lotto game. The book does not offer so-called winning strategies (proving that the only strategy is that of choosing), but helps players to better organize their own playing systems and to confront their own convictions (so many times based on false perceptions) with the incontestable reality offered by the direct applications of the mathematical model of the lotto game. As a must-have handbook for any lottery player, this book offers essential information about the game itself and can provide the basis for gaming decisions of any kind.

Australian and New Zealand Lotteries

Australian and New Zealand Lotteries
Author :
Publisher :
Total Pages :
Release :
ISBN-10 : 1760899402
ISBN-13 : 9781760899400
Rating : 4/5 (02 Downloads)

Synopsis Australian and New Zealand Lotteries by : Jaime Aguirre

Understanding Lottery Mathematics

Understanding Lottery Mathematics
Author :
Publisher : Createspace Independent Publishing Platform
Total Pages : 474
Release :
ISBN-10 : 1530870208
ISBN-13 : 9781530870202
Rating : 4/5 (08 Downloads)

Synopsis Understanding Lottery Mathematics by : Jaime Aguirre

The chances of matching the twenty numbers drawn in a keno game are 1 in 3,535,316,142,212,180,000. That is 1 in 3,535,316 trillion! The number in itself is hard to imagine. Keno is a type of lottery, and as such, it is ruled by the laws of probability. Lotteries are played in many countries around the world. Millions of people buy tickets on a regular or occasional basis in hopes of beating the odds-even when the chances are 1 in 3.5 quintillion. But how many of those dreamers have a real understanding of the mathematical principles ruling their chances? In the following pages you will find the basic information needed to clearly understand chance in terms of easy mathematical rules, and you will learn how to apply this knowledge to work out your chances of winning a prize in any lottery or lottery-like game of chance. This work is addressed not only to high school students with a passion for the mathematics of chance, but also to those who simply want to understand how lotteries work in terms of mathematics. It is not going to be an in-depth study of the subject, but rather an introduction to basic concepts and methods in probability, as well as how to apply them to the different types of lotteries. Youngsters are increasingly being persuaded to gambling through sport, lottery websites, online games and advertising. Understanding the risks of betting, and preventing the compulsion to gamble, begins with education. Education on wagering must start at the core of the matter: the knowledge of probability theory and the relevant mathematical rules applied to evaluate the chances of any lottery prize subdivision. In the subsequent contents you will find a detailed explanation of the mathematical groundworks of lotteries, without recurring to intricate formulas or terms. This will be done through examples of real lotteries, and in some instances by analyzing errors found in official lottery websites. This book does not promise you any secret or system to win the lottery. If there were a systematic way of predicting a winning combination, the numerous authors of the large amount of books on lottery systems would now be millionaires themselves, and would not be selling their findings cheaply.

The Lottery Book

The Lottery Book
Author :
Publisher : Bonus Books, Inc.
Total Pages : 212
Release :
ISBN-10 : 1566251931
ISBN-13 : 9781566251938
Rating : 4/5 (31 Downloads)

Synopsis The Lottery Book by : Don Catlin

This book should be read by everyone who plays the state-run lotteries. Despite the fact that we players all know 'the odds are a million to one' against winning those big jackpots, most of us don't know the nature of these games or the math behind them or, yes, how to most effectively play them. In this groundbreaking book, you will learn: How to increase your chances of winning a jackpot that doesn't have to be shared with other players; How to tell when a jackpot becomes a 'positive expectation' bet and what that really means; How to keep the long arm of the government from getting its hands on significant portions of your wins; How to figure the odds on the various lotteries and the typical scratch-off tickets; How to find 'positive expectation' scratch-off games during special promotions.

How to Win More

How to Win More
Author :
Publisher : CRC Press
Total Pages : 160
Release :
ISBN-10 : 9781466593466
ISBN-13 : 1466593466
Rating : 4/5 (66 Downloads)

Synopsis How to Win More by : Norbert Henze

This book is designed to provide valuable insight into how to improve the return on your investment when playing the lottery. While it does not promise that you will win more often, it does show you how to improve the odds of winning larger amounts when your numbers do come up. So, when you do win that million-dollar jackpot, you will be less likel

The Oxford Handbook of the Economics of Gambling

The Oxford Handbook of the Economics of Gambling
Author :
Publisher : Oxford University Press
Total Pages : 740
Release :
ISBN-10 : 9780199797912
ISBN-13 : 0199797919
Rating : 4/5 (12 Downloads)

Synopsis The Oxford Handbook of the Economics of Gambling by : Leighton Vaughan Williams

This handbook is a definitive source of path-breaking research on the economics of gambling. It is divided into sections on casinos, sports betting, horserace betting, betting strategy motivation, behaviour and decision-making in betting markets prediction markets and political betting, and lotteries and gambling machines.

The Cadillac Lottery System

The Cadillac Lottery System
Author :
Publisher : SP Books
Total Pages : 228
Release :
ISBN-10 : 1561713465
ISBN-13 : 9781561713462
Rating : 4/5 (65 Downloads)

Synopsis The Cadillac Lottery System by : Norm Wildey

The easiest, most successful system yet for hitting any three-number lottery. Every day tens of millions are getting in on the excitement of their local lottery, but they rarely win by playing numbers chosen for sentimental or superstitious reasons. Here is a proven mathematical system which calculates the odds and diagrams the most likely winning numbers.