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The Chip Board Archive 20

Re: The odds are 966 to 1 on you winning

" The payoff is 483:1 so if less than 1/2 of the tickets are sold, and the prize doesn't change the n the odds are in your favor."

The price changes to the relation of tickets sold.
I had once read, but have since forgotten that with games of chance such as this there is a point where it pays to enter. I am trying to see if this is one of those times.
Barry.

Messages In This Thread

Question for the Odds Makers and Statisticans..
(Message Deleted by Poster)
I Think You Should Be My Accountant vbg
Re: Question for the Odds Makers and Statisticans.
Re: Question for the Odds Makers and Statisticans.
Huh???
The odds are 966 to 1 on you winning
Re: The odds are 966 to 1 on you winning
Re: The odds are 966 to 1 on you winning
Re: Question for the Odds Makers and Statisticans.
Here is what you missed
Re: Here is what you missed
Steve, Your thinking about this the wrong way.
Re: Steve, Your thinking about this the wrong way.
But hose are he odds of winning just one prize.
OOps, I mean 1 in 2 or 50%

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