Lottery: Does anybody have a method?
Thx in advance. Tgold
I found the following lottery story interesting. Three europeans bought 99% of possible number combos to profit 20 million from Texas lottery.
https://www.breitbart.com/europe/2024/1 ... s-lottery/
Lottery
Moderators: 220Inside, DarthNater
Re: Lottery
There are consortiums around the world that do similar things, both with lotteries and with (believe it or not) keno progressive bonuses in gaming markets like Las Vegas. With Keno they do essentially the same thing as with lotto, they buy every possible combination of numbers when the bonus jackpot gets to a level sufficient to provide a profit. The PROBLEM with this is that these large "jackpots" attract multiple groups with the same approach, so they end up with multiple winners splitting the jackpot. If that happens it's quite possible that the winners will spend two to three times as much on tickets as they'll win on the bonus. Surprise Surprise Surprise.
"Get in, get up, and get gone."
- Heavy
- Heavy
Re: Lottery
Thx Heavy for your reply. I agree with your theory.
Heavy up above:
"The PROBLEM with this is that these large "jackpots" attract multiple groups with the same approach, so they end up with multiple winners splitting the jackpot. If that happens it's quite possible that the winners will spend two to three times as much on tickets as they'll win on the bonus."
I know a group of business owners in Ft Smith, Ar that use to monitor the Oaklawn horses Pick6 carryover. This was many years ago before all the simulcast/online racing sites. If it reached a certain level they would each contribute a few thousand for the number of tickets they had calculated would provide the greatest potential vs risk. Then one of them would travel to place bets at Oaklawn. They did well with their approach. Like you mentioned above the trick was to NOT have to share with other winners that may have only purchased one wager.
In the original article I found the following interesting as I was not aware of such an option.
"...In March, a woman in Texas who did not match a single number still won a $250,000 lottery jackpot, KXAN reported at the time.
“Texas Lottery’s ‘All or Nothing’ game gives customers a chance to win by matching all 12 numbers drawn, or none at all. The odds of winning either way are 1 in 2,704,156,..."
Heavy up above:
"The PROBLEM with this is that these large "jackpots" attract multiple groups with the same approach, so they end up with multiple winners splitting the jackpot. If that happens it's quite possible that the winners will spend two to three times as much on tickets as they'll win on the bonus."
I know a group of business owners in Ft Smith, Ar that use to monitor the Oaklawn horses Pick6 carryover. This was many years ago before all the simulcast/online racing sites. If it reached a certain level they would each contribute a few thousand for the number of tickets they had calculated would provide the greatest potential vs risk. Then one of them would travel to place bets at Oaklawn. They did well with their approach. Like you mentioned above the trick was to NOT have to share with other winners that may have only purchased one wager.
In the original article I found the following interesting as I was not aware of such an option.
"...In March, a woman in Texas who did not match a single number still won a $250,000 lottery jackpot, KXAN reported at the time.
“Texas Lottery’s ‘All or Nothing’ game gives customers a chance to win by matching all 12 numbers drawn, or none at all. The odds of winning either way are 1 in 2,704,156,..."
All the best,
Tgold
Tgold