Guide to Lotto - Statistics and Strategy

Discussion in 'Basic Tutorials' started by Obblebobble, Feb 9, 2015.

?

How many times did this guide confuse you?

  1. 0 - I'm a maths genius

    51.5%
  2. 1 - Mostly made sense

    12.1%
  3. 2 - I sort of get it

    4.5%
  4. 3 - Ooh look theres $100,000 in lotto let me invest all my money

    7.6%
  5. 4 - I don't even know what lotto is

    4.5%
  6. 5 - What is "Maths"

    15.2%
  7. I divided by 0.

    34.8%
Multiple votes are allowed.
  1. BigB_Man

    BigB_Man Builder
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    Looks like a cool program :p
     
  2. Bad_Boy1_3

    Bad_Boy1_3 The Gambler
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    Okay people. I am here to verify that lotto will make you loose in the long run. I have been a member of this server for over a year now and tbh i have been a lotto addict most of this time. I have made alot of millions lottoying and although numbers look high you start to wonder where this money is. And the simple answer is you lottoed it again! Lotto is neverending lotto is eevil dont lotto be happy ;)



    ❤️❤️ Badboy
     
  3. 314

    314 Irrational GameAdmin, former ServerAdmin
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    Conspirary theory: The evil average 85% you get back has been fulfilled in your case. :D
     
  4. Bad_Boy1_3

    Bad_Boy1_3 The Gambler
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    Hahaha i wish i had that 85% of the 15m i have won in total x) i just lost it ALL and got banned for 150k loan (to lotto ofc) a couple of months ago. Now i am ony at 2m bal and about..4m in assets?
     
  5. Obblebobble

    Obblebobble Vault of ECC - Founder
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    85% is the statistical average. You could earn millions and millions, or in your case, loose it all :)

    One potential reason you don't have anywhere near the 85% of your 15m is because the bets (I am guessing) are not consistent. You may be betting more than you should :)
     
  6. BigB_Man

    BigB_Man Builder
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    GG :p
     
  7. knears2000

    knears2000 Builder
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    Wow, statistically speaking, you're right. Pretty impressive.
     
  8. BigB_Man

    BigB_Man Builder
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  9. Obblebobble

    Obblebobble Vault of ECC - Founder
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    Heh, yeah statistically :) There's always times when people win 3 lottos in a row with 1 ticket or something like that, anything can happen, yet I still suggest avoid it completely.
     
  10. knears2000

    knears2000 Builder
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    I tried to prove it wrong, then realized that it would always be a 15% loss after a bunch of math. Pretty good job my friend, pretty good job.
     
  11. Jonathug_

    Jonathug_ Builder
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  12. Obblebobble

    Obblebobble Vault of ECC - Founder
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  13. goblizz

    goblizz The One and Only
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    Statistically speaking, this is why I am now vowing to myself to not play lotto again :p

    This is a very interesting thread. Thanks for all of the work put into it obblebobble!
     
  14. Obblebobble

    Obblebobble Vault of ECC - Founder
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    Thankyou, much appreciated :)
     
  15. BigB_Man

    BigB_Man Builder
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    *Mindblown*
     
  16. Obblebobble

    Obblebobble Vault of ECC - Founder
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    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]

    Quick update. Will update actual thread with this images shortly, lotto statistics on certain players overall. You can see the first 3 linger around the 15% loss. :)
     
  17. 29dude

    29dude Builder
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  18. matrix_rep

    matrix_rep Runner Up in BB20
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    Can u somehow add me to that?
     
  19. Obblebobble

    Obblebobble Vault of ECC - Founder
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    I didn't do them, found them. @kukelekuuk00
     
  20. BuildsByGideon

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    Lol, I was planing to read it all untill I saw the: "FIRSTLY - DO NOT LOTTO. That is the best advice I can give. However, if you'd like to read into the maths, please continue." Then I diced not too read all of it