Okay, I've seen SOOO many people get mad about "oversnipes" in lotto. They argue over what an oversnipe is, so I'm just going to define it, and everyone just refer back to this thread. Oversnipe = $900 or less profit!!!!
Finally! I know back in the day an "oversnipe" only applied to somebody that lost money when attempting to snipe. Profit is profit in my opinion... if you want to call the risk vs. reward a different term that's one thing, but please stop using "oversnipe" as a way to whine about losing lotto. Rant over.
oversniping is when you lose money. Because as long as you gain money you make a profit, and if you make a profit then it's a calculated risk. (more tickets = lower risk of losing, lower reward. Less tickets = higher risk of losing, higher reward.)
Oversnipe is when you make less then 25% of what you put in. For example sniping 100 tix to win 125k that's is borderline oversnipe. If your snipe 1000 tix to make 25k that is def oversniper haxorz. Want to find out how i made this desicion??? Forum pm me
Oversniping is.... whatever you make it. Definitions vary. I say it's when you fail to make profit, like @kukelekuuk00 said.
I think that's a matter of opinion. $900 ore less.. Some people, like 3point14mp might snipe 1000 tickets and only 20K and say that's not any profit. I agree however, I don't like over snipes, but there's not much we can do about it.
