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Author Question: Each possible six-number combination of lottery numbers has an equal (and very unlikely) chance of ... (Read 35 times)

urbanoutfitters

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Each possible six-number combination of lottery numbers has an equal (and very unlikely) chance of winning. However, there is a possible edge you can get if you think about people's betting behaviors and the chances of having to split the money or not, if you do pick the winning combination. Give an example of a set of numbers that might give you an edge in that case.

Question 2

In what sense is a coincidence not an improbable event?



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underwood14

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Answer to Question 1

PEOPLE TEND TO BET ON BIRTHDAYS, SO THE NUMBERS 1 TO 12 AND 1 TO 31 ARE MORE COMMON. PEOPLE ALSO TEND TO BET PATTERNED SEQUENCES SUCH AS 5, 10, 15, 20, 25, 30 . SO IF YOU BET ON THESE AND WIN, YOUR CHANCES OF HAVING TO SPLIT THE JACKPOT WILL BE GREATER.

Answer to Question 2

IT IS NOT IMPROBABLE THAT SOMEONE, SOMEWHERE, SOMEDAY WILL EXPERIENCE THESE EVENTS OR SOMETHING SIMILAR. (FOR EXAMPLE, SOMEONE IS GOING TO WIN THE LOTTERY).





 

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