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Author Topic: Lottery  (Read 1675 times)

KouichiKun

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Lottery
« on: November 23, 2007, 05:31:04 AM »

To me, the lottery is a waste. The odds on it are pathetic and should be changed.

Math: 100 gold, 4 digits, 250 "jackpot" (for today at least)

risk/return 250 (g) / 10^4 x 100 (g)

=.00025

For every 1 gold invested, you will profit .00025 gold. (I think)

It should be at a 1 to 1 ratio or at least 1 to .1 at worst, all that needs to be done is change the winnings, entrance fee, and odds.
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Neji

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Re: Lottery
« Reply #1 on: November 23, 2007, 08:46:10 AM »

you know the risk of normal lotteries?

of $1 invested, from $.95 to $.99 is wasted, statistically speaking.
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taichii

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Re: Lottery
« Reply #2 on: January 04, 2008, 03:04:12 PM »

To me, the lottery is a waste. The odds on it are pathetic and should be changed.

Math: 100 gold, 4 digits, 250 "jackpot" (for today at least)

risk/return 250 (g) / 10^4 x 100 (g)

=.00025

For every 1 gold invested, you will profit .00025 gold. (I think)

It should be at a 1 to 1 ratio or at least 1 to .1 at worst, all that needs to be done is change the winnings, entrance fee, and odds.


hey man i could be worse the odds could be like the real life lottery and if that was the case you stood a better chance of getting struck by lightning than winning
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Baluski

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Re: Lottery
« Reply #3 on: January 04, 2008, 04:46:29 PM »

Please don't revive old topics with posts containing no content.
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