Roulette Lottery & Parachute - Flat betting -

This is only for fun and I was thinking about the lottery and the probability to be - part corrected -
Let's assume that you have a public watching a football game where the odds is 2.05 - 3.00 - 1,98
1X2 now some will bet that the Favorite will win, some part of the public watching the game.
The other side will bet on the underdog and one part of the public will be right and win.

Now let's assume I prefer playing roulette and win small amounts rather than buy a ticket for the lottery.
Keno or any other.
Now, most of the times I will have one or two or several numbers right at the draw of the results.
Partly corrected.
But I will not match all my numbers.

Now I download Random Org App to my mobile phone - Yes I am a TRNG Junkie

Then I list the likelihood of 50% being right or wrong for each amount of the numbers for each location.
Binomial calculation.

EC 1 attempt
Dozen 2 attempt
Line 4 attempt
Corner 6 attempt
Street 8 attempts
Split 12 attempt
Single nr 25 attempt

Then I wrote a list on my notepad for each amount of number to play for each location.
Start the random org app and pick my lottery numbers for each location

1 - 18 nr
2 - 12 nr
4 - 6 nr
6 - 4 nr
8 - 3 nr
12 - 2 nr
25 - 1 nr

Now to achieve flat betting and make the profit you need two wins twice within all locations and numbers.
Assume you win at Line location as you first win, then you regress one step back and continue playing.

This is the results I got from my independent wheel when testing the lottery numbers or my tickets blueprint parachute lottery ticket.

L LW W

W W

L LL LW LL W

L W L LL LLLL LLLW

L LL LLLL LLLLLL LLLLLW LLLLLL LLLLLLLL LLLLLLLLLW

A whole loss with not achieving two winnings would look like this.

L LL LLLL LLLLLL LLLLLLLL LLLLLLLLLLLL LLLLLLLLLLLLLLLLLLLLLLLLL

Cheers Patrik

 

Lottos are one of those lottery devices that no one seems to want despite its long history. There is something to be said for pure randomness in a world where we are embedded in a complex web of circumstances and intentions.

 

I adore Lotto, it's my favorite.

 

My favorite too.