Why Arbitrage is Not For Most People?

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asked Oct 22, 2019 in Electron Microscopy by alisaprincy (10,120 points)

Lottery players increase their Auto Lotto Processor Review  chances of winning the lottery jackpot using various lottery strategies. Many of my articles and Lotto Blog posts discuss them. Some of these lottery strategies actually lower a player's costs while preserving his chances. And, other lottery strategies can increase a players chances of winning the lottery jackpot while staying within the player's budget.

Lottery strategies like these would easily require several chapters of a book. So, I'll limit the scope of this article to a discussion of the simplest type. In the examples that follow, the last 371 drawings of the Florida Lotto are used, with the last drawing occurring on 7/22/09. Six numbers are drawn out of fifty-three in the Florida Lotto. Everything we need to know is in this table. Anyone following the Florida Lotto closely (any lottery for that matter), knows that the lottery jackpot rarely contains zero odd numbers (all even numbers). How rarely? In the FL653 lottery it only happened 4 times in 371 drawings. This is obvious from the table above. Only 1.00% of all possible wagers have 0 odd numbers. Another way to look at this is that this should happen on the average of once every 100 drawings.

The bottom of this table is also very interesting. It can be seen that a lottery jackpot containing 6 odd numbers is also very rare. This has happened only 4 times in 371 drawings. It is worth noting here that it should happen more often than zero odd numbers does, because it's percentage is higher; 1.29%. Why is that? Because, with 53 number from which to choose, there are 27 odd numbers and 26 even numbers. Therefore, odd numbers have a slight statistical advantage. Based on 1.29%, this should happen on the average of once every 78 drawings.

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