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Winning the Lottery

The entire concept of being able to use a computer to Improve Your Chances of Winning the Lottery is bolstered by an understanding of the true meaning of the word Random. With that in mind, I’m going to continue my Random discussion with another real world example that supports my position that Random means opportunity; The Stock Market.

It wasn’t too many years ago that the common belief was that stock prices were a random game of chance. This idea was formally put forth in 1973 in a book by Burton Malkiel called ‘A Random Walk Down Wall Street’. Malkiel’s premise was that the profits earned from carefully selecting five stocks based upon a detailed analysis of their past performance would fare no better than five randomly selected stocks.

For many years the general public seemed to accept this point of view and left stock market investing to the professionals. Today, however, from the top Wall Street investment firms down to the individual investor, no one is taking a random walk.

Stock analysis software abounds. Hundreds of millions of dollars are spent each year on computer analysis of past stock prices with the overall goal of predicting tomorrow’s prices. In fact, today, to invest in the stock market without thoroughly analyzing the stock’s past performance would be considered amateurish, naïve and foolhardy.

So, what’s the secret to successful stock market investing? If you invest intelligently, study the past performance of each stock and apply a basic understanding of probability you can gain an advantage.

This is my philosophy for playing the lottery. How is yours different? The same?

Tags: Improve Your Chances, Winning the Lottery by Professor Dolph
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Winning the Lottery

Lately, I’ve been talking about the misuse and abuse of the word ‘Random’. Understanding the true meaning of this word is very important because it forms the basis of Lottery Number Analysis. The root of every Lottery Software program, including LONA™, is the existence of Lottery Number Patterns and trends. And, they exist, in no small part, because of variations in the randomness of the game.

Let’s test your knowledge by giving you the 3rd Degree.

1. Did you know that there are degrees of randomness?
2. Did you know that some things are more random than others?
3. Did you know that it is possible to control how random something is?

What better way to bring home the importance of these three questions than by looking at the colorful history of the game of Blackjack.

Prior to thirty years ago, the common belief was that if you went to a Casino to play Blackjack, you would lose. After all, it was a random game of chance and the odds were in favor of the Casino. But, after some MIT wiz-kids figured out how to play properly, the bottom line at the Casinos turned red and started leaking like a sieve.

So, how did the casinos respond? They took action to make the game MORE RANDOM. Automatic shufflers were installed. Cards were dealt from a boot. Two decks of cards were used; then multiple decks. Profiling was used to identify card counters and ban them from the casino. In other words, as long as you don’t know what you are doing, you are welcome to play Blackjack in a casino. But, the key to this discussion are the words ‘MORE RANDOM’. If it was already a random game of chance, how could it made MORE RANDOM?

Exactly my point!

Since the stock market seems to have everyone’s attention lately, I’ll talk about it tomorrow.

Tags: Lottery Number Analysis, Lottery Number Patterns, Lottery Software, Winning the Lottery by Professor Dolph
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