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Playing the Odds

Playing the Odds

Lottery Number Advisor Below, I have repeated the last paragraph from my last post, Lottery Strategies - Playing the Odds.

Let’s understand something here. We have no more idea of which numbers will be drawn in the next drawing than anyone else. The same is true in other forms of gambling like Poker or BlackJack. The player doesn’t know which card will be dealt next. But, he is observant and plays the odds. Does he win every hand? Of course not. But, over time, he does pretty well.

Skeptics, bless their hearts, are an interesting group. They refuse to believe a word I say but, undeterred, they seem to read every one of them, waiting for that one sentence (taken out of context) that they believe contradicts everything I’ve ever said or written about the lottery. Having been through this many times, I should have seen it coming. The second sentence in the above paragraph has caused skeptics to go into a frenzy not unlike the prepubescent mob scene witnessed at the latest Jonas Brothers concert.

But, just to demonstrate that I don’t bare them any ill will and don’t stick pins into a skeptic voodoo doll every night before retiring, I’ve published one of their comments under the last post, if you’d care to go back and read it. Not surprisingly, they have missed the point(s) I made in that post and many others.

Playing the Odds

Playing the odds is what everybody does in everything from Poker, BlackJack, Horse Racing, Dog Racing, Stock Market, Futures Market and in thousands of ways in business, industry and government everyday. They analyze history (data record) to find trends and patterns. All of these data records are considered to be a series of random events. Billions are spent doing this each year.

But, when I show lottery players that they can do the same thing, skeptics spit, sputter and roar that it can’t be done. The very next day the skeptics buy or sell some stock at the recommendation of their broker, read some government forecast in the Wall Street Journal and, that evening, go over to a friends house to play Texas holdem.  All the while, oblivious to their own duplicity.

Lottery Strategies - Playing the Odds

Lottery Strategies

Lottery Number AdvisorIn the last post, Lottery Tips - Birthday Bias, I showed all of you that insist on using important dates as your lottery numbers, how to do it right; how to play the odds.  But, even if you’re a serious lottery player, like me, that doesn’t put a lot of stock in the lucky date strategy, you can benefit from knowledge gained from the graph below.  It’s the same graph that I used in the last post. I repeated it here for your convenience. I’m going to use the AZ539 lottery for this example.

Lottery Jackpots

Here’s the scenario. You’re a serious lottery player and use the 80% rule that I recommend to determine the size of your play list. The size of the Arizona lotto is 39 numbers, therefore, the play list should contain 31 numbers. You use the analysis power of LONA™ to help you create your play list. You’re confident in your analysis and decide to be more aggressive. Your play list contains 29 numbers.

Of course, many of the numbers in your play list will be between 1 and 31. They didn’t end up in your list because they are your wife’s birthday or your anniversary, but because of your diligent efforts in handicapping the AZ539 lottery.

You decide to place 100 wagers using the play list you created. Here’s your list.

1  2  3  4  7  9  10  11  13  14  15  16  17  19  21  22  24  25  26  27  28  29  31  32  33  35  37  38  39

Historically, 37% of the winning tickets are made up of numbers between 1 and 31.  Therefore, you use LONA™ to create 37 wagers from the numbers in your play list that fall between 1 and 31.

1  2  3  4  7  9  10  11  13  14  15  16  17  19  21  22  24  25  26  27  28  29  31

Next, you use LONA™ to create 63 wagers from the full 29 number list. You now have your 100 wagers for the next drawing. This is called playing the odds.

Let’s understand something here. We have no more idea of which numbers will be drawn in the next drawing than anyone else. The same is true in other forms of gambling like Poker or BlackJack. The player doesn’t know which card will be dealt next. But, he is observant and plays the odds. Does he win every hand? Of course not. But, over time, he does pretty well.