Lottery Strategies - Mega Millions Bonus Number Wrap Up
Mega Millions Bonus Number Wrap Up
In the last two post, Lottery Strategies for Mega Millions Bonus Number and Lottery Strategies - Mega Millions and the Bonus Number, I presented some ideas on how to handle that troublesome Bonus Number. Hopefully, the information will help you improve our chances of winning the lottery jackpot. If you are just tuning in, you should go back an read these posts to bring you up to speed.
Bless their hearts, I received some feedback from some people who simply don’t understand gambling and playing the odds. They apparently want a 100% money back guarantee. They want to be able to push a button and win the lottery every time. There is no such thing as a 100% guarantee; that’s why it’s called gambling. All a gambler can do is play the odds. And, if you’re good at it, over the long haul, it works.
So, when I showed them the odds were 5:1 (80%) that the next Bonus Number would not be one of the last 10 bonus numbers, that wasn’t good enough for them. They are not going to waste their time on such nonsense. So, let me ask them this. If smart money says the odds are 5:1 that the Yankees will win the World Series (sorry Philly - just an example) are they going to ignore that? If smart money says that the favorite to win the Kentucky Derby has odds of 5:1, are they going to ignore that? Some people are just not gamblers and should stay away; far, far away.
But, for those of you with your feet planted firmly on the ground and with a good head on your shoulders, I’m sure you will understand what I am about to show you. You can actually improve your chances while covering all of the bases! Here’s how it’s done.
For example, if you are playing 20 wagers in the next drawing, then take 80% of those (16 wagers) and select your Bonus Numbers from the 36 number list we discussed in the last post. For the remaining 4 wagers, select your Bonus Numbers from the list of the last 10 Bonus Numbers. Now, you are playing the odds and covering all of the bases. This is often times referred to as hedging your bets.
Please, please, please. Don’t email me complaining that this is nonsense. This is exactly what is done by professional traders in the futures market every single day. They protect themselves from a sudden and unforeseen event by playing both sides. Farmers (typically very conservative) do this to financially protect themselves from a crop failure. This is just basic common sense business practice used around the world everyday.
The lottery is the hardest game in the world to win with outrageous odds. The only thing you can do is improve your chances of winning the lottery jackpot. That’s it. There are no guarantees; no absolutes. So, if your spring is wound a little to tight, try to relax and enjoy playing the game. It’s fun playing the lottery. Just don’t take it too seriously. Have fun with it.
