Lottery Statistics - That’s odd.
Skeptics of lottery trends don’t hesitate to roll out this statement in defense of their position. “All wagers are equally likely to win.” This may surprise you but I agree with this statement. However, at the same time, I’m not going to play 1-11-19-27-35-47 as a wager in the next drawing. Why not? Because, the wager contains all odd numbers and lottery statistics indicate that it is a poor bet.
Let’s use a graph to make my point. Let’s analyze all 25,827,165 possible wagers in the Lotto Texas 6/54 lottery. The LONA™ software will classify each wager by the quantity of odd numbers present in the wager. The bottom of the graph shows how many odd numbers there are in a wager; ranging from 0 to 6. The left side shows how many wagers meet that requirement.
The graph clearly shows that, relatively speaking, there are not very many wagers with 6 odd numbers. In fact, only 1% of all possible winning wagers contain 6 odd numbers. So, the odds are 1:100 that the winning numbers will all be odd. Notice the same is true for 0 odd numbers; in other words all even. Not a good bet.
How many of you regularly bet on hundred to one shots?
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