Instead of you paying a dollar for a ticket, they give you a dollar. And if you match any numbers, you have to pay the corresponding prize amount. If you match all six numbers, you lose everything you own.
Would you play? Why or why not?
2007-11-28 11:42:41 · 4 answers · asked by rainfingers 4 in Games & Recreation ➔ Gambling
It depends on the amount of edge that I have. For example, the state lottery has around a 45% return, and in addition to that, most people collect the 50% immediate payment, resulting in a 60% or higher edge to the state. If you had a similar edge, it would be of tremendous value, especially if "everything you own" is way less than the typical lottery jackpot is (which for most people it certainly is).
2007-11-28 12:50:10 · answer #1 · answered by Jesse W 2 · 0⤊ 0⤋
Seems like the most you could win is a dollar, right? If you match ANY numbers you have to pay...eventually, you're going to be living under a bridge. So, NO, I wouldn't play.
2007-11-28 19:51:58 · answer #2 · answered by Lisa b 6 · 0⤊ 0⤋
I wouldn't cause knowing my luck I'd get a million dollars...... However if it was normal lottery I'd get like 5 cents =(
2007-11-28 19:46:49 · answer #3 · answered by dragonknightofblood 2 · 0⤊ 0⤋
If everything I own includes the all the bills I might consider it!
2007-11-28 21:19:21 · answer #4 · answered by just me 2 · 1⤊ 0⤋