Joined: Apr '09
Location: Australia
Age: 42 (M)
Posts: 6483
Posted by shokaku:
Posted by Davoodoo: Last week i bought over 1 K tickets and didnt win ... thats 10 $ down the toilet
A lottery is allway -ev.
actually, a lottery with no house edge. And I believe BRM is like that, we all just contribute to the pot with no 'rake' means it is +/- EV or however you'd express it, neutral, mathematically should play out to break-even over a long enough period of time.
