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Colin F
Lotto Systems Tester Creator & Analyst ![]() To dream the impossible dream ... Joined: September 30 2004 Location: Australia Online Status: Offline Posts: 678 |
![]() ![]() ![]() Posted: August 06 2010 at 9:33pm |
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BEST JACKPOT LOTTO GAME IN THE WORLD
by Colin Fairbrother
Lottery operators currently work on the basis of very big Jackpots to draw interest and increase ticket sales. For regular players who accept that in all probability they will never win a Lotto jackpot in their lifetime but still play, of more interest is how often they get a win and the percentage return.
Prize Win £ Odds 1 in
5 Main + Thunderball 500,000 8,060,598
5 Main 5,000 620,046
4 Main + Thunderball 250 47,415
4 Main 100 3,647
3 Main Thunderball 20 1,437
2 Main + Thunderball 10 135
3 Main 10 111
1 Main + Thunderball 5 35
0 Main + Thunderball 3 29
On a Usenet group I posted a set of 14 numbers produced by LottoToWin. The group over the years since 1995 has had contributions from those capable of thinking in this area of interest but now has been taken over by a dozen or so predictionists, loonies and foul mouthed UseNet thugs. Having made the group unbearable to any one with any self respect, they now indulge in trivial abusive banter between themselves somehow thinking the traffic to the group is reading their garbage when in fact I have discovered the overwhelming majority is going to previous articles which the likes of Google have included in their links.
As each of the ThunderBalls were in my set at least a £3 prize would be won for each draw over the 20 week trial. See Numbers Posted or: -
01 04 12 25 35 PB 11
11 16 18 29 34 PB 10 08 24 26 32 33 PB 09 10 17 22 36 37 PB 01 07 13 19 30 38 PB 04 05 06 09 14 27 PB 07 03 15 20 28 31 PB 06 02 21 23 35 39 PB 12 01 02 08 16 36 PB 03 04 17 29 32 39 PB 05 10 11 12 21 33 PB 13 22 23 25 26 34 PB 14 05 18 24 30 37 PB 08 13 14 16 24 31 PB 02 My return percentage of 60% for a LottoToWin set was better than the odds for the five lowest prize levels which indicate a return of 43% is in order.
Percentage Return 167/280 * 100 = 59.64%
By comparison the resident chief predictionist and village idiot in that usenet group Robert Perkis (or Bob P) who deludes himself into thinking he knows something other than nonsense in this field of interest, achieved only a very weak 29% return. A reasonable estimate of his brain size based on his irrational ramblings would indicate his head to be no larger than a pin!
Academics and others justified playing high cost distorted prize range Covers or Wheels that guaranteed a small prize for a disproportionately high cost, purportedly because Lotto players wanted to get a prize in every draw no matter what. (Never did see any statistics to support this argument.)
If you so desperately want a guaranteed prize every draw and play the 163 line cover for the 6/49 game then in the UK you get a guaranteed £10 for an outlay of £163.00 or 6.13%. In the USA the payouts are lower so, for example Washington pays a minimum $3 for an outlay of $81.50 or only 3.68% The UK Thunderball is an unbeatable minimum prize guarantee for a Jackpot Lotto game at 21.43% if playing all the Thunderballs at a cost of £14.
Colin Fairbrother |
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