Global War on Terror Version 6 - Perpetual Motion Machine

[JF_Gophers]

Re: Global War on Terror Version 6 - Perpetual Motion Machine

If everyone knew how bad the odds were and didn't play, wouldn't the odds then improve greatly for games based on number of entries?

Catch 22!

[Kepler]

Re: Global War on Terror Version 6 - Perpetual Motion Machine

I buy $10 worth of tickets when the power ball hits half a billion. Pot odds and whatnot.

Still a negative expected value.

[dxmnkd316]

Re: Global War on Terror Version 6 - Perpetual Motion Machine

I buy $10 worth of tickets when the power ball hits half a billion. Pot odds and whatnot.

[FlagDUDE08]

Re: Global War on Terror Version 6 - Perpetual Motion Machine

oddly it seems like a lot of older people play, and here at least the proceeds go to helping the elderly.

So they are self funding their government aid.

The older people around here **** away their social security check at the slot machines.

[FlagDUDE08]

Re: Global War on Terror Version 6 - Perpetual Motion Machine

"The lottery is a tax on poor people and people who can't do math"
Dave Ramsey

If the poor people can do math, they aren't necessarily taxed.

Lotteries supposedly fund schools in New York City-state. I somehow believe that has to be a fairly small percentage...