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The Sandbox - Houston The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here. If it's NOT an adult-themed topic, then it belongs here

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Old 01-24-2021, 04:49 AM   #16
pxmcc
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Join Date: Apr 8, 2013
Location: houston, tx
Posts: 9,806
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Quote:
Originally Posted by VitaMan View Post
It is a better value now.


That is, if you prefer getting 0 of $ 33 million, or 0 or $ 850 million.
Most people that play the lotto prefer getting 0 of $ 850 million.
VM, heres how you do expectation: chance of winning times the winning payout -chance of losing×how much you would lose. believe it or not, the math is pretty simple. its a combination where you do say 60 choose 5, and voila you got your expectation. plus is good and minus is bad..
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