Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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quote:
Originally posted by Captain_Rosco
Paul ?
Is THIS you ?
[Edited on 13-02-2010 by Captain_Rosco]
My twitter would suggest yes
My bank account would suggest no 
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Limecat
Banned
Registered: 25th Jun 05
Location: The Internet
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quote:
Originally posted by Paul_J
quote:
Originally posted by LETGSI16V
quote:
Originally posted by Paul_J
quote:
Originally posted by Cosmo
quote:
Originally posted by Paul_J
screw it, I'm gonna buy a ticket now... I know the chance of me winning is so slim, but f*ck it.
1 in 76,275,360
and in reply to Neo...
Thing is, you don't have as much chance as any one else.
if there's a syndicate at a big company... Say 1000 lines... it's then 76,000 ish to 1. A lot more likely than me winning.
I've always thought, how cool it'd be if someone bought say 100,000 tickets of normal lottery or whatever.
e.g. £500,000 spent on lottery tickets for £113 mil jackpot... worth while investment and makes the odds only 153 to 1.
However, this is what always gets me...
Flipping a coin is 50:50... 2 to 1.
If I said to you, bet £500,000 on the next coin flip being heads, it wouldn't be a particularly safe bet and you'd definately feel there's quite a probable chance you may lose.
so 153 to 1... is still very unlikely!
Not as simple as you are claiming. You have no grasp of maths.
Yeah good one, GCSE, A-Level and the modules in maths from my degree would say otherwise.
I think you've mis read what i was saying
The two points I was trying to make were:
1. Ok, every ticket has the same chance of winning, but not 'every person' has the same chance, as people who hold more tickets technically have a greater probability - despite each ticket held having the same probability.
and.
2. I was saying that even if you bought £500,000 tickets, the chance of winning is still very remote.
[Edited on 13-02-2010 by Paul_J]
Nice edit but you are still wrong.
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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Go on then.
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Limecat
Banned
Registered: 25th Jun 05
Location: The Internet
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I will give you a clue...1000 tickets doesn't drop the figures laterally as you claim. I am a bit shit-faced at present so will explain it tomorrow afternoon! lmao
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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quote:
Originally posted by LETGSI16V
I will give you a clue...1000 tickets doesn't drop the figures laterally as you claim. I am a bit shit-faced at present so will explain it tomorrow afternoon! lmao
Yeah, I'm not claiming the maths in working out the probabilty is correct... as I said in that last post:
The two points I was trying to make were:
1. Ok, every ticket has the same chance of winning, but not 'every person' has the same chance, as people who hold more tickets technically have a greater probability - despite each ticket held having the same probability.
and.
2. I was saying that even if you bought £500,000 tickets, the chance of winning is still very remote.
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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hmm...
http://mathforum.org/dr.math/faq/faq.prob.world.html
suggests I was right? 
quote:
What would happen if you bought 7 million tickets?
If you picked a different combination of six numbers for each of those 7 million tickets, you'd have 7 million of the possible winning combinations and the numerator of your probability fraction would therefore be 7 million. Given the second lottery, with a sample space of 14 million possible combinations, the probability of winning the lottery is 7 million/14 million, a probability of 50%.
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