Statistics show us many things that can be both useful and unusable for many reasons.There are many good examples of interesting facts and stats that are not very relevant to our everyday lives. Did you know, for example, that in 1985 the official NASA statistical probability for an accident to occur to a space shuttle was 100,000 to 1. After the Challenger disaster it is now 100 to 1!
So imagine the surprise of spectators when Danny Leake, an amateur golfer, achieved an unbelievable ‘hole in one’ on the same hole two days in a row at a tournament in Texas (something that is so unusual the odds of it happening have never been calculated). Pity such a lucky guy didn’t play the lottery that day instead!
What would you think of a guy who earned a regular working man’s wage but spent most of it on lottery tickets? Well theer is a New York man who does just that.Ray Otero foolishly believes that buy ploughing his money into lottery tickets he is increasing his chances of winning a jackpot prize with each purchase (by sheer number of tickets).
However, Ray fails to understand that simply buying more tickets does not increase your chances of winning a prize at all! All randomly bought tickets have exactly the same chance of winning as each other regardless of how many you buy!
Statistics can tell us some depressing things. For example, if someone purchases a UK lottery ticket on a Monday, for a weekend draw, they are more likely to be dead when the draw takes place than they are of winning the jackpot prize!
This unfortunate statistic is true because you have a 14,000,000 to 1 chance of winning a jackpot on a 6 from 49 draw and the odds of being struck by lightning are killed by lightning are roughly 2650000 to 1.These low odds apply to every ticket you buy. Therefore ray Otero’s approach does not increase his odds of winning a top prize!
However, it is possible to increase your chances of winning the lottery when you use the mathematical statistics to your advantage. Wheeling lottery numbers is probably the best known and easiest to use lottery system that greatly increases your chances of winning.
When you wheel and extra number in your pick of 6, so that you pick 7 numbers instead and then “wheel” so that all numbers end up on a ticket together two things happen. You have to buy more tickets therefore your lottery stake money goes up. But, an interesting thing happens – your odds of winning go up in leaps and bounds.
In the UK lottery just wheeling an extra number (so you pick 7 numbers instead of the standard 6) you reduce your odds of winning from 14,0000,000 to 1 to only 500,000 to 1!
So, if Mr. Otero had only played a 6 from 49, or similar type of lottery, and wheeled his numbers he may well be a very wealthy man by now.
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