The Math of Gambling

August 11, 2009

Gambling and mathematics have always been closely linked together.  A new article from New Scientist explores some interesting examples of how using math can help you beat the odds at the Casino.  Here are some of the highlights. Roulette - Remember that guy that sold all of his possessions and put everything he owned on one spin of the roulette wheel?  Well, this is sort of like that, sort of.  What the article advocates is what I would call a “chase” system.  Basically, you pick... 

State Lottery Payouts

May 20, 2008

There are probably more people that play state lottery games than anything else, so let’s take a look at these state lottery payouts. I recently saw a case where the state lottery had a jackpot of nearly $24 million dollars. A nice number for sure, but there were two individuals lucky enough to have all of the numbers and they ended up splitting less than $5 million a piece. Let’s take a look at why this is. Most Trusted Online Casino! In general, to win the grand prize in a typical... 

How Long to Claim Mega Millions Jackpot Winners

March 6, 2008

There are some people out there who seem to misplace their Mega Millions lottery tickets for quite some time. This is not a practice recommended by casino expert Mark Pilarski, as he explains to a reader who noticed while cleaning an old purse the she had $10 worth of Mega Millions lottery tickets she purchased last year in California. After checking out a web site and finding out they were not winners, she was still curious about how long she had to redeem them had she won anything, and what... 

Advice on Picking Lottery Numbers

February 27, 2008

If you haven’t noticed, it seems like a high portion of the jackpots that get hit are split by more than one winner. This is especially true if the jackpot gets up there in the hundreds of millions. Now we can’t really give you much advice on how to beat the odds and pick out the lucky numbers, but we do have a few tips on how you can make sure you put yourself in the best spot to be the only player collecting when your numbers do get called. So how do you make sure you are the only...