The Mathematics Of Lottery

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The Mathematics of Lottery

Author : Catalin Barboianu
Publisher : INFAROM Publishing
ISBN 13 : 9731991115
Total Pages : 204 pages
Book Rating : 4.7/5 (319 download)

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Book Synopsis The Mathematics of Lottery by : Catalin Barboianu

Download or read book The Mathematics of Lottery written by Catalin Barboianu and published by INFAROM Publishing. This book was released on 2009-03 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is a complete mathematical guide to lottery games, covering all of the problems related to probability, combinatorics, and all parameters describing the lottery matrices, as well as the various playing systems. The mathematics sections describe the mathematical model of the lottery, which is in fact the essence of the lotto game. The applications of this model provide players with all the mathematical data regarding the parameters attached to the gaming events and personal playing systems. By applying these data, one can find all the winning probabilities for the play with one line (for each category in part or cumulatively), and how these probabilities change with playing the various types of systems containing several lines, depending on their structure. Also, each playing system has a formula attached that provides the number of possible multiple prizes in various circumstances. Other mathematical parameters of the playing systems and the correlations between them are also presented. The generality of the mathematical model and of the obtained formulas allows their application for any existent lottery (including variations like Keno) and any playing system. Each formula is followed by numerical results covering the most frequent lottery matrices worldwide and by multiple examples predominantly belonging to the 6/49 lottery. The listing of the numerical results in dozens of well-organized tables, along with instructions and examples of using them, makes possible the direct usage of this guide by players without a mathematical background. The author also discusses from a mathematical point of view the strategies of choosing involved in the lotto game. The book does not offer so-called winning strategies (proving that the only strategy is that of choosing), but helps players to better organize their own playing systems and to confront their own convictions (so many times based on false perceptions) with the incontestable reality offered by the direct applications of the mathematical model of the lotto game. As a must-have handbook for any lottery player, this book offers essential information about the game itself and can provide the basis for gaming decisions of any kind.

Understanding Lottery Mathematics

Author : Jaime Aguirre
Publisher :
ISBN 13 : 9780244190668
Total Pages : 476 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis Understanding Lottery Mathematics by : Jaime Aguirre

Download or read book Understanding Lottery Mathematics written by Jaime Aguirre and published by . This book was released on 2019-06-04 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the subsequent contents you will find a detailed explanation of the mathematical groundworks of sweepstakes, without recurring to intricate formulas or terms. This will be done through examples of real draws, and in some instances by analyzing errors found in official lottery websites. This book does not promise you any secret or system to win the lottery. If there were a systematic way of predicting a winning combination, the numerous authors of the large amount of books on lottery systems would now be millionaires themselves, and would not be selling their findings cheaply.

The Lottery Book

Author : Don Catlin
Publisher : Bonus Books, Inc.
ISBN 13 : 9781566251938
Total Pages : 212 pages
Book Rating : 4.2/5 (519 download)

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Book Synopsis The Lottery Book by : Don Catlin

Download or read book The Lottery Book written by Don Catlin and published by Bonus Books, Inc.. This book was released on 2003 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book should be read by everyone who plays the state-run lotteries. Despite the fact that we players all know 'the odds are a million to one' against winning those big jackpots, most of us don't know the nature of these games or the math behind them or, yes, how to most effectively play them. In this groundbreaking book, you will learn: How to increase your chances of winning a jackpot that doesn't have to be shared with other players; How to tell when a jackpot becomes a 'positive expectation' bet and what that really means; How to keep the long arm of the government from getting its hands on significant portions of your wins; How to figure the odds on the various lotteries and the typical scratch-off tickets; How to find 'positive expectation' scratch-off games during special promotions.

Mathematics of Keno and Lotteries

Author : Mark Bollman
Publisher : CRC Press
ISBN 13 : 1351756303
Total Pages : 328 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Mathematics of Keno and Lotteries by : Mark Bollman

Download or read book Mathematics of Keno and Lotteries written by Mark Bollman and published by CRC Press. This book was released on 2018-04-17 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematics of Keno and Lotteries is an elementary treatment of the mathematics, primarily probability and simple combinatorics, involved in lotteries and keno. Keno has a long history as a high-advantage, high-payoff casino game, and state lottery games such as Powerball are mathematically similar. MKL also considers such lottery games as passive tickets, daily number drawings, and specialized games offered around the world. In addition, there is a section on financial mathematics that explains the connection between lump-sum lottery prizes (as with Powerball) and their multi-year annuity options. So-called "winning systems" for keno and lotteries are examined mathematically and their flaws identified.

Probability Guide to Gambling

Author : Catalin Barboianu
Publisher : INFAROM Publishing
ISBN 13 : 9738752035
Total Pages : 340 pages
Book Rating : 4.7/5 (387 download)

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Book Synopsis Probability Guide to Gambling by : Catalin Barboianu

Download or read book Probability Guide to Gambling written by Catalin Barboianu and published by INFAROM Publishing. This book was released on 2006 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, gamblers have begun taking mathematics into account more seriously than ever before. While probability theory is the only rigorous theory modeling the uncertainty, even though in idealized conditions, numerical probabilities are viewed not only as mere mathematical information, but also as a decision-making criterion, especially in gambling. This book presents the mathematics underlying the major games of chance and provides a precise account of the odds associated with all gaming events. It begins by explaining in simple terms the meaning of the concept of probability for the layman and goes on to become an enlightening journey through the mathematics of chance, randomness and risk. It then continues with the basics of discrete probability (definitions, properties, theorems and calculus formulas), combinatorics and counting arguments for those interested in the supporting mathematics. These mathematic sections may be skipped by readers who do not have a minimal background in mathematics; these readers can skip directly to the "Guide to Numerical Results" to pick the odds and recommendations they need for the desired gaming situation. Doing so is possible due to the organization of that chapter, in which the results are listed at the end of each section, mostly in the form of tables. The chapter titled "The Mathematics of Games of Chance" presents these games not only as a good application field for probability theory, but also in terms of human actions where probability-based strategies can be tried to achieve favorable results. Through suggestive examples, the reader can see what are the experiments, events and probability fields in games of chance and how probability calculus works there. The main portion of this work is a collection of probability results for each type of game. Each game's section is packed with formulas and tables. Each section also contains a description of the game, a classification of the gaming events and the applicable probability calculations. The primary goal of this work is to allow the reader to quickly find the odds for a specific gaming situation, in order to improve his or her betting/gaming decisions. Every type of gaming event is tabulated in a logical, consistent and comprehensive manner. The complete methodology and complete or partial calculations are shown to teach players how to calculate probability for any situation, for every stage of the game for any game. Here, readers can find the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. Collections of odds are presented, as well as strategic recommendations based on those odds, where necessary, for each type of gaming situation. The book contains much new and original material that has not been published previously and provides great coverage of probabilities for the following games of chance: Dice, Slots, Roulette, Baccarat, Blackjack, Texas Hold'em Poker, Lottery and Sport Bets. Most of games of chance are predisposed to probability-based decisions. This is why the approach is not an exclusively statistical one (like many other titles published on this subject), but analytical: every gaming event is taken as an individual applied probability problem to solve. A special chapter defines the probability-based strategy and mathematically shows why such strategy is theoretically optimal.

Playing Smarter, Using Math

Author : Professor B. D.
Publisher :
ISBN 13 : 9781520856711
Total Pages : 35 pages
Book Rating : 4.8/5 (567 download)

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Book Synopsis Playing Smarter, Using Math by : Professor B. D.

Download or read book Playing Smarter, Using Math written by Professor B. D. and published by . This book was released on 2017-03-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amazon best-selling author and professor of Mathematics Professor B.D. uses his teaching talents to explain the mathematics behind the Powerball lottery, and uses statistics in a way that anyone can learn and understand to introduce a new, 'smarter' method on how to play the lottery. As he promises there are no tricks or gimmicks here, just sound mathematical principals.

Math with Bad Drawings

Author : Ben Orlin
Publisher : Black Dog & Leventhal
ISBN 13 : 0316509027
Total Pages : 556 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis Math with Bad Drawings by : Ben Orlin

Download or read book Math with Bad Drawings written by Ben Orlin and published by Black Dog & Leventhal. This book was released on 2018-09-18 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hilarious reeducation in mathematics-full of joy, jokes, and stick figures-that sheds light on the countless practical and wonderful ways that math structures and shapes our world. In Math With Bad Drawings, Ben Orlin reveals to us what math actually is; its myriad uses, its strange symbols, and the wild leaps of logic and faith that define the usually impenetrable work of the mathematician. Truth and knowledge come in multiple forms: colorful drawings, encouraging jokes, and the stories and insights of an empathetic teacher who believes that math should belong to everyone. Orlin shows us how to think like a mathematician by teaching us a brand-new game of tic-tac-toe, how to understand an economic crises by rolling a pair of dice, and the mathematical headache that ensues when attempting to build a spherical Death Star. Every discussion in the book is illustrated with Orlin's trademark "bad drawings," which convey his message and insights with perfect pitch and clarity. With 24 chapters covering topics from the electoral college to human genetics to the reasons not to trust statistics, Math with Bad Drawings is a life-changing book for the math-estranged and math-enamored alike.

How Not to Be Wrong

Author : Jordan Ellenberg
Publisher : Penguin Press
ISBN 13 : 1594205221
Total Pages : 480 pages
Book Rating : 4.5/5 (942 download)

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Book Synopsis How Not to Be Wrong by : Jordan Ellenberg

Download or read book How Not to Be Wrong written by Jordan Ellenberg and published by Penguin Press. This book was released on 2014-05-29 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brilliant tour of mathematical thought and a guide to becoming a better thinker, How Not to Be Wrong shows that math is not just a long list of rules to be learned and carried out by rote. Math touches everything we do; It's what makes the world make sense. Using the mathematician's methods and hard-won insights-minus the jargon-professor and popular columnist Jordan Ellenberg guides general readers through his ideas with rigor and lively irreverence, infusing everything from election results to baseball to the existence of God and the psychology of slime molds with a heightened sense of clarity and wonder. Armed with the tools of mathematics, we can see the hidden structures beneath the messy and chaotic surface of our daily lives. How Not to Be Wrong shows us how--Publisher's description.

The Perfect Bet

Author : Adam Kucharski
Publisher : Basic Books
ISBN 13 : 0465098592
Total Pages : 194 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis The Perfect Bet by : Adam Kucharski

Download or read book The Perfect Bet written by Adam Kucharski and published by Basic Books. This book was released on 2016-02-23 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An elegant and amusing account" of how gambling has been reshaped by the application of science and revealed the truth behind a lucky bet (Wall Street Journal). For the past 500 years, gamblers-led by mathematicians and scientists-have been trying to figure out how to pull the rug out from under Lady Luck. In The Perfect Bet, mathematician and award-winning writer Adam Kucharski tells the astonishing story of how the experts have succeeded, revolutionizing mathematics and science in the process. The house can seem unbeatable. Kucharski shows us just why it isn't. Even better, he demonstrates how the search for the perfect bet has been crucial for the scientific pursuit of a better world.

Basic Gambling Mathematics

Author : Mark Bollman
Publisher : CRC Press
ISBN 13 : 1482208938
Total Pages : 285 pages
Book Rating : 4.4/5 (822 download)

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Book Synopsis Basic Gambling Mathematics by : Mark Bollman

Download or read book Basic Gambling Mathematics written by Mark Bollman and published by CRC Press. This book was released on 2014-06-13 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand the Math Underlying Some of Your Favorite Gambling Games Basic Gambling Mathematics: The Numbers Behind the Neon explains the mathematics involved in analyzing games of chance, including casino games, horse racing, and lotteries. The book helps readers understand the mathematical reasons why some gambling games are better for the player than others. It is also suitable as a textbook for an introductory course on probability. Along with discussing the mathematics of well-known casino games, the author examines game variations that have been proposed or used in actual casinos. Numerous examples illustrate the mathematical ideas in a range of casino games while end-of-chapter exercises go beyond routine calculations to give readers hands-on experience with casino-related computations. The book begins with a brief historical introduction and mathematical preliminaries before developing the essential results and applications of elementary probability, including the important idea of mathematical expectation. The author then addresses probability questions arising from a variety of games, including roulette, craps, baccarat, blackjack, Caribbean stud poker, Royal Roulette, and sic bo. The final chapter explores the mathematics behind "get rich quick" schemes, such as the martingale and the Iron Cross, and shows how simple mathematics uncovers the flaws in these systems.

The Improbability Principle

Author : David J. Hand
Publisher : Scientific American / Farrar, Straus and Giroux
ISBN 13 : 0374711399
Total Pages : 289 pages
Book Rating : 4.3/5 (747 download)

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Book Synopsis The Improbability Principle by : David J. Hand

Download or read book The Improbability Principle written by David J. Hand and published by Scientific American / Farrar, Straus and Giroux. This book was released on 2014-02-11 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Improbability Principle, the renowned statistician David J. Hand argues that extraordinarily rare events are anything but. In fact, they're commonplace. Not only that, we should all expect to experience a miracle roughly once every month. But Hand is no believer in superstitions, prophecies, or the paranormal. His definition of "miracle" is thoroughly rational. No mystical or supernatural explanation is necessary to understand why someone is lucky enough to win the lottery twice, or is destined to be hit by lightning three times and still survive. All we need, Hand argues, is a firm grounding in a powerful set of laws: the laws of inevitability, of truly large numbers, of selection, of the probability lever, and of near enough. Together, these constitute Hand's groundbreaking Improbability Principle. And together, they explain why we should not be so surprised to bump into a friend in a foreign country, or to come across the same unfamiliar word four times in one day. Hand wrestles with seemingly less explicable questions as well: what the Bible and Shakespeare have in common, why financial crashes are par for the course, and why lightning does strike the same place (and the same person) twice. Along the way, he teaches us how to use the Improbability Principle in our own lives—including how to cash in at a casino and how to recognize when a medicine is truly effective. An irresistible adventure into the laws behind "chance" moments and a trusty guide for understanding the world and universe we live in, The Improbability Principle will transform how you think about serendipity and luck, whether it's in the world of business and finance or you're merely sitting in your backyard, tossing a ball into the air and wondering where it will land.

The Luck of the Draw

Author : Peter Stone
Publisher : Oxford University Press
ISBN 13 : 0199756104
Total Pages : 208 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis The Luck of the Draw by : Peter Stone

Download or read book The Luck of the Draw written by Peter Stone and published by Oxford University Press. This book was released on 2011-04-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Largely, this is because lottery-based decisions are not based upon reasons.

Casanova's Lottery

Author : Stephen M. Stigler
Publisher : University of Chicago Press
ISBN 13 : 0226820793
Total Pages : 252 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Casanova's Lottery by : Stephen M. Stigler

Download or read book Casanova's Lottery written by Stephen M. Stigler and published by University of Chicago Press. This book was released on 2022-10-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In 1994, historian Stephen Stigler placed a mail-order purchase for a rare bit of ephemera from a French bookstore: a lottery Almanac from 1834. It contained the winning numbers for the entire span of the French Loterie from 1758 onward, including details on prizes actually awarded-difficult data to come by-as well as hand-written notes by an early owner. Stigler was fascinated with what he saw about how the Loterie was carried out, who bought tickets, and what size bets they placed, and so in the decades that followed he amassed booklets, legal documents, advertising bills, notices, contracts, and tickets. His own collection and extensive additional research helped him piece together the Loterie's remarkable inner workings, as well as its implications for how we understand the history of risk more broadly. In the 1750s at the urging of famed philandering adventurer Giocomo Casanova (who had recently escaped from a Venetian prison by means of a sharpened iron, an accomplice, a rope of bed sheets, and a stolen gondola), the French state began to embrace risk in its approach to the Loterie. The prize amounts varied depending on the number of tickets bought, and the amount of the bet was determined by each individual bettor. The state could lose money on any individual lot but was statistically guaranteed it would come out on top in the long run. Stigler follows the Loterie from its curious inception to a 1776 expansion, to its interruption during the French Revolution (but only with the Terror of 1793), to its renewal in 1797 and further expansion, and finally to its suppression in 1836, examining throughout the wider question of how members of the public came to trust in new financial technologies and believe in their value"--

The Secret Statistical Formula for Winning the Powerball Lottery

Author : Carlo Di Carlo
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.6/5 (171 download)

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Book Synopsis The Secret Statistical Formula for Winning the Powerball Lottery by : Carlo Di Carlo

Download or read book The Secret Statistical Formula for Winning the Powerball Lottery written by Carlo Di Carlo and published by . This book was released on 2020-02-23 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever wondered if there was a secret statistical formula to calculate the Probability of Winning the Powerball Lottery?!Well, there is!! You have to read the book to learn more about this Secret Formula! In this book I use this formula to calculate the probability of winning with 5 out of 5 numbers plus the Powerball number, with 4 out of 5 numbers plus the Powerball number, with 3 out of 5 numbers plus the Powerball number, with 2 of 5 numbers plus the Powerball number, with 1 of 5 numbers plus the Powerball number, and with 0 of 5 plus the Powerball number!! I also will calculate the Probability of winning with 3, 4 or 5 numbers selected, without the Powerball number!I also explain, given the probability of winning, how many times you would have to play to expect to win at least 1 time on average, and how much it will cost you! I would recommend this book for anyone interested in learning the chances of winning the Powerball lottery, or anyone with an interest in statistical or mathematical equations! The Secret Formula in this book is an interesting, elegant and intuitive equation that I explain in detail, and it can be applied to many different types of lotteries. I have a Masters and a Bachelors degree in Statistics, and the Secret Formula in this book is one of my favorite formulas in all of Statistics! So, do not hesitate...add this book to your collection!

Money and Mathematics

Author : Ralf Korn
Publisher : Springer Nature
ISBN 13 : 3658346779
Total Pages : 300 pages
Book Rating : 4.6/5 (583 download)

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Book Synopsis Money and Mathematics by : Ralf Korn

Download or read book Money and Mathematics written by Ralf Korn and published by Springer Nature. This book was released on 2021-10-26 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book follows a conversational approach in five dozen stories that provide an insight into the colorful world of financial mathematics and financial markets in a relaxed, accessible and entertaining form. The authors present various topics such as returns, real interest rates, present values, arbitrage, replication, options, swaps, the Black-Scholes formula and many more. The readers will learn how to discover, analyze, and deal with the many financial mathematical decisions the daily routine constantly demands. The book covers a wide field in terms of scope and thematic diversity. Numerous stories are inspired by the fields of deterministic financial mathematics, option valuation, portfolio optimization and actuarial mathematics. The book also contains a collection of basic concepts and formulas of financial mathematics and of probability theory. Thus, also readers new to the subject will be provided with all the necessary information to verify the calculations.

How to Win More

Author : Norbert Henze
Publisher : CRC Press
ISBN 13 : 1466593466
Total Pages : 160 pages
Book Rating : 4.4/5 (665 download)

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Book Synopsis How to Win More by : Norbert Henze

Download or read book How to Win More written by Norbert Henze and published by CRC Press. This book was released on 1998-05-15 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to provide valuable insight into how to improve the return on your investment when playing the lottery. While it does not promise that you will win more often, it does show you how to improve the odds of winning larger amounts when your numbers do come up. So, when you do win that million-dollar jackpot, you will be less likel

Learn How to Increase Your Chances of Winning the Lottery

Author : Richard Lustig
Publisher : AuthorHouse
ISBN 13 : 1452077460
Total Pages : 42 pages
Book Rating : 4.4/5 (52 download)

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Book Synopsis Learn How to Increase Your Chances of Winning the Lottery by : Richard Lustig

Download or read book Learn How to Increase Your Chances of Winning the Lottery written by Richard Lustig and published by AuthorHouse. This book was released on 2010 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his book, Richard discusses the ins and outs and dos and don'ts of buying lottery tickets to increase your chances of winning. He has created a method that he and members of his family use that has enabled them to WIN several lottery game GRAND prizes. This is a very easy to use method and will work with any type lottery games (scratch tickets or number games) in any state or country. Here are some quotes from people who have used his method: "My husband and I used Richard Lustig's lotto method and within months of starting the method we hit a Mega Money jackpot for 2 million dollars! It was really easy to follow. You only play what you can and you can still win! Shaun and I will only play lotto from now on using these strategies." -Jennifer and Shaun, Florida "Since we've been using your method, we have definitely been winning more that we used to. It's easy to follow" -Dale, Florida "I just wanted to let you know that my husband and I read through your lottery method last night. It seems great. It seems to be just simple logic and makes sense." -Kate, Illinois