Author Topic: Lottery  (Read 1900 times)

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Offline Latrinenkobold

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Re: Lottery
« Reply #30 on: June 17, 2012, 08:46:02 pm »
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HAHAHAHHAHAHHAHHAHHAHAHAHHAHAHAHHAHAHHAHAHAHAHAHAHHAHHAHAHHHAHAH


AHAHAHAHAHHAHAHHAHAHAHAHHAHAHAHHAHA

Take this take this!

I WON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Offline Latrinenkobold

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Re: Lottery
« Reply #31 on: June 17, 2012, 08:47:50 pm »
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just bought like 374 tickets or smth

Someone jelly?

Offline Arrowblood

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Re: Lottery
« Reply #32 on: June 17, 2012, 08:48:52 pm »
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me.

Offline Prinz_Karl

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Re: Lottery
« Reply #33 on: June 17, 2012, 09:14:48 pm »
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Chance of winning any prize out of the 101 with 500 bought tickets is about 24 %, winning top prize is 0.24 %. If I didn't make any mistakes.

Offline BeastSVK

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Re: Lottery
« Reply #34 on: June 17, 2012, 09:27:26 pm »
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damn you guys cant you be happy with my win ? wth... to be fair i bought 10k worth tickets!
lol i bought 150K and get fuck...

Offline Overdriven

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Re: Lottery
« Reply #35 on: June 17, 2012, 10:34:34 pm »
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Omgaaawwwd omgaawwwwd I actually won something!

Offline Kafein

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Re: Lottery
« Reply #36 on: June 17, 2012, 11:30:25 pm »
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so every of 200k tickets have its number? Well that should be valid then,but i can't still beleve that there is some ppl with that ammount of luck.
4 times you get your number picked up. FFS. Unbelivable

Ok harald,ty for sharing with us this information.

Like... how could a lottery not work like that ? Seriously :lol:


There are 101 prizes which average value is (their total value)/101 . If there are 200k tickets bought, the chance each ticket has not to win any prize is (1-(1/200000))^101 which is :

0,99949512622917130158061747271761

Therefore the probability of winning nothing if you buy 500 tickets (and we suppose the total amount of tickets remains constant which is not true but the difference is negligible) is (0,99949512622917130158061747271761)^500 which is :

0,77685572244734914544174659293137

So you have a 24.5% probability of winning at least one prize if you buy 500 tickets. The average value of a ticket for this drawing is 17840510/101 =  176639 gold.

The gain expectancy out of one ticket is ((1-0,99949512622917130158061747271761) * 176639) , minus the cost of a ticket which is 100 gold. So the expectancy for one ticket is 89,180398005410460101310236634087 - 100 = approximately -11 gold.


Also, if you bet the same amount of gold on all lottery drawings, you will on average lose 80% of each bet. It takes very big variability in number of ticket bought between two drawings and a cristal ball for the expectancy to become positive.

Offline Aderyn

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Re: Lottery
« Reply #37 on: June 17, 2012, 11:43:31 pm »
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Thanks for information

Didnt think there were 2K ppl active in crpg comunity :P

well, some people has alot of accounts :((
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Offline XyNox

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Re: Lottery
« Reply #38 on: June 18, 2012, 03:15:58 am »
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xynox won last time 1 prize,and now he won 2.

Its because I am one of the heads of the great supersecret underground archur lobby.
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