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wnc3141
11 months ago
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There Was a Texas Lottery Arbitrage
Isn't the jackpot only a fraction of the revenues from all tickets sold?
hcs
11 months ago
[–]
Yes but progressive jackpots accumulate if not won in previous drawings.
Breza
11 months ago
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parent
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In this particular lotto, 4% of all possible numbers were bought in a typical period. So it's not truly riskless, but there was definitely a positive expected value.
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