Sunday, December 26, 2010

Statistically Increasing Your Odds Of Winning The Lotto

Statistics show us many things that can be both useful and unusable for many reasons.For example, did you know that the odds of an average golfer hitting a 'hole in one' in a given round are 12,000-to-1 and the odds of getting two in the same round are 67,000,000-to-1?

So imagine how amazing it was to everyone (and how amazing it still is) when a guy used his $1000 lottery winnings to buy a ticket that won him $1 million! The odds of this happening are astronomical. Very lucky indeed.

Some time ago a famous New York paper reported on a working-class man who spent most of his hard earned money on lottery tickets.In the hope, and false belief, that he could win a big prize simply by buying more random tickets Mr. Otero spent a whopping $30,000 a year on lottery 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!

It surprises many people to find out that lottery prizes are extremely hard to get. In fact if you buy a UK lottery ticket, which is a match 6 from 49 draw, at the beginning of the week there is a better chance of you dying before the draw than there is of you winning it!

You see unfortunately the odds of winning the jackpot ion such a draw are fourteen million to one while the odds of being dead are much lower. In fact you even have a better chance of becoming a saint because the odds are only 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 use a wheeling system the odds of winning a top prize are improved by millions to 1. When you add only one number to your pick (in a 6 from 49 lotto draw) you increase your chances of winning by millions, literally! Wheeling systems require you to invest more money in the lottery, because you must buy more tickets, but by doing so, and by doing it in a mathematically precise manner, you increase your chances of winning the lottery jackpot.

When you use wheeling in a 6 from 49 draw, like the UK lottery, and use 7 numbers instead of 6 the odds of winning are slashed from 14 million to 1 down to half a million to 1 - with just 1 extra number and a £28 stake!!

There are other lottery systems which offer even better odds but just think, if Ray Otero had played 6 from 49 draws and used a wheeling system, instead of buying random tickets, he could well have won the lottery a few times over!

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