1.3 Billion Dollar Powerball Jackpot

Funny you bring up casinos. I happen to live in NV where casinos are on almost every corner. When my wife and I eat out at this one particular casino I always play one certain Poker machine. I won't go into how I selected that machine or we will be here all night. Suffice it to say it talked to me one day.

It is the end machine on a criss cross aisle. There are some other end machines up against a wall so hence no criss cross aisle. I don't always win but, at the moment, am ahead of the curve.

My math is simple. If my purse is 50% above my initial deposit. I cash out. I have cashed out when it was only 10% because the machine that was giving turned into a machine that is now taking. My "bankroll" is $20 which is also what I spend on powerball btw.

Hence your comments about math are spot on even if you use my extremely non-thinker method.

Thanks for your remarks and Happy New Year!

Tom

Originally Posted by Dien Rice

Hi Tom,

I have a mathematician friend who used to make money from the casino. He had figured out a system where the odds were that he would always come out ahead of the casino (financially speaking).

He purposely never won too much, so he could "fly under the radar." He lived off of the casino for around 2 years.

Eventually they caught on to him - and banned him! Casinos don't like winners (but if you're a constant loser, they love you)!

He told me about another way some people make moolah from gambling...

Gangs of people will watch the poker machines. If they see a little old lady who's played a poker machine for a long time, but hasn't won yet... They'll kick her off and start playing themselves!

The payoff from a poker machine relates to how much money has been put into it, without someone yet winning. The longer it's been played without a win, the more it will pay out, when it eventually does!

It can get to a stage where the odds are you'll make more out of the poker machine, than you would put in!

But to get to that stage, you have to watch the poker machines that have been played a lot, but haven't paid out for a long time. Then, the ganger's way is to forcibly take over the machine!

That way, they make those poker machines pay! (The people they kicked off are not so lucky, as it's their money the gangster's are taking!)

The same principle can happen with Powerball. If the payoff is big enough, and if the number of ticket sales are small enough, the odds can actually be in your favor...

This is about the only way I know how to make math pay!

The One Time It’s Mathematically Advantageous to Play Powerball
http://time.com/money/4172196/powerb...dds-advantage/

Best wishes,

Dien