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Old 09-21-2007, 01:14 PM
KurtSF KurtSF is offline
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Join Date: Jul 2006
Posts: 3,983
Default Re: What are the odds of this numbers game?

How about this play: enter 100 times:

0000
0001
0002
...
0099

The first two digits, of course, could be anything.

1 in 100 you win $4k
9 in 100 you win $500
all other times you win $50

So take $50 off of all the prizes and call the cost of the play $45. +$40 EV from trifecta ($450 * 9%) and +$40 EV from quads, total EV of this play is -$45 + 40.5 + 39.5 = +$35.

You could do this every week!

How does this work for the house? Obviously you run the game until someone hits quads then take the money and run. I think your instincts might be right on Stan.
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