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Old 11-29-2007, 11:55 PM
Rainbow Warrior Rainbow Warrior is offline
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Join Date: Sep 2002
Location: The Great White North
Posts: 586
Default Re: When To Give Up?

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So if the odds of hitting are say 100,000,000 to 1 and the jackpot is over $100,000,000 you have a +EV on a $1 ticket.


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You're missing one factor. If the odds are 100M-1 and the JP stays at $100M, yet 500M tickets are sold the chances of duplicate winners takes your EV way down...
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