Author Topic: Another Antarctica Raffle!  (Read 22412 times)

Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #220 on: September 04, 2018, 04:49:42 PM »
What was the number 4 on the screen in the beginning?
The winner he didn't like.  :)
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Offline Dan

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Re: Another Antarctica Raffle!
« Reply #221 on: September 04, 2018, 04:49:48 PM »
What was the number 4 on the screen in the beginning?
Before the raffle took place.

Baruch bought a last minute package of 120 tickets for $3,600 and had 619-738.
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Offline mmgfarb

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Re: Another Antarctica Raffle!
« Reply #222 on: September 04, 2018, 04:50:37 PM »
Before the raffle took place.

Baruch bought a last minute package of 120 tickets for $3,600 and had 619-738.
Wow.
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Offline yesitsme

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Re: Another Antarctica Raffle!
« Reply #223 on: September 04, 2018, 04:51:45 PM »
Who is the winner?
(For those without access to facebook)
["-"]

Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #224 on: September 04, 2018, 04:52:23 PM »
Who is the winner?
(For those without access to facebook)
BZ
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Offline aro123

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Re: Another Antarctica Raffle!
« Reply #225 on: September 04, 2018, 04:53:14 PM »
Before the raffle took place.

Baruch bought a last minute package of 120 tickets for $3,600 and had 619-738.
what time did he buy it?

Offline EJB

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Re: Another Antarctica Raffle!
« Reply #226 on: September 04, 2018, 04:53:37 PM »
BZ
הוא כ.ם. הוא י.ט.ז. הוא כ.ו. ...

Offline EJB

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Re: Another Antarctica Raffle!
« Reply #227 on: September 04, 2018, 04:55:43 PM »
what time did he buy it?

Likely  between 2:06 and 4:36

Offline Dan

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Re: Another Antarctica Raffle!
« Reply #228 on: September 04, 2018, 04:58:21 PM »
Likely  between 2:06 and 4:36
The form was down when I checked at 4.
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Offline davidrotts63

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Re: Another Antarctica Raffle!
« Reply #229 on: September 04, 2018, 05:00:31 PM »
This guy?
Lol no.
He's a good guy we are happy for ;)
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Offline Dan

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Re: Another Antarctica Raffle!
« Reply #230 on: September 04, 2018, 05:01:43 PM »
$3,600 is definitely go big or go home territory.
Congrats Baruch!
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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #231 on: September 04, 2018, 05:06:01 PM »
$3,600 is definitely go big or go home territory.
Congrats Baruch!
How was that gamble? @EJB
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Online lubaby

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Re: Another Antarctica Raffle!
« Reply #232 on: September 04, 2018, 05:06:45 PM »
$3,600 is definitely go big or go home territory.
Congrats Baruch!
And now with the win, $3500 cash part of prize covers that quite nicely.

Offline EJB

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Another Antarctica Raffle!
« Reply #233 on: September 04, 2018, 05:11:25 PM »
How was that gamble? @EJB
Poor gambles can pay off.

Prize would need to have been worth 22k for it to be worth it.

Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #234 on: September 04, 2018, 05:13:16 PM »
Poor gambles can pay off.
Poor gamble? When have you had better odds to payoff in a raffle than this? It was almost 50/50 (odds/payoff).
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Offline EJB

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Re: Another Antarctica Raffle!
« Reply #235 on: September 04, 2018, 05:16:05 PM »
Poor gamble? When have you had better odds to payoff in a raffle than this? It was almost 50/50 (odds/payoff).
I'm purely talking about it as a gamble, not as a charity raffle. That definitely factors in - there is a benefit to donating money for a good cause. But as a gamble, you'd have better odds in Vegas playing video poker or wheel of fortune. Let alone blackjack or roulette. Especially if you value the prize at less than MSRP.

Offline farmbochur

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Re: Another Antarctica Raffle!
« Reply #236 on: September 04, 2018, 05:20:36 PM »
I'm purely talking about it as a gamble, not as a charity raffle. That definitely factors in - there is a benefit to donating money for a good cause. But as a gamble, you'd have better odds in Vegas playing video poker or wheel of fortune. Let alone blackjack or roulette. Especially if you value the prize at less than MSRP.
This.

That's why I'm philosophically opposed to lotteries, raffles, or any game of chance with negative expected value.
Risk is opportunity

Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #237 on: September 04, 2018, 05:30:41 PM »
I'm purely talking about it as a gamble, not as a charity raffle. That definitely factors in - there is a benefit to donating money for a good cause. But as a gamble, you'd have better odds in Vegas playing video poker or wheel of fortune. Let alone blackjack or roulette. Especially if you value the prize at less than MSRP.
You are not looking at it correctly or my math is wrong. His odds were roughly 5-1. He risked 3.6k to win 18k. You don't have better odds at video poker as that requires skill.
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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #238 on: September 04, 2018, 05:32:11 PM »
That's why I'm philosophically opposed to lotteries, raffles, or any game of chance with negative expected value.
You need to do the math. What if only 360 were sold and you had 120 of them?
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Offline as2

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Re: Another Antarctica Raffle!
« Reply #239 on: September 04, 2018, 05:35:34 PM »
His odds would have been better had his ticket numbers been more scattered. The odds of the random number generator choosing a specific chunk of numbers (one of the last) is far less than it choosing any number from 0-700
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