Author Topic: Another Antarctica Raffle!  (Read 22413 times)

Offline Dan

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Re: Another Antarctica Raffle!
« Reply #240 on: September 04, 2018, 05:37:11 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
Erm, say what?
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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #241 on: September 04, 2018, 05:39:31 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
Doesn't work that way.
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Offline as2

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Re: Another Antarctica Raffle!
« Reply #242 on: September 04, 2018, 05:40:34 PM »
Erm, say what?
Not sure. Overtired logic made sense when I wrote it out, and rethinking it, I'm not entirely sure what I was thinking. I think I was getting at was, that it choosing your number is less likely when they are all lumped together vs scattered throughout the 700. I'll go take a nap.
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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #243 on: September 04, 2018, 05:42:34 PM »
I just found a new supply of forks!

Online Something Fishy

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Re: Another Antarctica Raffle!
« Reply #244 on: September 04, 2018, 05:43:08 PM »
Congrats @rollingstone and @boyozucker for winning the raffle! It's easier to pay for the top level when you're doing it with a partner ;D.

Now you get to fight over which of you comes.
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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #245 on: September 04, 2018, 05:46:16 PM »
Now you get to fight over which of you comes.
Raffle #3?  :)
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Offline Dan

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Re: Another Antarctica Raffle!
« Reply #246 on: September 04, 2018, 05:47:43 PM »
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline EJB

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Re: Another Antarctica Raffle!
« Reply #247 on: September 04, 2018, 05:48:52 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

Absolutely wrong

Offline davidrotts63

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Re: Another Antarctica Raffle!
« Reply #248 on: September 04, 2018, 05:49:04 PM »
Congrats @rollingstone and @boyozucker for winning the raffle! It's easier to pay for the top level when you're doing it with a partner ;D.

Now you get to fight over which of you comes.
I'm pretty sure they decided already to give it to me.


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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #249 on: September 04, 2018, 05:51:39 PM »
Keep the 3.5k. Raffle the other for 100 per ticket with a max 100 tickets. Quick 5k each!
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Offline Dan

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Re: Another Antarctica Raffle!
« Reply #250 on: September 04, 2018, 05:52:12 PM »
Keep the 3.5k. Raffle the other for 100 per ticket with a max 100 tickets. Quick 5k each!
LOL
Can keep the $795 too.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #251 on: September 04, 2018, 05:52:23 PM »
Absolutely wrong
He already correct it now you need to correct your logic.  :P
I just found a new supply of forks!

Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #252 on: September 04, 2018, 05:52:44 PM »
I just found a new supply of forks!

Offline rollingstone

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Re: Another Antarctica Raffle!
« Reply #253 on: September 04, 2018, 05:53:39 PM »
Raffle #3?  :)
Sure, we will be selling 10 tickets at $2,500 each.

Offline EJB

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Re: Another Antarctica Raffle!
« Reply #254 on: September 04, 2018, 05:54:33 PM »
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.

Simple mistake. His winnings would need to have been 18k+3.6k for your math to work. His winnings were only 14.4k when you include the cost.

Offline davidrotts63

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Re: Another Antarctica Raffle!
« Reply #255 on: September 04, 2018, 05:54:39 PM »
Keep the 3.5k. Raffle the other for 100 per ticket with a max 100 tickets. Quick 5k each!
*40k later*
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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #256 on: September 04, 2018, 05:55:49 PM »
Sure, we will be selling 10 tickets at $2,500 each.
No one is going to buy at 2.5k, that is greed.
I just found a new supply of forks!

Offline davidrotts63

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Re: Another Antarctica Raffle!
« Reply #257 on: September 04, 2018, 05:55:52 PM »
Sure, we will be selling 10 tickets at $2,500 each.
Bulk discount on 10?
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Offline ChaimMoskowitz

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Re: Another Antarctica Raffle!
« Reply #258 on: September 04, 2018, 05:57:58 PM »
Simple mistake. His winnings would need to have been 18k+3.6k for your math to work. His winnings were only 14.4k when you include the cost.
I didn't say his net was 18k.  :)
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Offline EJB

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Re: Another Antarctica Raffle!
« Reply #259 on: September 04, 2018, 06:01:02 PM »
I didn't say his net was 18k.  :)

So then how is losing ~19% per dollar good odds? And that's assuming a cash equivalent prize. If you value prize same as 15k cash, you're losing 1/3 per dollar.