Possible method of making lottery companies lose money

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Anonymous
Possible method of making lottery companies lose money 2016-01-13 23:23:10 Post No. 7781963
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Possible method of making lottery companies lose money Anonymous 2016-01-13 23:23:10 Post No. 7781963 [Report]

I thought about a possible way to work around the odds of the lottery and make them lose money. There are probably many many numbers chosen multiply by many people, that are all failing numbers but contribute to the pot. At the same time, there can be no two winners at the same time, but since the odds are heavily stacked against individual people anyway, this outcome is unlikely.

>Formulate a website where the people can display the numbers that they've chosen
>others know to pick another number instead
>If the odds are 3 million to 1, and 3 million people all choose unique numbers, there will always be a winner
>If the pot is over 1 billion, unless the odds are over a billion they will lose money/make nowhere near as much
Disregarding things like the taxes, as long as the total pot is greater than the odds (converted to dollars), there will be a guaranteed winner and the lottery company will lose money.

Would this method work?

Anonymous 2016-01-14 01:39:47 Post No.7782225
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Anonymous 2016-01-14 01:39:47 Post No.7782225 [Report]

>>7781963
Why bother? Anyone who plays the lottery doesn't deserve to win.

Anonymous 2016-01-14 01:46:53 Post No.7782239
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Anonymous 2016-01-14 01:46:53 Post No.7782239 [Report]

>>7782225
this
anybody participating in a government-run gambling business prolle should just kill themselves

Anonymous 2016-01-14 01:52:28 Post No.7782246
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Anonymous 2016-01-14 01:52:28 Post No.7782246 [Report]

>>7781963
better way:
no one plays.

The company wastes money in operating costs.

Anonymous 2016-01-14 21:45:59 Post No.7783831
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Anonymous 2016-01-14 21:45:59 Post No.7783831 [Report]

>>7782246
GENIUS
EE
NNN
IIIIIIIII
UUUU
SSSSS

Anonymous 2016-01-15 10:49:18 Post No.7784954
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Anonymous 2016-01-15 10:49:18 Post No.7784954 [Report]

>>7781963
>at the same time, there can be no two winners at the same time
>what is a split pot

somebody never actually investigated how lotteries work...

Anonymous 2016-01-15 20:38:47 Post No.7785966
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Anonymous 2016-01-15 20:38:47 Post No.7785966 [Report]

There can be more than 1 winner ...

Anonymous 2016-01-15 20:41:31 Post No.7785974
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Anonymous 2016-01-15 20:41:31 Post No.7785974 [Report]

>>7781963
This is a typical game theory problem. Since according to this model (which is incorrect btw, see>>7784954) only the last person to buy a ticket would benefit, no one would post anything.

Anonymous 2016-01-15 20:57:40 Post No.7786014
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Anonymous 2016-01-15 20:57:40 Post No.7786014 [Report]

>>7785966
>There can be more than 1 winner ...
Yes, and while OP is a tremendous faggot for not bothering to Google this shit, he's onto something.
If we had a system like OP's clearinghouse, we could prevent the "split-pot" scenario, so no-one would have to share the big pot.
This would make "no-hit" drawings less likely, so the jackpot would never get as high as it sometimes does now.

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
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