Thursday, November 14, 2013

Lottery Scam

I rarely play the lotto... In fact it's been over 5 years since I've bought one... Not counting the one's I get during X-mas from family, but I am up over $700 through out the years that I've played.  I use to love Texas Hold-em though I don't know if they still have those.  I think everyone knows the odds are against them though. One of the most typical scams is where you say to someone You've won 1 million dollars. However to collect this 1 million dollars you must $500 for fees and shipping.  Just for argument sake if you proposed this exact scenario to 20 random people. Half white . half black. I bet more white people would believe it and send the $500. Or maybe they are just a dumb minority. But this is a pointless argument/discussion but lets call it quits ok? Good talking to you, always good to have a random conversation with someone over the internet. I would have played along with the scam and when the driver showed the money he was pretending to gave to the sick lottery ticket man he was pretending to go halfers on buying the ticket with I would off opened car door kidded on I was going to get my half at the bank and grabbed his bundle of cash and bolted , sorted 

The problem is... Your sample size is way, way too small. Try buying 100 or 1000 tickets. They call it "OVERALL ODDS" for that reason. Over the lifetime of that ticket, the randomized odds of winning are within what they state on the back of the ticket. Sometimes, you could win 2, 3, 4, or 5 times in a row. Sometimes, you could lose 10 in a row.

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