11-6-2013, 07:54 PM
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#29
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Join Date: Apr 2006
Posts: 3,205
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Re: Matched 5/7 on the Lottery today... :D
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Originally Posted by SK8R43
Scratch offs are great and definitely worth buying AT LEAST ONCE to see what your luck is.
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how is it worth buying at least one if every one has a negative expected value?
Quote:
Originally Posted by SK8R43
If its good then keep buying, if not then stop if you please.
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each lottery ticket has an independent outcome so that's not a valid strategy
Quote:
Originally Posted by SK8R43
Just saying this because buying scratch offs CAN BE a good investment.
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can you give conditions where it CAN BE a good investment? besides the obvious where your chance of winning * how much you win > cost of the ticket
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