Players love games that have good odds, inexpensive tickets and many big winners

[tomtom]

Many people may studied math in their life…that’s possibly what they went to schools, to learn something. So that’s true, no a proof needed…

Also it is true that:

Many players prefer reasonable odds games, so there would be some big winners in each draw.

Many players prefer inexpensive games, 50C - $1, for a combination or such.

Many players prefer games that may have some big JP winners in each draw. That’s way some people may join a lottery poll in a case of expensive tickets, while possibly making it harder for a lottery corp to explain why tickets are expensive then, so same people can’t play alone….

Many players like games that have good prizes at all levels, so if they win something playing 10 tickets or such , they actually won something..

Many players prefer Ball machines …no explanation needed Also a TV or an internet draw. Also, no explanation needed..

Many players prefer playing games using their own numbers, birthdays, and such… So, a game has to have a just own numbers only option.

Many players prefer games where is a big return to players. Because of the additional game attractiveness , a lottery corp could also sell a huge number of tickets and make a huge money easily while making a many people big winners..….

Many players prefer games that have possible rollovers…also no explanation needed..


Reality, and huge numbers of tickets sold and many big winners in such games where they exist is a proof for above…



In an artificial absence of such games:

- making other games quick picks or a partial quick picks, RNGs, or without TV draws, no rollovers, and such, may enhance sales in expensive, high odds bouncy balls games that have a small % prize funds for lower level prizes just to some extent… with some hectic advertising…

but, still just to some extent, imo…

 

[ASFBOY]

Agreed.

I recently came across <<< link deleted >>>

This has all the aspects that you refer to.

I have never seen a grand prize as big as 1 Billion Euro - ever...

These guys have put together multiple draws, many BIG prizes, the REAL BIG one of 1 Billion Euro in cash - once off, etc etc!

But what I thought was really clever was how they decided to use the last whole digits of the closing indices of stock exchanges to determine the winning ticket number! There is NO WAY that could be manipulated! + the info is public domain...

Anyway, my 2c worth...

 

[tomtom]

Agreed.

I recently came across <<< link deleted >>>

This has all the aspects that you refer to.

I have never seen a grand prize as big as 1 Billion Euro - ever...

These guys have put together multiple draws, many BIG prizes, the REAL BIG one of 1 Billion Euro in cash - once off, etc etc!

But what I thought was really clever was how they decided to use the last whole digits of the closing indices of stock exchanges to determine the winning ticket number! There is NO WAY that could be manipulated! + the info is public domain...

Anyway, my 2c worth...

Wow ….…not only something like this nonsense it is possible to get in a e-mail…..they started posting something like this at web forums…..

 

[ASFBOY]

I'm sorry?

Why is what I have posted nonsense?

I cannot post the link here BUT I have just recently come across a website that is now selling 75,000,000 RAFFLE tickets for 25 Euro each promising to pay as a grand prize a single lump sum of 1 BILLION Euro to the single ONE winning ticket holder - no 20/25 year / monthly rubbish / reduction for lump sum payment etc etc...

They also state that they will have interim draws leading up to the grand finale with numerous other prizes ranging from 1,000 to 10,000,000 Euro...

This is NOT nonsense - it's out there - they indicate a LGA license number and I know that is NOT a simple thing to get - granted I have not personally called the LGA to verify the number...

I posted my original post cause I agreed with you! Players do love BIG prizes where the odds are better than most (I'm not going to go into the maths of it here - a 1 in 75 Million chance for even a lesser amount compared to a normal lotto - it's obvious...)

When playing a game where a random number generator (or even a ball machine for that matter) is being used - how does one REALLY know that it's legit and CANNOT be tampered with - all the auditing in the world does not help (remember Enron?).

So I thought it was really clever of these guys to devise a scheme which I don't think can be manipulated at all. By taking the last whole digits of closing indices from stock exchanges it is purely up to chance if your ticket wins the big one or not! I don't know how much money it would take (or if it was even possible) to manipulate the stock exchanges in question to force a closing digit figure BUT I can assure you even IF you could you would already have so much "tom" that you wouldn't bother "Tom"....

Billionairio....

 

[tomtom]

I talk about reasonable odds and reasonably priced games, with bouncy balls machines, like where the JP is some millions in each draw, yet JP carries less than 50 % of prizes money while making it all prizes good, that has les than 1:10 mill odds for JP,with a lot of JP winners ….at 50 cents or such a combination….


And you talk about some billions….don’t you know that those who may believe in winning an extreme odds or an extremely big prize are busy these days, and maybe is hard to attract them… there is a lot of games that in the name of at huge JPs may increase tickets prices drastically, or increase odds, or drastically cut lower level prizes …so sometimes may have problems in selling tickets despite possibly leaving a lot of old time players without a reasonable game….who may turn online or such for anything reasonably priced and with reasonable odds...

While those who keep good prices, prizes and odds doesn't seem to have such problems…….….

 

[kahuna649]

Good odds - bad odds

TomTom,

i visited the site ASFboy mentoned, I googled it, and won't mention the name here, since there seems to be some suspicion of deliberate postings...

What I found was the following,
That site offers odd of 1 to1 Mio to win 1 Mio €, and that is 14 times better than 6 of 49 lotteries. And even for that 1 Billion € jackpot the odds are 2 to 3 times better than the usual 7 of 49 or 6 of 49+1 of 10 that most lotteries require for a jackpot.

So in terms of odds you clearly got it backwards.

You are correct though, that game does not come at 50cent or 1$ a pop, their tickets cost 25€ and partiicpate in 5 draws. even when you factor that in, it would be 5€ per draw. but when you combine price per draw and odd of winning 1 mio €, then that new game still is better than lotto.

In rgards to the bouncy balls you mention. Why do certain numbers occur more often than others? Seems that boncy balls are also ot totally random. ANd ther ehave been successful fraud using heavy paint on certain balls to improve the chances of having them drawn. These new guys use closing numbers of stock inidices, or rather the last digit of several closing numbers. Unless you have deep pockets, and I am talking Bill Gates or Warren Buffet pockets, you coudl not even attempt to influence the outcome of those relevant digit. What i like a lot more about it is though that I as a player would not have to rely on their word or some auditor that the draw was fair. I can just look up closing index numbes on yahoo or in the newspaper and be my own judge of the result. Those guys will have 75 million players judging the fairness of their game.

And yes, I like big prizes and good odds. I spend more than 25€ on beer in a bar every weekend, I might as well buy a ticket and see if I get lucky on this mega jackpot of 1 billion€.