Almost everyone loves to hear interesting facts and statistics. However, most of the time they are completely pointless in real life.For example, did you know that the odds of an average golfer hitting a ‘hole in one’ in a given round are 12,000-to-1 and the odds of getting two in the same round are 67,000,000-to-1?
The odds of winning the lottery are roughly 14 million to 1. So what do you think the odds of winning it twice are? Well a Navy war veteran who survived a jet crash and escaped a P.O.W. camp in Korea got really lucky when he won it twice! What do you think the odds of that happening are?
What would you think of a guy who earned a regular working man’s wage but spent most of it on lottery tickets? Well theer is a New York man who does just that.Ray Otero foolishly believes that buy ploughing his money into lottery tickets he is increasing his chances of winning a jackpot prize with each purchase (by sheer number of tickets).
The truth is that, statistically, buying more tickets, that are chosen randomly and not using a mathematical system, does not increase your chances of winning a prize in the lottery at all!
Do you know that if you buy a 6 from 49 lottery ticket, like those sold on the UK National Lottery, on a Monday that you have a statistically better chance of being dead on Saturday than winning the lottery jackpot?
You see unfortunately the odds of winning the jackpot ion such a draw are fourteen million to one while the odds of being dead are much lower. In fact you even have a better chance of becoming a saint because the odds are only killed by lightning are roughly 2650000 to 1!No matter how many tickets you buy each one will have the same low odds. Therefore ray Otero’s approach does not increase his odds of winning a top prize!
However, when you use a statistics, probability and odds with the lottery something very interesting happens to the statistics. Let’s take a wheeling system as an example.
Wheeling numbers for the lottery greatly improves your chances of winning a prize. Just by adding 1 extra number to your pick for the UK lottery has an amazing effect on the probability of you winning. Although wheeling means you must buy more lottery tickets it also ensures you have a much, much higher chance of winning a top lottery prize.
In the UK lottery just wheeling an extra number (so you pick 7 numbers instead of the standard 6) you reduce your odds of winning from 14,0000,000 to 1 to only 500,000 to 1!
There are other lottery systems which offer even better odds but just think, if Ray Otero had played 6 from 49 draws and used a wheeling system, instead of buying random tickets, he could well have won the lottery a few times over!
