Monday, 23 January 2006

Some Times You Just Despair

Statistics. Sometimes stats can be confusing and sometimes betting can be counter intuitive (look at the Monty Hall Problem but be careful, though, as it may give you a headache) but often it's quite simple. If you double your chances you halve the odds of you losing.

So, yes, if you have 1 Lottery ticket and the chances of winning are 1 in 76 Million then if you buy another ticket (hopefully with a different combination) then you do indeed now have a 2 in 76 Million, or 1 in 38 Million chance of winning.

A forum over at Football 365 takes this simple truth and, quite hilariously, denies it. For 16 pages...

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