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eihli | 4 years ago
There's also guaranteed restrictions on the maximum number of losers in a row. So if you see ~6+ (depends on ticket) losers in a row, then buy the next few until you win. I've run simulations on those distributions and it's profitable. But it's a situation that only an employee could take advantage of. And it probably comes up rarely.
jallen_dot_dev|4 years ago
wahern|4 years ago
A good number of tickets (most tickets?) are purchased by habitual players who'll buy many tickets per sale, and many of those people will even scratch them off in the store:
> “Some customers come in up to three times a day to play, spending up to one hour to scratch-off tickets right in the store after spending $300 or more.”
https://www.cspdailynews.com/technologyservices/inside-marke...
If you don't see this happening often, you're not likely living in poor or low-income neighborhoods, not patronizing the local convenience stores, or at least not paying attention to the 1 or 2 individuals that you'll often see lingering near the counter.
User23|4 years ago
mschuster91|4 years ago