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Game with positive expected value Game with positive expected value

11-08-2012 , 09:03 PM
A game being played in Canada this weekend will have a positive expected value. Rarely is there a legit game with a positive expected value. I am looking forward to playing it.

Good luck.
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11-08-2012 , 09:42 PM
Good luck.
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11-08-2012 , 09:52 PM
Quote:
Originally Posted by mario38
A game being played in Canada this weekend will have a positive expected value. Rarely is there a legit game with a positive expected value. I am looking forward to playing it.

Good luck.
Hockey?
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11-08-2012 , 09:57 PM
Quote:
Originally Posted by Didace
Hockey?
No, it is gambling game. Nice try.
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11-08-2012 , 10:05 PM
Cool story bro?

If you did indeed find a true +EV play to make, the last thing you want to do is publicly disclose what it is, especially on the internet (I have found +EV plays myself, and of course keep it to myself... loose lips sink ships). I realize you didn't say, and you shouldn't. So that said, may I ask what is the point of your thread?
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11-08-2012 , 10:33 PM
Quote:
Originally Posted by Lattimer
Cool story bro?

If you did indeed find a true +EV play to make, the last thing you want to do is publicly disclose what it is, especially on the internet (I have found +EV plays myself, and of course keep it to myself... loose lips sink ships). I realize you didn't say, and you shouldn't. So that said, may I ask what is the point of your thread?
What game did you find with a positive expected value?

I am keeping my game a secret only because I am not allowed to mention it here. It is a type of gambling game that is not allowed to be discussed on this gambling forum. Go figure!
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11-08-2012 , 10:40 PM
Interesting, I wasn't aware that any topic was prohibited.

I don't want to get specific about the game I was referencing, even though it's no longer in service at this venue. But it involved a video machine paying out more in comp value than the EV$ to earn them.
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11-08-2012 , 10:44 PM
Quote:
Originally Posted by Lattimer
Interesting, I wasn't aware that any topic was prohibited.

I don't want to get specific about the game I was referencing, even though it's no longer in service at this venue. But it involved a video machine paying out more in comp value than the EV$ to earn them.
I do not put a great deal of value on comps and would not normally count it in as part of the expected value. When I calculate expected value, I only consider cold, hard cash. The same cash I spend when I play the game.
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11-08-2012 , 10:48 PM
That's fair. But because I spend comp $ so frequently (rooms, etc), I treat comp $ the same as real $. And when I said comp value, I meant direct points earned, which have 1-1 pt-$ value.
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11-09-2012 , 12:42 AM
probably hammered lotto 649
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11-09-2012 , 02:46 AM
Quote:
Originally Posted by mario38
What game did you find with a positive expected value?

I am keeping my game a secret only because I am not allowed to mention it here. It is a type of gambling game that is not allowed to be discussed on this gambling forum. Go figure!
I don't think there's any game that isn't allowed to be discussed, so feel free.
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11-09-2012 , 02:49 AM
i think its bingo imho
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11-09-2012 , 05:33 AM
Quote:
Originally Posted by Fubster
I don't think there's any game that isn't allowed to be discussed, so feel free.
Well, OP did have a running thread on Canada's lotto 6/49 that he constantly updated even when it wasn't +EV and people got fed up with it enough to delete it.

In OP's defense, lotto 6/49 has currently rolled over a LOT and is now $40M for a single winner ($2 ticket; 1 in 13.98M to hit jackpot). Since Canada doesn't tax lottery winnings, this could be a +EV lottery depending on sales.
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11-09-2012 , 07:08 AM
Quote:
Originally Posted by mario38
No, it is gambling game. Nice try.
Oh, so you're back spamming to get people in your lotto pool?
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11-09-2012 , 11:12 AM
Quote:
Originally Posted by Didace
Oh, so you're back spamming to get people in your lotto pool?
Like I said, some games are not allowed to be discussed on this forum.
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11-09-2012 , 11:35 AM
Checkers?
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11-09-2012 , 12:05 PM
Quote:
Originally Posted by mario38
Like I said, some games are not allowed to be discussed on this forum.
No. You can discuss the game til your heart's content. You can't discuss what you're trying to do though.
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11-09-2012 , 12:09 PM
what are the average payouts for matching 4,5 and 5+ bonus for lotto 649?
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11-09-2012 , 12:15 PM
Quote:
Originally Posted by Lattimer
No. You can discuss the game til your heart's content. You can't discuss what you're trying to do though.
Evidence to the contrary. A thread was created to discuss the game. Some members complained - some of the same members that are replying to this thread with sarcastic responses. The moderators deleted the thread. The reason given by the moderator was some members did not like the content.

There was no discussion on pool play in the thread even though one member trying to bait me in discussing.
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11-09-2012 , 12:18 PM
Quote:
Originally Posted by rwesty
what are the average payouts for matching 4,5 and 5+ bonus for lotto 649?
They are $69, $2,037 and $142,206 respectively.
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11-09-2012 , 12:30 PM
looks to be around 8% roi assuming 15m tickets sold
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11-09-2012 , 12:31 PM
Quote:
Originally Posted by rwesty
what are the average payouts for matching 4,5 and 5+ bonus for lotto 649?
Since these are parimutuel payouts, it varies per draw obviously, but looking at the last month's results, I would think these are rough estimates:

4: $75
5: $2000
5 + bonus: $100,000

The ticket cost is $2.

Mario, what did you use to get those numbers? A larger sample?
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11-09-2012 , 01:01 PM
Quote:
Originally Posted by tringlomane
Since these are parimutuel payouts, it varies per draw obviously, but looking at the last month's results, I would think these are rough estimates:

4: $75
5: $2000
5 + bonus: $100,000

The ticket cost is $2.

Mario, what did you use to get those numbers? A larger sample?
I used the results from every draw from the past 8 years - since the game was changed from $1 tickets to $2 tickets.
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11-09-2012 , 01:14 PM
Quote:
Originally Posted by Didace
Oh, so you're back spamming to get people in your lotto pool?
Yeah, this. The 'lotto pool' that 'we' are doing.
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11-09-2012 , 01:22 PM
Quote:
Originally Posted by Neil S
Yeah, this. The 'lotto pool' that 'we' are doing.
Here we go again. Go cry to your mommy and ask your mommy to delete topics you do not like to read. Grow up!
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