Well yeah, gambling is about odds and statistics. I remember doing statistics and probability in school and one of the questions is about calculating the odds on a bet. It was close to zero and I asked my teacher if that means the person actually lost the bet. She confirmed that that is the case and hence why we should be careful getting involved in gambling, especially those who end up resorting to loan sharks.
The lesson is basically telling us that you won’t ever win in gambling if you do the math. But at least the proceeds from lottery ticket sales actually go towards charities so it is less egregious than gambling in casinos or racing where the house always wins. However, in the case of the statistician in this post, she did the math and exploited whatever she knew to win the lottery, which most of us can’t do.
I think she knew something
Removed by mod
Well yeah, gambling is about odds and statistics. I remember doing statistics and probability in school and one of the questions is about calculating the odds on a bet. It was close to zero and I asked my teacher if that means the person actually lost the bet. She confirmed that that is the case and hence why we should be careful getting involved in gambling, especially those who end up resorting to loan sharks.
The lesson is basically telling us that you won’t ever win in gambling if you do the math. But at least the proceeds from lottery ticket sales actually go towards charities so it is less egregious than gambling in casinos or racing where the house always wins. However, in the case of the statistician in this post, she did the math and exploited whatever she knew to win the lottery, which most of us can’t do.
Removed by mod