The choice of covering size depends on the level of risk you’re comfortable with. For example, a conservative approach offers lower potential rewards but minimizes risk. An aggressive strategy offers a higher potential reward by covering more combinations; this approach increases risk and cost. Alternatively, you can choose between risk and reward, giving you a reasonable chance of matching...
Why Buying Hundreds of Lotto Tickets Can Be Useless
Buy more lotto tickets. That’s the only way to increase your chances of winning. However, buying hundreds of tickets is useless if you make the wrong choices. Such a strategy is dangerous to your wealth. At the basic level, those groups who use the mathematical method of covering have a better chance than those who pick numbers by guesswork or quick pick. Since buying more tickets is the...
The Top 10 Lotto Betting Do’s and Don’ts
Everyone wants a short cut in his life. Those short cuts are available in different forms. One of them is the lottery. Some, no matter what the consequences are, risk their whole money and fail to give a big bang for their bucks. Let's discuss the many don'ts which help you understand the lottery better.
Budgeting for Lottery Entertainment and Why It Matters
Budgeting for the lottery is important. This step is a crucial part of your lotto-playing game plan. Photo by Andre Taissin There is nothing wrong with dreaming of becoming a jackpot winner one day. But you have to do it with the right mindset. Failure to set aside a budget for lottery entertainment means a big disaster. You don’t want to sacrifice your groceries. Right? Save Money To Buy...
Buy More Lottery Tickets to Win, But Beware the Risks
Buying more lottery tickets is the only way to increase your chances of winning the jackpot. However, this strategy is not that simple. Photo by Erik Mclean The Probability of Buying More Lottery Tickets For illustration, we will use the 6/49 lotto system with 13,983,816 possible combinations. If you buy one ticket, your probability is one in 13,983,816. So buy another ticket with a different...