Re: Is playing PowerBall currently +EV???
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The UK lottery sometimes pushes into +EV. Someone said to me the other day "A statistician worked out that the lottery is +EV this week, and that if you take advantage of every +EV lottery opportunity, you would on average die eight times in a car crash before you win".
The variance on these types of +EV gamble is way too big for us mere mortals to use as some sort of advantage proposition. If you were a Californian Redwood with a huge bankroll, on the other hand.....
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So, if you had a sufficiently large bankroll, with sufficiently high table limits, you could play a Martingale because "Who cares, I'll probably die before I bust anyways"?
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