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Neteller drawing +EV?
I tried a search, but couldn't find anything. Can someone tell me which option has the highest EV?
Weekly Draw Prize: $500.00 USD Total Entries: 41883 Cost to enter: 1000 NETPoints Bi-Weekly Draw Prize: $1000.00 USD Total Entries: 45522 Cost to enter: 2500 NETPoints Monthly Draw Monthly Jackpot: $3000.00 USD Total Entries: 94545 Cost to enter: 5000 NETPoints At first, I thought it was the monthly draw, because the prize is 6 times greater than the weekly draw, with the odds only twice as worse. But it also costs you 10 times as much to enter. Can anyone show me how to figure this out (along with the answer)? Thanks. |
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