#22
|
|||
|
|||
Re: Is playing PowerBall currently +EV???
It's not +EV because the odds are so large, you could play a lifetime and never even hope of hitting it. Positive expectation involves having a remote chance, 1 in 146mil is not even close to remote.
Odds of being killed by fireworks: 1 in 20mil Odds of being killed by dog bite: 1 in 18mil Odds of being killed by lightning: 1 in 4mil Odds of being killed in bathtub: 1 in 800k Odds of being killed in plane crash: 1 in 391k Odds of being killed in a car crash: 1 in 6k It looks being killed in a car crash is +EV during a person's lifetime. |
|
|