Wednesday, June 14, 2006

Gamble

xcode's theory: Gambling never wins.

After some research, if you buy $2 ($1 big $1 small) on 4D and it strikes the first prize, you will be rewarded with $6000! Think that's alot? Think again.

Chances of striking first prize in 4D is 1 out of 10,000 (0000 to 9999). So, let's do the mathematics. Each time you pay $2 for 4D, 10,000 times would cost you $20,000. Win one only gives you $6,000. That means you still lose $14,000.

Okay, I know that is just an probability calculation which is not at all accurate. Some people can forever strike first prize, some people never strike first prize till the day they are dead.

It all boils down to luck. If you are lucky (or unlucky), you will get it. If not, no matter who keep the ticket for you (yes, talking about Cindy), the result will be the same.

Superstitious is always an issue in gambling. Praying to the dead or wearing red underwear don't help. Winning numbers are randomly generated by the computer system. All is fair (in Singapore).

Point of this topic: Gambler never wins.

Credits: Wee Khiang (for helping me calculating the odds) and Joy (for talking alot of gambling nonsense to me even I don't really listen).

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