#### Martingale and mathematics – The miraculous methods for lotto

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A martingale is intended to maximize the probability of winning but does not change the expected gains, which remains at the detriment of the player. Dubins and Savage Law Mathematically, Lester Dubins and Leonard Savage showed in 1956 that the … Read More

#### Mega numbers

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Many states have set up Lottery games that award a substantial prize, often in the tens or even hundreds of millions of dollars to some lucky winner or group of winners. Such games often go by the name of Lotto … Read More

#### Powerballs And Bonus Balls

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Many lotteries have a “powerball” (or “bonus ball”). If the powerball is drawn from a different pool of numbers from the main lottery, then simply multiply the odds by the number of powerballs. For example, in the 6 from 49 … Read More

#### Keno

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Keno is a bingo-like gambling game. Its history can be traced to a Chinese game called “The Game of the White Dove (白鴿票)” invented during the Han Dynasty (187 BC). The name “keno” descends from a form of bingo or … Read More

#### Lottery machine

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A lottery machine is the machine used to draw the winning numbers for a lottery.Early lotteries were done by drawing numbers, or winning tickets, from a container. In the UK, numbers of winning Premium Bonds (which were not strictly a … Read More

#### Charity gambling

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Charity gambling is the practice where typical gambling ‘games’ such as bingo, roullette, lotto, slot-machines, etc. are overseen by a charity or group of charities. The profits from the venture go to the charity or group of charities, rather than … Read More