4 ms·
Does this have any way of simulating multiple plays per draw? I'm curious what happens to EV when you buy X tickets per draw instead of just 1. And for both cir
by hellojesus 2y ago
Does this have any way of simulating multiple plays per draw? I'm curious what happens to EV when you buy X tickets per draw instead of just 1. And for both circumstances: (a) ensure all X tickets are unique and (b) random entries with replacement.
- ISL 2y agoUnless you're buying a meaningful fraction of tickets, the EV/ticket will be similar to uncorrelated tickets. If you're buying all the tickets, well, the math is real easy. (and occasionally profitable, see 1992 in Virginia)