3 ms·
Unless 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
by ISL 2y ago
Unless 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)