your odds are...

the odds of gambling
Here are the statistical edges against the player for various casino and sports betting

california lottery odds
Could these odds be the worst of all?

Lotteries are a Tax on the Stupid
The title of this chapter -- from James Walsh's 1996 book True Odds -- says it all. Check out these excerpts. You may never again purchase a lottery ticket:

Introduction/Background
The House's Edge in Lotto
The Economics and Math of Lotto
Are Lotteries Efficient?
If Lotteries Are Efficient, Why Aren't Players?
Powerball and Other Multi-State Lotteries

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