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How Lottery Players Improve Their Chances By Saving Dollars?

There are numerous lotto strategies adopted by serious lotto players to increase their chances of winning the lotto jackpot. Many of my articles and Lotto Blog posts discuss them. Some of these lotto strategies actually lower a players costs while preserving his odds. And, other lotto strategies can maintain a players budget while improving his chances of winning the lotto jackpot.
A full discussion of these lottery strategies would easily cover several chapters in a book. So, I'll discuss the simplest type of these lottery strategies as an eye opener. The last 371 drawings of the Florida Lotto are used for the following examples, with the last drawing occurring on 7/22/09. In the Florida Lotto, six numbers are drawn out of fifty three.
Florida Lottery Statistics
The simplest form of this lottery strategy asks the question, 'In each wager, how many odd numbers are drawn?' When looking for the number of odd numbers in each wager, there are only seven possibilities. A given wager will have either 0, 1, 2, 3, 4, 5 or 6 odd numbers. Of course, the opposite is also true. A wager that has no odd numbers ...
... in it has 6 even numbers in it. Now, in the Florida Lotto, there are a total of 22,957,480 possible wagers. Here are the statistics. There are:
230,230 wagers with 0 odd numbers or 1.00% of all possible wagers
1,776,060 wagers with 1 odd number or 7.74% of all possible wagers
5,247,450 wagers with 2 odd numbers or 22.86% of all possible wagers
7,605,000 wagers with 3 odd numbers or 33.13% of all possible wagers
5,703,750 wagers with 4 odd numbers or 24.84% of all possible wagers
2,098,980 wagers with 5 odd numbers or 9.14% of all possible wagers
296,010 wagers with 6 odd numbers or 1.29% of all possible wagers
This listing of lottery statistics tells the story. If you have been follow the Florida Lotto closely (any lotto for that matter), you know that the winning numbers rarely contains zero odd numbers (all even numbers). In fact, in the Florida Lotto this has only happened 4 times in 371 drawings. This is obvious from the table above. Only 1.00% of all possible wagers have 0 odd numbers. Another way to look at this is that this only happens on the average of once every 100 drawings.
Let's look at the bottom of this table. It can be seen that a lotto jackpot containing 6 odd numbers is also very rare. This has happened only 4 times in 371 drawings. It is worth noting here that it should happen more often than zero odd numbers does, because it's percentage is higher; 1.29%. Why you ask? Because, with 53 number from which to choose, there are 27 odd numbers and 26 even numbers. Therefore, odd numbers have a slight statistical advantage. The 1.29% means that this should happen on the average of once every 78 drawings.
Spending Less
The question is, 'How does this help me spend less?' Assumptions: Your lottery budget is $50 per drawing and you purchase $1 wagers. You generate 50 wagers and remove any wager that contains all odd or all even numbers. This removes, for example, 3 wagers. A net savings of $3.
This statement will, no doubt, upset some of you. You are probably saying that if the lotto jackpot winners are all odd or all even, then I'd be wrong. You are absolutely correct! But, my friend, that only happens about once every 100 (78) drawings. As for myself, I prefer to save money on 99 (77) drawings only to be wrong once.
Increasing Your Odds
You can use a variation of this lottery strategy to increase your chances of winning the lotto jackpot. It's actually very simple. Instead of pocketing the $3, buy three more lotto tickets. This gives you a slight advantage because you are concentrating your entire budget on wagers that make good sense. You've taken your fishing line out of a mud puddle and put it back in the lake where the big fish are. You may not win the big one, but you've now got three more lines in the water.
Paying Attention
Now, do serious lottery players always play this way? No. Once in a while, by paying attention, they notice little things, that their lottery software brings to light, called opportunities. These opportunity might just reap big payoffs. In fact, there is such an opportunity in the FL653 lotto. As stated before, all odd numbers should occur on the average of every 78 drawings. But, in the Florida Lotto this event hasn't happened in 249 drawings. Can you say 'Overdue'?
How do you take advantage of this? That depends on the player, but here is an example. First, the player does not abandon his normal lotto strategy. He still commits most of his lotto budget to that strategy. Second, he would use a part of his budget, say $10, and purchase wagers with all odd numbers. If this event occurs in the next drawing, then the players chances of winning the lotto jackpot will be 10:296,010 or 1:29,601. A fantastic improvement!!!
The Professor is the famous Lottery expert, lecturer and columnist who developed LONA, your LOtto Number Advisor. Visit Picking Lottery Numbers for a creative look at Lottery software.
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