• balsoft@lemmy.ml
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    2 months ago

    There are moments where the potential payout for a ticket is greater than the value of the ticket.

    Has this ever happened in recent history?

    In that mathematical moment, buy exactly one ticket.

    I’d say buy as many as you can within the amount of money you’re ready to waste. Same as with investing, pretty much.

    • kumi@feddit.online
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      1 day ago

      The expected payout is negative so no, not similar to investing. It becomes the opposite, pretty much.