A negative expectation game like craps can’t
be beat
April 16,
2010
Dear Mark:
Crazy as this sounds, I have this certainty
that some day some day I’m going to hit the
Powerball lottery. It's often said that your
odds of being struck by lightning are better
than your odds of winning the lottery; well,
I was hit by lightening, twice, once on July
3, 1985 and the second time on August 11,
2008, both while playing golf. You may think
I’m trying to make money out of thin air
here, but I really believe I will eventually
do it. Eric M. Well,
Eric, you’ve got half the battle won,
confidence. But the other half, your
perception of the true odds of certain
events, and the use of some words and terms
in your question, could use some polish.
Take for instance making money out of “thin
air.” Didn’t your Mom tell you something
couldn’t come from nothing? But then, in
1640 the Flemish chemist Helmont grew
a willow tree out of thin air, so we’ll let
that one slide. But now let’s
tackle your getting zapped, twice, the true
odds of that feat, and the delicate art of
transferring that derived wisdom to the
likelihood of your hitting the lottery.
Be it lightning strikes, or any
gambling possibility you can think of, they
all occur with what is called "independent
probability." This means, Eric, that one
event doesn't affect the odds of another, be
it fire bolts from the sky, a hatful
of sevens rolling consecutively, or
repeating a five spot in keno on the next
draw. According the National
Weather Service publication Storm Data, your
odds of being struck by lightning once in an
80-year lifetime are about one in 3,000.
Twice, roughly one in 9,000,000.
It’s simple grade school arithmetic that I
learned from Sister Cyrilla on how to figure
the odds of any occurrence happening twice.
You calculate independent probability by
simply multiplying the odds. If the odds of
being struck once in your lifetime are one
in 3,000, you multiply it by the same value,
and the odds of being struck twice in a
lifetime turn out to be one in 9,000,000.
Also, we should look at certain
factors that affected your odds of getting
hit twofold. Playing golf in the rain, were
you? Finally, reassigning your
fortune/misfortune from a natural electric
discharge in the atmosphere to the lottery
is a bit wilder than ambitious; it is
downright miscalculated, or to be technical
about it, silly. If 9,000,000 to one are the
chances of a double lightening hit, and the
chances of hitting the Powerball are
195,249,054 to one, plan on the latter being
21.7 times tougher. There is
one certainty though, Eric. Lucky lightening
will eventually strike someone in the
“Qualified Group,” i.e. those who actually
buy lottery tickets.
Dear Mark: If you have to leave a blackjack
table to use the restroom, is it safe to
leave your chips there or would you advise
taking them with you? Mel G.
They’re safe on the table, Mel. Some
players pocket them for security reasons,
but in all my years of pitching cards or pit
bulling, I don’t remember any instances of a
snatch and run or a shortage. There was one
player I was dealing to who left to use the
restroom, leaving eight grand on the layout,
and he never came back. Before you ask, the
casino did hold the $8,000 in the cashier’s
cage for a week in case Mr. Anonymous ever
returned to retrieve his winnings. As you
would expect, I lobbied long and hard that
it was a tip for the
dealers……………………….unsuccessfully.
Gambling Wisdom of the Week: "Superstitions
are the survivors in the battle waged by
reason." --Zolar, Zolar's Encyclopedia of
Omens, Signs, & Superstitions
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