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Paperback World Lotteries: Prize Structure and Probabilities Book

ISBN: 1006722629

ISBN13: 9781006722622

World Lotteries: Prize Structure and Probabilities

When you select to play fifteen numbers in a keno game, the chance of matching fifteen out of the twenty numbers drawn is 1 in 428,010,179,098. That is 1 in 428 billion! The number in itself is hard to imagine. Keno is a type of lottery, and as such, it is ruled by the laws of probability. Lotteries are played in many countries around the world. Millions of people buy tickets on a regular or occasional basis in hopes of beating the odds. But how many of those dreamers have a real understanding of the mathematical principles ruling their chances? In the following pages you will find the basic information needed to clearly understand chance in terms of easy mathematical rules, and you will learn how to apply this knowledge to work out the chance of winning a prize in any lottery.

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