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Showing posts with label wheeling. Show all posts
Showing posts with label wheeling. Show all posts

Wednesday, January 12, 2011

Lottery Full Wheel Calculators Released

We are proud to announce that we have begun to roll out our new Full Wheel Payout Calculators for the following lotteries:
You can access these pages from the links above, from our Lottery Research Page, or the "Lottery Combo Tables" link on our Lottery Power Picks home page.

While we are still in the bug/shakeout mode, we have decided to provide these calculators to you in a phased mode.

The purpose of these pages are to help you, the lottery players, better understand how much money: it would cost you to purchase a full lottery wheel; you would win if any or all of your numbers were to appear in the associated lottery drawing; and, lastly, how much your profit or loss from that transaction was.

During the coming weeks, we will be testing these pages to make sure that everything works properly. We will also be expanding these pages to include all of our covered lotteries.

We hope this information is helpful and gives you more information about the financial risks associated with playing the large lottery games.

Wednesday, September 29, 2010

Lottery Wheel Payout Calculator --- Coming Soon

[Irish spinner and spinning wheel. County Galw...Image by The Library of Congress via Flickr
With the completed development of our Hot Cold Lottery Number analysis pages and seeing their growing user visitation counts, six questions continually return to our minds. Specifically, we've wondered:
  1. If I only play Hot Numbers, how many combinations must I play?
  2. How much will these combinations cost?
  3. How much will I win in total if I match 0, 1, 2, ... white balls?
  4. If I repeat these combinations for a group of bonus balls (Megaball, Powerball, etc), how much will I spend?
  5. And, how much will I win altogether?
  6. Finally, if I adopt this type of strategy, should I buy the Powerplay, Megaplier, Sizzler option?
To answer these questions, we're creating a new wheeling payout calculator that will be custom tailored to each of our covered lotteries. This will be an interactive tool that will allow our users to change their assumptions and the implications immediately.

The benefit of this calculator is that any assumed set of wheeling numbers can be used, i.e. Even Odd, Divisible by 3, 4, 5 to 12, your own favorite set of numbers, prime numbers, etc.

Development has already begun and we're excited about the possibilities of its uses.  Hopefully, we will have it completed shortly and have it released within the next month.
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