Tag:

gambling

The new 2019 Lotto Max payout scheme: more ways to lose money!

Before I even updated my Lotto Max Calculator with the new payouts, I knew right away the OLG wanted to accomplish two things with their changes to Lotto Max:

  1. Multiple draws per week, slightly more (but more difficult) ways to win non-jackpot prizes will allow them to say “more ways to win!” as well as …
  2. “Bigger jackpots!” whi
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3 ways of increasing your chances of winning in Lotto 6/49 and Lotto Max

If you didn’t know already, the lottery is one of the worst ways to gamble. Lotto 6/49 and Lotto Max generally return less than 55 cents per dollar you put in over the long run.

Check out the EV calculator to compute an estimated expectation for any given jackpot.

If you must play, then there are ways to maximize your expected value.  These tips revolve … Read more

Expected Value Calculator for Lotto Max and Lotto 6/49

Discover how you throw away nearly half of whatever disposable income you put towards playing the lottery. You may be surprised how much you lose on average when you dream of winning big!

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If you found this gadget useful, please drop a comment below or support me via the “Donate” or “My Work” links in the menu above.… Read more