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Old 03-03-2010, 01:17 PM
The Flying Dutchman The Flying Dutchman is offline
Join Date: Nov 2000
Location: 50N West Georgia Strait
Posts: 8,600
Originally Posted by UncleFred View Post
You're expected return is better if you don't buy a ticket.

If you buy a $1 ticket, your expected return is $0.50 (depending on the game) whereas if you put the $1 in your pocket the expected return is $1.
Actually, if you put the dollar in your pocket your return (or expected return) is zero.