Pepsi has a new contest where you get an NFL team name under each cap. Match three caps and you win a t-shirt of the NFL team. This got me thinking about the odds.
First, what are your odds of winning any t-shirt if you buy N bottles of Pepsi?
Next, what are your odds of winnning a particular team’s t-shirt if you buy N bottles of Pepsi?
Finally, how many bottles of Pepsi would you need to buy to have a better than 50% chance of winning ALL the teams’ shirts?
To complicate matters, 1 in 6 wins a free 20 oz pepsi, but I won’t complain if you choose to leave that out of your calculations.
And on a side note, is it legal to buy Pepsi, and then take your entire group of one or two matching caps and sell them on ebay?