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M3
Lv 7
M3 asked in Science & MathematicsMathematics · 8 years ago

Would you bet on this lottery puzzle?

(a) There is a 49/6 lottery that is offering even odds (ie 1:1 or 2 for 1) for betting that at least 2 of the 6 randomly chosen #s from 49 will be consecutive.

Is it advisable for you to bet ?

(b) If the system is changed so that 49 & 1 are also deemed to be consecutive, would your decision change ?

(c) What is your expected value for a $1000 bet on (a) and (b)

Update:

.

I didn't expect answers so fast !

Both are excellent, (and slightly different in approach). For (b) I am adding the formula I used, which is again slightly different from the answers posted.

1- (49/43)*C(43,6)/C(49,6)

I can't give a BA to both answers, so by default I'm giving it to that received first.

4 Answers

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  • Brian
    Lv 7
    8 years ago
    Favorite Answer

    (a) I think it is easier to first determine the probability that no 2 of the 6 numbers

    are consecutive and then subtract that from 1 to get the desired probability.

    I've looked at this as a 'stars and bars' type of calculation. First, we write out

    the numbers 1 to 49 and then circle 6 randomly chosen numbers. The variables

    in the equation represent the number of unchosen numbers between each successive

    pair of chosen numbers as well as 1 variable representing the number of unchosen

    numbers preceding the lowest chosen number and 1 variable representing the number

    of unchosen numbers after the largest chosen number. (That was a lousy

    explanation but it is getting rather late here.) We then need to look separately

    at the cases where (i) 1 is chosen but not 49, (ii) 49 is chosen but not 1,

    (iii) both 1 and 49 are chosen and (iv) neither 1 nor 49 are chosen.

    As an example, in case (iv) we then need to solve the equation

    a + b + c + d + e + f + g = 43, where all the variables must be at least 1.

    The number of solutions in this case ((36 + 7 - 1) C (7 - 1)) = (42 C 6).

    I end up with a probability of

    1 - [((42 C 6) + (42 C 4) + 2*(42 C 5)) / (49 C 6)] = 0.4952 < 0.5, so I would

    not take the bet.

    (b) This would eliminate the (42 C 4) term and result in a probability of

    0.5032 > 0.5, so I would take this bet.

    (c) I would expect to lose about $9.60 in scenario (a) and win $6.40 in (b)

    after wagering $1000, (at least that's how I think it works; I'm not really a

    betting man. :) )

    I'm tired so I may have screwed up somewhere. I'll check through my

    calculations again tomorrow if you think I've made an error.

  • 5 years ago

    1

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  • String
    Lv 4
    8 years ago

    EDIT: Great fun! Brian and I came up with solutions simultaneously :o)

    Clever question, I might leave the expected value part (part (c)) to others. Let b(n,k)=n!/[k!·(n-k)!] be the binomial coefficient corresponding to choose k non-ordered elements from a set of n elements:

    Part (a)

    -----------

    You can construct all ways to choose 6 non-consecutive numbers from 1 through 49 by choosing 6 numbers a<b<c<d<e<f from 1 through 44 and map these to (a,b+1,c+2,d+3,e+4,f+5). Hence there will be b(44,6) = 44!/(6!·38!) such non-consecutive outcomes. Thus you win with a probability of

    1-b(44,6)/b(49,6) = 22483/45402 ≈ 49.52%

    Part (b)

    -----------

    49 and 1 are considered consecutive. If we choose non-consecutively among 1 through 48 we're good. This makes b(43,6) outcomes. If 49 is chosen, the remaining 5 must be chosen non-consecutively among 2 through 47. This makes b(42,5) additional outcomes. Thus the probability of winning now becomes:

    1-[b(43,6)+b(52,5)]/b(49,6) = 71803/142692 ≈ 50.32%

    Whether you want to bet in either case, I can't tell. I wouldn't, but if I should, I would prefer case (b) which has very subtle tendency towards winning :)

  • Anonymous
    5 years ago

    I play the $5 poker ;)

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