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3 February, 2006

Stupidity tax

In a BBC article, bookmakers William Hill claim that the odds of willing the £125 million jackpot in today's EuroMillions lottery are 76 million to one; about the same odds as they're offering anyone who wishes to bet on the end of the world.

Comments

Of course, if a ticket costs less than 1.64, then it is in fact a sensible investment, looked at from a statistical point of view.

Posted by Jon. at February 3, 2006 06:40 PM
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