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Anorak News | How To Win The Lottery Like An Australian Hedge Fund Trader

How To Win The Lottery Like An Australian Hedge Fund Trader

by | 1st, February 2009

INVESTMENT group invests $5 Million to hedge bets in Australian Lottery.

The prize: $27 million. The nume3bs to get right: 6. Cot per ticket: $1.00.

In the Virginia game, there are 7,059,052 possible combinations of numbers. So someone who buys one ticket has odds of 1 in slightly more than 7 million. Having more tickets increases the odds of winning, so that 1 million tickets have odds of 1 in 7.

So an investment group in Austrlian boughy 5 million before the deadline. They won. $27 million.

Old Mr Anorak used to go to the Win A Teddy Bear Stand in Dollis gill Park. Numbers ending in a 5 win a small bear; get a 0 and win a big bear. Buy £5 of tickets – some of which are stuck together – and never lose.

When OMA moved into refuse, he donated a teddy to each rubbish truck crew – by way ofa Christmas bonus for the lads. You can still see them in pride of place on the radiator grill…

Spotter



Posted: 1st, February 2009 | In: Money Comment (1) | TrackBack | Permalink