Mathematics of keno and lotteries /
"Mathematics of Keno and Lotteries is an elementary treatment of the mathematics, primarily probability and simple combinatorics, involved in lotteries and keno. Keno has a long history as a high-advantage, high-payoff casino game, and state lottery games such as Powerball are mathematically si...
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| Format: | eBook |
| Language: | English |
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Boca Raton, Florida :
CRC Press,
[2018]
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | "Mathematics of Keno and Lotteries is an elementary treatment of the mathematics, primarily probability and simple combinatorics, involved in lotteries and keno. Keno has a long history as a high-advantage, high-payoff casino game, and state lottery games such as Powerball are mathematically similar. MKL also considers such lottery games as passive tickets, daily number drawings, and specialized games offered around the world. In addition, there is a section on financial mathematics that explains the connection between lump-sum lottery prizes (as with Powerball) and their multi-year annuity options. So-called "winning systems" for keno and lotteries are examined mathematically and their flaws identified."--Provided by publisher. |
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| Physical Description: | 1 online resource (x, 328 pages) : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781315192840 1315192845 9781351756297 135175629X |