This is the only time I play these games.
IMHO, it's a smart wager when the payout exceeds the risk / chance of winning. So, if it's 1 : 20,000,000 a lotto game paying out 5,000,000 isn't really all that good of a bet.
On the other hand, that same game, with a ton of players, maybe moving the odds to double: 1 : 40,000,000 or even 1 : 200,000,000 a 600,000,000 + payout is a fine thing!
There are more players, but there are a lot more dollars. And the fringe wins get significant too, helping things along.
However we see these things, it's all just fantasy, fun 'n games. That's my metric I use to keep it entertaining. When the dollar amount exceeds the chance of winning, I'll play, as the house is paying more than it's taking in risk!
Edit: those odds were somewhere slightly south of 1 : 200,000,000 for this game.
Posted on March 30, 2012 - 08:58 PM