Playoffs 50/50 opinion poll

[ExtraSlow]

Seems like the online 50/50 for the flames oilers games have been a hit. Just wondering everyone's opinion.

[killramos]

Gambling for ultra shitty odds? Where can I sign up!

[pheoxs]

Flames 50/05: 93k
Oilers 50/50: 3.25 million

Definitely both a hit lol

I did buy some for Oilers one, it goes to a good cause anyways.

[ThePenIsMightier]

I am more interested because I can buy without attending the game. I always buy about $20 worth at any game I attend. It's a rip-off but pales in comparison to the food and drink prices at games, let alone the tickets. "In for a penny, in for a pound" or whatever that saying is. Like Phexos said, it's charity like buying the pile of Stampede tickets that benefit Rotary Club.

[nzwasp]

Where’s the link?

[killramos]

If people like donating to charity so much, why not just do that?

And collect a tax receipt for your trouble.

[The_Rural_Juror]

I don't marth but are these odds better than 649?

[killramos]

I don't marth but are these odds better than 649?

6-49 has a payout of around 70%

50/50 is essentially the worst payouts of any form of gambling you can do.

[The_Rural_Juror]

But 649 winning odds are stuck at 1 in 14MM. Fuck...if only we had a TI-81 plus specialist on hand.

[ExtraSlow]

6-49 has a payout of around 70%

50/50 is essentially the worst payouts of any form of gambling you can do.

God remember when I used to argue about lottery odds and payout ratios with Mario? Seems like only yesterday.

Stampede lottery ticket packs had good value because you got a free grounds entry and a discount on rodeo tickets. Made the tickets feel like half price.

[killramos]

But 649 winning odds are stuck at 1 in 14MM. Fuck...if only we had a TI-81 plus specialist on hand.

I had 70% in my head for some reason, but looks like it’s actually worse than that.

https://lottery.olg.ca/en-ca/lotto-games/lotto-649/lotto-649-odds-and-payouts

47% + 7% is the total payout, 47% going to the main pool determining standard payout, and 7% to the guaranteed payout pool.

So you are 1 in 14 million yes, but 46% is taken off the top. Not quite as bad as the 50% taken off the top for 50/50. But close.

Don’t need much of a calculator for this one.

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God remember when I used to argue about lottery odds and payout ratios with Mario? Seems like only yesterday.

Stampede lottery ticket packs had good value because you got a free grounds entry and a discount on rodeo tickets. Made the tickets feel like half price.

Yea but how much is Mario skimming off the top. He’s the real genius.

[The_Rural_Juror]

Ok team. Let's put this in a PowerPoint (with at lease 50 pages of backup slides) and discuss over some expensed bevvies. Good work.

-Assistant to the EIT.

[pheoxs]

But 649 winning odds are stuck at 1 in 14MM. Fuck...if only we had a TI-81 plus specialist on hand.

True. 50/50 odds are actually pretty good tbh.

The Oilers 50/50 is 200 tickets for 50$ (lets assume everyone buys the best value option). 3.25 million = 65,000 people buying the largest packs. So you have a 1/65,000 chance of winning 1.6125 million dollars which is significantly better than the 649 odds. (I don't use the 200 because if everyone has 200 tickets then its a wash)

Plus if you factor in people buying the smaller ticket packs its actually less tickets for $ which means the real odds are better than 1/65,000

[killramos]

Oh marth. Never change.

[Manhattan]

I did buy some for Oilers one, it goes to a good cause anyways.

People seem to forget that only 1/2 the money goes a good cause. The other half goes to a degenerate gambler lol. Of the good half that goes to charity take another chunk out for administrative costs so a tiny fraction of your money is going to a good cause. If you want to donate money to a charity just donate it directly.

[pheoxs]

People seem to forget that only 1/2 the money goes a good cause. The other half goes to a degenerate gambler lol. Of the good half that goes to charity take another chunk out for administrative costs so a tiny fraction of your money is going to a good cause. If you want to donate money to a charity just donate it directly.

True but I'd rather give $ to the oilers foundation versus say 649 or a casino is what I meant. I'm not opposed to throwing a few bucks away a year on gambling but might as well do one that the money stays more local and helps out aspiring kids and such.

[88CRX]

I had 70% in my head for some reason, but looks like it’s actually worse than that.

https://lottery.olg.ca/en-ca/lotto-games/lotto-649/lotto-649-odds-and-payouts

47% + 7% is the total payout, 47% going to the main pool determining standard payout, and 7% to the guaranteed payout pool.

So you are 1 in 14 million yes, but 46% is taken off the top. Not quite as bad as the 50% taken off the top for 50/50. But close.

Don’t need much of a calculator for this one.

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Yea but how much is Mario skimming off the top. He’s the real genius.

https://media1.giphy.com/media/BmmfETghGOPrW/giphy.gif

[NoSup4U]

Didn't even know this was a thing until this morning's news. Thought the attention from the prize amount last night would cause a buying frenzy, but tonights is sitting at only $28k so far.

[killramos]

This is really not that complicated people.

Donate to charity: 125% of your money goes to a charity (after factoring in money back from tax receipt at a 20% average marginal rate)

Buy 50/50: 50% of your money goes to a charity, plus an expected value of 50% of your money back from winnings

Buy Lotto ticket: Voluntary payment of 30% of your money to the government, plus an expected value of of ~54% of your money back in winnings depending on your particular flavour of ticket.

Voluntary Overpayment of Taxes: Just overpay your taxes and give 100% of the amount to the government

If you want to give money to charity or the government, 50/50 and lottery tickets are pretty shitty ways to accomplish that. Just cut checks directly if that’s your prerogative.

Best option is just donate to charity, it’s costs you the least and takes away money from the government to boot. Win Win Win.

As for casinos, at least the games are fun and payouts are usually north of 90%. Small Fee as cost for entertainment.

[The_Rural_Juror]

Ok but what about the guy who won the lottery and is professionally retired?
Also, all monies paid to degenerate gamblers go back into the economy. Those Trackhawks and Fits aren't going to buy themselves.
Money multiplier c-c-c-combo man.

[ExtraSlow]

Ok but what about the guy who won the lottery and is professionally retired?
Also, all monies paid to degenerate gamblers go back into the economy. Those Trackhawks and Fits aren't going to buy themselves.
Money multiplier c-c-c-combo man.

Fact. Lottery winnings ALL go back to the economy.

[sabad66]

This is really not that complicated people.

Donate to charity: 125% of your money goes to a charity (after factoring in money back from tax receipt at a 20% average marginal rate)

Buy 50/50: 50% of your money goes to a charity, plus an expected value of 50% of your money back from winnings

Buy Lotto ticket: Voluntary payment of 30% of your money to the government, plus an expected value of of ~54% of your money back in winnings depending on your particular flavour of ticket.

Voluntary Overpayment of Taxes: Just overpay your taxes and give 100% of the amount to the government

If you want to give money to charity or the government, 50/50 and lottery tickets are pretty shitty ways to accomplish that. Just cut checks directly if that’s your prerogative.

Best option is just donate to charity, it’s costs you the least and takes away money from the government to boot. Win Win Win.

As for casinos, at least the games are fun and payouts are usually north of 90%. Small Fee as cost for entertainment.

I don't think anyone buying these tickets has a primary prerogative of donating to charity. They (including me) just want to gamble, but the fact that 50% of proceeds going to charity makes it slightly easier to justify.

[killramos]

I don't think anyone buying these tickets has a primary prerogative of donating to charity. They (including me) just want to gamble, but the fact that 50% of proceeds going to charity makes it slightly easier to justify.

Donate half to charity and go play Roulette or slots with the other half then. Same outcome (actually you can donate more to the charity due to tax benefits), way more fun.

[The_Rural_Juror]

Speaking of charities. What is a good, non-douchey, non-religious, broad reaching, international charity to donate to?

[ExtraSlow]

Doctors without borders.
Locally I always like the food bank and wins

[max_boost]

Speaking of charities. What is a good, non-douchey, non-religious, broad reaching, international charity to donate to?

Do you guys give money away to feel good? Whether for amends to the past or seeking good karma for the future? or is it to really make a difference right now?

Also, why did the Edmonton one get so high? Everyone is betting on try to get out of town? :goflames:

[sabad66]

I'm mostly wondering how FB knew to target me with ads for the flames 50/50 which i bit on. I always buy them at the rare time i'm at games, but i don't follow hockey at all.

Zuckerburg must have me tagged as a gambler behind the scenes which is sad but true :cry:

[Gart]

I voted 'less interested', as I figure my March 27th attempt was the closest I will ever get to winning:
93379

[ExtraSlow]

I confirmed that the geofencing feature of that ticket website works. I can't buy today.

[Manhattan]

I confirmed that the geofencing feature of that ticket website works. I can't buy today.

Use a VPN?

[ExtraSlow]

I am very busy drinking cheap beer and sweating. Plus I'm actually less interested than in-person games.

[The_Rural_Juror]

Do you guys give money away to feel good? Whether for amends to the past or seeking good karma for the future? or is it to really make a difference right now?
:

Probably for when I miscalculate my death date and die with a positive balance sheet.

[mr2mike]

The best odds of winning is starting a gofundme promotion with a sob story of how being dumb got you suckered by a scammer.

[Brain]: Hmm, maybe we should start a gofundme for the Oilers 50/50 draw that we lost the other day.
[Me]: Logging into gofundme.com

[max_boost]

Always interested in ways to get rich. Some work out and most don't and it leaves me no better off lol

[ExtraSlow]

Always interested in ways to get rich. Some work out and most don't and it leaves me no better off lol

You are rich in friends and respect bro.

[sabad66]

Apparently the Oilers 50/50 was a shitshow yesterday.

$15M pot, but a lot of people including a friend of mine were double or triple billed so they got double/triple the tickets. Ended up buying a sheet of 200 numbers from my buddy that was triple billed but still no winning numbers posted as of now. I assume they are going to let people who were triple billed try and return some then they will run the draw.

I would not want to be working in that call center today... :nut:

[2Legit2Quit]

https://twitter.com/nhlflames/status/1293200504709763072?s=21

No Flames 50/50 today, guessing they don't want to deal with the shit show the Oilers draw is dealing with

[CompletelyNumb]

It's because they use the same 3rd party platform to sell tickets, and now everyone sees how poor that platform is for handling high traffic.