Different kind of Gambling? Chase The Ace?

[ExtraSlow]

So I've never seen one of these around here, some kind of Chase The Ace thing run by the Calgary Stampede.
https://chasetheace.ca/

Understanding that all forms of gambling have a negative expected value, and that gambling is for people bad at math. What's the deal with this type of game? Seems complicated, or I'm particularly thick today.
Didn't want to post in Finance forum, because this is entertainment.

[brucebanner]

This is popular on the east coast. A few of places had draws in the 1M range, many well into 6 figures.

[e31]

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This is popular on the east coast.

Not to be confused with 'Chasing the Dragon', a pastime popular on the west coast.

[Buster]

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So I've never seen one of these around here, some kind of Chase The Ace thing run by the Calgary Stampede.
https://chasetheace.ca/

Understanding that all forms of gambling have a negative expected value, and that gambling is for people bad at math. What's the deal with this type of game? Seems complicated, or I'm particularly thick today.
Didn't want to post in Finance forum, because this is entertainment.

I heard if you enter with a bunch of friends, you have a better chance of winning

[ThePenIsMightier]

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I heard if you enter with a bunch of friends, you have a better chance of winning

I think it's better with random internet strangers, particularly for the leader who gets to allegedly buy the tickets and be the only one to see them.
You know - The Acing of the Chase tickets.