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Still no win

13»

Comments

  • SirJasper
    SirJasper Posts: 14 Forumite
    I have been entering the daily magazine competitions and use the Lucky Dip to select the numbers. I don't know how high each sequence of numbers goes, but it is at least 60 and possibly 100. The probability of matching a series of three numbers must therefore run into hundreds of thousands. I am no mathematician, so perhaps someone else could work out the exact probability of matching the numbers.
  • mjm3346
    mjm3346 Posts: 47,331 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 4 March 2019 at 4:40PM
    sirjasper wrote: »
    i have been entering the daily magazine competitions and use the lucky dip to select the numbers. I don't know how high each sequence of numbers goes, but it is at least 60 and possibly 100. The probability of matching a series of three numbers must therefore run into hundreds of thousands. I am no mathematician, so perhaps someone else could work out the exact probability of matching the numbers.

    https://forums.moneysavingexpert.com/discussion/5956138/matching-number-comps

    generally small prizes at enormous odds
    win a london meal and top price theatre tickets for two

    match 3 numbers from 1 to 74 - approx odds 74x74x74 = 405,000 to 1
    win a bose sound link mini bluetooth speaker

    1 to 83 -approx odds 83x83x83 = 571,000 to 1

    and a totally ludicrous
    win a £300 topshop voucher

    1 to 134 - approx odds 134x134x134 = 2,406,000 to 1. .
  • SirJasper
    SirJasper Posts: 14 Forumite
    So it's not surprising that the end date is usually shown as "Until won"
  • mjm3346
    mjm3346 Posts: 47,331 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    SirJasper wrote: »
    So it's not surprising that the end date is usually shown as "Until won"

    They used to have end-dates when the prizes were much larger and no prize was given out if it was not won by the closing date (it is possible they had insurance to cover themselves against a big prize win so they were paying a far lower fixed price anyway than the value of the prizes).
    Presumably with the small value of the prizes now they are quite happy to cover the infrequent cost and can let them "run till won" - there are a few ordinary "mag dailies" with them and they are the ones that have fixed end-dates
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