Thursday, May 27, 2010

7-11-21 (California)

Official website for Game

Single Ticket:
Cost: $1
Chances of at least breaking even:
11.2% (~8.9 to 1)


Note: While technically the free ticket is a breakeven prize as they are both worth the same amount, they are not equal as you can not exchange the free ticket for a cash amount and walk away break-even. You are forced to continue playing the free ticket (and possibly again and again...) until you either lose or win a prize. More likely than not you will lose. This drops your chances of at least breaking even from the stated amount on the website to the odds calculated above.


Optimal Chances:
Buying 7 ticket(s)
Cost: $7
Chances of at least breaking even:
21.5% (~4.7 to 1)


Median Prizes
(half the time prizes will be less than this amount, half the time it will be more)
10 tickets ($10): $3
100 tickets ($100): $52
1,000 tickets ($1,000): $557


**Since only a finite number of scratch tickets were printed, overall odds used and number of winners may vary based on manufacturer's omissions, unsold tickets, reorders and unclaimed prizes.



GRAPHS:
(up to 10 tickets, 100 and 1,000)
(click to see enlarged)


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