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Tag: chance

What I Like About These Things

For a person who is without illusions about probability, what is there to lie about lottery games? This is a question answered in NASPL Insights April 2014 by my friend M., the gambling economist. I don’t mean an economist of the gambling industry- I mean an economist who likes to gamble.

Author stephenwadePosted on April 1, 2014November 2, 2017Categories Prize Structures, Probability, The Business of LotteryTags chance, opportunity, prize expense, resiliance

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