Correct me if I'm wrong, but my back of the napkin style ma…
Correct me if I'm wrong, but my back of the napkin style math suggests peergame.com already has enough money in the jackpot to be a good return on investment?
If you buy 4100 tickets you'll probably win a second place jackpot for 15%?
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Then the 15percent second place jackpot gives (.15)( 8800+4100)=1935.
Plus the 3000ish from 3rd and 4th place prizes leaves like 800 in profit plus a chance at the 1st place jackpot
And i know this isnt really how statistics work, and that you are leaving yourself exposed for at least an 1100 ish loss if you dont hit the 2nd place jackpot, but thats balanced by chance at 2 2nd places?
And then if it takes 16 tickets on average to get 10 dollars with 4th place prizes, and 250ish tickets to get the .21BSV 3rd place prizes, you get about 3000 dollars back from second place and 3rd prizes if you buy 4100 tickets?