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The game looks like a simple roulette game by design. All players get one raffle ticket (called a ticket) which is awarded after every raffle run. As the number of tickets goes up, the chance of winning increases (but it must also be taken into account if one has to try a lot of runs as a chance of victory may not be high). When one wins a ticket, they must pay the winner’s barter. In addition, when the number of tickets goes to 1/100, only that player gets one free barter option. This means that for every one ticket a player wins a win one free barter option. The maximum number of prizes will be 100 tickets. If we assume that all of the players have 100 tickets and that the odds of winning in this game are 2:10, the maximum number of prize winners is 100 times this. Thus if you were to win 50 different prize draws, one would get 100 times one’s total amount, or 1,000,000,000.
Now, let’s say that the odds of winning are 1 in 4, then the probability of winning in this game is approximately 2:10. This means that the chances of winning in this game is 3:9, or 100:1,000,000. However, the prize amounts are random in this game. So if the odds of winning are 1 in 4 odds of winning are:
1 in 4=3:1,000,000,000
1 in 4=100:1,000,000
If we say that we’re playing for 50 times one, the probability of success is:
We might be slightly perplexed by this reasoning, because in actual play, when two players play a roulette, the odds increase by the square root of each other.
When are the odds equal? [ edit ]
To get us thinking about it, let’s just make a more sophisticated game. The odds will be equal from one draw to the next. How do we handle this? In this case, it is important to remember that in this game, the chances of winning are equal until one wins a number of prizes equal to their total amount, in which case they have a greater chance of winning. However, with each draw, each prize has a distinct value, in order to make our game more balanced
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