The Mathematical Loophole that Broke the Lottery

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  • čas přidán 9. 07. 2020
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Komentáře • 3,4K

  • @Mrwiseguy101690
    @Mrwiseguy101690 Před 3 lety +10034

    "Insane amount of math"
    Does only multiplication and division

    • @jorisressing3626
      @jorisressing3626 Před 3 lety +237

      @@davehart7943 but even that way it was not a lot, also any mathematical calculation can just be broken done into adding or subtracting things. So in that sense more complicated math just is more math

    • @jorisressing3626
      @jorisressing3626 Před 3 lety +18

      @@RoeiCohen that is some hogh level not picking right there

    • @godlyvex5543
      @godlyvex5543 Před 3 lety +90

      @@davehart7943 yeah but who really cares whatsoever if it's just multiplication and division, that isn't gonna hurt anyone's head. He implied that the math he was gonna do was gonna give people headaches.

    • @biggiebigs8071
      @biggiebigs8071 Před 3 lety +8

      @@RoeiCohen Damn u tried nitpicking yet ended up saying bs

    • @startube3629
      @startube3629 Před 3 lety +39

      @@jorisressing3626 All math can be reduced to counting up and down on your fingers. still hurts my head when I go over 10 though. /s

  • @cedrick2537
    @cedrick2537 Před 3 lety +9303

    The "H" in his logo actually has been standing for "Hot Dog Tuxedo Boy" this whole time

  • @TheTortuga58
    @TheTortuga58 Před 3 lety +2161

    "Lots of math"
    *basic arithmetic*
    "The ACTUAL numbers"
    "To make the math pretty,..."

    • @aloysiuskurnia7643
      @aloysiuskurnia7643 Před 2 lety +53

      As a mathematician, I admit actual numbers scares me, let alone numbers that big
      I'd be more comfortable working in variables

    • @wattleproductions8026
      @wattleproductions8026 Před 2 lety +41

      @@aloysiuskurnia7643 there is no way you are a mathematician 😂

    • @amark57
      @amark57 Před 2 lety +24

      The actual numbers was the lottery jackpot/winnings. The pretty numbers were how many tickets were purchased in the example.

    • @janys6502
      @janys6502 Před 2 lety +8

      Big numbers are annoying
      Big number of big numbers- big annoyance
      Jokes asides yes, harder math is around variables

    • @elosant2061
      @elosant2061 Před 2 lety +27

      @@wattleproductions8026 I'm doing a mathematics degree and I hate numbers, its not what you think it is.

  • @juanpls3856
    @juanpls3856 Před 3 lety +339

    It seems that the lottery was already broken when they came, they just took the money

    • @somethingelse9228
      @somethingelse9228 Před 3 lety +6

      I mean, isn't that what "hacking" that has been described in this video is all about? You can't create new rules to always win but you can find loopholes that the actual creator failed to catch to make money

    • @grahamthompson5581
      @grahamthompson5581 Před 3 lety +17

      Yeah, either I'm missing something, or their strategy was 'buy lots of tickets on a rollover week, because the lottery pays out 30% more than it takes in on those weeks.'

    • @ca-ke9493
      @ca-ke9493 Před 2 lety +5

      @@SgvSth this article explains it so much better. Basically all they did was speculate when a rollover occured and buy tickets then because the rollover made the expected value of the returns on a ticket higher than the ticket itself. In order to beat other teams, this MIT team even triggered a rollover earlier than expected with their bulk buying of tickets.

    • @VancouverDave
      @VancouverDave Před 2 lety

      @@grahamthompson5581 this

    • @slice6298
      @slice6298 Před 2 lety +2

      @@somethingelse9228 these aren't even loopholes
      It's just called: playing the game

  • @Metonymy1979
    @Metonymy1979 Před 3 lety +8601

    My grandpa played lotto for decades. He literally had books and books of numbers thinking he could find a pattern and then win all the time.
    He never won.

    • @Ozymandias1
      @Ozymandias1 Před 3 lety +685

      I only won a lottery once. I lost the ticket. It wasn't that much tho, 40 euros.

    • @dumbleking5172
      @dumbleking5172 Před 3 lety +62

      Scientific observation.

    • @smh1245
      @smh1245 Před 3 lety +329

      Isn't it random? Why would there be a pattern?

    • @BohdanMelnychuk
      @BohdanMelnychuk Před 3 lety +95

      My mom once won 5UAH, approximately 1USD at that time xD

    • @NightcorEDM
      @NightcorEDM Před 3 lety +38

      That's not how luck works

  • @superdestrier9160
    @superdestrier9160 Před 3 lety +21433

    This guy is getting lots of sponsorships, I can tell because his stock footage is getting much more high quality.

    • @muhamadirham1494
      @muhamadirham1494 Před 3 lety +115

      Don't get it please explain

    • @dominicbruce7558
      @dominicbruce7558 Před 3 lety +442

      Muhamad Irham he uses so many stock videos which costs money

    • @ce3jay196
      @ce3jay196 Před 3 lety +709

      @@muhamadirham1494 basically he has the footage of random people doing stuff in his vids for example the maths guy at the beginning, this is known as stock footage. This is normal owned by a website that charges people for the use of the stock footage. And the better quality the more expensive it is.

    • @muhamadirham1494
      @muhamadirham1494 Před 3 lety +137

      @@ce3jay196 now I get it thank you very much

    • @ce3jay196
      @ce3jay196 Před 3 lety +63

      @@muhamadirham1494 all good 👍

  • @RawDepth
    @RawDepth Před 3 lety +840

    Hold on there, Jasper. You're forgetting the fact that if multiple people win with the same numbers, they share the prizes, which reduces your take.

    • @nickkayfabe6147
      @nickkayfabe6147 Před 3 lety +55

      HOLD IT!
      They’re likely married, so that means that they would likely use both of their gains together, which not only gets rid of the problem you proposed, but also means that one of them can tell the other if something is a bad idea!

    • @jackielinde7568
      @jackielinde7568 Před 3 lety +78

      Well, sort of. The top prize is always split among winners, and sometimes the runner up works that way. But a lot of them don't. And the lower prizes, like the three and four ball winners get paid from a different pool that doesn't require splitting of such small prizes.

    • @brokenglasseso3
      @brokenglasseso3 Před 3 lety +67

      Also....taxes

    • @freshrockpapa-e7799
      @freshrockpapa-e7799 Před 2 lety +36

      @@brokenglasseso3 this, there's no way this is real. They would need a return of more than 50% before actually getting a profit if accounting for taxes

    • @soyalguien335yt4
      @soyalguien335yt4 Před 2 lety

      The odds of that is (kinda number of people playing) in 9.3mil, most people decide to buy balls with birthdays and that stuff son numbers above 30 are used less, so if 100000K people buyd the lottery and you havent chosen obvious numbers the odds of someone getting dame numbers is around 1 in 100 and way smaller for more than one, making the estimated value go down around 0.5%

  • @zobiah6263
    @zobiah6263 Před 3 lety +43

    When you go down to calculating the number of tickets that are expected to have 4 match, you don’t count all 200,000 that you bought. You have to subtract the amount that were 6/6, and 5/6. They don’t get to count again

  • @Iokser
    @Iokser Před 3 lety +2038

    Side effects: Lupus?
    Nah, it can't be. It's never lupus.

    • @lonestarr1490
      @lonestarr1490 Před 3 lety +46

      Well, the expected value of it being lupus ain't zero.

    • @chernobyl13
      @chernobyl13 Před 3 lety +61

      It's never lupus, except for the one time that it was. But only that one time.

    • @AxxLAfriku
      @AxxLAfriku Před 3 lety

      KAKAKAKAKAKAK this is wonderful! PRANK! It is terrible! I looked in the mirror and saw something UNPRETTY: my face. KAKAKAKAKAKA! But I am happy agayn because I have TWO HOT GIRLFRIENDS and I use them to get views on my videos! KAKAKAKAK!!! Good day, dear lokser

    • @Banom7a
      @Banom7a Před 3 lety +1

      funny thing, in malay, Lupus mean dispose

    • @kribbledibble3291
      @kribbledibble3291 Před 3 lety +6

      AxxL the lokser is you

  • @saadamansayyed
    @saadamansayyed Před 3 lety +814

    This guy was obsessed with planes, trains, and now, he's with the lottery.

  • @kcnl2522
    @kcnl2522 Před 3 lety +32

    The grandpa buying thousands of lottery tickets sounds like the dude from the math books.

  • @MrsajasPT
    @MrsajasPT Před 2 lety +6

    There's a movie coming out in less than a month based on this story starring with Bryan Cranston called Jerry & Marge Go Large

  • @The5lacker
    @The5lacker Před 3 lety +4757

    "American states have a god-given right to repeat the mistakes of other American states" sure has been our motto these last few months, hasn't it?

    • @bosoerjadi2838
      @bosoerjadi2838 Před 3 lety +72

      The entire video has been a build-up just so he could make that statement at the end.

    • @DeathnoteBB
      @DeathnoteBB Před 3 lety +16

      Months?

    • @Freak80MC
      @Freak80MC Před 3 lety +35

      All the other states not learning from NY and now Florida has more active cases of covid by like 45,000 more active cases than NY had at it's peak... Which was the highest beforehand. Yikes.

    • @michaelmodernsonicfan5341
      @michaelmodernsonicfan5341 Před 3 lety +12

      That was cringe bro

    • @intrepidpursuit
      @intrepidpursuit Před 3 lety +35

      @@Freak80MC But California is ahead of both and doesn't get mentioned... It is very annoying when it turns from being about facts to being political.

  • @mimikal7548
    @mimikal7548 Před 3 lety +1870

    Actually the jackpot case is different because if you win the jackpot then the lower prizes will not get the rolldown so the actual expected value is probably a few percent lower than what the video says.

    • @martinarbe1
      @martinarbe1 Před 3 lety +102

      Very true, economist here

    • @andriyshapovalov8886
      @andriyshapovalov8886 Před 3 lety +8

      Interesting

    • @intrepidpursuit
      @intrepidpursuit Před 3 lety +51

      That would be the case all the way down if I understand it correctly.

    • @garretth1863
      @garretth1863 Před 3 lety +73

      But the jackpot is 2 million dollars so whether or not you get the rolldown you still make bank 2:48

    • @highpath4776
      @highpath4776 Před 3 lety +18

      @@martinarbe1 Does it not depend on the actual rules of the specific lottery. Normally indeed prizes are distributed Win Amount ( as a percent of total ticket prices bought ) to Win Tickets in proportion. So say a 10% division across Winning Number/s is divided to those winning tickets, which might be one ticket, 400 tickets , 4000 tickets or whatever. The problem for the operator is offering a FIXED amount of Win Prize per winning ticket.

  • @heidibarker9550
    @heidibarker9550 Před 3 lety +337

    I wish school taught us how to file taxes and have a mandatory class for actual life skills

    • @badlydrawnturtle8484
      @badlydrawnturtle8484 Před 3 lety +14

      I had a financial literacy class in high school. I went to a weird school, but still, they exist.

    • @Grivian
      @Grivian Před 3 lety +18

      Like what? What do you need to know? Filing taxes isn't hard. What we learn is useful for many reasons, one of the more underrated reasons is to improve our learning ability.

    • @MohammadIbrahim-sq1xn
      @MohammadIbrahim-sq1xn Před 3 lety +22

      Bruh taxes are simple percentage elementary school maths if you only had paid some attention rather than thinking miscellaneous

    • @code5829
      @code5829 Před 3 lety +3

      Learn it yourself. Better than school

    • @Whofuckencares808
      @Whofuckencares808 Před 3 lety +17

      Bro grow up. Most kids whine about this. Most of y'all would probably be on your phones in class. 🙄

  • @ejreob
    @ejreob Před 3 lety +11

    The insight people really need to take away from this is that once the rollover reached a certain size ALL lottery tickets had an expected value of more than their cost. Buying lots of tickets didn't increase the expected value but it did make making money off it practical.

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY Před 3 lety +937

    “No great mind has ever existed without a touch of madness.”
    ― Aristotle

    • @fauxhound5061
      @fauxhound5061 Před 3 lety +14

      Arse-total

    • @briandoolittle3422
      @briandoolittle3422 Před 3 lety +8

      I guess that qualifies me as a great mind!

    • @enchant1651
      @enchant1651 Před 3 lety +2

      Name one genius that ain’t crazy - Kanye

    • @firstnamethenameafterthefi5687
      @firstnamethenameafterthefi5687 Před 3 lety +2

      @@briandoolittle3422 uhhh, even though its a joke.
      "Every great mind has a touch of madness" doesnt mean that un-great minds cant have a touch of madness.
      mAyBE eVerYOne Is CRAZY

    • @blueeye2281
      @blueeye2281 Před 3 lety

      Arrrrrrrghhhhhh
      You are also here¿

  • @samiularko
    @samiularko Před 3 lety +1643

    So you two gramps are cons?
    - "Yep"
    What do you do?
    - "Rob lotteries"
    Where are your guns?
    - *whips out calculator* "Right here"

  • @carsongbaker
    @carsongbaker Před 2 lety +109

    Hold up their only crime was buying lots of tickets. That means anyone playing would have the same odds. So they did nothing special they just bought tickets.

    • @matthewchacon2625
      @matthewchacon2625 Před 2 lety +7

      That’s half as interesting

    • @rpe
      @rpe Před 2 lety +4

      who tf said that it was a crime? you look like a discord mod in your pfp

    • @sevensouls009
      @sevensouls009 Před 2 lety +4

      @@rpe That is the worst insult in the history of mankind, I here by arrest you for violating the 31st human right that I totally didn’t just make up, the Discord Mod right, where all human beings have the right to no be called a discord mod with the exception of people named John.

    • @rpe
      @rpe Před 2 lety

      @@sevensouls009 xDD

    • @sammygg21
      @sammygg21 Před 2 lety

      @@rpe I wouldn't want to be tending to the lotto register seeing them walk in. That's for sure.

  • @MiMayonGo
    @MiMayonGo Před rokem +4

    Alternate timeline where Walter White was a mathematician.

  • @vrind2705
    @vrind2705 Před 3 lety +360

    The Grandparents to their Grandchildren:
    *Do your maths and you can break the lottery just like us*

    • @sakinano99
      @sakinano99 Před 3 lety

      found the brit

    • @vrind2705
      @vrind2705 Před 3 lety

      @@sakinano99 I am not british

    • @thomasjohnson1355
      @thomasjohnson1355 Před 3 lety

      He, like me, is probably American, and in America we say Math, not Maths, and I have no preference to either because they mean the same thing, but most Americans, when they hear anything to do with the metric system, or the word maths, think of Britain, or England, not, literally all but one other country in the world. (Edit, fixed comma placement)

    • @vrind2705
      @vrind2705 Před 3 lety +2

      @@thomasjohnson1355 I'm from Singapore

    • @dorycarol3170
      @dorycarol3170 Před 3 lety +2

      @@vrind2705
      opponents demolished
      Oof size: large

  • @DansHobbies
    @DansHobbies Před 3 lety +907

    mistakes in the math:
    1) counted the 3/6 & 4/6 and ... added them all together which means a 5/6 would also count as a 4/6 and a 3/6. Basically double counting - need to use the "Inclusion-exclusion principle" .
    2) in the 2/6 the tickets you would get (from what i understood) would be used in a later prize pool which has a good probability to be lower. which means that their value would decrease.
    3) and lastly the amount of time it would take to fill out all those form would be insane!!! if it would take 5 seconds to fill a form, which I doubt, it would take 1,000,000 seconds (5x200,000) which is 277 hours. A average work week is 40 hours therefor it would take almost 7 work weeks to fill out those forms. Average salary in the US is 52,000$ a year which is about 1,000$ a week. so add another 7,000$ dollars to the cost of filling out the forms.
    sorry for the long comment!

    • @wigglebot2368
      @wigglebot2368 Před 3 lety +7

      True

    • @KamiInValhalla
      @KamiInValhalla Před 3 lety +158

      They are grandparents. Most likely have all the free time they need.

    • @talaridharani8046
      @talaridharani8046 Před 3 lety +81

      We have now computer programs which can fill millions in seconds

    • @florianoberender730
      @florianoberender730 Před 3 lety +65

      4) You can choose the numbers you pick more carefully to get higher chances of getting 2, 3, 4 or 5 matching numbers. How to do it in the best way is actually an open problem, but I'm sure that you can optimize it a bit. So the actual expected value could be higher

    • @cardsharkz485
      @cardsharkz485 Před 3 lety +80

      @@flowerwithamachinegun2692 You sir obviously know nothing about statistics

  • @willrogers57
    @willrogers57 Před 3 lety +13

    I remember reading about this quite some time ago. This was an excellent, easy to understand explanation, well done!

  • @alexski2271
    @alexski2271 Před 3 lety +45

    I was not expecting that Elon and grimes joke but it SENT ME

  • @psychiatry-is-eugenics
    @psychiatry-is-eugenics Před 3 lety +1073

    People seem to be ignoring the fact that they actually DID THIS for years and came out 26 million ahead

    • @AirLancer
      @AirLancer Před 3 lety +160

      To be fair, to make a scheme like this pan out you'd need tons of money beforehand to buy a lot of lottery tickets. The odds only even out once you can buy enough.

    • @clray123
      @clray123 Před 3 lety +112

      @@AirLancer You can be sure that creditors will line up if your business consistently returns 21% every week (or however often that lottery was organized). The bigger question is, how the fuck did he manage to buy all those tickets without the organizers catching up. Or maybe it's just it took them years to change the stupid law (more likely).

    • @andriyshapovalov8886
      @andriyshapovalov8886 Před 3 lety +31

      @@clray123 There was many friends and family involved....

    • @Lyrandar
      @Lyrandar Před 3 lety +18

      and they were already business owners too.

    • @factsoverfiction7826
      @factsoverfiction7826 Před 3 lety +43

      @@Lyrandar Not just any business ... They owned a convenience store. May've used the biz to mask their purchases.

  • @no_one_of_interest
    @no_one_of_interest Před 3 lety +278

    His videos are turning into more of him self-deprecating himself than the actual topic

    • @illusionfaderr5394
      @illusionfaderr5394 Před 3 lety +3

      I’m concerned cause his videos weren’t this way. Quarantine getting to his mental state?

    • @MrKJ444
      @MrKJ444 Před 3 lety +2

      it's probably bc his Wendover Productions videos are always serious

  • @JoeR203
    @JoeR203 Před 2 lety +30

    Back in the early 90s, the Connecticut lottery was $14 million. Probably the highest it's ever been. I had 5 of the 6 numbers. Thinking 5 numbers had to be good for at least a 6 digit payout, I was pretty upset when I learned that they have a set amount that gets shared with other winners who had 5 numbers. Want to know how many other people had 5 numbers? 180! Never before, and never since, have that many people had 5 numbers on one drawing. I check the payouts and you never see more than 7 winners having 5 numbers. And I'm sure there are more people playing these days, than in the 90s.

    • @abacusamateur5264
      @abacusamateur5264 Před rokem +2

      Maybe it's because people who play the lottery tend to pick some numbers more than others, and maybe there were 6 common numbers rolled, which led to an abnormal amount of people getting 5 numbers.

    • @dudu28r81
      @dudu28r81 Před rokem

      Cool but you should at least tell us how much you got in the end

    • @JoeR203
      @JoeR203 Před rokem +2

      @@dudu28r81 Not that it is anyone's business, but less than $3,000.

  • @minihamSC2
    @minihamSC2 Před 3 lety +9

    It is important to mention that the overall expected return of the lottery was significantly less than one. The important part that he glances over is the two million figure he briefly mentions. The "winfall" only happened when that week the total prize rose above two million. So it was only profitable on the weeks where the winfall condition would take effect. Otherwise you would just be feeding the pool. There were groups that would put enough money in to unexpectedly bring the total prize pool over two million by buying hundreds of thousands of tickets, in order to get a larger share of the two million that was built up over previous weeks. The video makes it sound like the state was losing money, which was not the case at all. When mega millions rises high enough it is the same thing, where your expected value increases over time when there aren't any winners to the point where it may become above 1. Is it really a loop hole to buy more tickets when the prizes are higher?

  • @vasilzahariev5741
    @vasilzahariev5741 Před 3 lety +497

    So the couple didn't break the lottery, the lottery broke the lottery.

    • @waffles9771
      @waffles9771 Před 3 lety

      eyy my first name sounds like yours but mine starts with B

    • @waffles9771
      @waffles9771 Před 3 lety +2

      @XxObamiumMaster69xX nah its Basel lol not Basil and no I aint.

    • @speednhazerecords5570
      @speednhazerecords5570 Před 3 lety +1

      I dont get the video

    • @stevebabiak6997
      @stevebabiak6997 Před 3 lety

      More like they made the lottery go broke ...

    • @drewp6698
      @drewp6698 Před 3 lety +10

      That's what I was thinking. Wouldn't any state using this lottery system lose money every time the pot got big enough?

  • @cedricye1767
    @cedricye1767 Před 3 lety +297

    There is 1 thing I learned from the video:
    Sam likes stealing hot dogs

    • @ruegables5322
      @ruegables5322 Před 3 lety +6

      so *basically* this was just:
      (Relatable teen memes) +
      *1. Lottery made it easy to win, lots, very often, and you could check with basic statistics.*
      2. *Already-Wealthy* American bought $XX,000,000 of them to amass a fortune. Buy *earplugs.*

    • @drogenfeld
      @drogenfeld Před 3 lety

      @@ruegables5322 Or in other words: bad.

  • @dextro6945
    @dextro6945 Před 2 lety +21

    "Bonkers amount of math, srsly this math so hard hur dur"
    > 8th grade math barely qualifying as "statistics".

    • @the10ofdiamondscard
      @the10ofdiamondscard Před 2 lety +1

      actually you need a phd to understand :)

    • @justinwhite2725
      @justinwhite2725 Před 2 lety

      That he doesn't even do correctly. He forgot to subtract the 5 number winners from the number of tickets for the 4 number winners, because you ant win both on the same ticket.

  • @NB_703
    @NB_703 Před 3 lety +31

    Here I am wondering if the “Lupus” was a reference to House.

  • @chrisosborne4731
    @chrisosborne4731 Před 3 lety +346

    I'd like to point out that the video fails to inform us that Selbee was not alone in investing his money in the lottery. Firstly, Selbee had already been buying lottery tickets for other lotteries with positive expected values before moving on to Cash Winfall in Michigan. Secondly, he was part of a 32 person betting group, so this wasn't just a story on "how two grandparents broke the lottery". Finally, they weren't the only notable group playing the lottery this way. There was an MIT group of about 50 people who used the strategy, going on to make a business out of it. Some biomedical researchers from Boston University got involved as well.
    If you liked the story in the video, I'd recommend reading "How Not to Be Wrong: The Power of Mathematical Thinking" by Jordan Ellenberg.

    • @fkcct6967
      @fkcct6967 Před 3 lety +23

      thank you for actually explainimg it, this channel is so fruatrating because at the end of the video i have more questions than at the beginning because instead of finishing the video they have to be able to make a snarky transition to their ad read

    • @kathyl9222
      @kathyl9222 Před 2 lety +2

      Selbee himself also has a graduate degree in math

    • @cmendoza1094
      @cmendoza1094 Před 2 lety

      I like the fantasy better, plus it's just as believable. This is all High School level math and statistics here.

    • @steviesevieria1868
      @steviesevieria1868 Před rokem

      Jerry and Marge go large

  • @FingeringThings
    @FingeringThings Před 3 lety +591

    Lottery: Exists
    Mathematicians: It’s free real estate

    • @robertgc2889
      @robertgc2889 Před 3 lety +3

      Fingering Things ✔️ you watch hai I thought you where stupid

    • @jaelpikner9872
      @jaelpikner9872 Před 3 lety +21

      @@robertgc2889 Judging from the fact that you cannot spell, i think you might be the stupid one...

    • @YI-hf6tv
      @YI-hf6tv Před 3 lety +1

      hold the up

    • @officialmregghead750
      @officialmregghead750 Před 3 lety +8

      Fingering Things ✔️ you’re never going to get verified even if you have thousands of subs, having a fake checkmark to fool people you’re verified? What’s wrong with you

    • @tinodethuong
      @tinodethuong Před 3 lety

      fake checkmark? bro, we're not stupid. there would be a gray backround and a white checkmark on your name. we are not that dumb.

  • @justinwhite2725
    @justinwhite2725 Před 2 lety +12

    4:55 I noticed a math error. You are still determining the Ev based on 200,000. A ticket that won on 5 numbers can't win on 4 or less. And a ticket that won 4 can't win 3 or less. You'd have to subtract the expected number of tickets at each step before the next step.
    The incorrect way you did this makes it *just* above the EV, so I don't think it works if you did it correctly.

  • @peter-paulkutschlojenga7336

    So the lottery was basically always doomed to lose money and they just realized that buying much would lose the lottery much? Damn, that was some advanced math right there, glad it was pretty math

  • @AntneeUK
    @AntneeUK Před 3 lety +127

    Says "$484,463.5", but has $484,206 on the screen. Meanwhile in my brain: "Cannot compute, malfunction, malfunction!"

  • @IsratJahan-ye7jm
    @IsratJahan-ye7jm Před 3 lety +524

    What was here?

  • @itypedmynamehere1807
    @itypedmynamehere1807 Před 3 lety +1

    Great technique to get folks to watch the entire vid. You prep’d us for an insane amount of math then showed a regular amount. Nice!

  • @vardhmansoni1999
    @vardhmansoni1999 Před 3 lety +8

    New startup idea : investors i need seed funding 😂 business model : buying tickets

  • @iniesta8856
    @iniesta8856 Před 3 lety +201

    “Sire! The people are revolting!”
    Oh my, what do they want?
    “They want Bricks my lord... Bricks!”
    NEVER!

    • @nk6197
      @nk6197 Před 3 lety +6

      T H I S N E E D S M O R E L I K E S
      so @Half as Interesting sees it

    • @seth5899
      @seth5899 Před 3 lety +1

      Get this comment to the top

    • @Leekodot15
      @Leekodot15 Před 3 lety +1

      Ermm... You could have said 0.5% of the population.
      Half of 1 is 0.5, or one... One half.
      Correct me if I'm wrong...
      *I dare you.*

    • @joy941
      @joy941 Před 3 lety

      Iniesta 8 Lol, love that xd

  • @J0R1AN
    @J0R1AN Před 3 lety +394

    I think I spotted a slight error in your math: you used 200.000 tickets for all calculations, but if you won for example the 3 matching prize, you wouldn’t have a chance to also win the 2 matching prize with that same ticket. So the expected value will be a bit less.
    -I myself honestly don’t really want to do that correct math but maybe someone else does.- (you would need to calculate how many tickets win the 5 matching prize, and subtract that from the total in the next smaller calculation and that for all the numbers)
    Maybe this was just an oversimplification for the video, but you could have mentioned it. Anyway, keep up the great work

    • @PoprocksAndCoke777
      @PoprocksAndCoke777 Před 3 lety +30

      I noticed the same thing, unless he already did the subtraction without stating so?

    • @VioletEnds
      @VioletEnds Před 3 lety +25

      @@PoprocksAndCoke777 I'm guessing this is the case. He probably just wanted to simplify it.

    • @emmanuelwestra6524
      @emmanuelwestra6524 Před 3 lety +1

      @@VioletEnds Why? Give us the math!

    • @timtams_6
      @timtams_6 Před 3 lety +18

      @@emmanuelwestra6524 you want lupus that badly?

    • @Tuerschutzverein
      @Tuerschutzverein Před 3 lety +3

      5 of 6 numbers correct: 1 in 39,028
      5.12 * 22,096$ = 110,480$
      new tickets: 200,000 - 5.12 = 199,994.88
      4 of 6 numbers correct: 1 in 800
      250 of 199,994.88 tickets qualify (exactly 249.9936)
      250 * 807.52$ = 201,880$
      new tickets: 199,994.88 - 250 = 199,744.88
      3 of 6 numbers correct: 1 in 47.4
      4,214 of 199,744.88 qualify
      4,214 * 26.85$ = 113,145.9$
      actual return 425,505.9$
      return in video: 425,640$
      video profit is 0.0003% more than correct
      i'm using "," for thousand and "." for decimal (US way, although i'm not from there)
      don't know if my calculations are correct, did them fast, errors could occur

  • @41linestreet
    @41linestreet Před 3 lety +6

    "If not, then this video will make as much sense as the relationship between Elon Musk and Grimes" 😂😂😂😂 the jokes are on point!

  • @himanshugarg1882
    @himanshugarg1882 Před 3 lety +5

    This is more like a commentary video rather than an infotainment video

  • @VaultBoy1300
    @VaultBoy1300 Před 3 lety +137

    Haha let’s point and laugh at hot dog tuxedo boy 😂

  • @johnchessant3012
    @johnchessant3012 Před 3 lety +459

    "American states have a god-given right to repeat the mistakes of other American states."

    • @meoswald9131
      @meoswald9131 Před 3 lety +15

      Sir I had not heard or read better statement or description about US.

    • @Karen-pk3uv
      @Karen-pk3uv Před 3 lety +20

      Americans, as a rule, have far too much "your not the boss of me" along with the need to learn everything the hard way built into their identities. Lol

    • @lucasw7647
      @lucasw7647 Před 3 lety

      But is he wrong?

    • @mikosoft
      @mikosoft Před 3 lety +4

      @@lucasw7647 ask the relatives of the coronavirus victims.

    • @lucasw7647
      @lucasw7647 Před 3 lety

      mikosoft lol do the answer is no he’s not wrong

  • @note5068
    @note5068 Před 3 lety +2

    "The older you got, The wiser you are"

  • @gennebelcher3830
    @gennebelcher3830 Před 3 lety +6

    You had me worried about the math, but like it was middle school math a worst

  • @Spectre_110
    @Spectre_110 Před 3 lety +438

    “You know what isn’t a mistake getting a pair of raycon earbuds” yes it is a mistake they are horrible for anybody who’s used either the base or “high quality” pair

    • @davitisahakyan48
      @davitisahakyan48 Před 3 lety +13

      50 more dollars for Airpods

    • @MikeGolfLima
      @MikeGolfLima Před 3 lety +23

      @@davitisahakyan48 airpods are junk no even moisture proof, also it's too much money for 20hz-20khz, Audio Technica is were it's at.

    • @ndaemon1718
      @ndaemon1718 Před 3 lety +86

      @@MikeGolfLima audio technica.. you clearly have no idea what good sound is.. i use tin cans connected by a rope and let me tell you.. this has the best sound quality in the industry. so much so in fact that i replaces my ears with tincans and a rope! never heard better sound in my life!. Next week .. Why my organs are better replaced by balls of tinfoil!

    • @normanclatcher
      @normanclatcher Před 2 lety +13

      Me, who's using a hat he bought off Amazon with cheap Bluetooth speakers in the brim: 😕

    • @RayyanAshraf
      @RayyanAshraf Před 2 lety

      Galaxy Buds ftw

  • @heatherlee4366
    @heatherlee4366 Před 3 lety +84

    NO WAY!!! YOU'RE HOT DOG TUXEDO BOY!!?? Dude we have to reconnect!

  • @xrayron9557
    @xrayron9557 Před 3 lety +11

    I wanna know how long it took to fill out and purchase/print/check all those tickets 🤣

    • @yankees29
      @yankees29 Před 2 lety

      They owned a convenience store. They had their own machine.

  • @aaronjett6122
    @aaronjett6122 Před 3 lety +4

    Did you use the numbers without replacement or could the 5/6 odds tickets also win the 4/6 and 3/6 odds winnings?

  • @tangeriine4715
    @tangeriine4715 Před 3 lety +569

    Half as Interesting: like when the Fire Nation attacked...
    Me: *ah, a cultured man.*

    • @lucasw7647
      @lucasw7647 Před 3 lety +4

      tangeriine ah I see ur a man of culture* (is this better?)

    • @SATEFAKAP
      @SATEFAKAP Před 3 lety +4

      but baa sing se still peaceful after fire nation attack

    • @leeroymlg4692
      @leeroymlg4692 Před 3 lety +3

      Good show, over used meme

    • @SATEFAKAP
      @SATEFAKAP Před 3 lety

      @Gentcheeto at 2:59

    • @cupboard_admin954
      @cupboard_admin954 Před 3 lety +1

      Wtf when I read this comment the part of the video formation played

  • @BinkiklouGaminglol
    @BinkiklouGaminglol Před 3 lety +121

    The only loophole I know is in youtube that makes it possible for Half as Interesting to be popular with such bad jokes.

    • @aech7150
      @aech7150 Před 3 lety +4

      Good try bro

    • @4ltrz555
      @4ltrz555 Před 3 lety +2

      @@aech7150 he still has more likes than you

    • @aech7150
      @aech7150 Před 3 lety +1

      @@4ltrz555 ya no i just finished the video this wasnt his best work lmao

  • @supier_men7522
    @supier_men7522 Před 2 lety +4

    Sounds a lot like the new Paramount + movie Jerry and Marge Go Large

  • @uni1014
    @uni1014 Před 3 lety +3

    Surely if you've already taken into account the tickets where 5 numbers match you wouldn't put them in the category for if 4 numbers match? Just like probbilities with or without replacement. You did with? Which isn't realistic? Or did i follow on wrong?

    • @manfromwuhan714
      @manfromwuhan714 Před 2 lety

      Yh so minus 5 who cares. It’s negligible anyway and ur working with expected values so it’s just an estimate

  • @OriginalPiMan
    @OriginalPiMan Před 3 lety +77

    I've thought about similar schemes with the lotteries in my area, and I'm pretty confident it wouldn't work.
    My understanding is that these lotteries don't award the full prize to every winning ticket; they split the prize between each winning ticket.
    So if I win the jackpot but so do two other people, then I only win a third of the jackpot.
    Might be fine though, because I don't know if it also works that way for lower division prizes.

    • @megarockman
      @megarockman Před 3 lety +6

      Breaking up the jackpot only happens with the very top prize

    • @sayamqazi
      @sayamqazi Před 3 lety

      @@megarockman to add to that it gets lesser and lesser likely for more and more peopole to win the highest jackpot.

    • @Leekodot15
      @Leekodot15 Před 3 lety

      *EXPONENTIALLY* lower odds.
      We're talking about a 1 in (Jackpot odds to the power of however many people won the jackpot)

    • @andrewharbison720
      @andrewharbison720 Před 3 lety +1

      @@kithraya7081 no. Your odds will always be the same based on how many tickets you have

  • @ihavetowait90daystochangem67

    Wait you have to learn math before breaking a mathematical loophole in a lottery? Ok I’m gonna go out now

  • @financiallybrodie6157
    @financiallybrodie6157 Před 3 lety +7

    I really liked how you went in-depth! The explanation of a confusing story to make it in lay-mans terms was a great process.

  • @Surrenitie
    @Surrenitie Před 3 lety +5

    You're so nice, my teacher didn't warn me about math...

  • @Jxrdan_v
    @Jxrdan_v Před 3 lety +6

    0:23 GLIZZY GOBBLER

  • @MinecrafterCarter
    @MinecrafterCarter Před 3 lety +59

    In case anyone is confused, expected value is essentially just a fancy way to say ‘average value’ or ‘mean’. Expected value is the sum of multiplying each outcome by their respective probabilities (the likelihood the outcome will occur) instead of the sum of all terms (x) divided by the number of terms (n), probability is essentially number of favorable outcomes for an event divided by the total number of outcomes. Tldr, expected value just uses a rearranged formula to get the mean, expected value is just used for random variables (such as lottery winnings), while we typically use mean for samples.

  • @sunnymango5302
    @sunnymango5302 Před 3 lety +9

    I’m more interested in the hot dog guy lol

  • @theshadow9238
    @theshadow9238 Před 3 lety +2

    Lmfaooo the hot dog tuxedo boy story HAD ME ROLLING

  • @just-a-username
    @just-a-username Před 3 lety +62

    I started watching this...then I got the notification for it.
    I am *SPEED*

  • @charlespletzke8311
    @charlespletzke8311 Před 3 lety +114

    It’s never Lupus
    Shoutout to all the House fans

  • @jplabs456
    @jplabs456 Před 3 lety

    ‘At least, it *was* for THIS man.’
    *shows a shelf*

  • @rksita
    @rksita Před 2 lety +1

    "
    U STILL NEED A LOT OF LUCK TO PULL THIS OFF SUCCESSFULLY"

  • @GankiaSFM
    @GankiaSFM Před 3 lety +49

    People: Break the lottery
    Gouvernment: wait you weren't supposed to do that

    • @rivenoak
      @rivenoak Před 3 lety

      gov is cool about that, they collect taxes from the winner. federal tax + state tax :)
      for example california is nice and doesnt collect state tax on winnings, but unfortunately Massachusetts does :p

  • @namelmao4231
    @namelmao4231 Před 3 lety +25

    Me: How would math help me in the future?
    Teacher:

    • @daniellabinjo6046
      @daniellabinjo6046 Před 3 lety +2

      I learned this one on my own If you start a business it can teach you how to scale profit, analyse and understand complex physical phenomena math can teach you how to minimize costs, the most important benefit of math is that it teaches you how to think logically and in an abstract way

  • @ianandersen265
    @ianandersen265 Před 3 lety

    In my home state, the local lottery got so big once that the player had an advantage due to low sales. The lottery immediately changed the rules after the jackpot was won to only one person.

  • @milkman2143
    @milkman2143 Před 3 lety +2

    Grandparents: "1 + 1 = 6"
    Lottery: *shut up and take my money*

  • @williamhrivnak7345
    @williamhrivnak7345 Před 3 lety +27

    I remember watching this on 60 minutes back in January. They had a federal fraud agent coming after them because he thought they were cheating only to find out they were in fact playing the game fairly and there was nothing he could do. They also had storage lockers full of every single lottery ticket over the years in case they had to do some proving.

  • @mysteryman7877
    @mysteryman7877 Před 3 lety +58

    As an Arizonan, I will viciously defend my state’s right to repeat other states’ mistakes

  • @skeetum8943
    @skeetum8943 Před 3 lety

    oh that was a smooth segue into the sponsor. one of the cleanest ive seen in a while

  • @abush325ix
    @abush325ix Před 2 lety

    That very specific prom story makes me choosing to work instead of going a lot less sad.

  • @SamVillano
    @SamVillano Před 3 lety +11

    “Hopefully, you followed that.” *wasn’t listening at all, keeps watching*

  • @lucaschai5788
    @lucaschai5788 Před 3 lety +25

    I might break the lottery if I had a time-traveller

    • @grateful.
      @grateful. Před 3 lety

      Or if you can see future winning numbers

    • @crispyrainbow
      @crispyrainbow Před 3 lety

      Jack White you can’t ask for specific numbers on a ticket

    • @blake9746
      @blake9746 Před 3 lety

      @@crispyrainbow Yes, yes you can.

  • @user-tb9yv4zz3u
    @user-tb9yv4zz3u Před 2 lety +1

    The fact that not a single person involved in the lottery figured out this loop hole, that only involves high school levels of probability and statistics, boggles my mind.
    America at its finest

  • @HitCSGO_
    @HitCSGO_ Před 3 lety

    Started doing this meditation at my wits end. I was suffering mentally emotionally and financially. Didn’t have a job. Started August 2019 and it’s now April 2020 I have had a job since November & got another job

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY Před 3 lety +44

    “If a machine is expected to be infallible, it cannot also be intelligent.”
    ― Alan Turing

    • @michaeljohnson905
      @michaeljohnson905 Před 3 lety +5

      What the hell does that quote have to do with this video m8

    • @Automatic-Diaphragm
      @Automatic-Diaphragm Před 3 lety

      Is that really his quote? That would've been very insightful of AI.

    • @Klrfl101
      @Klrfl101 Před 3 lety

      @@michaeljohnson905 maybe the Lottery machine has something to do with this

  • @plakeplays6420
    @plakeplays6420 Před 3 lety +16

    6:14 Yeah it is a mistake raycons are pretty horrible Its the reason why there so damm cheap there not high quality.

  • @underconctruction
    @underconctruction Před 3 lety

    OMG i lmao when you started to list “side effects “ 😂🤣😂🤣😂🤣😂 I love Math 😍

  • @andreworders7305
    @andreworders7305 Před rokem

    Sounds like one of those clickbait/malware articles you find at the bottom of shady or sell-out websites, next to “You won’t believe what these child stars look like now” and “10 times celebrities went too far”.

  • @loetenn9524
    @loetenn9524 Před 3 lety +51

    editor: How much stock footage do you want?
    Half as Interesting:
    y e s

    • @andrewjgrimm
      @andrewjgrimm Před 3 lety

      Economics Explained: Am I a joke to you?

  • @NathanCorleone
    @NathanCorleone Před 3 lety +15

    Imagine trying to find a stock video for “hot dog tuxedo boy”

  • @JohnDoe-pc6xr
    @JohnDoe-pc6xr Před 3 lety +1

    Maybe I missed a point. But one ticket = one prize (i.e. if you match 4 numbers, then you can't get the lower or higher value prize with said ticket). How can they be added together as shown?

  • @benr10
    @benr10 Před 2 lety

    Crazy to think that Sam beat Hollywood to getting this story out there!

  • @yardenfrank357
    @yardenfrank357 Před 3 lety +6

    "And just like the fire nation attacked, the jackpot rolldown changed everything"
    Nice.

  • @weee50
    @weee50 Před 3 lety +35

    5:18 You said "$484,463.5" but put "$484,206" on the screen.

    • @WanderingYankee
      @WanderingYankee Před 3 lety +6

      But how did he even get the fifty cents? At 5:16 he shows "$29,412 x 2 = $58,823.5". I think he is trying to cheat us out of fifty cents!

    • @jareknowak8712
      @jareknowak8712 Před 3 lety +3

      Next episode of HAI:
      "Why life in jail is not bad"
      XD

    • @shootingskelly17
      @shootingskelly17 Před 3 lety +1

      It'll be interesting to see how many things from this video get into the Mistake Corrections Episode 3.
      May be multiple multiple things.

    • @WanderingYankee
      @WanderingYankee Před 3 lety

      @@shootingskelly17 Not from me. That is the extent of my math skills.

    • @jareknowak8712
      @jareknowak8712 Před 3 lety

      @@WanderingYankee
      So go learn Yourself!
      I wanna see episode about jail!
      XD

  • @Maxime_K-G
    @Maxime_K-G Před 9 měsíci +1

    I don't get how the lottery could make such a mistake though. Weren't they basically guaranteed to lose money, whoever bought tickets? And isn't it their job to make sure they always have the advantage??

  • @andrewlegoboy8755
    @andrewlegoboy8755 Před 3 lety +1

    “Side affects may include unsubscribing” xD

  • @itstotallynotsai6577
    @itstotallynotsai6577 Před 3 lety +14

    I'm waiting to see a comment of the students HAI went with to school and see if they remember hot dog tuxedo boy

  • @bakarana455
    @bakarana455 Před 3 lety +34

    Video: Get top-quality, comfortable , and surprisingly affordable earbuds
    Description: Get top-quality, affordable, and surprisingly comfortable earbuds
    Which one is it HAI?

    • @dominichines9996
      @dominichines9996 Před 3 lety +1

      Both but only one or the other flows well

    • @Codricmon
      @Codricmon Před 3 lety +2

      I don't have any Raycons myself, but from what I've heard, they're top-quality, affordable, comfortable and, surprisingly, earbuds.

    • @uhohhotdog
      @uhohhotdog Před 3 lety

      None of the above. I tried them they’re trash

  • @vikrantdhapa
    @vikrantdhapa Před 3 lety

    I got one more reason to follow this channel..
    That is his on point "sense of humour"
    😇
    Wish you all the best.

  • @inmysites2
    @inmysites2 Před rokem

    Literally doubles the video length with tangents. Definitely a math guy.

  • @marianlool2939
    @marianlool2939 Před 3 lety +67

    How is nobody talking about that reference to Avatar: The Last Airbender?? He's a man of culture

    • @myman8336
      @myman8336 Před 3 lety +1

      Man of culture is he

    • @adwm
      @adwm Před 3 lety +2

      Literally everyone is -_-

    • @leeroymlg4692
      @leeroymlg4692 Před 3 lety +2

      Even people who haven't seen the show know that reference, its been around for a decade

    • @IceBlueLugia
      @IceBlueLugia Před 3 lety

      It’s one of the most popular kids’ anime. Not quite as big as Pokémon but about the same level as Yugioh and digimon

  • @Star-Man
    @Star-Man Před 3 lety +27

    Imagine going to prom 😏
    -Or having the courage to ask someone to prom-

  • @user-zj4rg9kn1c
    @user-zj4rg9kn1c Před rokem

    My grandpa uses to be a bookie. He wrote down every winning Ohio pick 3 numbers for the last 40 years and can go back to any date in his notebook and tell you the winners. He bets the most common numbers for the month, and wins kind of frequently.

  • @bronsolo6941
    @bronsolo6941 Před 3 lety

    I like math! I just stumbled onto your channel, will you have more like this to come?