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An unnoted fair bet in german state run lotteries, a short notice

Author

Listed:
  • Frank, Sascha
  • Rehm, Jan

Abstract

A mathematical exposition on the matter of fair bets in german state lottery.

Suggested Citation

  • Frank, Sascha & Rehm, Jan, 2007. "An unnoted fair bet in german state run lotteries, a short notice," MPRA Paper 5766, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:5766
    as

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    File URL: https://mpra.ub.uni-muenchen.de/5766/1/MPRA_paper_5766.pdf
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    References listed on IDEAS

    as
    1. Victor Matheson, 2001. "When Are State Lotteries a Good Bet (Revisited)?," Eastern Economic Journal, Eastern Economic Association, vol. 27(1), pages 55-70, Winter.
    2. Anthony C. Krautmann & James E. Ciecka, 1993. "When Are State Lotteries a Good Bet?," Eastern Economic Journal, Eastern Economic Association, vol. 19(2), pages 157-164, Spring.
    3. Garrett, Thomas A. & Sobel, Russell S., 1999. "Gamblers favor skewness, not risk: Further evidence from United States' lottery games," Economics Letters, Elsevier, vol. 63(1), pages 85-90, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Lotteries; lottery; lotto; fair bet; Germany;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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