Pinnacle of CCP software engineering and marketing then, took them 16 years or so. 
And as I wrote before itās mathematically a bad move, unless the offer reaches its end (and then itās a good move)
V being the market value of the item, S being the scam value of the offer, p being the chance to win the lottery (and at the same time the ratio of tickets he bought, if the lottery is not rigged)
the function V+ (1-p)ĆS is decreasing with p, therefore you want to have p the lowest so 0 if possible).
Thatās Andersen for you right there.
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TBFH they should only enable it by request.
tl:dr
āmath is unfairā
- the offer will be more pricey by default since the seller also needs to cover hypernode cost, and since ticket price is fraction of the value, ppl can put arbitrary prices, as long as someone is willing to buy the ticket
- ever been to a festival lottery? there are people who buy dozens of tickets if there is chance to win a bike, laptop or a cruiseā¦ same here. Except the ticket sellers irl donāt buy tickets themselves (but their friends and family members do)
- casino always wins
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Hard work, not luck is going to make one wealthy. Invest in yourself, not in lucky shot. Because even when you will win it easily, and good luck will be your only advantage, you will lose it even easier when good luck will be gone.
Very wise words. If your in the game for the short term, youāve already given yourself the short end of the stick. That being said, there is also no reason not to have a little fun playing the game. If part of thatās playing with Hyperbole Relays, so be it.
That reminds me - I need to check my hypernet offers and see how theyāre doing todayā¦Thanks fellas!
Even a ā ā ā ā Trump casino new better than to allow the dealer to bet their own hands at poker.
Imagine if state lotteries got to buy their own tickets.
Who the ā ā ā ā invented hypernet? Scoots Chobo?
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Yes, because in a real-life casino the dealer has the opportunity to cheat so you canāt allow them to have any incentive to do so. In EVE the person running a lottery has zero ability to cheat so thereās no reason not to let idiots buy their own lottery tickets.
Imagine if state lotteries got to buy their own tickets.
Again, not comparable. A state lottery does not have a finite amount of tickets such that any ticket bought by the state would result in one less ticket bought by a real victim customer. The state could ābuyā tickets covering every single number 1000 times each and keep all the money while still getting the same income (at least until people figured out that the lottery was a scam). In an EVE lottery there is a direct 1:1 loss of income for every ticket the seller buys, meaning each ticket has negative expected value and represents a net loss for the seller.
TL;DR: the only people dumber than the idiots buying their own lottery tickets are the idiots whining about it on the forums because they donāt understand math.
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Buying your own lottery ticket will narrow a margin of win for the buyer, but if the rng favors them then they will jump much farther ahead than had they posted a less competitive range.
It increases the chances of them completing a lottery too.
Thereās a lot wrong with it that went just over your head.
Well, you have certainly placed yourself firmly into the āidiotā category. The expected value of ANY lottery ticket purchase is negative, assuming two conditions are met:
- The total price of all tickets combined is greater than the price of the item (and if it isnāt the seller is an idiot for running a lottery instead of selling the item on the market for more ISK).
and
- The RNG is a true RNG and does not have any exploitable non-random element (picking certain ticket numbers more than others, etc).
There is no conceivable scenario, outside of buying the last tickets to guarantee completion, where buying your own lottery ticket has positive expected value and is a rational choice. You might get lucky in the short term but if you run 10,000 lotteries using the ābuy your own ticketā strategy you will make less ISK than if you had sold all tickets to other players.
It increases the chances of them completing a lottery too.
Which is a completely different scenario and irrelevant in this discussion. Obviously if you are about to reach the end of your lottery with unsold tickets you may wish to buy your own tickets to ensure completion. But that is not a case of the tickets themselves having positive expected value, you are decreasing your expected net profit from the lottery in exchange for removing the risk that the lottery fails to happen and you lose your F2P cash shop item for nothing.
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Yes, if the lottery is 150 over 100 actual value, and the lottery placer buys back enough tickets to reduce that to 110, heās increased the chances of the lottery completing in the first place, and has a chance to offset the negative value if over time the winnings favored him.
Yep, into the idiot category with you. There is zero chance of offsetting the negative value over time because thatās where averages kill you. The ONLY situation where you make any money from this āscamā is if you get lucky on the first attempt and then immediately quit trying it before your numbers can regress to the mean.
Also, if you arenāt completing lotteries without buying your own tickets then the market is over-saturated with lotteries and you should probably get out of the lottery business.
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This is largely false, ask any casino which has an expected negative return on Blackjack of ~1%.
But wins every time because their bank will break yours.
Nope. Blackjack favors the casino once you remove card counting, and the casinos have plenty of options for doing that.
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Re-evaluate that cuz youāre wrong at very large numbers. Around $1mil the odds truly favor the player, not the house.
{citation needed}
Same to you ~.~ Itās only intuitive the house always has an advantage, but thatās not actually always the case.
You donāt need card counting to have a player advantage at black jack.
Itās just the player canāt realize his advantage because of that small marginā¦the house can keep playing long after the player loses enough times to be wiped out or leave the table.
I will see if I can dig up a specific source on that, the idea isnāt mine obviously.