Finding good bets in the lottery, and why you shouldn't take them
Fuente:
arXiv
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| Autori principali: | , |
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| Natura: | Preprint |
| Pubblicazione: |
2025
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| _version_ | 1866909674159210496 |
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| author | Abrams, Aaron Garibaldi, Skip |
| author_facet | Abrams, Aaron Garibaldi, Skip |
| contents | We give a criterion under which the expected return on a ticket for certain large lotteries is positive. In this circumstance, we use elementary portfolio analysis to show that an optimal investment strategy includes a very small allocation for such tickets. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2507_01993 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | Finding good bets in the lottery, and why you shouldn't take them Abrams, Aaron Garibaldi, Skip History and Overview Probability Statistical Finance We give a criterion under which the expected return on a ticket for certain large lotteries is positive. In this circumstance, we use elementary portfolio analysis to show that an optimal investment strategy includes a very small allocation for such tickets. |
| title | Finding good bets in the lottery, and why you shouldn't take them |
| topic | History and Overview Probability Statistical Finance |
| url | https://arxiv.org/abs/2507.01993 |