Is this also true for winning the lottery? That is if you play 1 ticket or 1000 tickets the odds of winning do not change? I tried to convince someone of this but they weren't having it. Am I wrong?
Nick ----- Original Message ----- From: "Andy Kneale" <[email protected]> To: [email protected] Sent: Tuesday, September 29, 2009 9:09:08 AM GMT -05:00 US/Canada Eastern Subject: Re: [LU] Carlisle tongiht > Well the longer any winning streak goes on, the more likely it is to come to > an end (Is it called the Law of >Probabilities clever types?) Pedant head on - incorrect, Timbo! If you toss a coin 50 times and it lands on heads every time, it is no more likely to land on tails the next time - it will still be the same odds. Gaffer :P This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any comments or statements made herein do not necessarily reflect those of JPMorgan Chase & Co., its subsidiaries and affiliates. This transmission may contain information that is privileged, confidential, legally privileged, and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Although this transmission and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by JPMorgan Chase & Co., its subsidiaries and affiliates, as applicable, for any loss or damage arising in any way from its use. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you. Please refer to http://www.jpmorgan.com/pages/disclosures for disclosures relating to European legal entities. _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist http://www.worldnet.org.uk WorldNET2009 _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist http://www.worldnet.org.uk WorldNET2009
