TOP TIPS I created a lottery algorithm which works – 5 tips you must follow to win big and the mistake EVERYONE makes to avoid
A LOTTERY algorithm founder has recommended a series of tips players should follow if they want to boost their odds of winning on the game of chance.
Number cruncher Jared James launched Lotto Edge at the end of 2019 – a tool that’s designed to help gamblers before they decide to play.
Although players are not guaranteed to win, the algorithm identifies trends and also tries to predict when specific prizes are due to land.
Avid players can get caught up in the moment as they buy as many tickets as they can in a desperate bid to win the jackpot.
And, they fantasize about what they would do should they come up trumps.
But, the accountant, from South Carolina, has urged players to plan before they decide to buy a ticket, stick within a budget, and be realistic about their prizes.
James told The Sun: “Growing up my stepfather used to play scratch-off games religiously.
“Every holiday, birthday, Christmas, all he would want was scratch-offs. I grew really frustrated that there was no information available about them.
“I thought there has to be a better way for that. There has got to be information that can be shared with lottery users to help them make better, educated decisions when it comes to playing scratch-offs.”
EDUCATION
James urged players to educate themselves before they decide to spend money on a ticket.
He recommended that gamblers can study the odds of winning a particular game by looking at state lottery websites.
Each game has a comprehensive breakdown of the prizes available as well as the odds of success.
COMPARE THE ODDS
James said Lotto Edge is designed to inform players before they make a choice.
The algorithm provides resources for players who are unsure about which ticket to buy, including a complete breakdown of the odds.
Scratch-off tickets have the overall odds of winning, but these are often found on the back of a ticket.
James claimed that many players don’t see those odds until they’ve bought the ticket.
He also said: “These odds can be skewed if a game is loaded with a bunch of breakeven prizes or free tickets.
“This can make the overall odds seem like a really good win but the odds of winning the big prizes might have terrible odds.”
HAVE A PLAN
James said that it’s vital that those thinking about playing the lottery have a plan before they start.
He added: “It sounds kind of funny to have a plan when you’re trying to play the lottery, but luck favors the prepared.”
He called on players to stick within their means and warned fans not to get caught up in the excitement of potentially winning a huge prize.
Last month, one gambler, who bought a Mega Millions ticket in Illinois, became America’s 3rd biggest ever lottery winner after scooping a whopping $1.34billion.
They managed to beat one in 302.5 million odds by matching six numbers and the golden Mega Ball.
Initial projections put the winnings at $1.28billion, but the Illinois lottery said a rash of sales pushed the total to $1.34billion.
STICK WITHIN A BUDGET
James called on players to know their limits and not to get carried away when testing their luck.
He said gamblers should just use disposable income, rather than chasing a win.
Players across different states can pick up tickets that cost as little as one or two dollars and go up to a maximum of $50.
Lucky Thomas Fotopoulos won $1million after buying a 500X The Cash ticket.
Florida Lottery officials revealed there is a one in 267,000 chance of winning $1million.
But, James said players shouldn’t go “overboard” and spend big if a big prize is due to be drawn.
BE REALISTIC
Despite launching the algorithm, James admitted that he’s not an avid gambler.
But, he said that he may buy a scratch-off ticket during a stop when on a road trip.
He said he doesn’t really chase the million-dollar prizes but looks to scoop either $100 or $500 whenever he tests his luck.
Players may dream about bagging a top prize but James urged gamblers to be realistic about what they could win.
He warned: “Realistically, hitting a million dollar prize is much harder as the odds are greater.
“You should have a plan regarding the prizes that you are after because it differs between those looking for a smaller amount and those that are chasing more than a million dollars.”
SUCCESS NOT GUARANTEED
Lotto Edge sees around 5,000-6,000 daily visitors to its site but James warned that a small number of users think the algorithm guarantees success.
He said: “We try to prepare lottery players, informing players about the games that have the best odds but it still takes a lot to find the right store or the single winning ticket at the end of the roll.
“The information we provide players can be compared to someone who does card counting at a blackjack table.”
Lotto experts at Casino.org have shared four tips on how players can improve their chances of striking gold.
Experts say players should never buy the cheapest scratch-offs, claiming their priced low for a reason.
They added: “Quality of quantity is very true when it comes to scratch cards.”
And, gambling pros also urged players to pick a game and stick to it as they try to strike the jackpot.
But, they admitted that winning the lottery ultimately comes down to luck.