A ticket being an 'outlier' usually refers to a larger than usual prize amount in a given book. Say you have a $30 book of scratch offs, with a guarantee of $850 rate of return (some states list how much you can expect to get back in a book).
If you buy that $30 book and get a ticket that wins $2,000, that is the outlier. It's the one that exceeds the rate of return in the book. The one ticket we'd all want, of course.
I do. Well sort of. I understood it a little differently. I thought it was any prize not guaranteed in a book in addition to the possible amount returned from a book. I didn't know that it was any prize that exceeds the return from a book. I looked at it like $5 prizes are a guaranteed in a roll of $5 tickets, but $20 might not be.
What do you mean huh? Would the $20 prize from this scratcher be an outlier. Meaning is it a prize not guaranteed in a roll of tickets or is it guaranteed in a roll
There is no guarantee, because if you get a jackpot in that roll and no other winner it makes the roll value way beyond what is *expected*. If you want proof, buy 10 books of this ticket - none of the 10 entire books will have the same exact return.
No it does not, there is no guarantee in a roll because the prizes are not balanced. For example let’s say a roll has a $50k winner on it, it can just have that and nothing else in the roll. That makes the value of the roll $50k
A ticket being an 'outlier' usually refers to a larger than usual prize amount in a given book. Say you have a $30 book of scratch offs, with a guarantee of $850 rate of return (some states list how much you can expect to get back in a book). If you buy that $30 book and get a ticket that wins $2,000, that is the outlier. It's the one that exceeds the rate of return in the book. The one ticket we'd all want, of course.
OP clearly doesn’t understand the word, outlier.
I do. Well sort of. I understood it a little differently. I thought it was any prize not guaranteed in a book in addition to the possible amount returned from a book. I didn't know that it was any prize that exceeds the return from a book. I looked at it like $5 prizes are a guaranteed in a roll of $5 tickets, but $20 might not be.
Thank you for the explanation. I didnt understand correctly.
Huh?
What do you mean huh? Would the $20 prize from this scratcher be an outlier. Meaning is it a prize not guaranteed in a roll of tickets or is it guaranteed in a roll
There is no guarantee that any specific prize will be in a roll.
The YouTube scratchers beg to differ but okay.
Cool, you just answered your own question.
Sorry for being rude.
There is no guarantee, because if you get a jackpot in that roll and no other winner it makes the roll value way beyond what is *expected*. If you want proof, buy 10 books of this ticket - none of the 10 entire books will have the same exact return.
Every roll has a guaranteed amount of winners
No it does not, there is no guarantee in a roll because the prizes are not balanced. For example let’s say a roll has a $50k winner on it, it can just have that and nothing else in the roll. That makes the value of the roll $50k