NBA Draft Lottery: What Are the Odds

I've read that the NBA wants to create an element of surprise and perhaps provide some level of fairness too in determining who will draft first through 15. It seems like a relatively complex drawing in that only the first three spots are really up for grabs, while a team could fall back in the order by a corresponding number from where they would otherwise would have selected based on their prior year's win-loss record.I find it really curious to see that the worst team receives just a 25 percent chance in winning the top prize – the #1 overall selection. Although the rest of the lottery entrants have a far smaller individual chance to win, they combine for a 75 percent chance to win. Which odds would you rather have in a bet?

Although all of the other draft lottery teams have a far lower individual chance of winning, collectively they seem to have overwhelming odds in their favor that one of them will win over the team with just a 25 percent chance.

Not since 2004 has the team with the worst record won the top draft spot (Orlando drafted Dwight Howard first overall with that selection). Last year Cleveland won the prize, instead of drafting eighth as their record would have dictated.

I think the question should be raised whether this format really helps the league maintain competitive parity. It can be argued that the draft is always a gamble, especially given that the players that are …

LOTTERY TICKET

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This film is described as a comedy drama and, as the person sitting next to me laughed once, I’ll go along with the comedy but, as regards the latter, I’ve seen more drama in the late afternoon line at the local post office when a customer has given the only clerk on duty the paperwork for a passport. Now that is drama. (Note: although I didn’t join in the exchange I do agree that a specific officer should be responsible for passports but I don’t agree that just because a female clerk sticks up for herself and wears a shirt that she’s a lesbian)Kevin Carson lives in the projects with his grandmother and works in a local shoe store. He’s just graduated from school but can’t afford to go to college. However, his luck changes when he decides, for the first time in his life, to buy a lottery ticket. His numbers come up and he’s the only winner of the $370 million prize but, when he goes to make his claim, the Lottery Office is closed for the holidays and he has to wait three days before he can claim his check.

Kevin is a very nice guy. He’s unassuming, sweet to his grandmother, kind to strangers, polite to his colleagues and gets on well with his friends. So as a person, he’s most likeable, but as a lead character in a film, he sucks. And it gets worse. Kevin’s grandmother is loving and a domestic goddess, his best …

A Method to Winning the Lottery

As a daily lottery player I can tell you that there is nothing like your first win. It instantly takes away the memories of all the previous day, weeks and months losses. The day you win the lottery you immediately go out and play extra numbers, this betters your chances. Playing more numbers do better your chances in mathematical terms, but overspending daily to chase those extra numbers, won't put you ahead even when you do win. You will still be in the whole from the gambling of days gone by.The daily numbers, or the "Numbers Game" is statistically a better bet. Picking three numbers instead of four is about the cut off for making any good money if you hit, while still spending minimal. Unless you are willing to put a massive bet on the 1 or 2 numbers for winning.

I will start off by saying if you pick a 3 number bet for $1 and you win, the winnings will be over the $500 dollar mark, which is the cut off for collecting your winnings at a store lottery agent. You will need to go to the lottery sub headquarters to collect and their you will have to fill out tax forms.

If you play the same 3 numbers for 50 cents and play that number 2,3,or 4 times, you will not have to go to the lottery sub headquarters if you win. You can take all your tickets to the store, collect your winnings. You legally …

Visiting Las Vegas for the Gambler in Recovery

There's a lot of stuff to do in Las Vegas other than gambling.It's easy to avoid gambling, even around Las Vegas, if one avoids the "Strip" casinos. It's just to easy as a newly reformed gamer to be drawn in by the lights and the ping-ping-ping noises of the machines. We don't gamble this time, some other time, some other day, Las Vegas can still be a lot of fun to visit, even without gambling being involved.

The hotel desk clerks have free maps to offer visitors, so take one with you, you might need it. Sometimes the clerks will talk to you, other times the clerks are busy with a lot of guests – a lot of the desk clerks don't know much about Las Vegas. Tipping the desk clerk $1 – $3 is enough money for the help. Be sure to get a wake-up call for yourself, as you might oversleep.

Hoover Dam Tours cost between twenty and thirty dollars and can be a lot of fun to do. There are also dinner boat cruises on the Hoover Dam, complete with dancing. The Hoover Dam is located at Lake Mead, south of Las Vegas, there are days of activities there, and lots of things to do. Lake Mead is a beautiful man-made lake created by the Hoover Dam. There are a lot of hiking, bicycling, boating, and other outdoor recreational activities all around Lake Mead.

There are a lot of places to go camping around Lake Mead, …

A Gambler's Guide to Investing in Las Vegas Real Estate

I began investing in Las Vegas real estate only months before the economic recession hit. My investment properties were originally intended for use as house flipping; a practice I had been successful with in California and Washington. Once the banks started collapsing, the real estate market came to a screeching halt and I was stuck with two Vegas houses in the midst of repair.The only way to break even with the Las Vegas real estate was to complete repairs and offer the houses as rentals. The first year was a nightmare. It took months to locate suitable tenants and neither was willing to pay the amount I needed. I had to decide if I was willing to take a financial loss or hope to find tenants who could afford the rental rate. I chose to accept less and hope for the best.

Three years later, I am still incurring a loss on the Vegas homes. At the time I was fortunate enough to buy those properties with cash and have been able to retain tenants who pay their rent on time. Additionally, I have a diversified portfolio of properties located along the West Coast which help offset losses. Otherwise, there is a strong probability I’d be facing foreclosure.

Currently, Las Vegas is a tough market to generate positive cash flow through real estate investments. However, if investors can afford to buy houses with cash and consistently retain good tenants, they can generate positive cash flow until market conditions change.

A …

2010 World Cup Favorites and Betting Odds

Which countries are the favorites to win World Cup 2010? It's a question that sports fans around the world have been asking for the past four years. Now that the South Africa World Cup 2010 is finally ready to get started, it's time to offer a final review on the World Cup favorites and betting odds to help give you an idea about what to expect.2010 World Cup Favorites with Betting Odds

The two favorites to win the World Cup are the two countries unanimously viewed as the best two teams in the world, Spain and Brazil. Bodog.com gives the lead to Spain, placing them at 7/2 odds of winning the World Cup, with Brazil going off at 9/2. Sportsbook.com has the same two top teams with slightly different odds, with Spain going off at 4/1 and Brazil at 5/1.

The two websites have similar odds from the rest of the top 5 favorites to win the World Cup as well. Bodog.com has England at 7/1, Argentina at 13/2 and the Netherlands at 11/1. Sportsbook.com rounds out their top five with England at 6/1, Argentina at 15/2 and the Netherlands at 11/1.

Top 10 World Cup 2010 Favorites

Here's what the entire top 10 favorites to win the 2010 World Cup look like:

Spain 4/1 (Sportsbook); 7/2 (Bodog)

Brazil 5/1 (Sportsbook); 9/2 (Bodog)

England 6/1 (Sportsbook); 7/1 (Bodog)

Argentina 15/2 (Sportsbook); 13/2 (Bodog)

Netherlands 11/1 (Sportsbook); 11/1(Bodog)

Germany 12/1 (Sportsbook); 16/1 (Bodog)

Italy 12/1 (Sportsbook); 14/1(Bodog)

France 18/1 (Sportsbook); …