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Are Negative Odds Better

Author:Football Prediction SiteJan 14, 2022, 10:13:06Read times
DescriptionPAGE Research on the Development of Chinese Football Lottery and Countermeasures against Underground Betting Li Gang (Department of World Economics, School of Economics, Fudan University, Shanghai) Research Field: Public Economics , while t
PAGE Research on the Development of Chinese Football Lottery and Countermeasures against Underground Betting Li Gang (Department of World Economics, School of Economics, Fudan University, Shanghai) Research Field: Public Economics , while the underground gambling has become more and more intense. This paper conducts a quantitative regression analysis on the relevant data of the Chinese football lottery winning and losing lottery in each region and each region, such as the situation of winning and each prize, and draws the following conclusions: football lottery and other lottery attributes are different; Sex, understanding football can appropriately improve the odds of winning, but football lottery is not an investment; football lottery sales are generally declining; jackpot and entertainment are the two main reasons people buy football lottery tickets; people in different regions buy football lottery tickets The mentality is different; changes in the external environment have a major impact on football lottery sales. On this basis, we put forward some policy suggestions for the future development of Chinese football lottery and how to effectively combat underground betting. Keywords: football lottery, sales, countermeasures, underground gambling Research on the strategies for the development of Toto in China and Deal with the illegal Foot Ball Gamble Li Gang (Economics School, Fudan University, Shanghai) Abstract: In recent two years, the Toto has been in a bottleneck period, and the sales decease a lot, but the illegal football gamble become more and more serious. This paper performs regressions on the datum of the sales, prize numbers and prize money of the Win&Lose Toto in draws and areas , and gets such conclusions: Illegal Football Gamble A background knowledge introduction The Chinese football lottery currently includes two kinds of football winning lottery and football goal lottery, and the football winning lottery (hereinafter referred to as "winning and losing lottery") has the greatest sales and influence. (1) Introduction to the game of winning and losing lottery The winning and losing lottery uses the football game selected by the Sports Lottery Management Center of the General Administration of Sports as the game medium, and the ticket purchaser predicts the results of the winning, drawing and losing of a number of games specified in each round. It is issued by the Lottery Center of the General Administration of Sports of the People's Republic of China. It adopts the method of nationwide online sales and unified prize pool calculation. 50% of the total sales amount is used for the rebate bonus, and 2% of the bonus is the adjustment fund, which is specially used to pay for the risk of bonus expenditure under various unforeseen circumstances, adjust the floating bonus bonus and set up special awards. The prize pool includes the prizes of each prize that are not drawn and the prize that exceeds the limit of the single betting limit of the first prize. The prize pool and the part of the current bonus used for the first prize and part of the adjustment fund will be combined to issue the current first prize. The single bet bonus for each prize is equally distributed according to the number of winnings in the prize level, and the single bet bonus is capped at 5 million yuan. In addition, it should also be pointed out that Liaoning and Inner Mongolia, Sichuan and Tibet, Gansu, Ningxia and Qinghai have a common sales system for football lottery sales in these three regions, so the total sales and winnings are also expressed together. The winning and losing lottery was approved by the Ministry of Finance in December 2000, and was officially issued on October 22, 2001. It was initially released in Guangdong, Liaoning, Beijing, Shanghai, Fujian, Hubei, Sichuan, Zhejiang, Shandong, Tianjin and Chongqing.
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