wnbd's $3,952.38 long pay-out odds are similar ,,,
to the chance of profiting from wnbd's long common 'shares' .
[Assuming that wnbd ever actually pays the $3000 , or the
1-in-105 chance of 'winning' $100k [ / 105 = $952.38].
Filling out "a card at the mall or home show" is FREE ,
and Quick. Unlike wnbd's 'mail-in' , Plus Must Enclose
the 'proof of purchase + receipt' or write a short story
about 'how i plan to de-stain something'. [loao]
Anyway, let's check the math. The mail-in costs 42 cents to
Rochester from the U.S. [and probably double for Canadians] ,
plus the envelope , and the wasted time ; even for the
under-employed [who could be job-hunting, more profitably].
But, let's just figure the odds of winning when the lotto
ticket costs 42 cents , and the 9-months-later pay-out [if
ever] is $3952.38 ; And, here it is :
$3952.38 / $0.42 = 9410.43 ; which means :
It's NOT EVEN WORTH THE 42 CENTS POSTAGE , if 9411 or more
time-wasters mail-in their envelopes. [And, assuming that
wnbd actually is able to pay-off in November+ ; and, no wnbd
insider stuffs the lotto-box.] Actually, since the 42 cents
is Not deductible , but the $100,000 winner would be Taxed
At Least 40+% , it's not a good postage investment , if even
only ~5000 time-wasters mail-in. [Correction, the winner,
But ONLY The Winner, CAN deduct the 42 cents cost to enter,
plus the cost of the envelope ; but not the labor cost ,
unless he paid an employee to do the time-wasting work.]
Also, the winning contest lasts ~8 months = ~240 days ,
for the time-wasters to mail-in. If 21 per day mail-in ,
that's over 5000 already. And, if they are paying double
postage, from Canada [which is likely, because that's the
only place to find an 'entry form' in a walk-in store], then
if 11 Canadians per day mail-in, it's a net-loss to everyone.
In fact , this bored alone has almost 500 marks. If each one
mails-in 10 entries , in the next 8 months , they All lose ,
when combined as "The wnbd mail-in Group" . And, the winning
contest 'rules' DO Allow UNlimited Multiple mail-ins ; just
like Brokers allow unlimited averaging-down ; and pinkys
are allowed UNlimited common 'share' dilution ; and the
Insiders can 'vote' themselves UNlimited new wnbd Preferred
shares , for Free , except for the postage , to mail-in the
proxies ; unless the 80+% guy votes , at the office.]
extra , Sincerely .
Besides; these days, for 42 cents, a wnbd fan could buy
60 more wnbd common 'shares' , and waste much less time ,
and not have to wait until after November to cash-out ,
probably. [November 2009 , that is.] We wouldn't bet long
on November 2010 , because shorters don't expect wnbd to
last that long. [wnbd's promo's keep getting better ;
we thought that the mycarstopped.con couldn't be topped ;
at least not so fast ; buy we were wrong , and admit it.]
By the way. If wnbd used 3-out-of-21 quick-picks , [instead
of just 2-out-of-15] , the odds of winning would be :
21x20x19 / 3x2x1 = 1330-to-1 [instead of 105-to-1] ;
and the probable cost to wnbd for a $1,000,000 Winner
would only be $751.88 [instead of $952.38 for $100,000].
AI
