Replies to post #4264 on Value Microcaps Junior Energy

[lentinman]

Jim:

For starters - DON'T PLAY!!!

It is less about what your odds of winning $1M are and more about what the risk/reward ratio is. The easy way to look at that is to ask what the house is taking in vs giving out. They are taking in $10M and giving out $4M. I don't know how that is even legal - even in Nevada. It is an outrageously bad return for the player!

As to the odds, there are four winners out of 500,000. That means your odds of winning are 1 out of 125,000. But, if you only had to pay $8 instead of $20, then the risk/reward would be 1.00. As it is, it is 0.4.

Len