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Originally Posted by philcski
Additionally...
a completely randomly selected ticket in the example you give, 48 of 4096 selections is just over ONE percent, not TEN percent. If you go with the assumption that the top two choices win 50% of all races (pretty close to accurate), your 4X3X2X2 will hit approximately 10% of the time... but for nowhere near $3,000 for $1.
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Isn't this pretty obvious? I mean, if you could play 48 dollar pik-4's and hit for 3 g's 10% of the time, why work? Just buy the DRF, and lay on a beach somewhere.