Wednesday, September 29, 2010

Multiply Your Odds of Winning: Play Early and Often

This rolls up in to one of the big themes here:  "Don't get discouraged."  Winning prizes is all about perseverence.

The great thing about is that it can really cut down on the time this would otherwise require.  But you still have to keep at it.  Games that give prizes to nearly everyone who play do come along from time to time, but they're not the norm.

Take an example of a highly rated game on and let's pretend we know the exact odds of winning.  In this case, let's say it's one in one hundred odds.

This would rate as a "green ball on fire" on so you'd certainly be seeing it towards the top of the list and be interested in playing it.

So let's start with player one, who gives it a try, doesn't win and just marks it as a "dislike" and never comes back.

Now let's compare to player two, who notices that you're allowed to play every day and so, comes back every day for the full two months of the game.

These are the odds that the two players have enjoyed:
  • Player one?  One in one hundred chance of winning, or about 1%.
  • Player two?  Better than one in two chance of winning, or about 62%.
Quite a difference.  Player two will more likely win a prize than not win one, where player one would have to get really lucky.

So keep it up.  And remember, it's not work, it's fun.  Once you start winning prizes it's exciting and addicting.  And allows you to not have to invest hours a day.  But don't get fed up too early, give it a chance to work for you.

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