Informative, honest, indepth articles on Lotto and whether other than through sheer luck the odds can be bettered.
The first way is simply where PE is the base for the log: -
NE = logPEPS
The second way is to log both sides of the equation and then use a log rule : -
If we are more interested in the complement for the probabilities we deduct each probability from 1 as in : -
Substituting a name such as Jacob Bernoulli's "Degree of Certainty" for PS and then describing the equation as the Formula of Bankruptcy and inviting others to call it The Fundamental Formula of Gambling as Ion Saliu did in 1997 shows neither creativity nor ingenuity. In a stupendous act of plagiarism Ion Saliu went on in later modifications of the original article to embellish it with this statement, "The Fundamental Formula of Gambling (FFG) is an historic discovery in theory of probability, theory of games, (sic) and gambling mathematics.". THE FUNDAMENTAL FORMULA OF GAMBLING IS BLATANT, FLAGRANT AND PREPOSTEROUS PLAGIARISM BY ION SALIU.