Quoting Anthony Curtis:
<<"It's absurd," said Anthony Curtis, publisher of the Las Vegas Advisor
newsletter. The odds of winning are "on the order of billions if not
trillions to one. It's crazy.">>
The odds of hitting it again after you've already won are exactly the same
as the odds of anyone else hitting it, less than 10 million to one as quoted
in the article. The fact that he's already hit it does not make it less
likely that he will hit again.
As the number of past winners increases, the odds that one of them will hit
again approaches certainty.
This is one of the most common errors made in newspaper quotes by
statistical "experts."
Cogno