Windows Games & Entertainment Casino & Gambling Calculate Probability Odds

Calculate Probability Odds

Software to calculate probabilities (odds) for any lotto game and horse racing.

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Calculate Probability Odds 6.01

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OS Support: WinXP, Win7 x32, Win7 x64, Win2000, WinServer, Win98, WinOther, Win Vista

Version 6.01

Size 0.60Mb

License: Freeware

Description:
Odds Calculator is the most complex software to calculate all probabilities (odds) for any lotto game and horse racing. It covers regular lotto games (e.g. 6 of 49), Keno, Powerball, Mega Millions, Euromillions, CA SuperLotto Plus, etc.

The calculations are based on the hypergeometric probability distribution. The odds are calculated as k of m in p from N. The calculations, unlike in any other program, are performed as exactly and as at least.

More clearly, let's suppose a lotto 6/49 game. The lottery draws 6 winning numbers. The player must play exactly 6 numbers per ticket. But the player can choose to play a pool of 10 favorite numbers.

What is the probability to get 4 of 6 in 10 from 49? The odds: 1 in 90.

The calculations, unlike in any other program, are performed as exactly and as at least.

The general hypergeometric formula for the as exactly case:
P(m of k in s from n) = [C(n, k)] / C(s, m) * C(n-s, k-m)
The hypergeometric distribution probability formula has restrictions. Some cases are impossible; e.g. exactly 1 of 6 in 10 from 10.
This piece of software runs the extra mile and puts together multiple cases and does calculate precisely the odds as at least situations.
Most common lotto games draw 6 winning numbers most commonly from a field of 49 numbered balls. OddsCalc.EXE does handle such lottos, plus games that draw 4 winning numbers, or 5, or 7 winning numbers, etc. You can calculate the odds for countless situations, such as 39 from 49 or 50 from 55, etc.
The program requires just a few parameters. They are easy to understand and explained in detail on the input screens. Say, you want to calculate all possible odds for a 6-49 lotto game, with no pool of extra numbers (i.e. calculate the odds for a 6-number pool, exactly the number of winning lotto numbers drawn by the lottery commission). The biggest lotto number: 49; How many lotto numbers per combination: 6; How many lotto numbers in the pool: 6.



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