Ever wanted to win a lottery and be one in a million? It isn’t that simple; some complex technology and algorithms work behind the scene to make it happen.
Technological advancement hasn’t spared anything, not even the gambling system. Nowadays, gambling has made its way to the internet. There are millions of people playing lottery online each day; Lotteries that you find in bandar togel online generally involve complex calculations and fast exchange of data.
The 6/49 Game
These complex mathematical calculations are solely responsible for the winner’s jackpot. For example, in a 6/49 game, the participants choose 6 numbers from 6-49. If the participant’s set of numbers is the same as the drawn number, the participant is the jackpot winner. It doesn’t matter what’s the order of numbers though.
The chance of this happening is 1 in 13,983,816. Hence, it’s called the jackpot as the winner must be absurdly lucky. This number can easily be explained with the help of a simple mathematical concept: Binomial Distribution. Without replacement and repetitions, there are 49 ways of picking the first number, and 48 ways of picking the second number, 47 ways of picking the third, and so on.
It turns out to be 49 factorial. However, since the numbers are to be chosen from 6 to 49 and not 1 to 49, the actual formula will be (49!) / (49-6)! Calculating this, we get the probability of the winning number.
Important Technologies Used In Lotteries
- Big Data: As said, the number of people who play the lottery is astoundingly huge and cannot be stored or calculated without Big Data. Here, data science comes into play. The lottery system’s performance also needs to be calculated at a broader level, and this couldn’t have been made possible without the use of Big Data.
- Artificial Intelligence: AI is probably the greatest invention of the 21st century. It has significantly proved its worth in cutting down human efforts. AI is used in the gambling industry to analyze data and suggest what’s best for the customers or gamblers. It is used for extremely accurate product personalization.
- Blockchain: Obviously, like in every other industry, there are fraudsters here too. But with Blockchain, everything changes drastically. Although not completely, Blockchain has proved to be a useful security measure in cryptocurrency transactions. It used and stores data in a very secure way, allowing users and bookies to have safe and verified transactions.
The internet has genuinely disrupted things that no other technology has. The gambling industry is no exception. Online lotteries have gone insanely popular in recent decades since the invention of the internet. With the introduction of various technologies like Blockchain, Big Data, Artificial Intelligence, and IoT, the online gambling industry is on its way to reaching the $60 billion mark. However, these technologies and algorithms have made online lottery way more comfortable and safer than ever before.