I might have over thought this by browsing the web as most of the calcs deal with a raffle with multiple prizes so your odds change every draw but lets say..
Raffle has 400 tickets. You buy 1 ticket. You've a 1 in 400 chance of winning.
If you buy 10 do you have a 10 in 400 or 1 in 40 chance of winning or is it more complex than that?
Have I over thought it and it is as simple as the explaination above?
Raffle has 400 tickets. You buy 1 ticket. You've a 1 in 400 chance of winning.
If you buy 10 do you have a 10 in 400 or 1 in 40 chance of winning or is it more complex than that?
Have I over thought it and it is as simple as the explaination above?
Comment