1 in 100 pen blank contest

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Great Idea, but the problem is of course the third prize.
If you choose 1 or 100, you will always have a 50% chance of winning.
Every other number only has a 1% chance:D

I'll have 1 as well[}:)]
 
Originally posted by skiprat

.....If you choose 1 or 100, you will always have a 50% chance of winning.....

Your analysis is not quite correct. While it is true that the numbers 1 and 100 each have a 50% chance of winning, that doesn't mean that the "owner" of either of those has a 50% chance of winning. As I understand the rules more than one pereson can select a given number and should that number win, I assume a random selection would be made from all of the folks who chose the number. Therefore, it is quite possible that the chances of winning with either of those two numbers is a lot less than 50%.
 
Originally posted by skiprat

Great Idea, but the problem is of course the third prize.
If you choose 1 or 100, you will always have a 50% chance of winning.
Every other number only has a 1% chance:D

I'll have 1 as well[}:)]
Sure, but I resolve the ties with another number game.
And the prizes are different too, if you hit the number harder to guess, I'll give you an exceptionally larger prize;)
 
Originally posted by Randy_

Originally posted by skiprat

.....If you choose 1 or 100, you will always have a 50% chance of winning.....

Your analysis is not quite correct. While it is true that the numbers 1 and 100 each have a 50% chance of winning, that doesn't mean that the "owner" of either of those has a 50% chance of winning. As I understand the rules more than one pereson can select a given number and should that number win, I assume a random selection would be made from all of the folks who chose the number. Therefore, it is quite possible that the chances of winning with either of those two numbers is a lot less than 50%.

But notice Randy hasn't changed HIS selection, yet :D
 
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