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11 years ago
peppers2ndmo wrote:
Congratulations! I have had very good fortune with scratcher tickets...100 donuts at least twice, and 50 several times. Over all, I think it's been better than buying donuts outright, and much more entertaining! I bought 3 on Tuesday...got 9, 50 and 9.
I've never bought a scratcher; they don't seem to be worth the risk. For example, this guy popped 68 donuts on three scratchers for 3 bucks. Sound good? Well that equates to .044 cents per donut. An increase of .0025 cents per donut at the boatload rate (2400 donuts for $99.99). Doesn't seem like much of a difference. But if you were to buy a boatload at the value he got for his 3 scratchers, you would pay $105.88, or an increase of $5.89. Still doesn't seem like a lot, does it? Now look at it as if you purchase exactly 100 scratchers and received the value of his 3 scratchers -- you would earn 2266.44 donuts. That's a whopping 133.56 donuts less than you would earn if you had just bought a boatload.
Given the probabilities of receiving each payout amount, over the course of 100 scratchers you will average .0755 cents per donut. That is roughly equivalent--though, still slightly less--to a tray of 132 donuts for $9.99. So if you're planning on spending more than $10 on scratchers, you would likely get a better value by buying donuts in bulk.
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