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  2. Reservation against Cancellation - Wikipedia

    en.wikipedia.org/wiki/Reservation_against...

    Reservation against Cancellation. A Reservation Against Cancellation (RAC) is a type of ticket that can be sold for travel on the Indian Railways. Although it ensures certainty of travel, it does not guarantee a berth. A berth will be allocated to the ticket who reserves an RAC ticket if passengers who already have a confirmed ticket do not ...

  3. Lottery mathematics - Wikipedia

    en.wikipedia.org/wiki/Lottery_mathematics

    In a typical 6/49 game, each player chooses six distinct numbers from a range of 1–49. If the six numbers on a ticket match the numbers drawn by the lottery, the ticket holder is a jackpot winner— regardless of the order of the numbers. The probability of this happening is 1 in 13,983,816. The chance of winning can be demonstrated as ...

  4. Lottery paradox - Wikipedia

    en.wikipedia.org/wiki/Lottery_paradox

    Lottery paradox. The lottery paradox [1] arises from Henry E. Kyburg Jr. considering a fair 1,000-ticket lottery that has exactly one winning ticket. If that much is known about the execution of the lottery, it is then rational to accept that some ticket will win. Suppose that an event is considered "very likely" only if the probability of it ...

  5. Gambler's fallacy - Wikipedia

    en.wikipedia.org/wiki/Gambler's_fallacy

    Gambler's fallacy. The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is the belief that, if an event (whose occurrences are independent and identically distributed) has occurred more frequently than expected, it is less likely to happen again in the future (or vice versa).

  6. Passenger name record - Wikipedia

    en.wikipedia.org/wiki/Passenger_name_record

    A passenger name record ( PNR) is a record in the database of a computer reservation system (CRS) that contains the itinerary for a passenger or a group of passengers travelling together. The concept of a PNR was first introduced by airlines that needed to exchange reservation information in case passengers required flights of multiple airlines ...

  7. Benford's law - Wikipedia

    en.wikipedia.org/wiki/Benford's_law

    Thus, the probability that a number starts with the digits 3, 1, 4 (some examples are 3.14, 3.142, π, 314280.7, and 0.00314005) is log 10 (1 + 1/314) ≈ 0.00138, as in the box with the log-log graph on the right. This result can be used to find the probability that a particular digit occurs at a given position within a number.

  8. Eurojackpot - Wikipedia

    en.wikipedia.org/wiki/Eurojackpot

    This prize was the first jackpot over €90 million to be won following Eurojackpot's rule changes in March 2022, which increased the jackpot cap to €120 million. The previous record, and cap, was 90,000,000.00 Euro. This sum was first won on May 15, 2015 where a person from Czech Republic won the 90,000,000.00 Euro jackpot.

  9. Keno - Wikipedia

    en.wikipedia.org/wiki/Keno

    Keno. Keno / kiːnoʊ / is a lottery -like gambling game often played at modern casinos, and also offered as a game in some lotteries. Players wager by choosing numbers ranging from 1 through (usually) 80. After all players make their wagers, 20 numbers (some variants draw fewer numbers) are drawn at random, either with a ball machine similar ...