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Education kit: What are the odds? - Powerhouse Museum

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13. History shows people started gambling after<br />

1200 AD.<br />

14. The chance of winning Powerball is less than<br />

1 in 54 million.<br />

15. If you play <strong>the</strong> pokies and you reinvest all your<br />

winnings you will eventually lose all your<br />

original investment.<br />

16. You <strong>are</strong> more likely to win at lotto if you use<br />

your ‘lucky numbers’.<br />

Resource<br />

<strong>What</strong> <strong>are</strong> <strong>the</strong> <strong>odds</strong>?<br />

• To know how ‘everyone can lend a hand for a better deal’, visit<br />

http://www.dgr.nsw.gov.au/IMAGES/GAMING/PlaySmart/<br />

brochures/english/5_english.pdf<br />

• For a comprehensive review of Australia’s gambling industries, refer<br />

to <strong>the</strong> Productivity Commission’s 1999 inquiry report, Australia’s<br />

gambling industries or visit<br />

http://www.pc.gov.au/inquiry/gambling/finalreport/<br />

EDUCATION KIT 33

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