Side betting and playing the National Lottery: An exercise in policy design

Stephen Salter and Neville Topham

Journal of Applied Statistics, 2000, vol. 27, issue 7, 881-899

Abstract: This paper demonstrates a methodology for estimating the frequencies by which numbers are selected by National Lottery players by utilizing a twofold approach of a Multi-Response Non-Linear Regression model in conjunction with a suggested approximation function for number selections, which leads to an explanation of number choice in terms of the spatial effects of form design. It shows that in a marketplace, side betting is complementary with the main online draw product, and market forces produce close substitutes if side betting on the National Lottery is prohibited.

Date: 2000
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DOI: 10.1080/02664760050120560

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