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

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  • Stephen Salter
  • Neville Topham

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.

Suggested Citation

  • Stephen Salter & Neville Topham, 2000. "Side betting and playing the National Lottery: An exercise in policy design," Journal of Applied Statistics, Taylor & Francis Journals, vol. 27(7), pages 881-899.
    • Handle: RePEc:taf:japsta:v:27:y:2000:i:7:p:881-899
    DOI: 10.1080/02664760050120560
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