Maybe MIT should stand for "muggers in training."
Ten years after a group of Massachusetts Institute of Technology students and a professor famously took Las Vegas casinos to the cleaners counting cards, a new gambling scandal has arisen that involves MIT: a researcher and a group of students scammed the Massachussets Lottery.
Worse though, is that the Massachusetts Lottery knew they were doing it and chose to share in the windfall instead of protecting the integrity of the game.
The math whizzes were looking for a unique school project when a couple of them figured out that it would only take about $100,000 in tickets to guarantee success in the Cash WinFall game. When the jackpot rose to $2 million or more, group members bought in and shared in the prize money. By 2005, the group had earned about $8 million in winnings, reported the Boston Globe.
Despite an obvious conflict of interest in knowing that the game was compromised, officials continued to allow hundreds of thousands of $2 tickets to be bought by the merry band of thieves, the paper reported.
Here's how the scheme worked: If the jackpot in a lottery game isn't won, it usually is held over to the next drawing, creating a larger jackpot. In Cash WinFall the jackpot was capped at $2 million. When no one matched all the numbers, the jackpot would be redistributed - "rolled down" to make lesser prizes 5 to 10 times greater than usual, reported the Globe.
The game was so lucrative for the students, that they gave up jobs to stick it to the system on a full-time basis. Additionally, they were backed by investors who shared in the profits, according to a report by State Inspector General Gregory Sullivan cited by the paper.
Buying $600,000 worth of tickets virtually guaranteed a 15-20 percent return on investment. The initial premise was proven by James Harvey, who turned $1,000 in tickets into $3,000 Feb. 7, 2005. He immediately made the "project" larger, forming Random Strategies Investments and spending hours filling out betting slips and lining up eager financers. Within a few years, more groups popped up, but the MIT group figured out how to win the whole jackpot in a single drawing by 2010, reported the paper.
In an email discovered by the paper, a lottery supervisor shamelessly asks ""How do I become part of the club when I retire?"
【资讯快讯】
自10年前麻省理工的教授和学生横扫拉斯维加斯赌场后,今天他们又开始转战麻省彩票业。可悲的是,麻省的彩票业界即便知道麻省战团的动作,也无法横加干涉。据报道,由于彩票业是属于奖金累积制度,只要累积奖金总额一到200万美元,他们就开始大肆买入彩票,如此赚取奖金,对此彩票业界只能放任自流,无法干涉。
麻省名校高才利用所学,在彩坛大肆榨取巨额奖金。而眼见此行业如此红利满满,另一些学生也辞掉了原本的工作,全身心投入其中。由他们背后的投资人出资,他们运用所学,共享其利。根据测算,买足60万美金的彩票就能转回成本,而且还能赚回百分之15-20的回报。学生中还有有能者成立了风投战略公司用以运营操作。短短几年数家公司如雨后春笋般冒了出来,专业寻求短期高回报的投资方案。难怪连彩票业监管人都眼红这样的收入,想着退休以后也要加入这样的阵营呢!
英语表达并不难,美剧帮你提高听说读写
教你轻松玩转英语六级阅读题:三遍阅读法
2016年英语六级备考作文范文:勇于面对挑战
英语四六级语法复习:非谓语动词解析
2016年6月四级备战:资讯听力之政治篇(3)
看美剧学英语,这3招帮你轻松搞定英语听说读写
2016年英语四六级考试必备清单:这些东西必不可少
《真爱如血》插曲《Lullaby》赏析
2016年6月英语四级备战阅读题之选词填空攻略
一周词汇精讲:Worth及其相关衍生词汇
新概念英语第二册语法:交际用语之问路与指路
2016年英语六级备战之答题小技巧揭秘
2016年6月英语六级备战:翻译题预测
《老友记》插曲赏析:《Englan Swings》
《老友记》插曲:《Top Of The World》
美剧台词盘点:5个典型的口语表达错误
美剧台词盘点:经典短语六大最
《行尸走肉》插曲赏析:《Space Junk》
2016年英语六级备战:题型分析及方法指导
新概念英语第二册语法:交际用语之约会
2016年6月英语四级备考:作文题预测
《魔兽》:一部在中国获得票房奇迹的电影
英语练习真题:独立主格结构赏析
2016年6月英语六级阅读总汇:23个重点句型
2016年6月英语四级备战:资讯听力中的高频词汇
2016年6月英语四级备考:阅读题之唱长篇阅读技巧
新概念英语第二册语法:交际用语之打电话
新概念英语第二册语法精解:状语从句(上)
新概念英语第二册语法解析:非谓语动词之不定式详解
新概念英语第二册语法:交际用语之请求允许
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |