A lottery is a tax on the stupid If I had a dollar each time that phrase was mentioned, I think I would be rich enough to not need a lottery win ever! Anyways, it is absolutely true that, mathematically speaking, buying the lottery is mostly negative EV (Expected Value). The EV ranges from 0.3 (30 cents ...
On the way back from vacation, I stopped by MIA (Miami International Airport) and snapped some pictures of their duty free prices. Biggest Savings Percentage 3. Knob Creek Bourbon Whiskey - 46.73% Duty Free Price: $29 USD LCBO 1L Equivalent Price: $62.60 CAD Savings Percent (CAD): 46.73% 2. Johnnie Walker Red Label - 48.16% Duty Free Price: $18 USD LCBO 1L Equivalent Price: ...
I stopped by the Ronald Reagan Airport (DCA) at Washington DC during the summer of 2014 and had some time to snap a couple of pictures of Duty Free Americas alcohol prices. I also have a chart of prices and savings compared against LCBO in Canada. Biggest Savings Percentage 2. Smirnoff Vodka - 55.13% Duty Free Price: $13.50 ...
Description: On Saturday July 26 to Monday July 28, Shopper's Drug Mart is offering a new surprise points event. Spend $75 and get either 18,500, 38,000, or 50,000 points! The odds of getting the points are as follow: 176,000:185000 for 18,500 pts (95.1%) 6,300:185000 for 38,000 pts (3.4%) 2,700:185000 for 50,000 pts (1.46%) Analysis: The expected value (EV) for this event is: (176000/185000 ...
For those of you who aren't Canadian (or Ontarian to be exact), LCBO stands for Liquor Control Board of Ontario. It has de-facto monopoly on the retail prices of liquor in Ontario. The reason I am doing a price analysis is to compare it against duty free and see exactly which products offer the best ...
Here is a list of cellphone plans and their respective costs for December 2013: BMO Talk and Earn and Sears Connect: They have a great promo going on where if you sign a 2 year contract, your first 6 months is half off and for the entire 2 years, your minutes and data are doubled. $15 x ...
This store is amazing for the frugal. It's entire business involves jacking up regular product prices but keeping weekly ad prices very low. Their milk and egg prices are among the most competitive in the industry. They are basically saying, "If you aren't looking to shop around, then we will try to profit off of you. ...