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Showing posts from September, 2014

Yang Yin (杨寅) and Weng Yandan (翁燕丹)

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The one news that got people up in arms recently is the supposed scam by Yang Yin (杨寅). Yang Yin is supposed to have tried to take over Madam Chung Khin Chun's assets. Yang Yin's wife, Weng Yandan (翁燕丹) had already returned to their home (瑞祺公寓) in Hangzhou (莫干山路, 杭州), China,  after Yang Yin was called in by the police for questioning. In recent media interviews, she asserted that she continues to have faith in the integrity of Yang Yin despite the ongoing lawsuits and police reports filed against Yang Yin. While the court cases have yet to really proceed, the reports so far have consistently cast Yang Yin in a negative light. Yang Yin has been accused of numerous crimes and - SCCCI lodges police report against ex-tour guide who claimed to be its director  (9 Sep 2014) - Former China tour guide Yang Yin arrested for suspected criminal breach of trust  (17 Sep 2014) - Tussle over widow's assets: China tour guide's wife hits back at haters (17 Sep 2014) - Ex-tour

TOTO Changes from 6/45 to 6/49

Singapore Pools is changing the TOTO lottery game from 6/45 to 6/49 from 7th Oct 2014. With that change, the betting costs are going to go up though a larger top prize of $1 million is being dangled. Under the 6/45 TOTO game, the odds of hitting the jackpot is 1 in 8,145,060 and winning the top prize is close to impossible. With the revamp, the calculations by Singapore Pools put the odds of winning the jackpot at 1 in 13.98 million with the odds of winning any prize at 1 in 54. Statistically, it is an extremely long shot to win the top prize. The calculations are abstract for the reality that faces punter is more simplistically put as being based on the odds of 1 in 2... You either win or not win. The best way to anchor winning expectations is perhaps juxtaposing it with concrete examples. Centre for Addiction and Mental Health from Canada put it very nicely for the 6/49 game. A person has a 1 in 3 million chance of sighting an UFO. That's almost 5 times more likely than