Solacreb's Boredom

You've entered just over a thousand banknotes and got 51 hits… I entered like 4,400 and got 25 hits.. With the comparison on how the hits are favoring you, I am not bored… I am depressed…

I guess its all luck……

Yes I do have way more than you with way less notes. I would imagine that all has to do with the area where the notes are circulating. I have to say though, that I am not bored at all, I am just surprised that the number of hits is too low.

Just my opinion, but looking at the notes entered - Halfbreed, a high number of yours are $20's…. which I think sit longer in tills, in banks, and in ATM's… (go ahead and correct me if I'm wrong - certainly I'm no expert)… Solracacebs entries have a lot of 5's and 10's, which pass from hand to hand a lot quicker, generating the higher hit %. Hang in there, I find the 20's come back and surprise you later in their life!

I have to agree with everybody, I do think that the odds of getting hits are more with the smaller denominations. I think I only have had one hit for a higher denomination bill (sold a radar note, $50 one) Just something I noticed, that and where the notes actually are distributed too. Just from past experience when traveling.

the other way of looking at this (and if there is another way to look at ANYthing… i will find it… :) ) is that the 20s, because they sit in possession longer (wallets, cash registers, pockets, banks) they are MORE likely to be hit someday because they are more sedentary. i think that this is especially true with the saturation that has been evidenced in places like Saskatchewan. all those folks who might have initially (upon first seeing the web address) entered the note and now just more apt to spend it without entry. whereas if it sits in their pocket, they might think to enter it when they have time. just another perspective.

there are those on the site who swear that the road to larger hit totals is exclusive use of lower denominations. i have not found that to be true and actually like the "staying power" of larger banknotes. my personal statistics are used as evidence – i tend to use a fairly normal distribution of denominations (bear in mind the goal of the site is the tracking of the usual flow of currency) so my Entries are:

$5 – 46.9%
$10 – 7.4%
$20 – 44.8%

my Hit stats are:

$5 – 46.9%
$10 – 7.3%
%20 – 42.2%

this suggests a pretty close correspondence, over a fairly long time, of entries to hits. keep in mind that the average life of a $5 banknote in Canada is considerably less than 2 years while a $20 usually stays in circulation for much longer (BoC).

note, as well, that my strategy is reasonably successful in terms of hit percentage – 11.6% at last count. your mileage, as they say, may vary… :)

Yes I had noticed that about the 20s and that is the reason why I use 5s and 10s more. I am encouraged by what you say about the 20s later in life. Interesting, I wonder what that is.

And yet another way of looking at it is to be on the ground floor, before saturation.

My entry/hit percentages are:

$ 5—-80.06 %—73.42 %
$ 10—-2.02 %—-1.02 %
$ 20—14.92 %-=–8.40 %

BUT… I think that there is an error in that final figure. It all added up to only 85%. When I work it out by hand, the numbers are 87.36% (better than the entry %), 1.22% and 9.99%.

I'll drop dr a note about it.

My entry/hit percentages are (with # of notes in brackets):

$5—-39.48 % (4106)—-46.38 % (526)
$10—15.12 % (1572)—-12.26 % (139)
$20—39.40 % (4098)—-34.13 % (387)
$50—-5.23 % (544)——2.29 % (26)
$100—0.77 % (80)——0.44 % (5)

My totals reach 100% entered and 95.5% hit.