As I stated above, the important thing to consider is your cumulative chances of drawing a tag, not your odds in any given year. The cumulative odds are the combined chances that you would have drawn at some point up through the the current year. Let's use the Colockum Quality Elk Rut tag (#2020 in 2011 or #2019 in 2010) as an example:
Points Odds in 2010 Cumulative Odds
18 0.76% 4.83%
17 0.68% 4.11%
16 0.60% 3.45%
15 0.53% 2.87%
14 0.46% 2.35%
13 0.40% 1.90%
12 0.34% 1.51%
11 0.28% 1.18%
10 0.23% 0.90%
9 0.19% 0.67%
8 0.15% 0.48%
7 0.11% 0.33%
6 0.08% 0.21%
5 0.06% 0.13%
4 0.04% 0.07%
3 0.02% 0.03%
2 0.01% 0.01%
1 0.00% 0.00%
* I'm too lazy to go back years and years to get the actual numbers so I'm going to assume that the 2010 figures are consistent from year to year - though we know the numbers are growing. This actually makes the cumulative odds MUCH worse than in reality. I also only used the 1st choice figures...
What does all this mean in reality? Not much... It's just to say that with 18 points you have had a 4.83% chance of drawing at some point for this tag.
Personally, I'll take the 4.83% chance versus overhunting... Though I do like the idea of limiting the number of categories one can enter and/or increasing the cost of the permit lottery.
PS This is the most ridiculous post. I'm in graduate school right now and recently took statistics. And I thought it would never come in useful...