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Economy => Gambling discussion => Topic started by: Casdinyard on December 28, 2023, 11:16:28 PM



Title: How should Lotteries be categorized?
Post by: Casdinyard on December 28, 2023, 11:16:28 PM
Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

  • The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
  • The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
  • The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
  • Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.


Title: Re: How should Lotteries be categorized?
Post by: Hispo on December 28, 2023, 11:27:40 PM
I understand the point you are trying to make pointing out all those differences between lotteries and the typical casino games, and I think I agree that lotteries should have a special category and terms when referring to them, but the issue is that I believe in the English Language there is not an specific term for "gambling" when one is playing lotteries. It is easier just to say lotteries are a form of gambling and to refer to them as such.
Though, in the case of my country/society, there is a clear distinction between them and the people who prefer to wager money in a casino from one who likes lotteries.

Anyways, if what you are seeking for is the a community concensus, it would be difficult to reach it. It woukd depend much on each one's personal opinion and culture on this matter.


Title: Re: How should Lotteries be categorized?
Post by: wallet4bitcoin on December 28, 2023, 11:37:01 PM
Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

  • The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
  • The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
  • The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
  • Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

I consider a wide range of disparity between Lottery systems and gambling systems. To add to your points, the mindset of someone who plays lottery and that of someone who gambles are never the same thing. Lottery is fun, sometimes people even pay for lottery tickets and forget that they even did, not that they are not interested but they have no attachment to it and if it doesn't turn out as expected, there is no cause for alarm. For gamble, its a different ball game, they tend to attach so much emotions to it and end of  feeling anxious about the turnout. If it results in a loss, they are enburdened with so much pain and want to embark or revengeful trading which causes further loss.


Title: Re: How should Lotteries be categorized?
Post by: CryptoHeadlineNews on December 28, 2023, 11:40:28 PM
With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.
Yes, lottery can always be regarded as a standard gambling system, because if I may ask, what is gambling? Gambling is the process or act of risking a certain amount of money with the hope or mindset a predicted outcome will go as planned. Whereas, in lottery, it is required for you to stake an amount while picking a random numbers, with the mindset it's gonna be the same as the lucky number of the week. Of which if only you are able to pick 3 or more exact correct numbers, you are likely to earn a reward. Same as what's been done on a regular casino.


Title: Re: How should Lotteries be categorized?
Post by: robelneo on December 28, 2023, 11:40:57 PM


With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

What kind of different standard or system should we categorize it with,  you did not give us a choice or another category I've been betting in our country's lottery system and if you ask bettors 10/10 will answer it gambling because you give out money in the hope that you win.

Whatever your chances are all the factors involved in gambling when it comes to the gambler's mindset are all here, whether you point out the difference between gambling and all the other kinds of betting, it's still gambling.


Title: Re: How should Lotteries be categorized?
Post by: bocyaj on December 28, 2023, 11:48:23 PM
I understand the point you are trying to make pointing out all those differences between lotteries and the typical casino games, and I think I agree that lotteries should have a special category and terms when referring to them, but the issue is that I believe in the English Language there is not an specific term for "gambling" when one is playing lotteries. It is easier just to say lotteries are a form of gambling and to refer to them as such.
Though, in the case of my country/society, there is a clear distinction between them and the people who prefer to wager money in a casino from one who likes lotteries.

Anyways, if what you are seeking for is the a community concensus, it would be difficult to reach it. It woukd depend much on each one's personal opinion and culture on this matter.

The lotteries are even in the both of offline and online platform,if the gamblers had enough experience in the gambling Many of the gamblers in the forum will have their father who do the gambling in forum his father will take part in the offline lotteries.The special thing of the lottery game is it help us to win the jackpot.But the other games will allow to win,but the winning dollar will not like the jackpot money from lottery game.

This was the reason for the lottery have separate fan base as compared to the casino games,they should understand the profit percentage between each games in the long period of participation.The lottery was banned in some countries,still we able to buy lottery in another countries.


Title: Re: How should Lotteries be categorized?
Post by: alani123 on December 28, 2023, 11:53:06 PM
Lotteries also have a big house edge. It's not related to the chances of winning actually, moreso to the Return To Player rate.
In theory lotteries have an unlimited house edge because usually the hugger reward is capped.
So if the reward is capped $100m and players have gambled $400m then the RTP rate becomes lower than if $105m was gambled.

Honestly lotteries are weird. Usually they're sort of monopolistic and aren't very transparent about specs like RTP,  house edge etc. For some lotteries that are especially popular players figure it out on their own though.


Title: Re: How should Lotteries be categorized?
Post by: dothebeats on December 28, 2023, 11:53:26 PM
It's still a gambling game through and through. You are risking something in the hopes of gaining something in return. You are playing with chances to get the profit, and the odds are also always in favor of the house which are always stacked against you. You can't categorize it any other way, as you cannot treat this as an investment because you are always guaranteed to lose, and you are not owning a piece of something to get the return. It's a simple gambling game, and I guess that's just it.


Title: Re: How should Lotteries be categorized?
Post by: Bananington on December 28, 2023, 11:58:42 PM
With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.
Lotteries are entirely different from gambling because even if you consider the purpose for which some lotteries are organized and run you discover that it is often for a cause and there is usually a percentage from the revenue generated from these lotteries that is invested back into the community. Gambling is far different from that. Lottery is also a mostly sometimes organized by the government or huge companies occasionally but gambling are owned by casinos and betting platforms owned by private individuals mostly. It is my opinion that there is a huge difference between the two and lotteries qualified to be categorized on their own.


Title: Re: How should Lotteries be categorized?
Post by: alegotardo on December 29, 2023, 12:28:25 AM
Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

~snip~

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

For me it's all the same thing, because my reasoning is:
If I'm playing with the intention of (in addition to having fun) making a lot of money, then it's gambling!
The differences are limited to the betting possibilities, as in lotteries you basically choose some numbers and hope that they are drawn. But in casinos you can choose between cards, dice, an electronic game, etc... the ways to bet are very wide. The same occurs in sports betting where the possibilities and modalities are practically infinite.

Why are lotteries allowed in almost all countries while other games are not? Because it is easier to control and supervise games based solely on choosing numbers.
It is easier to detect fraud in a lottery than in an electronic game.
But in the end... everything is gambling!


Title: Re: How should Lotteries be categorized?
Post by: PX-Z on December 29, 2023, 12:47:40 AM
The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
It's because your chance of winning is very low, to think about in 6/49 lottery you have 1 in 13M chance of winning, that's why it's self explanatory. It's just like you roll a dice in x9999 multiplier or more.

The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
This and The Replayability factor — the money allocated for a win corresponds with luck, thus it always make sense that the chance of winning is really low.

About the age factor, i guess it depends on country where it takes place. Here you need to at least 18 for you to play any licensed casino/gambling.
And i don't think we need to label lottery for a certain type of gambling system, it's how gambling basically works, the only difference is the probability to win.


Title: Re: How should Lotteries be categorized?
Post by: Dr.Bitcoin_Strange on December 29, 2023, 12:52:39 AM

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

Well, I think it should just be linked to standard gambling; perhaps they are all just one thing and serve the same purpose, which is for fun and to win some money. then gamblers will make their preference. Although I kind of think that people are usually more engaged in normal gambling than lotteries, that doesn't make any difference at all; it's just all gambling, and every gambler knows what game gives them the fun they want. Those that are also concerned about the money have some preferred games, which they believe are where the majority of their winning comes from.

In lotteries too, with a small amount of money staked, you can win a jackpot, which doesn't come that often either. That's to say, it totally depends on luck and not much of a skill. Just luck is what favors a gambler in any form of gambling.


Title: Re: How should Lotteries be categorized?
Post by: Darker45 on December 29, 2023, 01:25:55 AM
Gambling games widely vary. There are games which require different degrees of luck. There are also games which require a certain amount of skill. If we include sports betting, they require knowledge and probably a little amount of research. There are those that have house edge. There are also those that don't have. There are gambling games that are played against the casino and there are also those that are played against other players. There are those that have huge jackpots and those that have low prizes. The chances of winning also vary from one gambling game to another.

I think lottery is just one kind. But it is a gambling game.


Title: Re: How should Lotteries be categorized?
Post by: coin-investor on December 29, 2023, 01:32:13 AM
It will create confusion if the authorities do not, or stop categorizing lottery as gambling it has all the forms of what gambling is, betting the bettors' mindset, it may be different from all the games on how it is being played and the chances of winning but its still gambling I cannot think of any other category for lottery but only gambling
in gambling, luck plays a big part, whatever the percentage of chances a bettor has in hitting a jackpot.
Bettors put money into it in the hope of winning just like they do in casinos or other betting forms, the government the bettors and everyone involved in the lottery categorize it as gambling, if it's not what could be the right category?


Title: Re: How should Lotteries be categorized?
Post by: yahoo62278 on December 29, 2023, 01:51:00 AM
Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

  • The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
  • The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
  • The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
  • Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.
Gambling is gambling isn't it? Whether it be risking $1 to win $1000000 or risking $1 to win $10, you are gambling. If anything lotteries should be categorized as low odds gambling as the odds of winning are extremely low. For example the odds of winning the powerball jackpot are roughly 1 in a 290 million chance.


Title: Re: How should Lotteries be categorized?
Post by: Hispo on December 29, 2023, 01:57:27 AM
I understand the point you are trying to make pointing out all those differences between lotteries and the typical casino games, and I think I agree that lotteries should have a special category and terms when referring to them, but the issue is that I believe in the English Language there is not an specific term for "gambling" when one is playing lotteries. It is easier just to say lotteries are a form of gambling and to refer to them as such.
Though, in the case of my country/society, there is a clear distinction between them and the people who prefer to wager money in a casino from one who likes lotteries.

Anyways, if what you are seeking for is the a community concensus, it would be difficult to reach it. It woukd depend much on each one's personal opinion and culture on this matter.

The lotteries are even in the both of offline and online platform,if the gamblers had enough experience in the gambling Many of the gamblers in the forum will have their father who do the gambling in forum his father will take part in the offline lotteries.The special thing of the lottery game is it help us to win the jackpot.But the other games will allow to win,but the winning dollar will not like the jackpot money from lottery game.This was the reason for the lottery have separate fan base.


It is not for everyone, by the way, I must say.
I have noticed lotteries in other countries seem to be different from the lotteries here in my homelands and which those I grew up with. It seems that lotteries in the United States and In Europe are about just having one big winner among thousands or million of people buying tickets, however, here there has been lotteries which also deliver smaller prizes according to the amount of numbers one managed to match the the numbers drawn on live Television.
Stadistically, I recall those lotteries cartons to mention in the back that the chances of getting the minimum prize was 1/100 or 1/50. It would not be much but still more than one would have spent on playing the lottery, so I would consider it to be a win.

I suppose whether it is a jackpot or nothing depends on the terms of the lottery and what country one lives in.


Title: Re: How should Lotteries be categorized?
Post by: Julien_Olynpic on December 29, 2023, 02:11:51 AM
Of course, the lottery is a form of gambling, but it is a very specific form. One of the main differences (but not the only one) is that the purchase of a lottery ticket and the determination of the winnings after the publication of the winning table are separated in time. This diminishes the emotion a bit. In roulette, a person who bets on one of the sectors has the opportunity to find out the result in a few minutes. It's the same in poker.
In addition, in some countries, the lottery is an obvious form of fraud. For example, in Russia, you can win the lottery, but the winnings will not be given to you. I know that this exists in other countries.


Title: Re: How should Lotteries be categorized?
Post by: uneng on December 29, 2023, 02:18:32 AM
  • The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
  • The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
Lottery is just another gambling game. The ticket is cheap, the prize is huge, just like at traditional casino games where the less winning chances you have, the higher it's going to be the multiplier, while when playing with high winning chances, the prize decreases considerably. The odds work in similar manner in lottery and other gambling games.

  • The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
Also, just because you won once in lottery, it doesn't mean you can't win anymore in your life. The chances are always there, just like at other gambling games. What happens is that chances are too low, although they don't decrease from the first win to a potential second win.

  • Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.
And casinos are so accessible or even more accessible than lotteries. You can play casino games anywhere at anytime, since you have internet connection. You can do this from wild countryside regions, but you can't play at the national lottery from there, as it demands you taking a vehicle and going into the nearest city's lottery to place a bet. Casinos are digital, while national lotteries are physical.

But I agree with you that lotteries aren't age restricted, because I've already seen underage people purchasing tickets and playing in the absence of their parents. However, that was in physical shops. At online platforms which ha lottery included, underage gamblers won't be allowed, anyway.


Title: Re: How should Lotteries be categorized?
Post by: Hirose UK on December 29, 2023, 03:59:18 AM
What you said is quite good but the lottery is bet with series of numbers that must be absolutely correct and of course this is very difficult because the winning percentage in the lottery game is like looking for needle in haystack.
Luck is very influential in winning lottery games and of course how much money is spent and whatever strategy is used to get the numbers to bet on will never work if luck is not on your side.
It might be very interesting because with very low bet amount, for example $1, we can generate a jackpot that reaches millions of dollars, but this is all worth it because the difficulty in winning the lottery is very dominant.
Just look at how many gamblers have managed to win the lottery with an amount that can be said to be jackpot, there are only handful of people out of the many gamblers who like lottery betting.

For age limits, it may be true that access is limited by age limits and one way is to implement KYC, but isn't it easy to complete KYC for those who are underage.
They will use the identity of their parents or family members who are adults or are categorized as having self-identity.

In terms of regions, it seems that almost all countries have gambling base with lottery betting, even countries that prohibit gambling still have many places selling lottery tickets in secret.
Where I live the lottery will be drawn every day up to 5 times and what is used are various types of lottery bets from various Asian countries.


Title: Re: How should Lotteries be categorized?
Post by: Oasisman on December 29, 2023, 04:14:07 AM
With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

I understand what you're trying to point out, but lottery for me is under the standard gambling system. Simply because it involves money to buy tickets, that translates into placing a bet when you're in a casino and of course winning money out of that ticket when you're lucky. So, placing a bet hoping to get a win and multiply your money is basically gambling, though they do have a lot of differences but they all fall under one category.

The government here in my country have built this biggest national lottery for charity purposes and the most interesting thing about it is it spark a debate whether or not it is considered a part of the standard gambling system since every ticket bought can be big help to those who are in needs.


Title: Re: How should Lotteries be categorized?
Post by: Reid on December 29, 2023, 04:22:51 AM
IMO, how it is categorized now is fine. The main problem is because it's played nationally mostly. I have not seen a worldwide or international lottery yet. Gambling sites are international so it will be difficult to inject it with them.
The problem falls to the prizes that are given and I do believe something could go wrong if it's not the government who is collecting the money or giving out the prize. I have serious doubts in gambling sites when it comes to large amounts of money.
What I think should be done is the ease of betting in lotteries. Up until now, if you want to bet you need to go physically in the lottery outlet which I think is not how this era works today. Everything should be made online for ease of access.


Title: Re: How should Lotteries be categorized?
Post by: joniboini on December 29, 2023, 04:35:56 AM
Up until now, if you want to bet you need to go physically in the lottery outlet which I think is not how this era works today. Everything should be made online for ease of access.
Is there no security factor behind this decision? I imagine it would be disastrous if some hackers could abuse a website that sells lottery tickets. The government probably also uses this to discourage some groups of people from buying their tickets. Maybe there is a control aspect that is easier to manage if everything is sold offline, although it is a bit of a headache to record everything properly.

On the other hand, some lottery are available to buy online from what I've read on the internet. It really depends on which lottery are you planning to buy, in which country, and how their law works. One of the reasons being cited for limiting this online sale is to prevent people from outside the state/country from buying any ticket. CMIIW.


Title: Re: How should Lotteries be categorized?
Post by: Text on December 29, 2023, 06:16:58 AM
I don’t think the lottery deserves a separate space in the gambling world. It is already labeled as gambling and not something else, even though it is not quite the same as casino games or traditional forms of gambling. They share the element of chance and the potential for financial gain. It has unique characteristics, but just like other gambling games, it has the potential for massive payouts with minimal investment when you hit the jackpot – a life-changing payout.
However, in our physical lottery here, I haven't been placing bets for a long time due to the lack of transparency. We feel that there may be anomalies or manipulations happening.


Title: Re: How should Lotteries be categorized?
Post by: Blitzboy on December 29, 2023, 09:16:22 AM
Yes, lotteries and regular gambling should be kept apart! The payout's exceptional scale explains why. We're talking about a never-before-seen opportunity in casinos: turning a dollar into millions. This is a phenomenon in society, not only a kind of gambling.

The odds are negligible in lotteries and rather reasonable in casinos. Its a monument to human optimism in the face of almost insurmountable odds, not just gambling. We're purchasing a dream, however short-lived, rather than merely staking money.

Lotteries are more accessible than casinos in this regard. They are a bringing together national and occasionally worldwide event. This is about more than just making money; its about sharing an experience with others. Yes, its gambling, but its also a rite in the community. Lotteries are different from ordinary gambling in that they are a special fusion of chance, hope, and dream. This is what we need to understand about them.


Title: Re: How should Lotteries be categorized?
Post by: michellee on December 29, 2023, 09:57:00 AM
Lottery games are included in standard gambling games. There is no need to think much about the lottery. You buy a lottery ticket at a cheap price and hope that it will lead you to the jackpot prize. But we compete with many people and we hope for luck. If we lose, we will still buy the lottery ticket until one day we win.

It's true that when playing the lottery, we don't have a big chance of winning. But that's okay because it's worth the ticket price. At least, that's what many people think about the lottery. That is why they are willing to spend some money to buy several lottery tickets to win. But again, it depends on their luck.

If they win, it is a once in a lifetime opportunity to earn a lot of money. But people still lose and we may have had a thread where someone kept buying lottery tickets until it was several years before they won. With this lottery, people hope to win the jackpot prize.


Title: Re: How should Lotteries be categorized?
Post by: lovesmayfamilis on December 29, 2023, 01:47:07 PM
Although I am not a gambler, the lottery once turned into a game of chance for me. You know, there are lotteries where you need to erase a card so that either a number or what was supposed to be a prize appears. So I spent a considerable amount on this entertainment; I won a lot, and this only fueled my interest in a larger prize, but as a result, after calculating, I realized that I had lost much more than I had gained.
Therefore, now I try to avoid such lotteries, but I am not averse to taking part in some kind of draw where my efforts are not required at all.


Title: Re: How should Lotteries be categorized?
Post by: danherbias07 on December 29, 2023, 02:04:35 PM
Indeed, a different system. I guess that's why online casinos input Keno games on the list of their originals. People are still looking for a game like Lotto so they want to test it out. Although the multiplied win is way different, we can somehow feel the same feature with it and we can actually win anytime which for me is a bonus.

Honestly, I don't play Lotto. I've seen my grandpa waste a lot of money on that game and never had a chance to win even just a 5-number pick. That gave me the idea that the percentage of winning there is so low that our time in the world might not even be enough to win one time for a jackpot. Also, that experience made me avoid the lotto because for me it's like wasting money when we can save all of those and maybe have some savings for our retirement instead.
$2 - $3 per day/round. I think the letter is being done three times a week here in our place and it changed to a daily game with just different types of lotto. That's $700 to $1000 per year and we will be doing it for half of our lives. The only hope is giving it the "What if I win the jackpot?" which I think will never happen unless you are very very lucky.
It's different with casino games on online gambling sites, we can win every day and it's all up to the gambler.


Title: Re: How should Lotteries be categorized?
Post by: Yatsan on December 29, 2023, 02:37:31 PM
Lottery will always be categorized under gambling activities. As long as something involves betting and expectancy of a bigger amount, without assurance of winning , then that's definitely gambling. The only way it is separated to most of the gambling games is its accessibility to public in most countries. Lottery is most of the time registered to government and is credited of taxation unlike with casino games and with online gambling platforms. If it is by concept of it alone, then it is absolutely a form of gambling.Some might be confused of the concept of investment, which is sometimes associated to gambling by some people 'coz of risk. To somehow help clarify, risk in investment could be lessen and there's a stoploss to it, unlike with gambling wherein it is either you lose or you win.
With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.
Lotteries are entirely different from gambling because even if you consider the purpose for which some lotteries are organized and run you discover that it is often for a cause and there is usually a percentage from the revenue generated from these lotteries that is invested back into the community. Gambling is far different from that. Lottery is also a mostly sometimes organized by the government or huge companies occasionally but gambling are owned by casinos and betting platforms owned by private individuals mostly. It is my opinion that there is a huge difference between the two and lotteries qualified to be categorized on their own.
Well there are different type of lotteries; one involves money and one is charity (mostly organizational) or giveaway to some instances. I think you are referring to charity lotteries that involves just giving. But if we dig down to it, there's still a risk of not winning anything given that you are against everybody in the list.


Title: Re: How should Lotteries be categorized?
Post by: Yogee on December 29, 2023, 03:00:12 PM
The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
It looks like you only know the 6-digit lotteries. There are other forms like 2D and 3D in case you didn't know. The price pool or jackpot prize is much lower but the probability of winning is higher compared to 6D.

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The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
Have you tried playing crash games with 10,000x payout? I bet your luck winning that one is close to winning the 6D lottery.

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The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
No chance to win in the future? Are you saying lottery winners are not allowed to bet again? I never heard of that. They can always buy ticket if they wanted to but they probably have no interest. Why would they if they already hit it big?

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With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out?
No need to change category. It's irrelevant anyway.


Title: Re: How should Lotteries be categorized?
Post by: Kelward on December 29, 2023, 03:22:41 PM
I categorize lottery as gambling the way casino and sports bets are, because you place a bet in all of them and hope to win. There methods and risk levels are different but their ends are the same either win or lose, play and depend on luck so you can win the bet. A gambler can win millions in lottery, but the chances of winning it can be one in a million chance, they play and the lottery company spines the weels. In casinos, gamblers gets to play the game by themselves, you win and gets paid, you loose and lose your money. Then in sports bet gamblers predicts matches and stakes bets, if predictions are correct then they receive their winnings, if not, then their money is lost. So lottery is definitely gambling, because like the others you bet money to win or lose.


Title: Re: How should Lotteries be categorized?
Post by: Solosanz on December 29, 2023, 03:30:09 PM
Lottery, you get a ticket because you buy using money and there will be at least one person will take a lot money, how can it's not a gambling? the difference is the risk and return.

I know there are few countries don't allow gambling, though they allow lottery, but it doesn't mean lottery isn't a gambling. Many countries have a double standard rules, so this one is the example.


Title: Re: How should Lotteries be categorized?
Post by: topbitcoin on December 29, 2023, 05:11:30 PM
I was a little confused about classifying this type of gambling. But even so, lottery is a type of gambling that has been around for a long time, even long before online gambling existed, lottery gambling became quite popular. And developed until now. In the past, to buy the lottery we had to visit the shop in person, but not now, everything can be done via cell phone. and this shows, even though this type of gambling has been around for a long time, this type of gambling has never lacked interest. Which even though they know very well..... The possibility of winning is very small. Those who play this type of gambling are really trying their luck.

However, even though the possibility of winning is very small, there are lots of people who keep trying to get it... not a few people even spend their time making a number analysis. and quite a few also associate it with quite mystical things. and there are also those who connect it with a dream.


Title: Re: How should Lotteries be categorized?
Post by: iv4n on December 29, 2023, 07:00:47 PM
...
With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

And what is a standard gambling system? Each game has a minimum bet and max payout, and depending on the odds we pursue we can calculate our winning chances. The lottery is not different, people play with lottery with some minimum bets and they wish to win x1000000 (more or less), but you can try that with limbo as well... but you know what, if you play limbo with $1 bet you will probably lose $100 (or more) in 10-20 minutes, but if you play the lottery (daily or weekly) $100 will last a lot longer.

I don't like to buy tickets for lotteries and raffles, I like when we can play some games and earn the tickets. It's some crypto thing I guess.


Title: Re: How should Lotteries be categorized?
Post by: electronicash on December 29, 2023, 08:08:15 PM

i have no idea what that standard system but all i know they are all gambling. the government however is just putting an exception to the lottery because they benefit from its money. i don't also know the ratio but 1 in 10 million i guess that's how lucky you are when you win the lottery jackpot.

so whatever the standard gambling system is, it doesn't apply since the government can do what it wants. the religious family i know who despises gambling even buys lottery tickets. that's how the government cleans the game and the holy men are playing it.


Title: Re: How should Lotteries be categorized?
Post by: maydna on December 29, 2023, 10:12:58 PM
Slot games are luck-based gambling games with many forms depending on the location. This slot game has succeeded in attracting people who want to win the jackpot prize by risking a certain amount of money to buy the ticket. They buy tickets at cheap prices to win huge jackpot prizes. But because this slot game requires luck, only a few people win it. They keep buying lottery tickets because they keep hoping to win the prize, and they often buy in large quantities because the price is cheap. And when they manage to win the jackpot prize, it is such a big win that they can get that they can't do it again.


Title: Re: How should Lotteries be categorized?
Post by: Casdinyard on December 29, 2023, 10:28:00 PM


With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

What kind of different standard or system should we categorize it with,  you did not give us a choice or another category I've been betting in our country's lottery system and if you ask bettors 10/10 will answer it gambling because you give out money in the hope that you win.

Whatever your chances are all the factors involved in gambling when it comes to the gambler's mindset are all here, whether you point out the difference between gambling and all the other kinds of betting, it's still gambling.
That's my question as well that I'm trying to ask you guys lol. The thing is that some people like to categorize lotteries as sweepstakes as prizes are often shared amongst "winners" but at the same time, this happens so rarely (at least from my understanding) that it may as well be considered that only one guy's going to win every time. Due to how different things go for lotteries it makes me feel like it should be on a league of its own but at the same time compared to every other type of game in the gambling world there should be a category for it or at the very least games that it could be compared with. Which is sadly non-existent for lotteries.

I categorize lottery as gambling the way casino and sports bets are, because you place a bet in all of them and hope to win. There methods and risk levels are different but their ends are the same either win or lose, play and depend on luck so you can win the bet. A gambler can win millions in lottery, but the chances of winning it can be one in a million chance, they play and the lottery company spines the weels. In casinos, gamblers gets to play the game by themselves, you win and gets paid, you loose and lose your money. Then in sports bet gamblers predicts matches and stakes bets, if predictions are correct then they receive their winnings, if not, then their money is lost. So lottery is definitely gambling, because like the others you bet money to win or lose.
I can see your point but at the same time, should it really be fair for players to loop sportsbetting (with virtually 50/50 chances of winning) and regular gambles (with a little bit of house edges) against lotteries with trillions if not quintillions of possible denominations and winning combinations, as well as an astronomically low chance of winning? If I'm a total newbie and I see someone saying that lotteries are simply the same as sportsbet and regular gambling and I don't win or I don't see anyone win in the next raffle, is it really something justifiable? I don't think so.

What I'm really here for is a little bit of an information campaign so people don't go thinking that lotteries are for them just cause they don't have luck with other gambling games.


Title: Re: How should Lotteries be categorized?
Post by: Mauser on December 30, 2023, 10:05:49 AM

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

Lotteries are definitely their own type of gambling, as they are much more profitable than the average casino game for the owner. The chance of winning the lottery is so low that it takes sometimes month before the jackpot is cracked again. Both winning chances and payouts can't really be compared to the traditional casino games. Now add the concept of taxes, where 30-50% of the paid in money is taking away either by taxes or overhead cost, and it's a really lucrative business for the government. Which is also why in my country all the big lotteries are state owned and have a monopoly on it. For the government it's all about making money and not about providing excitement and satisfaction for the customers. They know a big jackpot alone is enough to advertise, they don't need any cool ads or special promotions. The customers will come on their own as they dream to become a millionaire. My grandfather played the lottery for 30 years and never won anything big. Which is why I only play when there is a big jackpot or all my friends are playing.


Title: Re: How should Lotteries be categorized?
Post by: Jating on December 30, 2023, 12:27:16 PM
With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

I think when there is risk involved, it should still be categorically called gambling, regardless of what the odds are and specially you are buying tickets in hope that you are going to win big money, and that is the very basic tenant of gambling itself.

So there's no other system/standard for lottery, it is still gambling per se, even if you pointed out some factors that others might think what lottery is.

Regardless of what is the probability/profitability, we should call it gambling.


Title: Re: How should Lotteries be categorized?
Post by: panganib999 on December 30, 2023, 11:22:08 PM
The chance of winning the lottery is so low that it takes sometimes month before the jackpot is cracked again
Lol here in the Philippines we get the Lottery jackpot cracked every 2 weeks, something fishy is going on but we cannot really talk about it cause it's the least of our concerns when the whole government's in shambles prior to voting a complete retard into office. But I digress,

Lotteries are definitely their own type of gambling, as they are much more profitable than the average casino game for the owner.
stupendously profitable, as from what I can discern even if you play the lotter your whole life you'll never be able to top the jackpot that you're shooting for, so it's one of those games that gives you more than what you put in, even compoundingly-speaking. However, as you have said, the chance of getting these returns are so low you may as well just assume you're never going to win any of those games you played. So there's that tradeoff that we're expecting.

Now add the concept of taxes, where 30-50% of the paid in money is taking away either by taxes or overhead cost, and it's a really lucrative business for the government. Which is also why in my country all the big lotteries are state owned and have a monopoly on it. For the government it's all about making money and not about providing excitement and satisfaction for the customers. They know a big jackpot alone is enough to advertise, they don't need any cool ads or special promotions. The customers will come on their own as they dream to become a millionaire. My grandfather played the lottery for 30 years and never won anything big. Which is why I only play when there is a big jackpot or all my friends are playing.
I think you're getting off in a tangent now cause I don't think these are still related to the question but at the same time I can see where you're going. The fact that lotteries are only the type of game that you can play for 30 years consistently and not be considered an addict is something that really fascinates me you know.


Title: Re: How should Lotteries be categorized?
Post by: Hirose UK on January 02, 2024, 02:58:51 PM
So there's no other system/standard for lottery, it is still gambling per se, even if you pointed out some factors that others might think what lottery is.
It seems that is the case and the lottery is still part of gambling which has the same system as other bets.
Moreover, lottery is type of betting that has been around for long time and was one of the most popular types of betting before machine games such as slots existed.

The chance of winning the lottery is so low that it takes sometimes month before the jackpot is cracked again
Lol here in the Philippines we get the Lottery jackpot cracked every 2 weeks, something fishy is going on but we cannot really talk about it cause it's the least of our concerns when the whole government's in shambles prior to voting a complete retard into office. But I digress,
2 times week yes, in lottery betting with betting centers such as Hong Kong, Singapore and Sydney, there are lottery number output rounds every day, but Singapore has holidays Tuesday and Friday, where on these days the Singapore lottery market will not operate.
This type of lottery can provide jackpot every day if the numbers purchased are truly correct in their entirety.
This type of lottery is also very popular in Asia, especially for those who use local gambling sites.


Title: Re: How should Lotteries be categorized?
Post by: aioc on January 02, 2024, 04:00:46 PM

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

I think we can categorize it as a gambling form that is popular to the general public because anyone can bet on it and the lottery is a very popular form of gambling, even ordinary people who do not know what it is like to play in casinos online and offline can easily play it because of its simplicity, all people I met are bettors or have bet on lottery especially if the stake is high.
There's always a long line whenever there is a huge reward at stake, here in our country it's so popular that 7/10 are regular bettors or bet once a month it's the kind of gambling that is well reached by all walks of life.


Title: Re: How should Lotteries be categorized?
Post by: Coin_trader on January 02, 2024, 04:12:11 PM
    With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

    What standard system you are referring? At least provide as some reference on this or post the gambling standards you are referring to compare it side by side. I think the one you are comparing is the Casino standard which is not the general gambling standard system since gambling already exist before casino was established.

    There’s no such thing as gambling standard system because any form of bets is already gambling as long as money already involved.

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    • Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

    Lottery is age restricted too as stated by the law regarding gambling. Also there’s already online casino which can cover internationally unlike IRL casino.



    I believe lottery itself is their own distinct category for gambling.[/list]


    Title: Re: How should Lotteries be categorized?
    Post by: Juse14 on January 02, 2024, 05:36:35 PM

    With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

    I think we can categorize it as a gambling form that is popular to the general public because anyone can bet on it and the lottery is a very popular form of gambling, even ordinary people who do not know what it is like to play in casinos online and offline can easily play it because of its simplicity, all people I met are bettors or have bet on lottery especially if the stake is high.
    There's always a long line whenever there is a huge reward at stake, here in our country it's so popular that 7/10 are regular bettors or bet once a month it's the kind of gambling that is well reached by all walks of life.

    Togel is a type of gambling that can be said to be the most popular with society as a whole, considering that this is the cheapest and easiest type of gambling to find, especially now that this type of betting can be done via the internet. In making this bet, someone is free to bet in whatever amount they can afford. Where I live, this type of gambling is more sought after by lower class and lower economic society. They bet with full hope, they continue to bet and wait for their luck to get a win, because they believe that if they get a win then their financial condition will change instantly. Considering that even though this gambling is difficult to win, when they get just one win, the amount of money winning is huge.


    Title: Re: How should Lotteries be categorized?
    Post by: Crypt0Gore on January 03, 2024, 10:45:47 AM
    Living on such hope is something that I can't do to myself, I have seen people living their life to their old age as a lottery ticket investors and they never win, the chances vs you just gambling in a casino is pretty lower, it's something you can't decide to do for a long time but those who start can't even stop, this is why you need to choose carefully what do to yourself, things get in the blood fast and we find it hard to stop.

    Peoples mind are delicate, if they believe in lottery, they could send all their life believing that they will become millionaire one day with lottery and they won't be able to do anything else for themselves, and their life will waste away.

    I won't categorise lottery as gambling, because it's more risky than gambling, if you get addicted to lottery you may never be free of your addiction, it will cripple your journey in life because you have found a way to break free from hard working, if you think about it, you will see how cruel lottery can be vs gambling in casino.