rickadone
Legendary
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Activity: 1176
Merit: 1024
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November 27, 2015, 08:18:17 AM |
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I have won 0.10BTC today in online lottery which is the biggest winning of mine in lotteries till now. Hoping for higher wining next time.
How much did you spend on that winning if you are spend 0.1 to get 0.1 it is no profit winning. If I can say you need to spend 0.05 only to win that so you still double your coin there. IF you spend more than 0.1 it is not worth then Yes you got the point. Many people keep on buying lotteries continuously by spending more bitcoins. After some long time, they might win some bitcoin from lotteries. But they failed to sum up all the spending amounts. Fortunately if the buying amount is less than the winning amount, that would be great but mostly it won't be. Yes it is equivalent to losing money on daily basis but winning rarely some other day. This is usually happening in gambling. Whenever you lose hope on gambling, you will win some amount from gambling on that particular day. This will make you keep on gambling continuously for another win.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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knowhow (OP)
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November 27, 2015, 09:28:56 PM |
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I have won 0.10BTC today in online lottery which is the biggest winning of mine in lotteries till now. Hoping for higher wining next time.
Can you share wich lotery do you play and which one you had won,i suppose when he says that won he havent put less bitcoin then what he had earned.Better play online loteries some then try real that well the odds always plays agains anyone.
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klf
Legendary
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Activity: 1344
Merit: 1000
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November 28, 2015, 12:12:22 AM |
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I have won 0.10BTC today in online lottery which is the biggest winning of mine in lotteries till now. Hoping for higher wining next time.
Congratulations to you! Do not repeat the same mistake most us we do again and again in gambling. To win lottery one should be extremely lucky because winning chances are very slim so don't think after this win you will win again tomorrow also. No strategies are there to pick a lottery but purely on luck.
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xuan87
Legendary
Offline
Activity: 1666
Merit: 1001
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November 28, 2015, 02:05:56 AM |
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Loteries provide small chance of winning althought once you win, you got massive multiplier
Imagine if you playing lotteries : guess 1 digit number , you need guessing 0-9 ( your chance = 1/10) guess 1 digit number , you need guessing 0-99 ( your chance = 1/100) and so on...
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BTCevo
Legendary
Offline
Activity: 1834
Merit: 1008
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November 28, 2015, 04:21:44 AM |
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I have won 0.10BTC today in online lottery which is the biggest winning of mine in lotteries till now. Hoping for higher wining next time.
How much did you spend on that winning if you are spend 0.1 to get 0.1 it is no profit winning. If I can say you need to spend 0.05 only to win that so you still double your coin there. IF you spend more than 0.1 it is not worth then Yes you got the point. Many people keep on buying lotteries continuously by spending more bitcoins. After some long time, they might win some bitcoin from lotteries. But they failed to sum up all the spending amounts. Fortunately if the buying amount is less than the winning amount, that would be great but mostly it won't be. Yes it is equivalent to losing money on daily basis but winning rarely some other day. This is usually happening in gambling. Whenever you lose hope on gambling, you will win some amount from gambling on that particular day. This will make you keep on gambling continuously for another win. If it is equivalent to losing money why you keep on playing it? This is just wasting time right? And you have a chance to lose it, better used it to gamble in other places or may be have a safe sport betting it is much more safer than playing lottery
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enthus
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November 28, 2015, 04:34:37 AM |
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very low luck in lotteries, i do not play.
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hua_hui
Legendary
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Activity: 1386
Merit: 1016
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November 28, 2015, 04:49:08 AM |
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I have won 0.10BTC today in online lottery which is the biggest winning of mine in lotteries till now. Hoping for higher wining next time.
possible to let us know if this is ur first time playing or you have been playing for qutie some time already???
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dooglus
Legendary
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Activity: 2940
Merit: 1330
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November 29, 2015, 04:39:35 PM |
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Actually, I think the chance of a certain combination of 6 numbers to be drawn out of 49 is about 1/14,000,000 so I guess the chance for the exact same combo to be drawn twice is much less than that. So nowhere near 1%...
Think about it. What are the odds that a certain number comes up on a 6-sided dice? It's 1/6, right? So what are the odds of the same number coming up twice in a row? "Much less than that"? Why?
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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HarryKPeters
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November 29, 2015, 04:44:39 PM |
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I did in the past. But then gave it up.
There is just so less change winning. The fun element is minor compared to either gambling or spending it. So yeah I won't do it again.
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dooglus
Legendary
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Activity: 2940
Merit: 1330
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November 29, 2015, 05:20:41 PM |
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It seems to me that there's about a 1% chance each year of having the exact same draw happen twice within a 1 year period:
>>> 49*48*47*46*45*44/6/5/4/3/2/1/365/365 104
But yeah, maybe it's fixed. Who can say.
[...] I am going to have to agree that it's nowhere near one percent.The math: 49*48*47*46*45*44/!6 = 13,983,816, so 1/13,983,816 = 0.000007% chance of hitting any one set of numbers which is a considerable percentage less than 1% That's the chance of hitting the same numbers twice in a row on a specific pair of days. But it didn't happen twice in a row - there were some draws in between - and it wasn't on some particular special day, it was just some random day. but the odds of hitting the same combination AFTER knowing that the combination already appeared is also 0.000007% because they are mutually exclusive events.
That's faulty logic. What are the odds of starting a hold'em hand with a pocket pair? It's 1 in 13 that you get the first card you got, and about the same (3 in 51) that you get the same rank for the 2nd card, so it's 1/13 * 3/51 = 1 in 221 that you get a pocket pair? No. Because the first card doesn't matter. Your "AFTER knowning" is saying that you need to take the rarity of seeing that first card into account, but you don't. The odds of starting with a pocket pair is simply 3 in 51 (1 in 17) - because you're always going to get some first card, and there are always going to be 3 cards left out of the remaining 51 cards which have the same rank. However, the odds of predicting that the combinations will hit twice in a row BEFORE there was a draw would be (0.000007%)^2 = 0.0000000000000049% which is a very small percentage indeed!
That would be the odds of seeing a particular set of 6 numbers twice in a row. 1,2,3,4,5,6 say. But that's not what happened. 1) the 6 numbers were nothing special 2) it didn't happen twice in a row I was saying that it would be just as "amazing" if the same numbers came up twice in the same year, and saying that that happens in about 1% of years if you draw every day.
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knowhow (OP)
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November 29, 2015, 10:31:03 PM |
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Well we all know real loterys paying a huge ammount we can bet unlimited that our odds will still the same.Would be great some kind of lotery with 10% or5% odds even with small rewards at begining ,could add levels and the lotery would be running when all tickets bought,soo with 10 or 20 numbers even 40 would be good,besides those the reward should become bigger as the levels and well payment proof always would be great.
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rally
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November 29, 2015, 10:52:29 PM |
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WIth big loteries i never won something with value. With loteries like dice for bitcoin, i won already more than i played.
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bitcoinboy12
Sr. Member
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Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
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November 30, 2015, 01:49:32 AM |
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I have won 0.10BTC today in online lottery which is the biggest winning of mine in lotteries till now. Hoping for higher wining next time.
How many time do you play it before you win it? if you play it with the bet of 0.005 then you lost 20 times so there's no winning profit.. but if you play it with low bet then you lost 20x so you gain a few profit... So how many times do you bet it? and how much is per bet?
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Erza
Legendary
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Activity: 1078
Merit: 1000
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November 30, 2015, 03:28:43 AM |
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I did in the past. But then gave it up.
There is just so less change winning. The fun element is minor compared to either gambling or spending it. So yeah I won't do it again.
From the start lottery games have so low chances of winning there, only very lucky people that can win in this kind of games. Or may be some spender out there to win it at least a little bit because he can control the money to buy more on the tickets so you wont have a chance to win it
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tommy05
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November 30, 2015, 03:31:30 AM |
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Yes i play lotteries however even tho many times i tried I didn't even win .
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bitbingo.io
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November 30, 2015, 11:29:51 AM |
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Well we all know real loterys paying a huge ammount we can bet unlimited that our odds will still the same.Would be great some kind of lotery with 10% or5% odds even with small rewards at begining ,could add levels and the lotery would be running when all tickets bought,soo with 10 or 20 numbers even 40 would be good,besides those the reward should become bigger as the levels and well payment proof always would be great.
We do offer this exact type of micro lotteries (you can look at it as a sort of pvp dice as well): BitBingo Casino BlinksMore than that, as people here on forums suggested, we've introduced a series of really low ticket price (just m BTC 0.1 per ticket) and waived the house fee entirely on these low price Blinks, so everyone could test our games with minimal wagers!
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Newcoins2020
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November 30, 2015, 11:36:58 AM |
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I've won a bit by playing lotteries, not much though. The most i've gotten was $20, not much but it was something. As long as I'm winning more than I've spend, it will be a win for me.
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jt byte
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November 30, 2015, 11:38:56 AM |
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Yes I play loteries some times be the most time I don't have luck, but when I do I just win my money back or dubble it.
I have never win a big amoung with loteries.
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healer
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November 30, 2015, 03:35:05 PM |
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I never won a single cent on lottries and even not anything in bingo
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Erza
Legendary
Offline
Activity: 1078
Merit: 1000
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December 01, 2015, 05:33:41 AM |
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I've won a bit by playing lotteries, not much though. The most i've gotten was $20, not much but it was something. As long as I'm winning more than I've spend, it will be a win for me.
Yes it is true but most people dont even know this. They just keep on spending their money just to get the prize but in the end they dont know that they are still in miinus profit. And what I do know lottery is hard to win because you need to compare with others about the ticket and you need a lot of luck just to win it
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