samputin
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August 01, 2019, 03:28:43 AM |
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Philippine President Duterte suspended the operation of the government-run lottery
By the way, the president Duterte finally uplift the suspension on lotto operations. Take note, lotto operarions only, STL and Peryahan ng Bayan are still closed. I think that was good than nothing, at least you can still gamble ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . And may I just add, PCSO have this new way to entertain queries of the people which they called "Itanong mo kay GM" (Ask GM) where GM stands for General Manager. Based on my understanding, its aim is to address inquiries regarding their operations and is directed to the aforementioned official. Though they are not yet investigating, at least people can now raise their questions more conveniently (at least that's what I think).
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joniboini
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August 01, 2019, 03:59:06 AM |
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Philippine should use blockchain, or any other public verified and transparent database for that. The question is tricky because it requires you to trust either government or private companies which is difficult at one point or another. It's almost impossible to verify how the systems work if they don't make it public/open-source, and you'll need to rely on other parties, to investigate it. So, there are at least 2 layers of trust involved.
With blockchain and smart contracts, verification will be easier. We just need to make sure the smart contract that is used is the same one.
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mu_enrico
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August 01, 2019, 05:02:39 AM |
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IMO, both government and private is not provably fair and prone to embezzlement at many levels. Just like @joniboini said, it is better to use on-chain lottery with smart contracts. You guys might want to check LOTEO as this casino provide provably fair on-chain PvP lottery.
Perhaps on-chain betting would be the new norm of running games of chance.
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vintages
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August 01, 2019, 08:16:47 AM |
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A government run lottery seems safer and less likely to take everyone's money and do an exit scam.
You can't be too sure about how safe it will be when it is been run by the government. What we should be looking at is how transparent it will be of it is being controlled by either the private or the government. If the private can be fair in it with accountability than the government then it will be safer being held by them and so it will be if the government is transparent more than the private holder.
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Natalim
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August 01, 2019, 08:45:22 AM |
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IMO, both government and private is not provably fair and prone to embezzlement at many levels. Just like @joniboini said, it is better to use on-chain lottery with smart contracts. You guys might want to check LOTEO as this casino provide provably fair on-chain PvP lottery.
Perhaps on-chain betting would be the new norm of running games of chance.
I hope everyone operators would adopt with that as that would surely give real transparency to millions of people betting their money in lottery. Philippine Lottery is just like this - https://www.youtube.com/watch?v=wa2qj4EStyIThey are still employing an old school way of drawing the winning combination, and that kind of way games can easily be rigged with inside job.
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Darker45
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August 01, 2019, 10:54:13 AM |
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Actually, it does not matter to me whether the lottery is being ran by the government or a private company. What matters is the prize. And of course the fairness behind the draw. It is better to bet on provably fair online lotteries. It seems to me that there is a little problem with the way government-ran lotteries are being drawn. The persons who will handle the draw are from the government, the witnesses are also from the government themselves. It is easy to smell something fishy with government works.
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swogerino
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August 01, 2019, 11:52:09 AM |
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I think that depends on the country where the lottery is running,in USA I would trust more a lottery run by the government rather than one from a private company as the US government is seen as one of the less corrupted in the world but I would trust more a private company in the Philippines running a lottery rather than the government there. It all depends on what country is issuing the lottery.
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MonsterV
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August 01, 2019, 01:19:51 PM |
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None. Both Government run lottery or private lottery will be filled with corruptions in one way or the other. That is the huge problem of centralization. Single authority means giving power to a single person who can manipulate anything according to his own will. That is why decentralized lottery would be the best thing. Everything will be publicly available and the lotteries will also be fair. No corruption or manipulations!
I'm assuming that we are living in the same countries because we see the same with the governments. I'm not against our government but even government-run lotteries can be filled with corruptions too unless they will be transparent enough and share every information to the public then maybe. A private-run lottery is surely filled with corruptions. Decentralized lotteries with the power of blockchain is I think the best way to prevent corruptions in lotteries. Well right, when government-run lotteries are corrupt, it is certain that privately managed lotteries will have far more corruption. Transparency is very precise with problems like this, but I think the lottery manager will not provide information to the public. Lottery Blockchain can indeed be a solution here, I support this kind of lottery where everyone can transparently the lottery results without corruption and everything is stored without manipulation in the blockchain. The problem is that there are still a few who accept it, but for those who don't want to be victims of corruption, they will definitely choose this.
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TimeTeller
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August 01, 2019, 01:50:02 PM |
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None. Both Government run lottery or private lottery will be filled with corruptions in one way or the other. That is the huge problem of centralization. Single authority means giving power to a single person who can manipulate anything according to his own will. That is why decentralized lottery would be the best thing. Everything will be publicly available and the lotteries will also be fair. No corruption or manipulations!
I'm assuming that we are living in the same countries because we see the same with the governments. I'm not against our government but even government-run lotteries can be filled with corruptions too unless they will be transparent enough and share every information to the public then maybe. A private-run lottery is surely filled with corruptions. Decentralized lotteries with the power of blockchain is I think the best way to prevent corruptions in lotteries. Well right, when government-run lotteries are corrupt, it is certain that privately managed lotteries will have far more corruption. Transparency is very precise with problems like this, but I think the lottery manager will not provide information to the public. Lottery Blockchain can indeed be a solution here, I support this kind of lottery where everyone can transparently the lottery results without corruption and everything is stored without manipulation in the blockchain. The problem is that there are still a few who accept it, but for those who don't want to be victims of corruption, they will definitely choose this. Though blockchain lottery is still far from this country, there are already lotteries running via blockchain. And yes it is right, private or public operated lottery, corruption will always be there. Blockchain technology will address such transparency of this type of gambling. But I wonder if government officials will support this tech as they don't have milking cow in this situation. But for the benefit of the people patronizing this gambling and the people who are getting aid by this institution, I guess the government should seriously consider integrating blockchain within the system.
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TheCoinGrabber
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August 01, 2019, 02:29:42 PM |
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Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted.. Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019Your thoughts I don't even know there are private lotteries. I expect that the government tries to maintain a monopoly on it since it's a big cash cow. I would prefer that the lottery be operated by the government. If it's private then the amount of money the state gets from it would be much smaller. I saw in a vid somewhere that most of the income PCSO gets from lotto actually goes into charity and that the money that goes into operation cost is only less than a quarter of that income. That's a lot of healthcare money the government don't have to pull out of income tax, etc. There needs to be proper accounting though, when dealing with such large amounts of money it's inevitable that some would get pocketed away. I hope everyone operators would adopt with that as that would surely give real transparency to millions of people betting their money in lottery. Philippine Lottery is just like this - https://www.youtube.com/watch?v=wa2qj4EStyIThey are still employing an old school way of drawing the winning combination, and that kind of way games can easily be rigged with inside job. Well, it could be better. There should be other ways of getting the winning combination. I just want the lottery to still be "active" where bettor selects his own combination rather than just buying a card that have a combination preprinted on it.
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fortunecrypto
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August 01, 2019, 02:38:58 PM |
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I still prefer the government run lottery, they will just have to pick the right and honest people to run the lottery if they are being handled by the government, they can see the profits and allocate the profits for the people's welfare like what they have done until the president suspend the operation.
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jakoylantern
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August 01, 2019, 04:27:24 PM |
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Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted.. Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019Your thoughts For me, its much better of a government sector runs a lottery because it's much legal, safer, and trusted. But what will happen to the taxes? I think the president wants to know and would like to stop the modus of the corrupt government employee, so his action is to suspend the operation and apprehend the corrupt. But if a private will run a lottery, it's like a legal casino, so it will depend on the people which they think is much better
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akram143
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August 01, 2019, 06:36:45 PM |
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Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted.. Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019Your thoughts I think the lotteries are always going on so banning the lotteries is not good from the government if they are also doing it it will not affect anything it will be income for the government also so that the government can do anything better than the private companies in lotteries.
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monalia
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August 01, 2019, 06:46:05 PM |
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Lottery is also comes under gambling filed only we as a government should not take lottery kind of things in hand. It will makes the citizen to think and believe gambling is one of the earnings and people may loose more money. Better side, government should be lottery business in any country for its goodness.
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emberbekas
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August 01, 2019, 07:19:26 PM |
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Lottery run by government would be better I think, since the money its generated can be used for many other good things which for sure can increase the development on some aspects. Long time ago, when the lottery still allowed here in my country, I can feel the impact. But unfortunately, because of the many people who aren't happy with this type of game (gambling), the government had to stop it!
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FanEagle
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August 01, 2019, 07:47:54 PM |
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The government would be the best choice if you want the lottery to be more transparent since there are some problems that would rise up if another private sector would own a lottery. Some people might think a monopoly if another company owns it because we all know how much money does a lottery owns just by looking at the said jackpot prizes.
I think if we were truly to look into transparency then government is not the best to do this, I am not saying that private sectors are free from corruption but cannot be compared to the level of corruption in the government. And talking about monopoly, I think it’s not possible with lottery since it requires very capable hands to handle this and most times, they are more like charitable organizations and everyone understands this I believe it’s unconstitutional for government to handle lotteries and also there are so many reasons why government cannot handle lotteries since they consider gambling activities and lottery is also related to this. So in my opinion, lotteries have also been better handled by private and its best it remains that ways
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nydiacaskey01
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August 01, 2019, 11:43:40 PM |
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Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted.. Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019Your thoughts There will be no difference if its run by the Government or by a Private company. Imagine if you put the same Juan the corrupt in same position in the private company. That same Juan will do the same. Even if you put a religious or a God fearing man in the position if greed starts to kick in, he will turn into a Juan the corrupt in no time. Its the attitude or character of the person in the position that will make the difference and the institution.
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roosbit
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August 01, 2019, 11:55:52 PM |
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Not sure about how government lotteries are run and paid out but I remember having a chat with someone and was told you don't get paid the full amount when you win...I could be miss informed but it makes sense to withhold the cash but hey private lotteries are better because you certainly get your winnings without any external factors being considered.
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Japinat
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August 02, 2019, 02:16:59 AM |
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Not sure about how government lotteries are run and paid out but I remember having a chat with someone and was told you don't get paid the full amount when you win...I could be miss informed but it makes sense to withhold the cash but hey private lotteries are better because you certainly get your winnings without any external factors being considered.
Government lottery are tax free and I don't think they will not release your whole winnings, maybe you are referring to private lottery and I think with that, they violated the law. Government are safer than private as we can ensure that the government has enough funds to pay the winner/s.
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coin-investor
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August 02, 2019, 02:42:30 AM |
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I prefer the government run, they own everything here, all they need are people who are honest and transparent, it's a good source of revenue for the government, instead of a private company making millions, they can use that million to add revenue to fund the government projects, in the Philippines they funded many hospital and charity homes, so it should stay in the government.
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