Johnzky
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August 06, 2019, 05:06:53 PM |
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People want to spend minimum to get the maximum result, so some people choose lottery although they know that the chance of winning is really small, lottery consider one the worst game to play due to the low odds to win, but when some people win and become headline news there will be some people become jealous and want to win
And also maybe that’s why Lottery is the most choice of people because this is the first Legal gambling in many countries and the first gambling also that supported by governments.so people tend to follow the rules and become part of their daily living,and besides this is also the cheapest form of gambling
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dunfida
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August 06, 2019, 05:38:11 PM |
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So I guess the main reason is greed... people want to invest as little as possible and get as much as possible in the shortest possible time... that's kinda discusting! Put some freaking effort damn it! No wonder that even people who win a lottery won't become more happy, their whole mindset is wrong and they should work on that first instead of thinking money will solve all their problems.
I agree. It is definitely greed. People these days would love to do anything to earn lots of money even if they risk almost everything they have. They want to earn fast and easy. It is true that you invest a little betting in lottery but also there's a little possibility to win. So it's not being wise at all. As long as they don't win or never satisfied with their lottery winnings, they will never stop trying. Just imagine the money they lost from it. That's why people should not always choose lottery to invest their money in but also try to do other useful ways for them to earn money. Greed is indeed one of the primary reasons why people do really love to bet up on lotteries in spite of the odds of winning.We cant really blame everyone yet its part of human nature to seek up things that can give them such life-changing opportunities.We know on how much these lottery winnings can give out that chance to live out like a king of hitting the jackpot this is why some people just bet and just hoping and praying even if they would need to bet like forever. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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jrrsparkles
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August 06, 2019, 05:44:23 PM |
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Biggest rewards in gambling industry comes from lottery even it could be in millions so everyone who wishes to change their financial life keep playing lotteries.But the reality of winning in lottery is extremely low even in our life time it may not happen even if we keep playing everyday.
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Naida_BR
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August 06, 2019, 07:11:25 PM |
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So I've been wondering a lot time now why some people choose to play lottery which is made in such a way that it's statistically impossible to win and not any other game that gives about 49% chance to win? In online crypto-gambling there are a lot of such services. Personally I'd advice against gambling overall (ye I know I wear a gambling signature at the moment!) but if someone insists on playing something without thinking or using skills, then why not buy a random stock? That'd give them 50% chance to win and with some research they could increase this chance. I found this nice video a day ago, it tells the truth about lotteries in a funny way: https://www.youtube.com/watch?v=9PSWTDhHGt4A very good point is made at 2:55 about the probabilities Also at 4:07 they lottery in comparison with gambling and stock market in a funny way... "we take away all the skill of blackjack or poker just to make sure we have the best chance of getting your money"! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Lottery is the game that can bring high profits that would be life changing. Of course the possibility of winning is the least of any other gambling game, yet people believe that they are going to be the winners and they prefer lottery over other gambling games with lower profit margin.
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vintages
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August 07, 2019, 01:53:56 PM |
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Each has their own advantages but I think there are way lesser chances in wining in lottery than in gambling because its more of guessing/probability. Though with lottery, you don't have to formulate nor master winning strategies unlike in slots or casinos gambling. Playing the lottery may require little money but once the player wins its more likely to be big. It all about what works best for the player and the willingness to stick to it.
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Best Dreams
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August 07, 2019, 07:45:05 PM |
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This how people think.
If you say 1/10 individuals has a probability to have an HIV then then will say they impossibly be the one but if you say there are 292 million odds of winning a powel ball, they will say they have the chance.
Who else doesnt want betting a dollar and winning millions of it after?
With each lose these are chances of making profit so the same way with each profit some chances of lose as well. But if we will pay our money only at lucky things I am sure it will increase my earning. I like to put money in two things one is crypto betting and the other one is purchasing lottery tickets as both are good and safe.
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nydiacaskey01
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August 07, 2019, 11:48:42 PM Last edit: August 08, 2019, 10:04:32 PM by nydiacaskey01 |
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Here in my country, lotteries are run by the government and proceeds are used in various projects and most specially helping those who are in need like for hospitalization. So if I did not win, at least the money will be spent in helping people. It's just sad that lately there were news that portion of that money are going to that pockets of politicians and not to where its intended purposes.
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ryzaadit
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August 07, 2019, 11:53:35 PM |
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You can win big money with only a few tickets. Example like me, I play the lottery at LOTEO and This day, I win some LOTEU from APOLLO.
You can check my name "claywtf" at APOLLO 11, If don't believe. It's quite fun, because only using a few tickets and their draw system using how many tickets you used instance using a number lottery. Also, their system using RNG system to draw the lottery.
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STT
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August 07, 2019, 11:59:41 PM Last edit: August 08, 2019, 12:22:37 AM by STT |
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Lotterys give the biggest prizes, simplest answer of all. If you are on a slot machine, you bound up in time and effort and no further ahead quite easily because its all managed to occupy and entertain rather then return that result of riches for you. Lottery - you only have to be lucky once. Slot machine I'm going end up tired as a dog even if I got rich because I'm pulling that bandit handle many times to get there.
A lottery is entirely simple and straightforward and everybody knows what they are getting. I'm not arguing its the best odds, it isnt but in terms of both effort expended and time occupied to place the bet it really is the least cost to take part in. Thats all many want, a dream of more.
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Janation
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August 08, 2019, 12:05:45 AM |
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Here in my country, lotteries are run by the government and proceeds are used in various projects and most specialy helping those who are in need like for hospitalization. So if I did not win, at least the money will be spent in helping people.
I remember my aunt's cousin defending himself about this addiction. He is also putting his money into the lottery, buying tickets and depending on the numbers he is putting for almost 3 years. When we asked about his addiction, he never admits to it but this is his answer when we asked him why he's still betting. I also think that he wants to earn a million out of that small digit, I mean, yeah, who would not want that but the thing is that in the long run, that small digit if saved is a great help.
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darewaller
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August 08, 2019, 01:31:57 AM |
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It is definitely greed. People these days would love to do anything to earn lots of money even if they risk almost everything they have. They want to earn fast and easy.
It is true that you invest a little betting in lottery but also there's a little possibility to win. So it's not being wise at all. As long as they don't win or never satisfied with their lottery winnings, they will never stop trying. Just imagine the money they lost from it.
That's why people should not always choose lottery to invest their money in but also try to do other useful ways for them to earn money.
I don’t think you are completely right on this bro. Lottery even gives better opportunity to have other investments because in most cases the money for lottery is usually very small compared to other types of gambling’s that takes more money. Its true that the chances of winning in lottery can be slim but when lucky to win, its as well always huge so I consider it worthy to play and I believe this is the reason so many players choose lottery as well. I can vividly recall an old friend that won about $200,000 simply by playing with less than $20 it was huge, we were only returning from school when he saw where the lottery ticket was been sold, and the most painful side of the story was that my friend had no money on him, so he convinced me to try but because I was too scared, I then borrowed him the money to play, lol and behold, he won on that fateful that and immediately, he had a change of status.
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LogitechMouse
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August 08, 2019, 03:04:02 AM |
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why not ? lottery always known to have a high prize pool . that would be millions and billions whilst other kind of gambling games only have a limited set of prize . thier max would only be 1 btc or it could rise up to 5 btc if the gambling site is huge and have alot of funds or sponsors .
Yes lottery has a high prize pool because the chances of winning is very very low and because of the high prize pool, many are hoping that they will get it so most of the gamblers are putting their money into lottery. but , this would not mean that regular gambling games are bad but infact they got the most players as when compare to lottery players because lottery is almost impossible to win .
Its almost impossible but the fact that the prize is very high compare to other gambling games, this attracts the gamblers to put their money into lottery ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) .
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imstillthebest
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August 08, 2019, 04:15:18 AM |
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Lottery even gives better opportunity to have other investments because in most cases the money for lottery is usually very small compared to other types of gambling’s that takes more money.
you mean the tickets cost less compare to other games ? the standard lottery ticket on our place is at .50 usd but there are also different lottery games and the tickets can cost higher . on the other hand there are also gambling games that you can bet cheaper than that . Its true that the chances of winning in lottery can be slim but when lucky to win, its as well always huge so I consider it worthy to play and I believe this is the reason so many players choose lottery as well.
you said that winning on a lottery is hard so why would people chose it ? they could rather play more on winnable games . there are tons of different casino games and gambling games that we can play out there and they are more fun than a plain lotto so why not try them ?
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RivAngE (OP)
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August 08, 2019, 07:15:22 AM |
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Lottery even gives better opportunity to have other investments because in most cases the money for lottery is usually very small compared to other types of gambling’s that takes more money.
you mean the tickets cost less compare to other games ? the standard lottery ticket on our place is at .50 usd but there are also different lottery games and the tickets can cost higher . on the other hand there are also gambling games that you can bet cheaper than that . Its true that the chances of winning in lottery can be slim but when lucky to win, its as well always huge so I consider it worthy to play and I believe this is the reason so many players choose lottery as well.
you said that winning on a lottery is hard so why would people chose it ? they could rather play more on winnable games . there are tons of different casino games and gambling games that we can play out there and they are more fun than a plain lotto so why not try them ? It seems that we're living in a sad world where many people (after all) are thinking how spending a penny today could make them a fortune TOMORROW! The fact that they'll have spent thousands of $/€ in just one year and it's still 5000 times more likely that they'd be hit by a lighting eludes them...
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Malsetid
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August 08, 2019, 08:54:25 AM |
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Lottery even gives better opportunity to have other investments because in most cases the money for lottery is usually very small compared to other types of gambling’s that takes more money.
you mean the tickets cost less compare to other games ? the standard lottery ticket on our place is at .50 usd but there are also different lottery games and the tickets can cost higher . on the other hand there are also gambling games that you can bet cheaper than that . Its true that the chances of winning in lottery can be slim but when lucky to win, its as well always huge so I consider it worthy to play and I believe this is the reason so many players choose lottery as well.
you said that winning on a lottery is hard so why would people chose it ? they could rather play more on winnable games . there are tons of different casino games and gambling games that we can play out there and they are more fun than a plain lotto so why not try them ? It seems that we're living in a sad world where many people (after all) are thinking how spending a penny today could make them a fortune TOMORROW! The fact that they'll have spent thousands of $/€ in just one year and it's still 5000 times more likely that they'd be hit by a lighting eludes them... Lol. Quite accurate. Though it's their money anyway. And compared to other gambling types, lottery doesn't take up a lot of your time. Place a bet, wait for the result. It's one type of gambling that doesn't have much chance of getting someone addicted. Again, it's just to compare it with other forms of gambling.
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TheCoinGrabber
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August 08, 2019, 03:05:46 PM |
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Maybe coz lottery was considered "safe" with a very large possible prize. Even the poorest can walk up to an outlet and make a bet. Gambling online require a little more effort so I guess we can understand why some people just can't do it, especially those even without smartphones.
These people would do some other gambling though, like Bingo.
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bitgolden
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August 08, 2019, 03:40:13 PM |
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People like to chase the big jackpots that a lottery provides even though the odds are a lot lower overall compared to blackjack. Also many lotteries are used to fund government programs like the public education system.
I am very sure that over 70% of lottery players are not even aware that it sometimes used to fund government programs. What matters most to players is what they stand to gain and the reason like you have clearly stated is because of big jackpot which requires more money to win in other gambling . I have come to realize that gamblers do not play games that can easily be won but games that are cheap with hope of winning even though it’s pure luck based, it is also the same thing with coins used in purchasing, in recent the number of gamblers using dogecoin is much higher than gamblers using Bitcoin and other crypto currencies in gambling, so there would be no wonder why people are choosing lottery as it is always cheaper compared to any other gambling types.
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jhongzjhong
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August 08, 2019, 06:05:28 PM |
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Maybe coz lottery was considered "safe" with a very large possible prize. Even the poorest can walk up to an outlet and make a bet. Gambling online require a little more effort so I guess we can understand why some people just can't do it, especially those even without smartphones.
These people would do some other gambling though, like Bingo.
Safe? In what way they are safe in lottery gambling? Or in this reason, people keep gamble in the lottery because they want an instant rich if ever they hit the jackpot prize (which is 1% will become possible) that usually is a big amount in the prize pool. Yes, tickets are affordable to purchase even those people lack in budget keep in hoping they will win in the lottery. The fact that usually, people who bought tickets in the lottery are poor or what we say even out of budget but still wanted to risk their money even though that is a budget for their family.
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Oilacris
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August 08, 2019, 06:11:26 PM |
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Maybe coz lottery was considered "safe" with a very large possible prize. Even the poorest can walk up to an outlet and make a bet. Gambling online require a little more effort so I guess we can understand why some people just can't do it, especially those even without smartphones.
These people would do some other gambling though, like Bingo.
Safe? In what way they are safe in lottery gambling? Or in this reason, people keep gamble in the lottery because they want an instant rich if ever they hit the jackpot prize (which is 1% will become possible) that usually is a big amount in the prize pool. Yes, tickets are affordable to purchase even those people lack in budget keep in hoping they will win in the lottery. The fact that usually, people who bought tickets in the lottery are poor or what we say even out of budget but still wanted to risk their money even though that is a budget for their family. We cant say that those who bought lottery tickets are poor but I do also believe that majority of them is on that state.Hoping for instant rich is one of the primary reason why people do chose to bet or buy tickets even the odds is low.It might not cost too much but if you do tend to accumulate all of the amount you had spend on tickets then you would realize that its much better if they had just save those money all along since from the beginning.
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shield132
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August 08, 2019, 08:36:36 PM |
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So I've been wondering a lot time now why some people choose to play lottery which is made in such a way that it's statistically impossible to win and not any other game that gives about 49% chance to win? In online crypto-gambling there are a lot of such services. Personally I'd advice against gambling overall (ye I know I wear a gambling signature at the moment!) but if someone insists on playing something without thinking or using skills, then why not buy a random stock? That'd give them 50% chance to win and with some research they could increase this chance. I found this nice video a day ago, it tells the truth about lotteries in a funny way: https://www.youtube.com/watch?v=9PSWTDhHGt4A very good point is made at 2:55 about the probabilities Also at 4:07 they lottery in comparison with gambling and stock market in a funny way... "we take away all the skill of blackjack or poker just to make sure we have the best chance of getting your money"! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Lottery gives you possibility to win millions with some bucks but consider, it gives you possibility which is very, very unlikely to happen. This hopes turns people to choose Lottery instead of other games. But at the same time casinos don't have good name in society, people don't like when others gamble and look them in different way but when you play lottery, people look you in normal way, for some society plays a role there too.
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