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Author Topic: Why Choose Lottery Instead Of Anything Else?  (Read 7577 times)
Best Dreams
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September 29, 2019, 08:47:25 PM
 #261

The simplest reason I can think of is that lottery requires small amount of bet yet high return, it even simple to play. The small bet is the more people would play the game simply because anyone can afforf it and others only plays the amount they can afford to lose. However, you really need a huge amount of luck just for you to win.

Whats the purpose and use of small bet when you cannot gain anything from it. Apart from the few exceptional cases, i never seen anyone wining a lottery. It is like that you invest something in which you know there are only 1% chances of wining. If you are a part time gambler, only then you can choose to try your luck with lottery otherwise you should avoid it.

So from your logic, there is also no good in taking insurance policy. Only 0.2-0.25% people actually claim insurance money, rest of the premium goes unused. But still taking insurance policy provides safety against unforeseen circumstances.
Similarly, lottery can also turn someone future without denting wallet much. Imagine buying $1 lottery ticket and winning $100K! I won't regred spending such $1 even though winning probability is just 0.001%.
Recently i saw a case in my family he invested all his amount in buying a lottery ticket but he lost amount after selling it after watching him being poor I lost hope in lottery but as we know different people have different luck. We should try our luck maybe we could win I you have chances even to win small.
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September 30, 2019, 09:47:36 PM
 #262

Most who chose lottery are those in need, poor, aging and their last hope is only lottery to atleast have a better living. In a 3rd world country, not all know how to use smartphone or computer and how come they will have a knowledge about crypto if even using gadgets is they don't know. Also lottery is completely legal in the eye of authority. Crypto gambling is only for people known to be as gamblers. Pros of it, for example in dice you have a better chances in winning the highest payout than winning in lottery. However, the cons of it, is you're going to be addicted.
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October 04, 2019, 03:19:52 AM
 #263

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=9PSWTDhHGt4

A 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
The reason why people chose to play lottery than any gambling games because of low stake and high rewards, that is why there are low chances for you to lose a huge amount of profit in lottery. But for me, i don't usually play lottery because it doesn't gives me any thrill, that is why i only play poker and baccarat that gives me excitement and thrill in gambling.
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October 04, 2019, 12:33:16 PM
 #264

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=9PSWTDhHGt4

A 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

It is because even though the chances are very slim, the possible jackpot price is large enough to get the interest of the people. You never know when people are feeling lucky, they can get that jackpot even in the first try. Regardless how small the chances are, if the price in the end of the tunnel is worth the time, effort and money, people will not stop until they obtain it.

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October 04, 2019, 12:59:31 PM
 #265

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=9PSWTDhHGt4

A 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

Lottery is a unique game if you ask me. The rules are simple, just beat the odds and win the price. You can play it several times but the cost will pile up and there is no guaranteed that you will win next time. But what encourages people to continue playing lottery is the great reward they will get. Imagining that your one-digit bet can make a million worth of money is what makes people love lottery.
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October 04, 2019, 01:09:36 PM
 #266

Lottery is a unique game if you ask me. The rules are simple, just beat the odds and win the price.
when you said unique i agree with that . unique in terms of odds because the odds of lottery are too much and it makes it hard to win on this game  . the rules are simple but it isnt about beating odds , rules are meant on how to play the game (ex. getting a stab and filling the number of your choise )

Quote
You can play it several times but the cost will pile up and there is no guaranteed that you will win next time. But what encourages people to continue playing lottery is the great reward they will get. Imagining that your one-digit bet can make a million worth of money is what makes people love lottery.
lottery is not one digit bet but it consist of many numbers  , its 16 numbers at most ( standard lotto game )  . you cant say that the cost will pile up , what if your just lucky and you only spend a little but you won the jackpot .
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October 04, 2019, 04:58:57 PM
 #267

Lottery is a unique game if you ask me. The rules are simple, just beat the odds and win the price. You can play it several times but the cost will pile up and there is no guaranteed that you will win next time. But what encourages people to continue playing lottery is the great reward they will get. Imagining that your one-digit bet can make a million worth of money is what makes people love lottery.

The way you explain it, it's like saying "it's for stupid people who can't think!", I can't say I totally disagree with that though! Roll Eyes
I understand the point people who play often make though: "I know it's extremely unlikely that I'll win, but I spend only a few cents sometimes".
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October 05, 2019, 08:13:37 AM
 #268

Lottery is a unique game if you ask me. The rules are simple, just beat the odds and win the price. You can play it several times but the cost will pile up and there is no guaranteed that you will win next time. But what encourages people to continue playing lottery is the great reward they will get. Imagining that your one-digit bet can make a million worth of money is what makes people love lottery.
Its the most simple gambling game I think but it is the least number of percentage of winnings and that makes it unique compare to other gambling games. One more is that, you don't need skills to bet in lottery. You just need numbers and money then you're good to go. The huge reward in lotteries makes it attractive to gamblers that is why many are still betting on it even they know that the chances of them to win is close to zero.

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leea-1334
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October 05, 2019, 05:15:23 PM
 #269

Most who chose lottery are those in need, poor, aging and their last hope is only lottery to atleast have a better living. In a 3rd world country, not all know how to use smartphone or computer and how come they will have a knowledge about crypto if even using gadgets is they don't know. Also lottery is completely legal in the eye of authority. Crypto gambling is only for people known to be as gamblers. Pros of it, for example in dice you have a better chances in winning the highest payout than winning in lottery. However, the cons of it, is you're going to be addicted.

Sorry but all the guys I know who but lottery tickets are not poor, not old and not having a last hope. They are like me, we all like to gamble, but we just put aside a small amount of money so we have enough in our pool to buy a whole system of numbers every month. One day if we win we share the whole pool. Just a small dream we all know will probably never happen.

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October 05, 2019, 06:33:22 PM
 #270

Most who chose lottery are those in need, poor, aging and their last hope is only lottery to atleast have a better living. In a 3rd world country, not all know how to use smartphone or computer and how come they will have a knowledge about crypto if even using gadgets is they don't know. Also lottery is completely legal in the eye of authority. Crypto gambling is only for people known to be as gamblers. Pros of it, for example in dice you have a better chances in winning the highest payout than winning in lottery. However, the cons of it, is you're going to be addicted.

Sorry but all the guys I know who but lottery tickets are not poor, not old and not having a last hope. They are like me, we all like to gamble, but we just put aside a small amount of money so we have enough in our pool to buy a whole system of numbers every month. One day if we win we share the whole pool. Just a small dream we all know will probably never happen.
Well, just like a dream is right. Because the percentage of chances in winning is very small. Even let say 1% is lower than that, there's no assurance of chances in winning. I personally don't gamble in the lottery even the tickets are too cheap to buy. Your odds a less chance to hit the jackpot. Indeed, I don't know why there are still people keep buying tickets on the lottery, maybe they are dreaming too. A quick rich and instant millionaire.









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October 05, 2019, 06:47:42 PM
 #271

Most who chose lottery are those in need, poor, aging and their last hope is only lottery to atleast have a better living. In a 3rd world country, not all know how to use smartphone or computer and how come they will have a knowledge about crypto if even using gadgets is they don't know. Also lottery is completely legal in the eye of authority. Crypto gambling is only for people known to be as gamblers. Pros of it, for example in dice you have a better chances in winning the highest payout than winning in lottery. However, the cons of it, is you're going to be addicted.

Sorry but all the guys I know who but lottery tickets are not poor, not old and not having a last hope. They are like me, we all like to gamble, but we just put aside a small amount of money so we have enough in our pool to buy a whole system of numbers every month. One day if we win we share the whole pool. Just a small dream we all know will probably never happen.

I know right! where did he get that people who choose lottery are either "poor, aging and their last hope is only lottery" that is a bunch of BS since you and I are a testament that it isn't.
lottery for me is like a side hobby where you can get huge amount of money even if the possibility of winning is almost to none. I play lottery not because I am desperate or poor or old but
because it is easy and quick unlike other gambling games.

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October 06, 2019, 05:34:07 AM
 #272

Lottery is a unique game if you ask me. The rules are simple, just beat the odds and win the price. You can play it several times but the cost will pile up and there is no guaranteed that you will win next time. But what encourages people to continue playing lottery is the great reward they will get. Imagining that your one-digit bet can make a million worth of money is what makes people love lottery.

The way you explain it, it's like saying "it's for stupid people who can't think!", I can't say I totally disagree with that though! Roll Eyes
I understand the point people who play often make though: "I know it's extremely unlikely that I'll win, but I spend only a few cents sometimes".

Stories like these are what encourage people more to do the lottery. Although the chances of winning are like one in a million, the reward is definitely attractive to make someone bet continuously and consistently. The lottery is not the problem but the addiction that comes with it. There are others who sacrifice their resources to gamble, prejudicing their priorities in their family or at work.


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October 06, 2019, 12:42:05 PM
 #273

Stories like these are what encourage people more to do the lottery. Although the chances of winning are like one in a million, the reward is definitely attractive to make someone bet continuously and consistently. The lottery is not the problem but the addiction that comes with it. There are others who sacrifice their resources to gamble, prejudicing their priorities in their family or at work.
It is somewhat weird for me that many people are still gambling in lottery even they know already that their chances of winning is very close to zero. Yes the reward makes it attractive but the question is do you have enough money to get it? Some who are addicted to gambling will borrow some money from their companions just to gamble which is very bad Sad.

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October 06, 2019, 01:02:19 PM
 #274

Stories like these are what encourage people more to do the lottery. Although the chances of winning are like one in a million, the reward is definitely attractive to make someone bet continuously and consistently. The lottery is not the problem but the addiction that comes with it. There are others who sacrifice their resources to gamble, prejudicing their priorities in their family or at work.
It is somewhat weird for me that many people are still gambling in lottery even they know already that their chances of winning is very close to zero. Yes the reward makes it attractive but the question is do you have enough money to get it? Some who are addicted to gambling will borrow some money from their companions just to gamble which is very bad Sad.

This is sad but it is true.

I've experienced this in the past.

Lotteries are not that cheap but also, the money you are spending, in the long run, can really make you regret that you spend that much money into gambling. I just hope a lot of people would realize this.
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October 06, 2019, 01:13:09 PM
 #275

Stories like these are what encourage people more to do the lottery. Although the chances of winning are like one in a million, the reward is definitely attractive to make someone bet continuously and consistently. The lottery is not the problem but the addiction that comes with it. There are others who sacrifice their resources to gamble, prejudicing their priorities in their family or at work.
It is somewhat weird for me that many people are still gambling in lottery even they know already that their chances of winning is very close to zero.
Well that’s the tradition old timers used to do so who are we to stop them?anyway this is their way of enjoying gambling,most of the people that loves to buy lottery tickets are those people that don’t play other gambling games instead they are contented in their habitual betting for lottery
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Yes the reward makes it attractive but the question is do you have enough money to get it?
You don’t need billions to buy tickets in lottery and besides one combination is enough for most of them and not looking for many numbers
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Some who are addicted to gambling will borrow some money from their companions just to gamble which is very bad Sad.
In my age now?i never heard a Lottery bettors that asked money from companions since it’s very cheap ticket in my place can or combination of bet only cost you 3/4 a dollar so why need to ask for a friend?









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October 06, 2019, 01:21:33 PM
 #276

Because why not? It is a great risk and for as we know just like cryptocurrency with bigger risks, the bigger the money you could get. And lottery is a classic way of winning ever since it was established. Many people are still taking the risk in joining lotteries. And many people changed their lives because of winning a lottery.




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October 06, 2019, 01:52:52 PM
 #277

Because why not? It is a great risk and for as we know just like cryptocurrency with bigger risks, the bigger the money you could get. And lottery is a classic way of winning ever since it was established. Many people are still taking the risk in joining lotteries. And many people changed their lives because of winning a lottery.
and only takes your couple of bucks to bet and have your number combinations{unless you use computer automated combo it may cost higher}
not like other betting games that you need to focus spend lot of time and money,in lottery you only need to bet in the morning and wait till afternoon for the result of winning numbers,isnt it cool than playing poker and dice?

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October 06, 2019, 02:58:53 PM
 #278

Because why not? It is a great risk and for as we know just like cryptocurrency with bigger risks, the bigger the money you could get. And lottery is a classic way of winning ever since it was established. Many people are still taking the risk in joining lotteries. And many people changed their lives because of winning a lottery.
and only takes your couple of bucks to bet and have your number combinations{unless you use computer automated combo it may cost higher}
not like other betting games that you need to focus spend lot of time and money,in lottery you only need to bet in the morning and wait till afternoon for the result of winning numbers,isnt it cool than playing poker and dice?

That is why lottery games were so popular among people, especially for offline lottery games. Sometimes we see people buy so many tickets with a couple of bucks, and they wait for the ticket which will comes out. Yes, the lottery game was attractive, but the dice game was also popular on the internet and not just in real life. So perhaps, those types of gambling games still have many fans, and they will always place the bet if they have money and time to gamble. But to win that both games will be difficult so you cannot expect to win a lot of money.

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October 06, 2019, 03:23:52 PM
 #279

Stories like these are what encourage people more to do the lottery. Although the chances of winning are like one in a million, the reward is definitely attractive to make someone bet continuously and consistently. The lottery is not the problem but the addiction that comes with it. There are others who sacrifice their resources to gamble, prejudicing their priorities in their family or at work.
It is somewhat weird for me that many people are still gambling in lottery even they know already that their chances of winning is very close to zero. Yes the reward makes it attractive but the question is do you have enough money to get it? Some who are addicted to gambling will borrow some money from their companions just to gamble which is very bad Sad.

This is sad but it is true.

I've experienced this in the past.

Lotteries are not that cheap but also, the money you are spending, in the long run, can really make you regret that you spend that much money into gambling. I just hope a lot of people would realize this.
Then don't count it all lol , can you imagine if you count the cost of your daily foods since you born? Or at least count how much it cost if you save the money that you spend on foods since 5 years ago?
Let's say $20 daily x 30 = $600 monthly!
$600 x 60 months = $36,000! You have spent $36,000 in the last 5 years for your foods.

if you count things like this then yeah it would always looks  like a huge amount but come on! You can't really do this. If you have spend the money on whatever it is especially gambling... don't think too much , if you lost it .. move on! With this way spending money looking for luck in lottery would becone much better entertainment.

There's shouldn't be any regret , it could be your boomerang to attack you back.

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October 06, 2019, 06:58:47 PM
 #280

Lottery is a unique game if you ask me. The rules are simple, just beat the odds and win the price. You can play it several times but the cost will pile up and there is no guaranteed that you will win next time. But what encourages people to continue playing lottery is the great reward they will get. Imagining that your one-digit bet can make a million worth of money is what makes people love lottery.
Its the most simple gambling game I think but it is the least number of percentage of winnings and that makes it unique compare to other gambling games. One more is that, you don't need skills to bet in lottery. You just need numbers and money then you're good to go. The huge reward in lotteries makes it attractive to gamblers that is why many are still betting on it even they know that the chances of them to win is close to zero.
Yes lottery attract so many people every year they use to get profit from it that’s why yearly increase in number of lottery investor is increasing. I am sure after few years lottery will gain more investor than other investors. Buying lottery is not hard you only have to invest your money and get a ticket then wait for your luck.
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