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Author Topic: Lotteries and possibility vs. probability  (Read 5834 times)
Porfirii (OP)
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December 25, 2023, 12:31:43 PM
 #861

The other day (22nd of December) the Christmas lottery draw was held in Spain and during the morning all the country was attentive to the results. In my case there was no luck (not even money back) but those lucky enough got 400k eur per ticket, enough to change most people's life. According to official numbers, more than 75% of the Spaniards play every year.

The chances to win are much higher than in other lotteries: 0.001%, but the ticket costs 20€. Is there something similar in your countries?

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December 27, 2023, 02:52:54 PM
 #862

The other day (22nd of December) the Christmas lottery draw was held in Spain and during the morning all the country was attentive to the results. In my case there was no luck (not even money back) but those lucky enough got 400k eur per ticket, enough to change most people's life. According to official numbers, more than 75% of the Spaniards play every year.

The chances to win are much higher than in other lotteries: 0.001%, but the ticket costs 20€. Is there something similar in your countries?
Christmas is one of the days that can be used as fun day or is eagerly awaited by everyone, especially those who celebrate it, even several platforms, whether for gambling or even crypto trading, use Christmas to give out various bonuses and also carry out promotions.
I don't know about the lottery held in Spain, but reading what you said it seems quite interesting and of course for anyone who is lucky and gets return of 400k eur per ticket.
This is fairly decent return and cannot be obtained on normal day, of course most of the Spanish population who like to gamble will follow and buy tickets for this annual lottery.

If only several gambling platforms implemented the same thing, maybe this would be quite interesting and of course most gamblers would follow it because this is an annual agenda or event that is really fun.

In my own country, gambling is something that is prohibited and regulated by law, but there are still many local sites that are protected by certain people who have power because of taxes that are given personally in quite large amounts.
There are still some betting shops selling lotteries but there is no annual event like there is in Spain.

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December 28, 2023, 04:04:51 AM
 #863

Now, from the mistakes and negligence of parents, these children could potentially become generation that will experience gambling addiction problems and when they become addicts it will be more difficult to stop because they have no control.
Providing an understanding of control over children is very difficult because even though parents have said and made various efforts, the child will still return to his gambling activities because of feelings of curiosity that are truly uncontrollable.
In some cases, actually bad things happen from cases of gambling addiction experienced by children who are underage or still at school. And of course we as gamblers who are also adults or even married will feel what it would be like if this condition happened to our children or our family.
So at least we ourselves can avoid all bad activities or gambling activities from all the families we have, especially for those who are still classified as underage children.

Well, that what doesn't make sense and I still think that the activity of buying lottery tickets is carried out because of their own will in an effort to fulfill their desires and curiosity about gambling, of course in the desire to buy lottery tickets.
It is shame if there are parents who involve their children in betting activities and of course there will be long-term impacts if things like this continue to be done.
But no one can stop it except themselves as parents.
Children are always curious about many things, but as parents, they should be able to choose what they are allowed to know at their age and not carelessly tell their children something that is not appropriate for them to know. Maybe if they are adults and can think about the good and bad or the benefits and not the benefits of something, parents can tell them about it. However, before they grow up, parents must continue to guide their children and not hand over the responsibility for guiding their children to other people because guidance from other people will be different if the parents themselves do it. Children will also be taught how to be responsible for many things at an early age so that children can remain responsible until they grow up. With guidance from their parents, children will not try to approach gambling because their parents have taught them that approaching gambling can have an impact on them.

If parents tell their children to buy lottery tickets, they should be embarrassed because their gambling activities are known to their children. This can arouse children's curiosity and if they already know about lottery and have their own money from their parents, they will buy their own lottery tickets at the same time as buying lottery tickets for their parents. And this will become a habit for their children, and they will also continue to buy lottery tickets. And if their children win, their parents will actually be happy and think their children are gamblers. That's not a good way for their children because they will continue to buy lottery tickets again at another opportunity.

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December 29, 2023, 06:04:09 AM
 #864

-snip-

If only several gambling platforms implemented the same thing, maybe this would be quite interesting and of course most gamblers would follow it because this is an annual agenda or event that is really fun.

In my own country, gambling is something that is prohibited and regulated by law, but there are still many local sites that are protected by certain people who have power because of taxes that are given personally in quite large amounts.
There are still some betting shops selling lotteries but there is no annual event like there is in Spain.

I'm sorry to hear that Hirose, in fact I always thought that you were from the United Kingdom and as far as I know lotteries are not prohibited in the UK. Good that you still have the places you mentioned and you can play online.

About the "Lotería de Navidad" (Christmas Lottery) it is almost a national festivity, and almost everybody at home, the office, etc. has the TV or radio switched on that morning and follow the draw live (4 hours approximately). Unfortunately I didn't win anything this year, but the excitation of the moment is worth it.

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December 30, 2023, 05:09:20 AM
 #865

~snip~
Children are always curious about many things, but as parents, they should be able to choose what they are allowed to know at their age and not carelessly tell their children something that is not appropriate for them to know. Maybe if they are adults and can think about the good and bad or the benefits and not the benefits of something, parents can tell them about it. However, before they grow up, parents must continue to guide their children and not hand over the responsibility for guiding their children to other people because guidance from other people will be different if the parents themselves do it. Children will also be taught how to be responsible for many things at an early age so that children can remain responsible until they grow up. With guidance from their parents, children will not try to approach gambling because their parents have taught them that approaching gambling can have an impact on them.

If parents tell their children to buy lottery tickets, they should be embarrassed because their gambling activities are known to their children. This can arouse children's curiosity and if they already know about lottery and have their own money from their parents, they will buy their own lottery tickets at the same time as buying lottery tickets for their parents. And this will become a habit for their children, and they will also continue to buy lottery tickets. And if their children win, their parents will actually be happy and think their children are gamblers. That's not a good way for their children because they will continue to buy lottery tickets again at another opportunity.
Well, that concern it quite shame, I gambler but I will never be able to see children who have started to be exposed to gambling from an age that is really unfit to be exposed to places or activities like gambling.
I know what it like when have child who knows and starts to learn to bet, it very sad.
I personally am quite angry with those parents who deliberately tell their children to come to betting shops and buy lottery tickets, I don't know whether it was the parents who told them or whether it was the children wishes.
But as father in the small family that I built, I really couldn't see it, watching the children out there who tried betting in any form, including the lottery.
Maybe parents who think responsibly will feel embarrassed, but in reality they as parents don't think well and let their children get to know betting more closely.

-snip-
If only several gambling platforms implemented the same thing, maybe this would be quite interesting and of course most gamblers would follow it because this is an annual agenda or event that is really fun.

In my own country, gambling is something that is prohibited and regulated by law, but there are still many local sites that are protected by certain people who have power because of taxes that are given personally in quite large amounts.
There are still some betting shops selling lotteries but there is no annual event like there is in Spain.

I'm sorry to hear that Hirose, in fact I always thought that you were from the United Kingdom and as far as I know lotteries are not prohibited in the UK. Good that you still have the places you mentioned and you can play online.

About the "Lotería de Navidad" (Christmas Lottery) it is almost a national festivity, and almost everybody at home, the office, etc. has the TV or radio switched on that morning and follow the draw live (4 hours approximately). Unfortunately I didn't win anything this year, but the excitation of the moment is worth it.
No, I don't live in Europe, but here where I live, lottery betting has been very popular for long time.
Even though it is prohibited and regulated by law, there are still some powerful individuals who protect series of lottery betting shops so that they are free from the law.
Here, lottery betting is always the same as normal days and there are no special days that can be used to hold certain events for lottery betting.
But in series of neighboring countries where I live there are already those who have official permits regarding gambling and lottery betting.
So everyone where I live plays online or buys tickets at the nearest lottery betting shop which is all centralized from neighboring countries that have permits official about gambling.

Of course it will be very interesting and see various news broadcasts every year which broadcast that there are several people who are lucky because at this celebration they got very big jackpot and managed to become millionaires.
This is truly amazing success, and of course anyone anywhere who likes gambling will really want to be able to participate in betting at every celebration like this.

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December 30, 2023, 09:18:04 AM
 #866

Well, that concern it quite shame, I gambler but I will never be able to see children who have started to be exposed to gambling from an age that is really unfit to be exposed to places or activities like gambling.
I know what it like when have child who knows and starts to learn to bet, it very sad.
I personally am quite angry with those parents who deliberately tell their children to come to betting shops and buy lottery tickets, I don't know whether it was the parents who told them or whether it was the children wishes.
But as father in the small family that I built, I really couldn't see it, watching the children out there who tried betting in any form, including the lottery.
Maybe parents who think responsibly will feel embarrassed, but in reality they as parents don't think well and let their children get to know betting more closely.
As parents, we don't want to see our children exposed to gambling at a young age because it will affect their mental health and will carry over into adulthood. It is indeed sad to see children who have started gambling because they are not yet fit for gambling and they should still be under the guidance and supervision of their parents. But this is also influenced by the condition of the surrounding environment, where if there are friends who have started gambling, there is a possibility that this will affect other children. For this reason, we as parents must be able to provide guidance, direction and supervision to our children so that they are not exposed to gambling. We as parents also have to be careful if we want to gamble. Don't let our children see it so they become curious and want to know what we are doing.

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December 30, 2023, 09:25:46 AM
 #867

Unfortunately even if the dream is small in reach it cannot be limited or prohibited. everyone somehow thinks with the very small hope of winning from the many people who place the lottery. I always thought why not be a bookie holding the money and then earning a fee from it. Compared to putting money into a lottery that is so small that I think I will almost never win, this is ridiculous. but I ask in this world, is there really a person who got the jackpot from the lottery and then he left the lottery without returning to play? he must be the luckiest person in the world.
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January 02, 2024, 01:54:30 PM
 #868

~snip~
As parents, we don't want to see our children exposed to gambling at a young age because it will affect their mental health and will carry over into adulthood. It is indeed sad to see children who have started gambling because they are not yet fit for gambling and they should still be under the guidance and supervision of their parents. But this is also influenced by the condition of the surrounding environment, where if there are friends who have started gambling, there is a possibility that this will affect other children. For this reason, we as parents must be able to provide guidance, direction and supervision to our children so that they are not exposed to gambling. We as parents also have to be careful if we want to gamble. Don't let our children see it so they become curious and want to know what we are doing.
Well, that one of the impacts of children who are addicted to gambling, as adults say, when they experience bad things such as losing streaks and so on, it can affect their mental health and of course make them unable to control themselves.
Just imagine what would happen if children who clearly don't know good from bad or don't know anything about self-control have to face mental stress caused by the effects of gambling.
It will be very dangerous, of course this will greatly affect the mind and stability of child brain development.

Today I heard quite interesting story from people who were gathered in front of the house, they are my neighbors.
They were talking about lottery bets because one of them managed to win fairly large amount of around $650, he won the lottery on 4 numbers that actually came out exactly the same.
There was one of them whose son was 16 years old and had followed what his father did, namely betting on the lottery, one of them asked what happened to his son who now often buys lottery tickets.
And there was quite surprising answer where he said that it wasn't problem, getting predicted numbers in the lottery requires complicated calculations and uses mathematics so predicting the lottery would be the same as learning science or mathematical formulas.
I was shocked and thought why parent could say something like that when they found out their child also liked lottery betting.

I think he is stupid parent and doesn't care about his child future, because maybe now he is just betting on the lottery but in the future it will definitely be much worse.

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January 03, 2024, 05:30:05 AM
 #869

Well, that one of the impacts of children who are addicted to gambling, as adults say, when they experience bad things such as losing streaks and so on, it can affect their mental health and of course make them unable to control themselves.
Just imagine what would happen if children who clearly don't know good from bad or don't know anything about self-control have to face mental stress caused by the effects of gambling.
It will be very dangerous, of course this will greatly affect the mind and stability of child brain development.

Today I heard quite interesting story from people who were gathered in front of the house, they are my neighbors.
They were talking about lottery bets because one of them managed to win fairly large amount of around $650, he won the lottery on 4 numbers that actually came out exactly the same.
There was one of them whose son was 16 years old and had followed what his father did, namely betting on the lottery, one of them asked what happened to his son who now often buys lottery tickets.
And there was quite surprising answer where he said that it wasn't problem, getting predicted numbers in the lottery requires complicated calculations and uses mathematics so predicting the lottery would be the same as learning science or mathematical formulas.
I was shocked and thought why parent could say something like that when they found out their child also liked lottery betting.

I think he is stupid parent and doesn't care about his child future, because maybe now he is just betting on the lottery but in the future it will definitely be much worse.
I have seen children who were beaten by their parents because they were upset because they lost at gambling. The children didn't know anything and were playing with their siblings, but suddenly, a child started crying because they were playing. Hence, the parents, who didn't know the real story, immediately beat their children without asking what was wrong. This is truly sad because it has happened in many communities and has caused children to face severe mental pressure due to the actions of their parents. But luckily the incident was known to his grandparents and neighbors, so the child's parents were immediately told to leave the house, saying that his grandparents could still support their children until they were adults.

And from your story, the parents look proud to know that their child also likes lottery betting and doesn't mind if their child can't win. Yes, it was surprising to see that his son also ended up liking betting on lottery bets, which is an activity that is not appropriate for children to do. But that is what happens in many communities, so it is very difficult to provide understanding to them or make them aware that children are still very vulnerable and can be mentally disturbed if they become addicted to gambling. It is best for every parent to educate and guide their children well and always pay attention to their interactions with their friends because socializing with their friends can also have a bad impact on the children's souls if they do bad things too.

Yes, he is a stupid parent who doesn't care about his children to the point of letting them play lottery bets. He should be able to prevent that from happening, and if his parents want to buy lottery tickets, they can buy them themselves without anyone knowing, and they shouldn't tell their children to buy lottery tickets.

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January 03, 2024, 05:40:41 AM
 #870

Although the chances of winning for the lottery are small, many players still buy lottery coupons because of a promise that if they win, they will get a lot of money and can make them rich in just 1 lottery coupon. lotteries in mainland America and Europe have very large prizes and rewards.
But yes, winning is very difficult, mostly just a dream for coupon buyers but certainly there are those who win the lottery so spending a little money, for example cigarette money is reduced to buy coupons, will not be burdensome.

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January 08, 2024, 05:52:24 AM
 #871

Last weekend the second greatest draw of the year was held in my country, Spain.

As I said a few weeks ago, December the 22nd 2/3 of the Spanish population play the Christmas National Lottery. But on January the 6th there is a "second chance" to win, in a lottery called "El Niño" (The Child). The greatest prize is exactly half of the prize compared to the former, but chances of winning any prize are quite bigger.

I don't think we could say that this is due to a preference for bigger prizes rather than higher probabilities, because the thrill before Christmas is higher so that's the main reason I think. But in some degree I think that it is the cause in part.

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January 08, 2024, 06:34:33 AM
 #872

~snip~
As parents, we don't want to see our children exposed to gambling at a young age because it will affect their mental health and will carry over into adulthood. It is indeed sad to see children who have started gambling because they are not yet fit for gambling and they should still be under the guidance and supervision of their parents. But this is also influenced by the condition of the surrounding environment, where if there are friends who have started gambling, there is a possibility that this will affect other children. For this reason, we as parents must be able to provide guidance, direction and supervision to our children so that they are not exposed to gambling. We as parents also have to be careful if we want to gamble. Don't let our children see it so they become curious and want to know what we are doing.
Well, that one of the impacts of children who are addicted to gambling, as adults say, when they experience bad things such as losing streaks and so on, it can affect their mental health and of course make them unable to control themselves.
Just imagine what would happen if children who clearly don't know good from bad or don't know anything about self-control have to face mental stress caused by the effects of gambling.
It will be very dangerous, of course this will greatly affect the mind and stability of child brain development.

Today I heard quite interesting story from people who were gathered in front of the house, they are my neighbors.
They were talking about lottery bets because one of them managed to win fairly large amount of around $650, he won the lottery on 4 numbers that actually came out exactly the same.
There was one of them whose son was 16 years old and had followed what his father did, namely betting on the lottery, one of them asked what happened to his son who now often buys lottery tickets.
And there was quite surprising answer where he said that it wasn't problem, getting predicted numbers in the lottery requires complicated calculations and uses mathematics so predicting the lottery would be the same as learning science or mathematical formulas.
I was shocked and thought why parent could say something like that when they found out their child also liked lottery betting.

I think he is stupid parent and doesn't care about his child future, because maybe now he is just betting on the lottery but in the future it will definitely be much worse.
The odds of winning the lottery are so slim that some people are likely in debt or are looking for someone to lend them money even though they are unable to purchase basic needs. This is because they have become devastated and have developed a delusional belief that they will win the lottery, even though their chances of winning are only 1% out of billions of people who participated in the lottery.

However, as you guys pointed out, parents serve as their children's primary role models. Therefore, it makes sense that if a parent starts boasting about his winnings to a friend, the child will hear about it, become inspired by his father, and perhaps even want to imitate him. Which is unfortunate, I suppose, as his son may become overly naive and believe that winning the lottery will bring him easy money. In that case, he may still think of evil ideas like stealing and learning how to borrow money from others, or he may develop many vices as a result of being influenced by friends when he is still young. The parent will struggle to stop their child from doing what he is doing.

In actuality, there is nothing wrong with placing a lottery wager; the only thing that should be avoided is the involvement of kids, since they are obviously inexperienced with how it works. That is the one significant error that the parent has been thinking about from the start.

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January 08, 2024, 07:35:06 AM
 #873

Although the chances of winning for the lottery are small, many players still buy lottery coupons because of a promise that if they win, they will get a lot of money and can make them rich in just 1 lottery coupon. lotteries in mainland America and Europe have very large prizes and rewards.
But yes, winning is very difficult, mostly just a dream for coupon buyers but certainly there are those who win the lottery so spending a little money, for example cigarette money is reduced to buy coupons, will not be burdensome.
They still hope to win the huge jackpot prize so they still buy lottery coupons. Even if they have to use more money, it doesn't matter to them because they likely still have more money or have even allocated some funds to buy the lottery coupons.
It is their desires, hopes and dreams of becoming winners of lottery coupons that lead them to buy lottery coupons in large quantities.
Those of us who don't understand might say it doesn't make sense but not for them because they still dream of being the winner.
Meanwhile, people who don't have any intention of buying lottery coupons want to experience buying lottery coupons. But these are the ones who can sometimes be the winners of their lottery coupons.

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January 08, 2024, 08:41:26 AM
 #874

Although the chances of winning for the lottery are small, many players still buy lottery coupons because of a promise that if they win, they will get a lot of money and can make them rich in just 1 lottery coupon. lotteries in mainland America and Europe have very large prizes and rewards.
But yes, winning is very difficult, mostly just a dream for coupon buyers but certainly there are those who win the lottery so spending a little money, for example cigarette money is reduced to buy coupons, will not be burdensome.
Anything that is casino-related has a slim chance of winning, and it doesn't stop the fact that some people can win big with it. This winning is the target of most gamblers and the reason why they patronise casinos engaging in lotteries, they have hope in it. The lottery is not a child's play and it depends on the lottery we are talking about to know how easy or difficult the winning could be. There are some that will just be about the general drawing for the lucky winners and nothing more, but in some, gamblers can still use some mathematical calculations to get the possible results. And guess what? This works and I've seen a lot of people who didn't predict randomly but went to their calculation table to draw out the possible outcome and it works for them.

The best of this is when they are playing a certain lottery that is manually set but has had some internal calculations that will always follow a certain pattern. The issue is that it could be rigged like others since it is not easy for the house to follow the same logic on this all the time, many people will later get to know it and use it to make money against them. In all, people can win in lotteries by luck and by their efforts, but no one should ever believe they can get rich in lotteries. However, if it happens, they can embrace it and be happy. You see that people often have this belief in winning in lotteries, which is why they will continue to patronise it.

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January 08, 2024, 08:59:18 AM
 #875

~snip~
I have seen children who were beaten by their parents because they were upset because they lost at gambling. The children didn't know anything and were playing with their siblings, but suddenly, a child started crying because they were playing. Hence, the parents, who didn't know the real story, immediately beat their children without asking what was wrong. This is truly sad because it has happened in many communities and has caused children to face severe mental pressure due to the actions of their parents. But luckily the incident was known to his grandparents and neighbors, so the child's parents were immediately told to leave the house, saying that his grandparents could still support their children until they were adults.

And from your story, the parents look proud to know that their child also likes lottery betting and doesn't mind if their child can't win. Yes, it was surprising to see that his son also ended up liking betting on lottery bets, which is an activity that is not appropriate for children to do. But that is what happens in many communities, so it is very difficult to provide understanding to them or make them aware that children are still very vulnerable and can be mentally disturbed if they become addicted to gambling. It is best for every parent to educate and guide their children well and always pay attention to their interactions with their friends because socializing with their friends can also have a bad impact on the children's souls if they do bad things too.

Yes, he is a stupid parent who doesn't care about his children to the point of letting them play lottery bets. He should be able to prevent that from happening, and if his parents want to buy lottery tickets, they can buy them themselves without anyone knowing, and they shouldn't tell their children to buy lottery tickets.
Of course, anyone who witnesses an incident like that will be very sad and sympathetic because child who should receive proper treatment with love actually experiences mental pressure and physical violence perpetrated by his own parents.

I don't know why he can think like that, but what he said made me little disappointed and also felt annoyed because there were parents who didn't provide direction or measurable firm action. Such as advising their children that they shouldn't try to follow bets made by other people adults.
As parents, they must be able to avoid and also limit their children social interactions so that they do not try to gamble and really enjoy gambling activities.
Maybe he as parent has failed in providing education to his child but there is still long time to be able to cure it or change his child behavior towards gambling activities.
I know lottery betting can be found anywhere, but if there are restrictions and also strictness as parents, it will be able to change to really keep their children away from what they have been doing regarding lottery betting.
If he is responsible parent, of course he will set good example, such as teaching his child that he has stopped betting, he has stayed away from all betting activities and that way there will be special awareness of the child.

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January 08, 2024, 11:22:35 AM
 #876

Although the chances of winning for the lottery are small, many players still buy lottery coupons because of a promise that if they win, they will get a lot of money and can make them rich in just 1 lottery coupon. lotteries in mainland America and Europe have very large prizes and rewards.
But yes, winning is very difficult, mostly just a dream for coupon buyers but certainly there are those who win the lottery so spending a little money, for example cigarette money is reduced to buy coupons, will not be burdensome.
They still hope to win the huge jackpot prize so they still buy lottery coupons. Even if they have to use more money, it doesn't matter to them because they likely still have more money or have even allocated some funds to buy the lottery coupons.
It is their desires, hopes and dreams of becoming winners of lottery coupons that lead them to buy lottery coupons in large quantities.
Those of us who don't understand might say it doesn't make sense but not for them because they still dream of being the winner.
Meanwhile, people who don't have any intention of buying lottery coupons want to experience buying lottery coupons. But these are the ones who can sometimes be the winners of their lottery coupons.

that of course is the mentality of most lottery bettors. why would they spend daily if they are not dreaming that one day they will hit the jackpot? so even if we say the chance is very slim, these people are aiming for such once in a lifetime opportunity. we can't blame as long as they are using their money, why not? right?

we all know that such opportunity is like punch in the air. so at the end of the day, it is all on you how you dedicate your funds on this gambling activity. because from my end, i also bet on lottery from time to time. if i feel lucky for the day.

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January 08, 2024, 11:57:30 AM
 #877

Although the chances of winning for the lottery are small, many players still buy lottery coupons because of a promise that if they win, they will get a lot of money and can make them rich in just 1 lottery coupon. lotteries in mainland America and Europe have very large prizes and rewards.
But yes, winning is very difficult, mostly just a dream for coupon buyers but certainly there are those who win the lottery so spending a little money, for example cigarette money is reduced to buy coupons, will not be burdensome.
This is why it would be that best that you shouldnt really be expecting something when you do bet on lotteries on which it would really be just that right that you shouldnt really be assuming that you could be able to hit up the jackpot on the time that you would really be betting on lottery. Winning chance is really that close to impossible on which it is really just that right
that you wont be expecting that much so that you wouldnt really be having those regrets and disappointment on which this might cause for you to buy more tickets.
Whether you do have tons or 1 ticket, if you do have that extreme luck or luck in the world then you could possibly be able to hit up those combinations.
It is really just that hitting jackpot cant be that possible in one shot.

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January 08, 2024, 01:11:50 PM
 #878

Although the chances of winning for the lottery are small, many players still buy lottery coupons because of a promise that if they win, they will get a lot of money and can make them rich in just 1 lottery coupon. lotteries in mainland America and Europe have very large prizes and rewards.
But yes, winning is very difficult, mostly just a dream for coupon buyers but certainly there are those who win the lottery so spending a little money, for example cigarette money is reduced to buy coupons, will not be burdensome.
Anything that is casino-related has a slim chance of winning, and it doesn't stop the fact that some people can win big with it. This winning is the target of most gamblers and the reason why they patronise casinos engaging in lotteries, they have hope in it. The lottery is not a child's play and it depends on the lottery we are talking about to know how easy or difficult the winning could be. There are some that will just be about the general drawing for the lucky winners and nothing more, but in some, gamblers can still use some mathematical calculations to get the possible results. And guess what? This works and I've seen a lot of people who didn't predict randomly but went to their calculation table to draw out the possible outcome and it works for them.

The best of this is when they are playing a certain lottery that is manually set but has had some internal calculations that will always follow a certain pattern. The issue is that it could be rigged like others since it is not easy for the house to follow the same logic on this all the time, many people will later get to know it and use it to make money against them. In all, people can win in lotteries by luck and by their efforts, but no one should ever believe they can get rich in lotteries. However, if it happens, they can embrace it and be happy. You see that people often have this belief in winning in lotteries, which is why they will continue to patronise it.
I like your balanced view of the lottery, which acknowledges its appeal and risks. On one side, the odds are usually against the player, and gambling isn't a good financial plan. I often wonder about lotteries' psychological hook - the tempting what if that keeps people coming back. Doesn't hope and desire interact complexly? I find that the excitement of 'potential' victory, however modest, motivates

Some lottery games require skill or computations, which adds intrigue. In rare circumstances, mathematical tactics can modestly boost winning probability. However, we must understand the chances are still against us. Stories of big wins often eclipse this. These uncommon incidents raise excessive expectations. I think lotteries should be seen as entertainment rather than a guaranteed way to get money

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January 08, 2024, 01:42:29 PM
 #879

Participation in the lottery is extremely easy because they will charge you a very little amount for participation. And the prizes for the lottery are usually mouth watering and very big.

That is the main reason why we see a lot of participation in the lotteries although most of the participants know that winning is extremely unlikely in the lottery.
With lottery, they house always have the greater advantage than the participants and so it's not new that most of the times it's very unlikely the participants wins because the odds they win are always and usually high due to the fact that there are many participants and only a few can win at a time, if everyone wins definitely the house will not be able to pay all at once.

The charging of little amount to be able to participate in the lottery draws is because they want to really have many participants enough to be able to raise the funds needed to find the winners while they will be having more than enough left behind to be able to keep as their own profit while the keep business afloat regardless of the the number of participants, knowing that the entry amount is really small which could mean that they are going to get a good number of people playing, they will tighten the chances of winning so that not everyone can win at once els payment will really be chaotic.

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shogun47
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January 08, 2024, 04:09:23 PM
 #880

The thesis would consist that, although the probability of winning classical lotteries is near zero (typically between 0.0000007% in the case of Euromillions and 0.000003% in the case of national lotteries), people is willing to pay an excessive overprice because they are buying the right to dream about the possibility of winning.

Participation in the lottery is extremely easy because they will charge you a very little amount for participation. And the prizes for the lottery are usually mouth watering and very big.

That is the main reason why we see a lot of participation in the lotteries although most of the participants know that winning is extremely unlikely in the lottery.

That is one way to look at it, it is correct that they charge you very little amounts. But what is the bang for your buck? You can participate with a relatively amount, but you have a zero chance to win essentially. So it is a double-edged sword, but it has this psychological effect that people do at least have the feeling they can dream of potential freedom, but in reality this is really what it is: a dream and not more than that. If you see how many people play the lottery and relative to that how many people really become a millionaire, then it begs the question whether participation is easy. It is easy for the individual, but it is hard for the collective as they literally send their money over to the state as a hidden tax so to say.

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