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Author Topic: Lotteries and possibility vs. probability  (Read 6243 times)
Mahanton
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August 02, 2023, 07:48:15 PM
 #341

Your worlds are quite logical because there is no guarantee of winning the lottery. If someone buys lottery tickets at a certain rate throughout his life, there is no assurance that he will win rather there is a high probability that he will loss. So all the time in his life that he spends his money on the lottery can be said to be a total waste. In this case, many people think that if fate favors him, then he can win. But that number is negligible. If a small amount of money can be spent which is not a problem, then a person can buy a lottery to find his luck.
Just buy one ticket in every lottery, technically you has a chance to win every lottery even though the chance is near to 0%. However I think the popularity of lottery is greatly reduced due to impossible to win and there's no fun when you buy the ticket. Unlike sports betting where you can watch the match and enjoy it.

What's make lottery is bad because there's no transparency to pick the winner, that's why most people think lottery is a rigged game.
I made so for several years. I bought several tickets every income. As the result all my prizes were less than i spent buying these tickets. After it i counted chances to win big prize(much more than the ticket cost) and understood that the best way was to invest these money in some stocks and bonds.
Of course, the probability of a big win is so minimal that even hoping for such a win is generally pointless.  The statistics of your expenses really clearly show that participation in the lottery is just money lost.  And of course, it would be better to invest them in some useful stocks or bonds, or in general just buy some things useful for you with them.  In this sense, all sellers of lottery tickets are such "pipe dream" sellers.  But many people believe and hope that they will be lucky and the dream will come true.  And they buy the lottery all the time and don't win anything for years.  But you can always dream that in the next draw I will be lucky and I will become a millionaire. 
But in the end, all this bothers and people stop buying the lottery. 
However, new dreamers come to replace and the cycles continue endlessly.
I`ve never dreamed about super prize. For me it was like to pay percent for luck. After i stopped, i decided to read some more information about lotteries and knew that there is a percent that the organizer must pay as prizes. And usually it is about 50% from the sum of the sold tickets. The winner here is only organizer.
The new dreamers mostly bad in maths i think.
Yeah, you quite rightly noted that such "dreamers to win the lottery" have a very bad situation with their knowledge in the field of mathematics.   Smiley
But the organizers of various lotteries are just doing very well with knowledge of mathematics and this is an irresistible driving force in order to  so that lotteries continue indefinitely all over the world, and at the same time, more and more new modifications of this process would constantly appear.   And I thimk what percentage of the total lottery ticket collection money the lottery organizers receive, this is a big big secret. If the lottery is really very large, covering the sale of millions of lottery tickets, then the organizers' revenue is unlikely to be 50%, it is, I think,  less, of course, but still it should be very large... And in a number of jurisdictions, as I think, there are legislative restrictions on the profit from the activities of lottery organizers. 
But in any case, the organizers are very good with mathematics.  And with the amount of income from the lottery, too.  Smiley
Its impossible that they wont really be that be wary about mathematics or into those calculations in speaking about chances or odds on hitting up the jackpot.There are some bettors on the time that they
would be able to make out some bets even on a single piece of ticket, they do start on dreaming out on how to make use or spend those jackpot amounts. LOOOLLLL! How i could be able to say so?
Im once that kind of person too. hahaha. Thinking up on how you would be spending the jackpot price on the time that you would be making out bets but in the moment that you have been betting
in a while already then this is where self realizations begins. You would be trying out to search and make out some calculations on how much chances you do have on the time that you do bet.
This is where you would really be having those thoughts that it was really just too far off and close to impossible for you to make out such winning. Its always been like this on which
people need up to experience or realize first on what are the reality on something before they would really be able to learn on how to deal with it.

R


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August 03, 2023, 12:42:05 PM
 #342

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.


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August 03, 2023, 01:57:37 PM
 #343

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.
It is true, if you think logically, the organizer will continue to print numbers on the ticket that makes the queue long and many with the benefits offered, but talking the probability of the lottery, very small and rarely people and only the same numbers as participants who came out to win, and from thousands or millions of people only a few who got the victory part, $ 1 in my area is still enough to buy half a pack of kretek cigarettes and packaged coffee, it might be better than being challenged to silly numbers and hoping for God so that it goes out to be a winner. Cheesy

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August 03, 2023, 02:20:24 PM
 #344

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.
It is true, if you think logically, the organizer will continue to print numbers on the ticket that makes the queue long and many with the benefits offered, but talking the probability of the lottery, very small and rarely people and only the same numbers as participants who came out to win, and from thousands or millions of people only a few who got the victory part, $ 1 in my area is still enough to buy half a pack of kretek cigarettes and packaged coffee, it might be better than being challenged to silly numbers and hoping for God so that it goes out to be a winner. Cheesy
hUH lol,
Your last phrase is very funny, and though  you might get a nod for that most especially from those who love smoking cigarette and from those who love drinking coffee as well, the non smoker out there will still tell you that they did put that $1 on something that gives them the chance to win something bigger back, no matter how tiny the chances of them winning is, than than use it to burn their own hearts and lungs through smoking.

Anyways, our decisions in life is all about preferences, our choices, it is said that as our faces are different, so is our desires, at the end, every body have the liberty of choosing where  to put their money or what to do with it, i will still prefer to buy a lottery ticket with my $1 than use it to smoke, and talking about buying a packaged coffee, maybe i will prefer buying a packaged coffee with my $1 than buying lottery ticket with it, for i know the health benefits of coffee.  Grin.

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August 03, 2023, 02:33:58 PM
 #345

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.
It is true, if you think logically, the organizer will continue to print numbers on the ticket that makes the queue long and many with the benefits offered, but talking the probability of the lottery, very small and rarely people and only the same numbers as participants who came out to win, and from thousands or millions of people only a few who got the victory part, $ 1 in my area is still enough to buy half a pack of kretek cigarettes and packaged coffee, it might be better than being challenged to silly numbers and hoping for God so that it goes out to be a winner. Cheesy

Actually we cannot say that we are lucky enough when we buy a lottery tickets and win a big amount of money that many people don't have . But in reality it's too hard to hit that jockpot so we can not deny the fact that's some gamblers only buy 1-2 tickets only and then their remaining money they will use it to buy their daily habbits and one of the best example of these are cigarettes and alcohol or wine.
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August 03, 2023, 03:01:27 PM
 #346

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.

Lottery is not encouraging as it were used to be then when people will be tripping to fill up the application for lottery, maybe due to the advanceent in gambling or to the reason that people don't want to risk the possibility of not been accepted for lottery whenever they applied, something like this will not attract the interest of people more not to say using their money for its application, well maybe if there's a free one some may be willing to give an attempt than spending their money applying, they will rather prefer it goes on gambling than lottery.

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August 03, 2023, 03:17:40 PM
 #347

Actually we cannot say that we are lucky enough when we buy a lottery tickets and win a big amount of money that many people don't have . But in reality it's too hard to hit that jockpot so we can not deny the fact that's some gamblers only buy 1-2 tickets only and then their remaining money they will use it to buy their daily habbits and one of the best example of these are cigarettes and alcohol or wine.

Lotteries are difficult to win and those who participate in lotteries know that the winning probability in lotteries is very less in lotteries as compared to the winning chances. However, people still participate in the lottery because they are always willing to try their luck and hope that they may win a big jackpot on one lucky day.

Other habits or addictions of smoking, and alcohol is not relevant here and I don't think we have much to talk about them.

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August 03, 2023, 09:26:07 PM
 #348

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.
It is true, if you think logically, the organizer will continue to print numbers on the ticket that makes the queue long and many with the benefits offered, but talking the probability of the lottery, very small and rarely people and only the same numbers as participants who came out to win, and from thousands or millions of people only a few who got the victory part, $ 1 in my area is still enough to buy half a pack of kretek cigarettes and packaged coffee, it might be better than being challenged to silly numbers and hoping for God so that it goes out to be a winner. Cheesy

Actually we cannot say that we are lucky enough when we buy a lottery tickets and win a big amount of money that many people don't have . But in reality it's too hard to hit that jockpot so we can not deny the fact that's some gamblers only buy 1-2 tickets only and then their remaining money they will use it to buy their daily habbits and one of the best example of these are cigarettes and alcohol or wine.
Sooner or later you would be able to realize on whats the reality when it comes to lottery on which if you do able to buy some few or couples of lottery tickets and ends up on losing consecutively then you would

really be saying up those words or into your mind that its never been that easy to make yourself that able to hit up the jackpot.You would really be needing all luck in the world for you to be able to hit up that sweet spot which we do know that it is really that a life changing thing and if you do find yourself that having those daydreaming on hitting the jackpot then later on you would really be just telling to yourself that it is really that indeed possible but since we do bought a ticket then there's still chance but of course those numbers are really that close to impossible and this is why some would really be seeing this to be a huge
disappointment or discouragement but surprisingly there are really lots who really get interested on this phase and would really be having those plans on betting even more.

If you do only spend up the money or extra pennies you do have on buying tickets on lotteries then i dont really find any issues into it but on the time that you do spend up tons on day to day basis
then this is where things tends out to mess up if you cant just be able to stop it midway or having that kind of moderation.

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August 03, 2023, 10:35:36 PM
 #349

Actually we cannot say that we are lucky enough when we buy a lottery tickets and win a big amount of money that many people don't have . But in reality it's too hard to hit that jockpot so we can not deny the fact that's some gamblers only buy 1-2 tickets only and then their remaining money they will use it to buy their daily habbits and one of the best example of these are cigarettes and alcohol or wine.

Lotteries are difficult to win and those who participate in lotteries know that the winning probability in lotteries is very less in lotteries as compared to the winning chances. However, people still participate in the lottery because they are always willing to try their luck and hope that they may win a big jackpot on one lucky day.

Other habits or addictions of smoking, and alcohol is not relevant here and I don't think we have much to talk about them.

Those that are frequent winners in lottory should always shife to investing there funds because there is no better guarantee I'm gambling. You can win today and lose for about 10 days before you win again. This is why it is always good for us to invest our funds and never relent on gambling to pay our bills or do one of the most crucial things we ought to do with money. Money is just like a spirit, we more we earn the more problems we tend to face and if we are not prepared, the problem we are facing could after us drastically taking all our available savings that could means a lot to us in the future.

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August 03, 2023, 10:50:05 PM
 #350

Thinking up on how you would be spending the jackpot price on the time that you would be making out bets but in the moment that you have been betting
in a while already then this is where self realizations begins. You would be trying out to search and make out some calculations on how much chances you do have on the time that you do bet.
This is where you would really be having those thoughts that it was really just too far off and close to impossible for you to make out such winning.
I don't believe there is any one who gamble or who buys lottery tickets and doesn't understand the odds or doesn't know what his chances of winnings are. You, for example, before making any bet or buying a lottery ticket, you already know the odds but you still choose to make the bet.
The same when buying a lottery ticket, you can't stop yourself from those day dreams about becoming rich and how you are going to spend all that money. Those sweet dreams (as long as it doesn't become an obsession) are the reason why most of us like gambling.

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August 03, 2023, 11:02:09 PM
 #351

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.

Lol, but people will try to buy coffee and lottery tickets because they don't want to miss out on the chance of winning that huge jackpot prize.  And the idea of winning a jackpot prize is a pleasure in its own self so I think for other people it does not matter whether they use their money to buy coffee or lottery ticket since they both gives pleasure and at the same time make other people rich, the owner of the brand when you buy coffee, and the lottery organizer if you buy lottery tickets.

Thinking up on how you would be spending the jackpot price on the time that you would be making out bets but in the moment that you have been betting
in a while already then this is where self realizations begins. You would be trying out to search and make out some calculations on how much chances you do have on the time that you do bet.
This is where you would really be having those thoughts that it was really just too far off and close to impossible for you to make out such winning.
I don't believe there is any one who gamble or who buys lottery tickets and doesn't understand the odds or doesn't know what his chances of winnings are. You, for example, before making any bet or buying a lottery ticket, you already know the odds but you still choose to make the bet.
The same when buying a lottery ticket, you can't stop yourself from those day dreams about becoming rich and how you are going to spend all that money. Those sweet dreams (as long as it doesn't become an obsession) are the reason why most of us like gambling.

True that, everyone who buy lottery tickets knows their odds of winnings but still keep on buyng because they hope to win the jackpot.

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August 04, 2023, 06:56:55 AM
 #352


True that, everyone who buy lottery tickets knows their odds of winnings but still keep on buyng because they hope to win the jackpot.
The lottery is a type of bet that is difficult to win and every gambler also understands that being able to win the odds is very difficult and really requires luck.
Winning from the lottery to being able to have a jackpot is a rare fortune that can even be said to be luck that comes once in a lifetime.

But hoping for something that is uncertain is a human habit, so it's only natural that many people still buy the lottery and hope to win the jackpot, even though it's difficult.

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August 04, 2023, 11:32:59 AM
 #353

The lottery is a type of bet that is difficult to win and every gambler also understands that being able to win the odds is very difficult and really requires luck.
Winning from the lottery to being able to have a jackpot is a rare fortune that can even be said to be luck that comes once in a lifetime.

But hoping for something that is uncertain is a human habit, so it's only natural that many people still buy the lottery and hope to win the jackpot, even though it's difficult.
That's because we really need luck, and luck will not always be with us. Gamblers know about it but still buy lottery tickets because they want to get the jackpot prize. They are willing to buy cheap lottery tickets because they can have many tickets and maybe hit the jackpot one day.

The lottery has given many hope to dream of winning the jackpot. And many people continue to buy the lottery even though they know it won't be easy.

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August 04, 2023, 12:08:32 PM
 #354

Actually we cannot say that we are lucky enough when we buy a lottery tickets and win a big amount of money that many people don't have . But in reality it's too hard to hit that jockpot so we can not deny the fact that's some gamblers only buy 1-2 tickets only and then their remaining money they will use it to buy their daily habbits and one of the best example of these are cigarettes and alcohol or wine.

Lotteries are difficult to win and those who participate in lotteries know that the winning probability in lotteries is very less in lotteries as compared to the winning chances. However, people still participate in the lottery because they are always willing to try their luck and hope that they may win a big jackpot on one lucky day.
When one gambles, the gambler has the ambition to win where their winning chance is high. But when someone buys the lottery, he knows himself that he will not win the lottery. But if luck favors him, he can win big. The main reason people are interested in lotteries because there will have big winning prize. It will be a life changing step if one gets lucky after repeated attempts. So people buy lotteries even though the chances of winning are very low.

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August 04, 2023, 01:45:06 PM
 #355

I searched information about lotteries when stopped with it. In my country there is a law, that obliges the organizer gave at least 50% of tickets cost to prizes. Usually "at least" means "equal" Smiley
I think that i good at maths, but i even didn`t thought about such moments. One coffee or one ticket - $1, it is the sum, you don`t think about. But when there are 1.000.000 people who "don`t think" about it - the lottery organizer get $1.000.000. You must think about it to understand, but who thinks about one coffee?
Speaking of the country I don't know about it because my country strongly forbids any gambling, both lottery or casino, or may only be closed, but regulatory it is forbidden. That's right with a small amount of $ 1, who cares now with that number with a glass of coffee, if the word one person bought 3 tickets, maybe $ 1 million would be $ 3 million and that would be a casino income, I agreed that it was a dreamer to get a victory With a large amount, but yes who cares about the initial capital of the ticket purchase, they prefer to fantasize the number of wins.
To understand your chances to win you must think about the total sums. Today i`d prefer to buy coffee than to buy a lottery ticket. Even if i don`t want coffee  Grin
Such expenses not a problem for the man, but they make several organizer rich. So, let spend it to our pleasure.

Lottery is not encouraging as it were used to be then when people will be tripping to fill up the application for lottery, maybe due to the advanceent in gambling or to the reason that people don't want to risk the possibility of not been accepted for lottery whenever they applied, something like this will not attract the interest of people more not to say using their money for its application, well maybe if there's a free one some may be willing to give an attempt than spending their money applying, they will rather prefer it goes on gambling than lottery.
When you begin to count, you understand that your chances are about zero. After it there is no any encourage in the lotteries - you just understand that you`re giving your money to someone you don`t even know.
Of course there are 5-10 lucky men, who wins in the lottery big prize. But maths says - even don`t try.


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August 06, 2023, 09:48:00 AM
 #356

When you begin to count, you understand that your chances are about zero. After it there is no any encourage in the lotteries - you just understand that you`re giving your money to someone you don`t even know.
Of course there are 5-10 lucky men, who wins in the lottery big prize. But maths says - even don`t try.

Maths say don't try, but psychology says otherwise (if played responsibly). But I'm talking from the perspective of a country where the remaining 45% that is not for prizes is reinvested in regions and national treasury, to finance public services and to decrease national debt, I guess. And a 1% goes to the national football league.

If that money ended in hands of a private company or a corrupt government I agree with you that I wouldn't even think about playing.

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August 06, 2023, 09:56:23 AM
 #357

-snip-
That's because we really need luck, and luck will not always be with us. Gamblers know about it but still buy lottery tickets because they want to get the jackpot prize. They are willing to buy cheap lottery tickets because they can have many tickets and maybe hit the jackpot one day.

The lottery has given many hope to dream of winning the jackpot. And many people continue to buy the lottery even though they know it won't be easy.
Now that's what happened because lottery tickets have a fairly cheap price, even when today the gambler is not lucky to win, he can still buy it again tomorrow with a smile and usually people like this are just waiting for luck to come in the having the jackpot one day.
But it's hard to get even a winning percentage to reach the jackpot point, it's impossible for everyone to have.

I think they will also stop buying lottery tickets when they are fed up with losing or even spend all the money they have to buy lots of lottery tickets to have more chances.

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August 06, 2023, 06:58:45 PM
 #358

Thinking up on how you would be spending the jackpot price on the time that you would be making out bets but in the moment that you have been betting
in a while already then this is where self realizations begins. You would be trying out to search and make out some calculations on how much chances you do have on the time that you do bet.
This is where you would really be having those thoughts that it was really just too far off and close to impossible for you to make out such winning.
I don't believe there is any one who gamble or who buys lottery tickets and doesn't understand the odds or doesn't know what his chances of winnings are. You, for example, before making any bet or buying a lottery ticket, you already know the odds but you still choose to make the bet.
The same when buying a lottery ticket, you can't stop yourself from those day dreams about becoming rich and how you are going to spend all that money. Those sweet dreams (as long as it doesn't become an obsession) are the reason why most of us like gambling.
You mention having lovely dreams about winning big at the casino or the lotto. I understand that, for sure. Do the majority of us not? Despite the fact that we are aware of the chances, they still seem as appealing as a locked door with a sign prohibiting admittance
A funny thing, though, is that people still play, don't they? Those odds are comparable to a warning sign instructing you not to take a certain path, but you still want to do so in order to explore the area. That's funny, huh? People play even if they are aware that they will certainly lose. Imagine knowing you won't travel to the moon but nevertheless staring at it every night and imagining what might have been

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August 06, 2023, 07:25:26 PM
 #359

When you begin to count, you understand that your chances are about zero. After it there is no any encourage in the lotteries - you just understand that you`re giving your money to someone you don`t even know.
Of course there are 5-10 lucky men, who wins in the lottery big prize. But maths says - even don`t try.

Maths say don't try, but psychology says otherwise (if played responsibly). But I'm talking from the perspective of a country where the remaining 45% that is not for prizes is reinvested in regions and national treasury, to finance public services and to decrease national debt, I guess. And a 1% goes to the national football league.

If that money ended in hands of a private company or a corrupt government I agree with you that I wouldn't even think about playing.
If we are talking about lotteries that have a government in organizers - it is another situation as for me. You have the same chances to get prize, but you don`t spend your "coffee" to make someone rich. The government may spend this money not as you want, but anyway at least the part of your coffee will make your country better. In such situation i can spend may coffee in a lottery ticket i think.


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August 06, 2023, 09:24:53 PM
 #360

When you begin to count, you understand that your chances are about zero. After it there is no any encourage in the lotteries - you just understand that you`re giving your money to someone you don`t even know.
Of course there are 5-10 lucky men, who wins in the lottery big prize. But maths says - even don`t try.

Maths say don't try, but psychology says otherwise (if played responsibly). But I'm talking from the perspective of a country where the remaining 45% that is not for prizes is reinvested in regions and national treasury, to finance public services and to decrease national debt, I guess. And a 1% goes to the national football league.

If that money ended in hands of a private company or a corrupt government I agree with you that I wouldn't even think about playing.
If we are talking about lotteries that have a government in organizers - it is another situation as for me. You have the same chances to get prize, but you don`t spend your "coffee" to make someone rich. The government may spend this money not as you want, but anyway at least the part of your coffee will make your country better. In such situation i can spend may coffee in a lottery ticket i think.
There are really just those people who are really that skeptical towards the government in speaking about taxes and whatever correlated to it on which it would really be just that normal on having that kind of

approach knowing that we are living on a wicked world and wicked government then its not surprising that people would already having those kind of doubts on which it is really just that normal on having that assumptions towards it. As for odds or chances then no matter where we do talk or places we are speaking about those lotteries then how many digit would really be the main factor on which it would really be changing up the chances for it to be get hit. The lesser the numbers the higher the chance on hitting and vice versa.

This is why when you do make out some lottery bets then it would really be just that normal that you would really be needing yourself dont expect that much on winning
because we know the odds are really that close to impossible.

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