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Author Topic: Lotteries and possibility vs. probability  (Read 5830 times)
maydna
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September 13, 2023, 03:23:44 PM
 #521

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But the problem is that not all players will win the jackpot, and that’s putting it mildly. Most, most of them, purely mathematically, are not destined to win even a small amount. In the end, almost all players will turn out to be losers who spent their money on false hopes and expectations of getting a big win. This is how this system is designed, cruel and merciless to the players’ pockets.

Here they have not so much the goal of winning, but rather the effect of hope that with the help of the jackpot these players will be able to dramatically change their lives. Naive.
Most of them will lose in the lottery game because the lottery game is based on luck. And anyone who is not lucky will not be able to win it, even if it is a small prize. But even though all those players have lost, that doesn't stop them from buying lottery tickets because they still dream of becoming lottery winners someday. Perhaps people who don't buy lottery tickets will say it's a false hope and have too high expectations of being able to win the lottery game, so people still buy lottery tickets.

They want to win the lottery game, so they keep buying tickets forever. And they probably already have a budget to buy lottery tickets every week, so it's not a problem for them.
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September 14, 2023, 04:01:12 PM
 #522

And sometimes people make money in betting on sports. But if in lottery you chance to win something more than ticket price is about 1%, in sport betting you have 30% chance to win. And if we are talking about super prize - the chances to win is about zero. But when you lose $1, the lottery owner gets millions.

I have said that the owner of a lottery will Always have money throughout his life, that is why in each lottery the probability favor him , if he buys for 1 dollar and the Number does not fall, it is one more prize that remains accumulated, while Money continues to come in , the good thing that the owner of a lottery has to do is that if it accumulates he has to add more money so that it continues to attract those who can buy that ticket, that is what is played with , what You have to have all the time, it's people who are Interested in the business, I'm not a gamer like that because I'm not lucky, sometimes I bought the lottery a lot but what I bought didn't come close to those Results , so that's what I'm for . I'm no good.
They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.

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September 14, 2023, 04:27:57 PM
 #523

And sometimes people make money in betting on sports. But if in lottery you chance to win something more than ticket price is about 1%, in sport betting you have 30% chance to win. And if we are talking about super prize - the chances to win is about zero. But when you lose $1, the lottery owner gets millions.

I have said that the owner of a lottery will Always have money throughout his life, that is why in each lottery the probability favor him , if he buys for 1 dollar and the Number does not fall, it is one more prize that remains accumulated, while Money continues to come in , the good thing that the owner of a lottery has to do is that if it accumulates he has to add more money so that it continues to attract those who can buy that ticket, that is what is played with , what You have to have all the time, it's people who are Interested in the business, I'm not a gamer like that because I'm not lucky, sometimes I bought the lottery a lot but what I bought didn't come close to those Results , so that's what I'm for . I'm no good.
They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,

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September 14, 2023, 04:43:49 PM
 #524

The lottery is just the part or expenses we don`t need to do. You buy coffee, lottery, hire taxi, when it is easy to walk, etc. As the result we get lots of money we lose everyday.
And even if we are talking about only lotteries - lots of people buy several tickets once a week and it can be much more than $1 per day.

That's why we are talking about this topic here. On one hand, does it make any sense to spend a lot of money in lottery tickets when, in terms of happiness, buying just one from time to time should be enough because, that's it, you got the possibility (and forget about near to zero probabilities of winning)?.

On the other hand, walking is more healthy and cheaper than hiring a taxi, so there is a clearly more reasonable answer here. Coffee is a drug, but it can have a positive effect in several cases, when it's consumed responsibly; and that's what I think about lottery too.
And a taxi helps us to save time. We can explain everything, if we want to do it Smiley As for me, if you want to get emotions it would be better to bet some sport event you can watch - football, basketball, etc. The emotions will be brighter if you have chance to win some money. And the chances are higher than in lottery.
The only situation when i buy lottery tickets is when i want to make some small gift.
Sometimes people make money in lottery than betting on sports that will make you stake more funds for you to earn more money and that is of your predictions falls to the actual results. In lottery, you can use a dollar to win close to $100 or more and this is why many persons that had been betting on lottery games prefer this than playing games on casinos to make profits. Little amount of money cam fetch you up to 100× to 1000× on lottery games making it easy to bet on attractinh vast customers to prefer it than the normal betting we do on daily basis.
There are many people who hold various offline lotteries apart from online casinos to win bets. Funds shoes for making money in lottery It is ok, but its prediction depends on the actual result. People mostly bet on lotteries and find it a good place to earn money, because people are more interested in lotteries than different casino platforms. All people participate in the lottery and understand it easily, but many people do not understand the betting game in online casino platforms for which they do not like it, but like the lottery. But most of the profits are made mainly by betting in casinos, where people can win large sums of money by betting small amounts of money. It is true that many times some people win the jackpot by betting small amounts, which is really desirable.

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September 14, 2023, 04:50:42 PM
 #525


There are many people who hold various offline lotteries apart from online casinos to win bets. Funds shoes for making money in lottery It is ok, but its prediction depends on the actual result. People mostly bet on lotteries and find it a good place to earn money, because people are more interested in lotteries than different casino platforms. All people participate in the lottery and understand it easily, but many people do not understand the betting game in online casino platforms for which they do not like it, but like the lottery. But most of the profits are made mainly by betting in casinos, where people can win large sums of money by betting small amounts of money. It is true that many times some people win the jackpot by betting small amounts, which is really desirable.
I hard a real life experiences pf someone who won the Americans lottery when I was a little young but since then I haven't hard of anyone that hit such jackpot again in my region,  but on a number of occasions,  I ha e seen gambler winning lotteries in online casinos where they are lucky to win a small amount and I haven't seen anyone that have really won a life-changing jackpot just like I experience in my early life with American lottery which seems to be the most popular offline lottery here.

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September 15, 2023, 11:48:47 AM
 #526

They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,
If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

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September 15, 2023, 01:23:03 PM
 #527


There are many people who hold various offline lotteries apart from online casinos to win bets. Funds shoes for making money in lottery It is ok, but its prediction depends on the actual result. People mostly bet on lotteries and find it a good place to earn money, because people are more interested in lotteries than different casino platforms. All people participate in the lottery and understand it easily, but many people do not understand the betting game in online casino platforms for which they do not like it, but like the lottery. But most of the profits are made mainly by betting in casinos, where people can win large sums of money by betting small amounts of money. It is true that many times some people win the jackpot by betting small amounts, which is really desirable.
I hard a real life experiences pf someone who won the Americans lottery when I was a little young but since then I haven't hard of anyone that hit such jackpot again in my region,  but on a number of occasions,  I ha e seen gambler winning lotteries in online casinos where they are lucky to win a small amount and I haven't seen anyone that have really won a life-changing jackpot just like I experience in my early life with American lottery which seems to be the most popular offline lottery here.

But getting a win from the lottery is teh prsentation very small, and you can see for yourself that of the hundreds to millions of people who participate, no one really wins, at most they get two numbers or three numbers for the prize they can receive.
And the ridiculous thing is that they play the lottery dreaming of changing their lives overnight, that's a funny thing in my opinion.
I think it's better in a casino because there are many examples of cases, even though the winnings you get are not big, they are enough to have fun, but if you have the same thought that gambling is to change your fate in life, that is a bad idea, and it certainly won't work. at that point even if you get a big win.

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September 15, 2023, 01:25:17 PM
 #528

<...>

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,
If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

I agree with you that it is not fair when it is an individual (or a company held by a few individuals) who gets half of the money. Every time a draw is held is the same as if they were the lucky winners? I assume that there are big expenses attached to running a lottery, but still, we are talking about a 50%. Maybe not cheating, if the rules are public, but still not fair. But as long as people keeps playing, I'm not sure if we can blame on them.

A different thing, from my perspective (I know many members distrust any kind of government), is when a certain government of a social and democratic state runs it and holds the 50%, which is the case in my country. That money will be reinvested in the people, better or worse, but that's important to me.

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September 15, 2023, 01:42:56 PM
 #529

They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,
If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.
Lottery organizers will always take aside their own share of the money before paying who ever won the lottery, except its a lottery run by a charity organization that have other ways they are funded..

Every single person in gambling is here to make money, both those who own the casino, and those who are playing on the casino, I know some gamblers see gambling as just one of the ways for them to have fun, but the truth is that, they are never angry when they win money, but very happy, so this shows that we all need money regardless of how we see gambling or believe gambling to be .

If we go through the terms of service of an established lottery company where lottery is a serious business for them, they often make public that either they own a percentage on every ticket bought, or at the end of the whole thing, they own a percentage in the total amount won by the winner or winners individually or collectively ..

It is from this funds they are able to keep the system running and also cater for themselves and their families; for no body runs a business to continually loss.

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September 15, 2023, 02:10:57 PM
 #530

I hard a real life experiences pf someone who won the Americans lottery when I was a little young but since then I haven't hard of anyone that hit such jackpot again in my region,  but on a number of occasions,  I ha e seen gambler winning lotteries in online casinos where they are lucky to win a small amount and I haven't seen anyone that have really won a life-changing jackpot just like I experience in my early life with American lottery which seems to be the most popular offline lottery here.
That's because lottery is a difficult gamble, depending on how many numbers are needed to hit the jackpot the probability of hitting it grows bigger so it's understandable why no one was able to repeat the same stuff in your state for a long time. The reason that I can think of why people that are winning these lotteries online is because the programming in that lottery is in a way that there will be a winner and it's much easier to win since it's machine.
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September 15, 2023, 02:27:50 PM
 #531

They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,
If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

There are many gamblers who bet on lotteries everyday and that's the reason why if there's no winner in the specific days or in a week then the grand price will be bigger and bigger until there's a lucky one or even many people will win and then the price will going down. But there are many combinations in the lottery which is we can not say that we can hit the jackpot once we put out bet so it's all about our lucky if we are the winner or not.

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September 15, 2023, 04:35:48 PM
 #532

<...>

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,
If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

I agree with you that it is not fair when it is an individual (or a company held by a few individuals) who gets half of the money. Every time a draw is held is the same as if they were the lucky winners? I assume that there are big expenses attached to running a lottery, but still, we are talking about a 50%. Maybe not cheating, if the rules are public, but still not fair. But as long as people keeps playing, I'm not sure if we can blame on them.

A different thing, from my perspective (I know many members distrust any kind of government), is when a certain government of a social and democratic state runs it and holds the 50%, which is the case in my country. That money will be reinvested in the people, better or worse, but that's important to me.
It seems odd for a private corporation or individual to take 50% of lottery proceeds, no? Lotteries give many people hope, a tiny investment in a dream. Even with clear operations, managers collect disproportionate amounts of money. However, government intervention to safeguard the public interest changes everything. In this instance, the lottery can benefit everyone. You were right: government trust is crucial. If people believe the money will help the public, the tale changes. However, everyone must know how the money is used. What you say makes me think we should examine the underlying purposes and behaviors of lottery systems, whether controlled by people or governments.

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September 15, 2023, 08:59:06 PM
Merited by milewilda (1)
 #533

They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,
If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

There are many gamblers who bet on lotteries everyday and that's the reason why if there's no winner in the specific days or in a week then the grand price will be bigger and bigger until there's a lucky one or even many people will win and then the price will going down. But there are many combinations in the lottery which is we can not say that we can hit the jackpot once we put out bet so it's all about our lucky if we are the winner or not.
Thats not the case here in our country on which lottery prizes or jackpots doesnt able to get that huge or big unlike on what we are seeing on powerball knowing the odds isnt something that you could really be easily to hit up those combinations which it is really that totally opposite on what we do have here because even a week or even on some few days on which those jackpots is really that been hit up on which it would really be bringing or raising up the question, arent these organizations or lottery management really fair? Or they are the ones who do claim out those winnings on having those dummies and able to hit up those numbers?
Its bad to point out some fingers though if you dont have that sufficient proof but on just sensibly be knowing about the odds on hitting the lottery then it cant really be just that too easy on hitting those numbers
on a short time frame on which you would really be having those questions about fairness. This is one of the reasons on why i had stopped on making out some lottery bets due to this one.

R


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mak013
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September 18, 2023, 07:45:43 AM
 #534

If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

I agree with you that it is not fair when it is an individual (or a company held by a few individuals) who gets half of the money. Every time a draw is held is the same as if they were the lucky winners? I assume that there are big expenses attached to running a lottery, but still, we are talking about a 50%. Maybe not cheating, if the rules are public, but still not fair. But as long as people keeps playing, I'm not sure if we can blame on them.

A different thing, from my perspective (I know many members distrust any kind of government), is when a certain government of a social and democratic state runs it and holds the 50%, which is the case in my country. That money will be reinvested in the people, better or worse, but that's important to me.
Of course they have expenses, but 50% it is too much anyway. And i agree that if it is government lottery - the part of the profit will return to us anyway, as some kind of reinvest. This is the only type of lotteries that is possible to buy.


If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.
Lottery organizers will always take aside their own share of the money before paying who ever won the lottery, except its a lottery run by a charity organization that have other ways they are funded..

Every single person in gambling is here to make money, both those who own the casino, and those who are playing on the casino, I know some gamblers see gambling as just one of the ways for them to have fun, but the truth is that, they are never angry when they win money, but very happy, so this shows that we all need money regardless of how we see gambling or believe gambling to be .

If we go through the terms of service of an established lottery company where lottery is a serious business for them, they often make public that either they own a percentage on every ticket bought, or at the end of the whole thing, they own a percentage in the total amount won by the winner or winners individually or collectively ..

It is from this funds they are able to keep the system running and also cater for themselves and their families; for no body runs a business to continually loss.
Yes, it is business but we can choose ourselves how rich the owners can be. If we don`t buy tickets - they have to increase the quantity of winners and prizes.


If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

There are many gamblers who bet on lotteries everyday and that's the reason why if there's no winner in the specific days or in a week then the grand price will be bigger and bigger until there's a lucky one or even many people will win and then the price will going down. But there are many combinations in the lottery which is we can not say that we can hit the jackpot once we put out bet so it's all about our lucky if we are the winner or not.
Yes. The winning depends on luck, but losing is stable. I`d prefer not to lose these money and invest these money. As for me it is more profitable than believe in luck.

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September 18, 2023, 08:14:50 AM
 #535

They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.

You can consider the cost in applying for lottery as something affordable, in most cases they are free and the ones that cost you money are what one can manage to bear or afford.

Are those into lottery actually making money from these, maybe then when things were not as they were today, to me i see lottery as more of giving money to the participants than having the mindset of earning from it except for the applicants who applied and have successfully engaged into this opportunity after been selected,
If it would be so, we wouldn`t see so big choice of the different lotteries. In my country the profit from the lottery mustn`t be more than 50%. This is the profit to the owner. Due to such people like you, who see it as giving money the owners get their millions. It is not problem for me to spend $5, the problem is that i get nothing for these money and someone get this money from me, you, other gamblers and becomes rich. As for me it is the same as cheating.

There are many gamblers who bet on lotteries everyday and that's the reason why if there's no winner in the specific days or in a week then the grand price will be bigger and bigger until there's a lucky one or even many people will win and then the price will going down. But there are many combinations in the lottery which is we can not say that we can hit the jackpot once we put out bet so it's all about our lucky if we are the winner or not.
Lottery is actually the most difficult game to win as long as gambling is concerned, that is, ones chances of winning the lottery is way lower than the person's chances of winning a huge amount of money through slot, casino or sport betting games, no matter how small the amount of money is, winning the lottery remains the hardest, and it's usually the most extreme lucky participants that win .

Note that in slot games, casino games and sports betting, one requires luck to win, but in lottery, one requires extreme luck win, I played a local lottery  game consistently for over 3 years and never won a dime, not to talk of the jackpot .

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TobeyHolo
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September 18, 2023, 08:19:07 AM
 #536

For many U.S. lotteries, approximately 50% to 60% of ticket sales are returned to players in the form of prizes. This means that for every dollar spent, only $0.50 to $0.60 is returned to players on average, and $0.40 to $0.50 is "lost" from an EV perspective.

This is significantly worse than any gambling game in any casino or slot.
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September 18, 2023, 10:39:52 AM
 #537

Lottery is actually the most difficult game to win as long as gambling is concerned, that is, ones chances of winning the lottery is way lower than the person's chances of winning a huge amount of money through slot, casino or sport betting games, no matter how small the amount of money is, winning the lottery remains the hardest, and it's usually the most extreme lucky participants that win .

Note that in slot games, casino games and sports betting, one requires luck to win, but in lottery, one requires extreme luck win, I played a local lottery  game consistently for over 3 years and never won a dime, not to talk of the jackpot .
For me I can't categorize lottery into the class of game,  because as far as I know lottery has nothing to do with any form of technicalities that qualify it to be called a games since lottery most time is all about selecting a lucky winning lottery number or tickets,  this is why lottery is pourly based on luck to win.

Unlike like in sportbet,  where you can make games analysis and predict the possible winning team in the match,  so of course football betting is far more easier to win than lottery and that is why we have frequent sportbet winning compared to lotteries.
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September 19, 2023, 01:08:23 PM
 #538

Lottery is actually the most difficult game to win as long as gambling is concerned, that is, ones chances of winning the lottery is way lower than the person's chances of winning a huge amount of money through slot, casino or sport betting games, no matter how small the amount of money is, winning the lottery remains the hardest, and it's usually the most extreme lucky participants that win .

Note that in slot games, casino games and sports betting, one requires luck to win, but in lottery, one requires extreme luck win, I played a local lottery  game consistently for over 3 years and never won a dime, not to talk of the jackpot .
For me I can't categorize lottery into the class of game,  because as far as I know lottery has nothing to do with any form of technicalities that qualify it to be called a games since lottery most time is all about selecting a lucky winning lottery number or tickets,  this is why lottery is pourly based on luck to win.

Unlike like in sportbet,  where you can make games analysis and predict the possible winning team in the match,  so of course football betting is far more easier to win than lottery and that is why we have frequent sportbet winning compared to lotteries.

Sorry, I don't agree.

Are they a different kind of game? Yes, but it is false that to be considered a "game" it has to be based on ability, and many games don't work like that (bingo, slots, crash, roulette...). Maybe you have a better name for these games, but I think that most of us will agree that they are games.


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Dimitri94
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September 19, 2023, 02:03:23 PM
 #539

And sometimes people make money in betting on sports. But if in lottery you chance to win something more than ticket price is about 1%, in sport betting you have 30% chance to win. And if we are talking about super prize - the chances to win is about zero. But when you lose $1, the lottery owner gets millions.

I have said that the owner of a lottery will Always have money throughout his life, that is why in each lottery the probability favor him , if he buys for 1 dollar and the Number does not fall, it is one more prize that remains accumulated, while Money continues to come in , the good thing that the owner of a lottery has to do is that if it accumulates he has to add more money so that it continues to attract those who can buy that ticket, that is what is played with , what You have to have all the time, it's people who are Interested in the business, I'm not a gamer like that because I'm not lucky, sometimes I bought the lottery a lot but what I bought didn't come close to those Results , so that's what I'm for . I'm no good.
They increase jackpot if no one wins it but they have some money except the money for prizes. I bought lotteries sometimes. Not often, on some holidays, when you spend money just for fun and different strange things. But as i said, some moments i decided that it would be better to buy some junk food or ticket on football match but not lottery.
I have also tried lotteries many times in the past but luck is not on my side. After many attempts i decided that if I bet such amount on a gambling site, I would have some chance of winning, but not the lottery even many people have won the jackpot or the lottery. So investing my lottery money seems like just a waste of money to me. This is my personal opinion, many may disagree with my opinion. But to those who believe in lottery, I would say that if you have money, you can spend a small amount of money on lottery.
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September 19, 2023, 03:17:07 PM
 #540

I have also tried lotteries many times in the past but luck is not on my side. After many attempts i decided that if I bet such amount on a gambling site, I would have some chance of winning, but not the lottery even many people have won the jackpot or the lottery. So investing my lottery money seems like just a waste of money to me. This is my personal opinion, many may disagree with my opinion. But to those who believe in lottery, I would say that if you have money, you can spend a small amount of money on lottery.
It is very difficult to win prizes from the lottery because it requires luck and we know that luck will only come to the right people. Maybe it is a once in a lifetime experience to be able to win a lottery prize, especially if we can win the jackpot prize. I remember how my grandmother managed to win a television, which in those years was still a luxury item from the lottery. And she was very happy because she could replace her old television with a new one. But after she bought her lottery tickets again for a few months, she didn't get any winnings at all and that made her stop buying lotteries.

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