Ever-young
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October 13, 2023, 05:20:09 AM |
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Every gambler know these option are very tough to predict 100% right.But you know every time high odds didn’t win the game.But i believe possibility Every single betting.
Playing and believing is possibility in every single bet which is 0-1 chance of winning is just like relaying on luck to win your game, and this is what the slot game have mostly be about, we can never be too sure of the game and our winning chances because we don’t know what might be the outcome of then next game, since their is no special skill needed which a gambler can use to make his game prediction. Slot game are just mostly for those who just want to play game base on luck or those who just don’t have time to go through matches from previous game to make their predictions, as slot game might appear to be the easiest and sometimes they think it give them a higher chance of winning big amount with small wager amount than any other betting option will give them due to low odd.
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348Judah
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October 13, 2023, 10:19:08 AM |
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Every gambler know these option are very tough to predict 100% right.But you know every time high odds didn’t win the game.But i believe possibility Every single betting.
Playing and believing is possibility in every single bet which is 0-1 chance of winning is just like relaying on luck to win your game, and this is what the slot game have mostly be about, we can never be too sure of the game and our winning chances because we don’t know what might be the outcome of then next game, since their is no special skill needed which a gambler can use to make his game prediction. Slot game are just mostly for those who just want to play game base on luck or those who just don’t have time to go through matches from previous game to make their predictions, as slot game might appear to be the easiest and sometimes they think it give them a higher chance of winning big amount with small wager amount than any other betting option will give them due to low odd. It is important that we should understand what makes gambling different from lottery, though lottery may also have some possibilities as well but the chances are very low to win, gambling is something entirely different from lottery, we bet with our money, we take decision on what to see happened, we took the risk in it highest or minimum level and uses our money for placing bet, while lottery comprises a combination of gamblers and non gamblers trying their own for a particular opportunity.
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maydna
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October 13, 2023, 03:44:08 PM |
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Every gambler know these option are very tough to predict 100% right.But you know every time high odds didn’t win the game.But i believe possibility Every single betting.
Playing and believing is possibility in every single bet which is 0-1 chance of winning is just like relaying on luck to win your game, and this is what the slot game have mostly be about, we can never be too sure of the game and our winning chances because we don’t know what might be the outcome of then next game, since their is no special skill needed which a gambler can use to make his game prediction. Slot game are just mostly for those who just want to play game base on luck or those who just don’t have time to go through matches from previous game to make their predictions, as slot game might appear to be the easiest and sometimes they think it give them a higher chance of winning big amount with small wager amount than any other betting option will give them due to low odd. We won't know what final results we will get because we can only play slots. And it will be the same as the lottery game where we buy the lottery ticket and wait for the results to come out. This makes us curious about the results, and we will still buy the lottery ticket if we can't win that round. Slot games are also like that because by relying on luck, gamblers can only win slot games, and some gamblers can get big multipliers just by betting small amounts of money. But we won't know how much money they have spent playing slots until they can get that big multiplier. Perhaps they have used a lot of money before getting the big multiplier. But some gamblers have only played slots a few times but managed to get big multipliers, and that is because their luck came at the right time.
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Wiwo
Legendary
Offline
Activity: 1512
Merit: 1000
Marketing Campaign Manager |Telegram ID- @LT_Mouse
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October 13, 2023, 04:39:14 PM |
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Every gambler know these option are very tough to predict 100% right.But you know every time high odds didn’t win the game.But i believe possibility Every single betting.
Playing and believing is possibility in every single bet which is 0-1 chance of winning is just like relaying on luck to win your game, and this is what the slot game have mostly be about, we can never be too sure of the game and our winning chances because we don’t know what might be the outcome of then next game, since their is no special skill needed which a gambler can use to make his game prediction. Slot game are just mostly for those who just want to play game base on luck or those who just don’t have time to go through matches from previous game to make their predictions, as slot game might appear to be the easiest and sometimes they think it give them a higher chance of winning big amount with small wager amount than any other betting option will give them due to low odd. We have games that have high chances of your luck playing out such as slot as ever young mentioned, but we can't rely on luck for all the games most especially games that require expertise to win and control their possible outcome, although there still some few elements of luck between and that makes them dual games responsibility and that makes it fair enough and same time help relived the burden on one single approach to winning be it in the slot, dice or even football speculations. Even in football staking following the odds stake you bet and thereafter relying on the luck factors to win those games also makes you more vulnerable and at risk of losing because when it comes to football, analysis of the team and games plays a vital role.
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Porfirii (OP)
Legendary
Offline
Activity: 2240
Merit: 3026
The Alliance Of Bitcointalk Translators - ENG>SPA
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October 14, 2023, 03:23:07 PM |
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Every gambler know these option are very tough to predict 100% right.But you know every time high odds didn’t win the game.But i believe possibility Every single betting.
Playing and believing is possibility in every single bet which is 0-1 chance of winning is just like relaying on luck to win your game, and this is what the slot game have mostly be about, we can never be too sure of the game and our winning chances because we don’t know what might be the outcome of then next game, since their is no special skill needed which a gambler can use to make his game prediction. Slot game are just mostly for those who just want to play game base on luck or those who just don’t have time to go through matches from previous game to make their predictions, as slot game might appear to be the easiest and sometimes they think it give them a higher chance of winning big amount with small wager amount than any other betting option will give them due to low odd. And, even with slots, there is the belief that the game follows some kind of recognizable pattern that some "hunters" try to predict. At least in my country it is said that the machine is "hot", as there was some kind of skill or way to control the outcome, and not pure chance. There is even an urban legend which states that some Chinese men take profit of that knowledge and make money from slot machines after other players "heated" them.
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Hirose UK
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October 15, 2023, 04:57:46 AM |
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And one of the main reasons is that they can save more money even if they buy it all the time because if you have $5 then you can use it for 5 ticket purchases and each ticket will be able to produce quite big profit if you are lucky. Of course there is always an opportunity in every lottery ticket purchase and when you believe in it then you always have the opportunity because we don't know what the possible numbers will come out later so everyone has chance here but an opportunity like this can be said to be more of an opportunity small.
Every gambler definitely wants to use the winnings to have fun or go to an entertainment place with friends and drink there but there are also some who use the winnings to meet their living needs but this is choice. When you have won then deciding to come back again with every lottery ticket purchase is natural thing because there is always the desire to win again.
And if the price of lottery tickets is even cheaper, they will be able to get more lottery tickets and they will think that their chances of winning will increase even though it all still depends on their luck. They can still hope to win from all their tickets and really hope to win the jackpot. And that's what makes many people keep buying lottery tickets because they can still hope to be the winner one day. The winnings they get must be used as well as possible because there are difficulties in becoming winners. But some winners waste their money buying things they don't need because they just want to show off to their friends. After all, they are now rich. But actually buying more lottery tickets doesn't mean it will increase your chances of winning or even getting the jackpot because it all depends on the luck of each gambler and many gamblers have managed to win just by buying one or two lottery tickets. Thinking of buying more tickets is wrong decision and anyone can become challenged and then use all the money to buy lottery tickets. If you are chasing the jackpot then it is better to always buy the same numbers every time so sooner or later you will definitely come out and be able to win it and several people have proven that this method is effective enough to win. But still as I said sooner or later there is no definite time when these numbers will actually come out. Togel is complicated bet and not single gambler has been able to solve the lottery number algorithm so it is natural that lottery bet winners often use their winnings just for fun because I also understand how they feel when they win.
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ethereumhunter
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October 15, 2023, 09:22:54 AM |
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But actually buying more lottery tickets doesn't mean it will increase your chances of winning or even getting the jackpot because it all depends on the luck of each gambler and many gamblers have managed to win just by buying one or two lottery tickets. Thinking of buying more tickets is wrong decision and anyone can become challenged and then use all the money to buy lottery tickets.
If you are chasing the jackpot then it is better to always buy the same numbers every time so sooner or later you will definitely come out and be able to win it and several people have proven that this method is effective enough to win. But still as I said sooner or later there is no definite time when these numbers will actually come out.
Togel is complicated bet and not single gambler has been able to solve the lottery number algorithm so it is natural that lottery bet winners often use their winnings just for fun because I also understand how they feel when they win.
Buying lottery tickets does not increase your chances of winning. But people still think that way and buy lottery tickets in large quantities. They think and hope that a large number of tickets can help them win the jackpot because with a large number of lottery tickets, there is a possibility that one of the lottery tickets will come out as the winner, even though that's not how it works because to be a winner of the lottery you have to have luck in getting rid of all your competitors. That could be wrong, but not so for people who are used to buying lottery tickets. They will buy more lottery tickets. Chasing the jackpot is very difficult and only a few people can win the jackpot. We must be able to buy tickets with the same number because many people also have the same wishes as us. But they should buy random numbers because we will never know which number will be the winner. And if we can buy that random number, we can be the lottery winner. But be careful in buying those lottery tickets because they can cost you a lot of money. It's better to use the lottery as entertainment and only buy enough lottery tickets so we don't use too much money. Indeed, many people keep buying lottery tickets but have yet to manage to win.
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Porfirii (OP)
Legendary
Offline
Activity: 2240
Merit: 3026
The Alliance Of Bitcointalk Translators - ENG>SPA
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October 15, 2023, 10:01:09 AM |
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But actually buying more lottery tickets doesn't mean it will increase your chances of winning or even getting the jackpot because it all depends on the luck of each gambler and many gamblers have managed to win just by buying one or two lottery tickets. Thinking of buying more tickets is wrong decision and anyone can become challenged and then use all the money to buy lottery tickets.
If you are chasing the jackpot then it is better to always buy the same numbers every time so sooner or later you will definitely come out and be able to win it and several people have proven that this method is effective enough to win. But still as I said sooner or later there is no definite time when these numbers will actually come out.
Togel is complicated bet and not single gambler has been able to solve the lottery number algorithm so it is natural that lottery bet winners often use their winnings just for fun because I also understand how they feel when they win.
Buying lottery tickets does not increase your chances of winning. But people still think that way and buy lottery tickets in large quantities. They think and hope that a large number of tickets can help them win the jackpot because with a large number of lottery tickets, there is a possibility that one of the lottery tickets will come out as the winner, even though that's not how it works because to be a winner of the lottery you have to have luck in getting rid of all your competitors. That could be wrong, but not so for people who are used to buying lottery tickets. They will buy more lottery tickets. Chasing the jackpot is very difficult and only a few people can win the jackpot. We must be able to buy tickets with the same number because many people also have the same wishes as us. But they should buy random numbers because we will never know which number will be the winner. And if we can buy that random number, we can be the lottery winner. But be careful in buying those lottery tickets because they can cost you a lot of money. It's better to use the lottery as entertainment and only buy enough lottery tickets so we don't use too much money. Indeed, many people keep buying lottery tickets but have yet to manage to win. About the first idea, buying more tickets gives you more probabilities to win (in fact, buying two tickets gives you exactly double the probabilities compared to having bought only one). So, although in the end you are right that it doesn't make sense to buy many tickets, the reasoning behind it is wrong. On the other hand, about always buying the same numbers as a method proven to be effective enough to win...  I'm sorry to tell you that ethereumhunter is right and random numbers have the same probability to win. In fact, by buying random numbers you avoid falling into magical thinking, and keep your mind cold.
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Blitzboy
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October 15, 2023, 04:24:01 PM |
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But actually buying more lottery tickets doesn't mean it will increase your chances of winning or even getting the jackpot because it all depends on the luck of each gambler and many gamblers have managed to win just by buying one or two lottery tickets. Thinking of buying more tickets is wrong decision and anyone can become challenged and then use all the money to buy lottery tickets.
If you are chasing the jackpot then it is better to always buy the same numbers every time so sooner or later you will definitely come out and be able to win it and several people have proven that this method is effective enough to win. But still as I said sooner or later there is no definite time when these numbers will actually come out.
Togel is complicated bet and not single gambler has been able to solve the lottery number algorithm so it is natural that lottery bet winners often use their winnings just for fun because I also understand how they feel when they win.
Buying lottery tickets does not increase your chances of winning. But people still think that way and buy lottery tickets in large quantities. They think and hope that a large number of tickets can help them win the jackpot because with a large number of lottery tickets, there is a possibility that one of the lottery tickets will come out as the winner, even though that's not how it works because to be a winner of the lottery you have to have luck in getting rid of all your competitors. That could be wrong, but not so for people who are used to buying lottery tickets. They will buy more lottery tickets. Chasing the jackpot is very difficult and only a few people can win the jackpot. We must be able to buy tickets with the same number because many people also have the same wishes as us. But they should buy random numbers because we will never know which number will be the winner. And if we can buy that random number, we can be the lottery winner. But be careful in buying those lottery tickets because they can cost you a lot of money. It's better to use the lottery as entertainment and only buy enough lottery tickets so we don't use too much money. Indeed, many people keep buying lottery tickets but have yet to manage to win. We're juggling the magical idea that more tickets increase win likelihood. Like saying more fortune cookies will bring more luck! Lets add some maths to this creative and amusing idea. Whether you buy one, ten, or 100 tickets, the odds of winning scarcely change. Like emptying the ocean with a bucket—honorable, pleasant, but pointless! The temptation to win is irresistible, like eating another piece of chocolate cake after having two. 🍰 How about a friendly lottery pool instead? Gather, dreamers and hopefuls, everyone contributing a small amount, buying a batch of tickets, and sharing the prize (or, more likely, the thrill of possibility)! It lightens the voyage financially and creates a social gala where dreams, stories, and what-ifs are exchanged with mutual fun. A victory in companionship, shared ambitions, and maybe even lottery!
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wallet4bitcoin
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October 15, 2023, 05:00:22 PM |
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Lotteries are indeed probabilistic in nature. There is ideally no guarantee and one of the biggest motivators is the evidence of one who has won and then the dream of winning sets in.
Often times people tend to dream beyond the point of seen evidence and imagined even more, this makes them damn whatever probability exists and face the possibility, when the equation is actually on the reverse.
We also cannot overemphasize the need for people to know that probabilistic systems involve a high degree of quantitative information and high degree of uncertainty.
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Oilacris
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October 15, 2023, 08:59:17 PM Last edit: October 15, 2023, 09:14:27 PM by Oilacris |
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But actually buying more lottery tickets doesn't mean it will increase your chances of winning or even getting the jackpot because it all depends on the luck of each gambler and many gamblers have managed to win just by buying one or two lottery tickets. Thinking of buying more tickets is wrong decision and anyone can become challenged and then use all the money to buy lottery tickets.
If you are chasing the jackpot then it is better to always buy the same numbers every time so sooner or later you will definitely come out and be able to win it and several people have proven that this method is effective enough to win. But still as I said sooner or later there is no definite time when these numbers will actually come out.
Togel is complicated bet and not single gambler has been able to solve the lottery number algorithm so it is natural that lottery bet winners often use their winnings just for fun because I also understand how they feel when they win.
Buying lottery tickets does not increase your chances of winning. But people still think that way and buy lottery tickets in large quantities. They think and hope that a large number of tickets can help them win the jackpot because with a large number of lottery tickets, there is a possibility that one of the lottery tickets will come out as the winner, even though that's not how it works because to be a winner of the lottery you have to have luck in getting rid of all your competitors. That could be wrong, but not so for people who are used to buying lottery tickets. They will buy more lottery tickets. Chasing the jackpot is very difficult and only a few people can win the jackpot. We must be able to buy tickets with the same number because many people also have the same wishes as us. But they should buy random numbers because we will never know which number will be the winner. And if we can buy that random number, we can be the lottery winner. But be careful in buying those lottery tickets because they can cost you a lot of money. It's better to use the lottery as entertainment and only buy enough lottery tickets so we don't use too much money. Indeed, many people keep buying lottery tickets but have yet to manage to win. We're juggling the magical idea that more tickets increase win likelihood. Like saying more fortune cookies will bring more luck! Lets add some maths to this creative and amusing idea. Whether you buy one, ten, or 100 tickets, the odds of winning scarcely change. Like emptying the ocean with a bucket—honorable, pleasant, but pointless! The temptation to win is irresistible, like eating another piece of chocolate cake after having two. 🍰 How about a friendly lottery pool instead? Gather, dreamers and hopefuls, everyone contributing a small amount, buying a batch of tickets, and sharing the prize (or, more likely, the thrill of possibility)! It lightens the voyage financially and creates a social gala where dreams, stories, and what-ifs are exchanged with mutual fun. A victory in companionship, shared ambitions, and maybe even lottery! Having those pools then it does really increase that odds but really that still significant and also not all would really be that preferred nor do like on dividing those prizes on the time that there's a hit but rather they would really be preferring on soloing those winnings rather than it would really be divided by each member of that group or to those who had pooled their tickets.If you arent really that minding about those dividing of winning then it wont really be that much of an issue for you then you could really go ahead with those pools but if you dont like their terms then it would really be your choice on going solo. Somewhat even myself doesnt really like on doing those group bets but rather liking to win up the game on doing solo hits which you could really be able to solo the prize money.  Possibilities is really that almost really an impossible thing but as long it doesnt hit up that 0% chance then you could really always having the odds on hitting those combinations but dont expect that much or being that too positive because having that kind of approach would definitely be that pushing you on becoming that too desperate and optimistic which would really be always ending up on great disappointment.
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Wiwo
Legendary
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October 15, 2023, 09:31:08 PM |
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Lotteries are indeed probabilistic in nature. There is ideally no guarantee and one of the biggest motivators is the evidence of one who has won and then the dream of winning sets in.
Often times people tend to dream beyond the point of seen evidence and imagined even more, this makes them damn whatever probability exists and face the possibility, when the equation is actually on the reverse.
We also cannot overemphasize the need for people to know that probabilistic systems involve a high degree of quantitative information and high degree of uncertainty.
Gambling on lottery or sports are all the same and we should consider them as both luck based and we even have a higher chance of football bets more than we have in the lottery due to the possibility to easily analyze football games than we do have in the lottery since with lottery what and all we have is just the number and our luck to win, but football bets is not the same and some times we have and made accurate predictions based on our analysis of the team previous games. Why some people still prefer the lottery winning to other gambling winning because of the possible total amount, some lotteries can transform the ticket holders' lives overnight and the reason why many still go for the lottery such as the American Lottery and the rest.
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LUCKMCFLY
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October 17, 2023, 12:23:09 AM |
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Being that positive isnt really that bat but we should really know on how to set up limits because too much positiveness would really be ending up on desperation on which it would really be leading more harm than on benefit and this is something that we should really be trying out to assess first before doing things. Each one of us does have have those kind of wishes or likes in life on which we do really like for it to be purchased but since we arent that financially capable then we are really that tending to engage on things which does give out that kind of opportunity on getting that probability on making money which it would really be granting out those things that we do have been wishing for. Lotteries could really be giving out that kind of life changing opportunity and this is why its not really that shocking or surprising that engagement of bettors is really that high.
We've seen prizepools do reach out multi-million dollars which we know that it could really make someone do live out on a life that they havent been able to experience because since you arent really that financially capable then it would really be just that normal that hopes and positivity would really be something that could be felt on the time that you would really be making some bets on lotteries on which it isnt bad but the only issue on here is on that on the time that you are already that spending that much then this is where problem do start.
Yes, in fact things are not like that, being positive is Always good for me, but I think that here what should not be confused is positivism with Realism , we have to be positive but we can never walk on a cloud, because otherwise, How is a person going to maintain Himself if Everything is false ? So things when they are about how to do and how to behave in a casino are Different , because as I have said in many children, when it comes to casino games , the issue here is that it is about money, and about time. things will change, there are people who when it has to do with money their attitude and skills change, that is something that Cannot be denied, because no one wants to lose money, not even 1 dollar because it is something natural , things are like that They are about how to make the money yield more, or how to make it multiply, and with just 1 dollar it is a Complete bet on Something, or some Bet, even with one dollar you can Bet. It cannot be denied that when there are things that can be quite strong, Such as having enough opposition to enter a casino and win, that is a thought that many have and it is something that I cannot deny, no matter how much people are told. Be careful with the casino, the casino always consumes money, in the casino you cannot win big, the casino is dangerous, when things are like this it is difficult for a person to understand it, it is difficult , that's why when people who are necvias get their good surprise thanks to the casino system, that's when they stop and then they start to hear the caonsjoe, they want to get the money back, and all those Effects that it gives to people when they lose, they don't They realize that the casino is about having fun, that it is money that you have no problem losing, that the only thing that remains is fun, that is what one should always refer to, but like the majority of people in the world He learns the hard way, because it is something that cannot be Avoided.
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Hirose UK
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October 17, 2023, 07:05:21 AM |
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But actually buying more lottery tickets doesn't mean it will increase your chances of winning or even getting the jackpot because it all depends on the luck of each gambler and many gamblers have managed to win just by buying one or two lottery tickets. Thinking of buying more tickets is wrong decision and anyone can become challenged and then use all the money to buy lottery tickets.
If you are chasing the jackpot then it is better to always buy the same numbers every time so sooner or later you will definitely come out and be able to win it and several people have proven that this method is effective enough to win. But still as I said sooner or later there is no definite time when these numbers will actually come out.
Togel is complicated bet and not single gambler has been able to solve the lottery number algorithm so it is natural that lottery bet winners often use their winnings just for fun because I also understand how they feel when they win.
Buying lottery tickets does not increase your chances of winning. But people still think that way and buy lottery tickets in large quantities. They think and hope that a large number of tickets can help them win the jackpot because with a large number of lottery tickets, there is a possibility that one of the lottery tickets will come out as the winner, even though that's not how it works because to be a winner of the lottery you have to have luck in getting rid of all your competitors. That could be wrong, but not so for people who are used to buying lottery tickets. They will buy more lottery tickets. Chasing the jackpot is very difficult and only a few people can win the jackpot. We must be able to buy tickets with the same number because many people also have the same wishes as us. But they should buy random numbers because we will never know which number will be the winner. And if we can buy that random number, we can be the lottery winner. But be careful in buying those lottery tickets because they can cost you a lot of money. It's better to use the lottery as entertainment and only buy enough lottery tickets so we don't use too much money. Indeed, many people keep buying lottery tickets but have yet to manage to win. That is the biggest mistake of gambler who chases victory by trying to increase the odds in more stupid way namely buying more tickets but without realizing it they have entered into method that really doesn't make sense and even has the opportunity to lose larger amount. We have to provide understanding to gamblers like this so that in the future there will be no more stupid methods used by most gamblers especially those we already know. This will only make them fall into poverty or even really not have any money if it persists for long period of time. But this method is much better than buying lottery tickets in large quantities because you only need to repeat the numbers for each purchase, you only need to spend money on buying one or two tickets without needing to spend more money. And this method has proven to be effective for gamblers who have confidence and patience in what they have to bet on this has been very popular for long time among lottery gamblers where I live. Forget the fun of buying lottery tickets because no one has fun buying lottery tickets and it better to just test your luck or try something new than betting on the lottery.
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Porfirii (OP)
Legendary
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The Alliance Of Bitcointalk Translators - ENG>SPA
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October 17, 2023, 02:09:43 PM |
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Lotteries are indeed probabilistic in nature. There is ideally no guarantee and one of the biggest motivators is the evidence of one who has won and then the dream of winning sets in.
Often times people tend to dream beyond the point of seen evidence and imagined even more, this makes them damn whatever probability exists and face the possibility, when the equation is actually on the reverse.
We also cannot overemphasize the need for people to know that probabilistic systems involve a high degree of quantitative information and high degree of uncertainty.
We could call it "faith" when people dream beyond seen evidence, and although it's not anything quantitative, we must agree that it has great value (in terms of power if we talk about religious faith, and in terms of money if we look at the figures spent in national lotteries). I am myself a "believer" in the latter, and I hope (but I don't really expect) to let you all know soon that I retired early because of several millions won after guessing the lucky numbers  and I still know that it is more probable to be hit by a lightning twice before it happens, but fortunately my bias is strong enough to make me quite happy in exchange of only 1€ at a time (not even weekly).
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Fivestar4everMVP
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October 17, 2023, 02:45:51 PM |
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Lotteries are indeed probabilistic in nature. There is ideally no guarantee and one of the biggest motivators is the evidence of one who has won and then the dream of winning sets in.
Often times people tend to dream beyond the point of seen evidence and imagined even more, this makes them damn whatever probability exists and face the possibility, when the equation is actually on the reverse.
We also cannot overemphasize the need for people to know that probabilistic systems involve a high degree of quantitative information and high degree of uncertainty.
Gambling on lottery or sports are all the same and we should consider them as both luck based and we even have a higher chance of football bets more than we have in the lottery due to the possibility to easily analyze football games than we do have in the lottery since with lottery what and all we have is just the number and our luck to win, but football bets is not the same and some times we have and made accurate predictions based on our analysis of the team previous games. Why some people still prefer the lottery winning to other gambling winning because of the possible total amount, some lotteries can transform the ticket holders' lives overnight and the reason why many still go for the lottery such as the American Lottery and the rest. You are right, but there are still some points to note also, and first of it is that, Lottery as you partially said is a pure luck-based game, it does not require any analyzing or brain works, on like sports betting that is part luck based and part knowledge based. this simply means that, on one hand, sports betting requires the gambler to have a good knowledge of the sports he or she is betting on to have a good chance of winning his or her bets, and on the other hand, the gambler still require to be lucky to predict correctly; the outcome of the sports he or she is betting on. Coming back to reasons why some people will prefer to bet on sports while others will prefer to play the lottery, i would say that one other reason different from that which you have said is that, some people actually do not know anything about sports, that is, they have zero knowledge of sports and as such, it's hard for them to know which team to bet on to win a match, so instead of them just blindly guessing without any facts to aid them, they will prefer to just play the lottery where they need no knowledge of anything other than to just rely on luck for a possible win.
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Blitzboy
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October 17, 2023, 07:45:10 PM |
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Lotteries are indeed probabilistic in nature. There is ideally no guarantee and one of the biggest motivators is the evidence of one who has won and then the dream of winning sets in.
Often times people tend to dream beyond the point of seen evidence and imagined even more, this makes them damn whatever probability exists and face the possibility, when the equation is actually on the reverse.
We also cannot overemphasize the need for people to know that probabilistic systems involve a high degree of quantitative information and high degree of uncertainty.
Gambling on lottery or sports are all the same and we should consider them as both luck based and we even have a higher chance of football bets more than we have in the lottery due to the possibility to easily analyze football games than we do have in the lottery since with lottery what and all we have is just the number and our luck to win, but football bets is not the same and some times we have and made accurate predictions based on our analysis of the team previous games. Why some people still prefer the lottery winning to other gambling winning because of the possible total amount, some lotteries can transform the ticket holders' lives overnight and the reason why many still go for the lottery such as the American Lottery and the rest. You are right, but there are still some points to note also, and first of it is that, Lottery as you partially said is a pure luck-based game, it does not require any analyzing or brain works, on like sports betting that is part luck based and part knowledge based. this simply means that, on one hand, sports betting requires the gambler to have a good knowledge of the sports he or she is betting on to have a good chance of winning his or her bets, and on the other hand, the gambler still require to be lucky to predict correctly; the outcome of the sports he or she is betting on. Coming back to reasons why some people will prefer to bet on sports while others will prefer to play the lottery, i would say that one other reason different from that which you have said is that, some people actually do not know anything about sports, that is, they have zero knowledge of sports and as such, it's hard for them to know which team to bet on to win a match, so instead of them just blindly guessing without any facts to aid them, they will prefer to just play the lottery where they need no knowledge of anything other than to just rely on luck for a possible win. Absolutely, your differentiation between the mechanics of lottery and sports betting is spot on. The lottery, as you rightfully highlighted, stands on the sheer pillar of luck; theres no strategy, no planning, just a wild spin of fate. Sports betting, on the contrary, is a fusion - a concoction of luck and a deep-rooted understanding of the game. But, here lies the problem: if sports betting is partially based on knowledge, then is it genuinely gambling in its purest form? Now, on the preference between sports betting and the lottery, its a spectrum of knowledge and ignorance. Some delve into the world of sports betting because they feel a sense of control due to their expertise. Others shy away because of their lack of sports knowledge, and the lottery provides that equalized platform where everyone, knowledgeable or not, stands the same chance. Its an arena where understanding is secondary, and luck reigns supreme.
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Porfirii (OP)
Legendary
Offline
Activity: 2240
Merit: 3026
The Alliance Of Bitcointalk Translators - ENG>SPA
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October 20, 2023, 05:12:13 AM |
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Absolutely, your differentiation between the mechanics of lottery and sports betting is spot on. The lottery, as you rightfully highlighted, stands on the sheer pillar of luck; theres no strategy, no planning, just a wild spin of fate. Sports betting, on the contrary, is a fusion - a concoction of luck and a deep-rooted understanding of the game. But, here lies the problem: if sports betting is partially based on knowledge, then is it genuinely gambling in its purest form? Now, on the preference between sports betting and the lottery, its a spectrum of knowledge and ignorance. Some delve into the world of sports betting because they feel a sense of control due to their expertise. Others shy away because of their lack of sports knowledge, and the lottery provides that equalized platform where everyone, knowledgeable or not, stands the same chance. Its an arena where understanding is secondary, and luck reigns supreme. Intuition tells me that too about sports betting, but it would be really interesting to know about research on this topic which proves that there is a real correlation between knowledge and gains, and the weight of skill in the outcome (I heard once that, in poker, skill is 80% of the probability to win, blackjack 60%, and so on, but I'm not sure about, for example, football bets). My opinion is that we tend to overestimate the weight of knowledge in sports betting. In the end, our knowledge on sports is based on news that are available for everybody, so it has to be hard to be competitive when this info is public, left aside that luck plays a major role too in big wins, while "sure" bets (if there is anything like that) have low odds in exchange.
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wallet4bitcoin
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October 20, 2023, 05:22:12 AM |
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Intuition tells me that too about sports betting, but it would be really interesting to know about research on this topic which proves that there is a real correlation between knowledge and gains, and the weight of skill in the outcome (I heard once that, in poker, skill is 80% of the probability to win, blackjack 60%, and so on, but I'm not sure about, for example, football bets).
My opinion is that we tend to overestimate the weight of knowledge in sports betting. In the end, our knowledge on sports is based on news that are available for everybody, so it has to be hard to be competitive when this info is public, left aside that luck plays a major role too in big wins, while "sure" bets (if there is anything like that) have low odds in exchange.
I frankly do not see the possibility in the metrics with which their analysis or conclusion is drawn. Even the best of analysts, when it comes to gambling, can have his professionalism challenged with the outcome of a speculation. The gambling companies are in it for business and if everything goes as a professional analyst speculates then, it's only a matter of time before there is no business for the company.
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mak013
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October 20, 2023, 11:58:08 AM |
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Intuition tells me that too about sports betting, but it would be really interesting to know about research on this topic which proves that there is a real correlation between knowledge and gains, and the weight of skill in the outcome (I heard once that, in poker, skill is 80% of the probability to win, blackjack 60%, and so on, but I'm not sure about, for example, football bets).
My opinion is that we tend to overestimate the weight of knowledge in sports betting. In the end, our knowledge on sports is based on news that are available for everybody, so it has to be hard to be competitive when this info is public, left aside that luck plays a major role too in big wins, while "sure" bets (if there is anything like that) have low odds in exchange.
I told before that i was in group with real sport prediction. It wasn`t fake group, that we see often around us. I made from 4 to 20 bets per day but i didn`t count the winrate. And i don`t think that it can be a success criteria. We can win odds 1.2-1.5 four times per day without losing or we can lose three times and win one time 10 odd. And the profit would be higher with big odd. Difference(or ratio) between deposit and withdraw can be more interesting.
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