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Author Topic: Lotteries and possibility vs. probability  (Read 5830 times)
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October 26, 2023, 01:59:55 PM
 #721

-cut-
So over all, lottery is for the most lucky people or gamblers, and also for the patient, for the impatient gambler will probably play the lottery once, loss and never come back to try again, chances are that, an average gambler may lose the lottery game a hundreds or even more times, before he or she have any chances of ever winning.
Lottery isn't a winners game. Amount of people playing it and losing is way higher then people losing in casino games.
Take jackpot, let's say Megamillions for example. Changes to win it are 1 in 302.6 million.

Slots have a bad odds for winning jackpot too but they are way higher. According to investopedia article "one-in-5,000 to one-in-about-34-million chance of winning", and since odds in slots are bad, people turn to other casino games, table or even sports betting. Games that have lower house edge. Those are not bringing huge jackpots so they are not as inviting for players like me for example, as for me this is all about luck and big multipliers. If i would want to have better odds, i would be definitely playing blackjack as that has lowest one, if one just follows some simple rules playing it.
On just simply looking at the odds then you could really be able to tell that its not really that something that you could be able to hit up even if you do have that long lifespan and continously betting on everyday.  Grin

This is why it would really be that always a best approach on dealing up with lotteries or sweepstakes that you should not really be that anticipating or really that being too positive on winning the lottery would really be just that making you that betting even more on which it isnt really that recommended in doing so. If you do have just some spare amount of money then it wont really be that bad to throw up some bucks into lottery.
Just make it sure that you arent really that spending that much when it comes to lottery tickets because if you do then it would really be that still significant when the time comes.
This is why you should really be mindful and careful when it comes your spending.

Ticket purchases are cheap but since you would really be making bets on everyday then there time come then it would be something that you would really be that significant.
Just dont make yourself that desperate then you should really be just fine and if you do really that make yourself that enjoying on betting on lotteries then go ahead.
Just dont make yourself that messed up.

Buying cheap tickets that have remote possibilities of giving you a win, but are cheap even bought by the dozen is - statistically speaking - clearly and provably a losers game. However, there is nothing wrong in playing tickets from time to time because it is like a way of keeping hope for the future alive for many people who will never have any other way of making significant money.

I think I said everything in a few words, I also think that things can be like that, based on the porabblbhiades and statistics, the chances of winning the lottery are quite remote, you would have to be very lucky and even have many numbers purchased, because They are new because it is not ideal, because it would be a lot of expense and the safest thing is that you will not win, plus things when they are possible are always like that, if they were numbers that were from 1 to 100 the possibilities are worth the It's a shame, but if they are Numbers that go up to 1000, the opsibldaides come down to the fact that it is almost impossible to win, but as I said, some people are always looking to win and spend money in these lotteries, but that being the case, it is something of faith. In other instances there are games that are more difficult to win because they are 4 figures, just as they are in the lottery like the ballot, and I have a friend who always plays it, he always goes to Colombia every day to search and play the ballot, and he has faith that one day he will win, so these are things that can happen but the possibilities are minimal.

I would think that when a person has their faith in gnmar and from there no one knows, then these things are that if you calculate, they spend around 2 dollars a day, which means that things can be very large in amount, and well of course, more than 600usd in the years that will be spent because I don't Know if they are worth it , of course if you win the jackpot then that luck would be Unique, the truth is I don't assume that type of luck, because obviously things can happen, but there are 4 Figures that you have to hit, and I see them as very difficult, they are very hard and well, it is something that I do not see is possible , at least for me, that friend who He plays every day because Something is in his favor, he tells me that he doesn't keep track of what he spends, because what he sees is that his hope is the only one and Winning that baloto.

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October 26, 2023, 04:20:19 PM
 #722

However, I have a different opinion when someone has nothing wrong with spending a small part of their money to buy lottery tickets such as $0.1 to buy 5 tickets or 10 tickets and that is not a big number for everyone and it would be better to do it only when you have money but according to I think everyone can afford to have $1 every day and there is no problem losing $1 to try their luck at getting the jackpot from the lottery.
We will never know when we will be lucky and buying lottery tickets with the smallest amount will not make us poor as long as we can consistently think that this is just an attempt to get lucky.
It is just testing luck. There is no problem, when you have an opportunity to spend this $1. But if you have to choose to buy bread or lottery ticket - it is not a good time for testing luck.
And, the same time i don`t think that it is a clever decision to believe that you can become the winner between 10.000.000 people. I`d prefer to buy coffee.
I can respect your opinion because everyone has a different point of view and even if you prefer to buy coffee rather than buying a lottery ticket, that's a wise decision, but for me personally, luck will come to someone who is willing to try, even though the chance of winning is very small, but we everyone doesn't know when luck will come so I keep buying small amounts but can still buy coffee and enjoy this sensation.

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October 26, 2023, 10:59:50 PM
 #723

However, I have a different opinion when someone has nothing wrong with spending a small part of their money to buy lottery tickets such as $0.1 to buy 5 tickets or 10 tickets and that is not a big number for everyone and it would be better to do it only when you have money but according to I think everyone can afford to have $1 every day and there is no problem losing $1 to try their luck at getting the jackpot from the lottery.
We will never know when we will be lucky and buying lottery tickets with the smallest amount will not make us poor as long as we can consistently think that this is just an attempt to get lucky.
It is just testing luck. There is no problem, when you have an opportunity to spend this $1. But if you have to choose to buy bread or lottery ticket - it is not a good time for testing luck.
And, the same time i don`t think that it is a clever decision to believe that you can become the winner between 10.000.000 people. I`d prefer to buy coffee.
I can respect your opinion because everyone has a different point of view and even if you prefer to buy coffee rather than buying a lottery ticket, that's a wise decision, but for me personally, luck will come to someone who is willing to try, even though the chance of winning is very small, but we everyone doesn't know when luck will come so I keep buying small amounts but can still buy coffee and enjoy this sensation.
Buying a lottery tickets can be profitable if we have the luck that will keep us going. Those that bought several tickets so they can win might not even have the luck to win the lottery. Sometimes we just need to take some risks trying our luck out rather than trying not to take that risk. Lottery games can be profitable to those that know how to find their way or manipulate the system. Lottery can be a good substitution for gambling loses especially when we have made so many loses. In order to relax and rest for a while, we can decide to try lottery games if we can have a lucky winning.

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October 26, 2023, 11:28:54 PM
 #724

However, I have a different opinion when someone has nothing wrong with spending a small part of their money to buy lottery tickets such as $0.1 to buy 5 tickets or 10 tickets and that is not a big number for everyone and it would be better to do it only when you have money but according to I think everyone can afford to have $1 every day and there is no problem losing $1 to try their luck at getting the jackpot from the lottery.
We will never know when we will be lucky and buying lottery tickets with the smallest amount will not make us poor as long as we can consistently think that this is just an attempt to get lucky.
It is just testing luck. There is no problem, when you have an opportunity to spend this $1. But if you have to choose to buy bread or lottery ticket - it is not a good time for testing luck.
And, the same time i don`t think that it is a clever decision to believe that you can become the winner between 10.000.000 people. I`d prefer to buy coffee.
I can respect your opinion because everyone has a different point of view and even if you prefer to buy coffee rather than buying a lottery ticket, that's a wise decision, but for me personally, luck will come to someone who is willing to try, even though the chance of winning is very small, but we everyone doesn't know when luck will come so I keep buying small amounts but can still buy coffee and enjoy this sensation.
Buying a lottery tickets can be profitable if we have the luck that will keep us going. Those that bought several tickets so they can win might not even have the luck to win the lottery. Sometimes we just need to take some risks trying our luck out rather than trying not to take that risk. Lottery games can be profitable to those that know how to find their way or manipulate the system. Lottery can be a good substitution for gambling loses especially when we have made so many loses. In order to relax and rest for a while, we can decide to try lottery games if we can have a lucky winning.
What about manipulating lottery?
How you would really be able to do that?

No matter what you do or even you would really be that buying tons of tickets but still the chance or odds of hitting lottery jackpots would really be that too far.
There's no way that you could really be able to win up lottery if you arent that extremely lucky. This is why you should really be that making yourself aware about the chance or odds on hitting up lottery no matter what the form it would be on which this would really be that needing that extreme luck for you to be able to hit up that jackpot.

Dont make yourself that be too optimistic or really that believing that hitting those numbers would really be that easy. Also, you should really be that
only spend with those few bucks on non impulsive manner.
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October 27, 2023, 07:34:22 AM
 #725

Buying cheap tickets that have remote possibilities of giving you a win, but are cheap even bought by the dozen is - statistically speaking - clearly and provably a losers game. However, there is nothing wrong in playing tickets from time to time because it is like a way of keeping hope for the future alive for many people who will never have any other way of making significant money.
As for me it is a bad idea. If someone has no money - buying tickets just decreases money, he needs for living. Of course, he has a chance to win big prize, but the main part of such gamblers just lose their money. And it isn`t an "everyday cup of coffee", it looks more everyday bread. It would be better to spend these money on something really important than trying to catch a luck.
Seeking or trying your luck from lottery betting is not detrimental thing in my opinion as long as he can manage it (financially).
Remember that betting on the lottery by buying tickets will not lose excessive amounts of money because lottery bets can be made in very low amounts even lower than other bets plus with this small amount gamblers can make profits many times over if they are lucky.

Moreover lottery bets cannot be found every day if only one lottery betting provider is trusted.

I sure that nominal amount won't buy anything and even buying just one loaf of bread won't be enough.
It is just one of habits that get your money. Buying everyday coffee in Starbucks, smoking, junk food - all these things get a small part of your money. You can afford it and doesn`t count it, but as the result you spend some sum(sometimes big enough) for nothing good. Of course you can continue to do it, and the lottery is not the worst choice, but it looks like one more way tp spend money for nothing.


It is just testing luck. There is no problem, when you have an opportunity to spend this $1. But if you have to choose to buy bread or lottery ticket - it is not a good time for testing luck.
And, the same time i don`t think that it is a clever decision to believe that you can become the winner between 10.000.000 people. I`d prefer to buy coffee.

Well, drinking coffee is another way to get your daily punch of dopamine, but I don't think that it is necessarily a more clever behavior than playing lotteries. If you only mentioned another food with a higher nutritional value...

In fact, even the homeless wouldn't notice any difference in most countries if he spent $1 once in a week or in a month, while the hope he can feel by playing can save him from a deeper depression or even suicide. Of course, in an extreme case anyone would choose bread before lottery, but do you still think that it is always better to buy coffee instead?
The coffee is just an example. The price of the ticket in my country is often between bread and a cup of coffee, so it is easy to compare. If i want coffee - i make it myself mostly.




It is just testing luck. There is no problem, when you have an opportunity to spend this $1. But if you have to choose to buy bread or lottery ticket - it is not a good time for testing luck.
And, the same time i don`t think that it is a clever decision to believe that you can become the winner between 10.000.000 people. I`d prefer to buy coffee.
I can respect your opinion because everyone has a different point of view and even if you prefer to buy coffee rather than buying a lottery ticket, that's a wise decision, but for me personally, luck will come to someone who is willing to try, even though the chance of winning is very small, but we everyone doesn't know when luck will come so I keep buying small amounts but can still buy coffee and enjoy this sensation.
Of course everybody have his own way and i can`t criticize someone, if they don`t make troubles for other people. And if there are no problem with money - it isn`t a problem to spend some part of them as you want, but when you test luck the lottery owner gets your money.
PS. I still buying some tickets as a small present - it looks nice and the price is small enough.

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October 27, 2023, 10:29:17 AM
 #726

In recent times in my country I have seen that people have started to choose to place multibet bets with many teams so that the odds can exceed values such as @500.00x this allows people to bet 1$ and if they manage to get it right, then they win a lot of money, this was the strategy used by people so that the chances of putting in a little money and winning a lot of money in games of chance are greater than buying lottery tickets, which are much more difficult for someone to win. Spending time and money on the lottery, in my opinion, is not something that brings an advantage. This is because a person could spend 10 years playing every day and still never get anything right.

So people see that when they buy lottery tickets they won't win anything and can go years without winning, so they look for other options that are better and in that search, they find sports bets which are games that don't depend on luck, sports betting being games that They depend on skills, so making multibet bets with very high odds and placing little money to bet, the chances of them getting the bet right and winning a lot of money are much higher than playing a slot or index game with high multipliers. for example I saw news that the country that is close to my country, last week many people from that country hit multibet bets with very high odds which made many people win a lot of money

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October 27, 2023, 12:10:43 PM
 #727

In fact, all the time one of the lottery participants repeats some of the same numbers and their sequences, for example, the date of one’s birth, this can be regarded as superstition.  But many people treat such superstition as a magic number that once was something memorable and significant for them.  And they constantly write the same numbers, believing that the probability of winning again from such a lucky number is higher.  But it is clear that this is not at all the case.  

But still, most lottery players, it seems to me, still choose numbers quite randomly.  By the way, it’s interesting how these random numbers come to a person’s head, why are they exactly like that?

When it comes to repeating numbers, I have a real-life experience with that, one of my relatives plays the lottery on a daily basis. Just like what others do, she bet on the same number for almost 20 years I guess? those numbers came from her dream and believes that those are her lucky numbers but she never wins a single penny. I think, winning in the lottery is just pure luck because it doesn't require any gambling experience as long as you have money to buy tickets. Some people pick random numbers based on their birthdays, important dates of events, and based on their instincts.
I also read to deal with such situations when it comes to a number, I also have experience in real life where I played the lottery. But I didn't play the lottery for a long time because I won the lottery for a few days but my luck was so bad that I never won so I gave up on this lottery. When I say the numbers right after I win the lottery, they do a crazy thing inside me that leaves me very confused. But you said here that he has been coming with the same lottery number for 20 years but I think it might be stupid or wrong to do this. And as far as I know, I have never seen a dream come true, a dream remains a dream, it never comes true, and since he won the lottery after seeing the number of his dream, he could not pay anything until now. If he picks good random numbers in the lottery, he might win, but if he plays the same numbers over and over again, he may never win.

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October 27, 2023, 01:37:17 PM
Merited by tusandii (1)
 #728

However, I have a different opinion when someone has nothing wrong with spending a small part of their money to buy lottery tickets such as $0.1 to buy 5 tickets or 10 tickets and that is not a big number for everyone and it would be better to do it only when you have money but according to I think everyone can afford to have $1 every day and there is no problem losing $1 to try their luck at getting the jackpot from the lottery.
We will never know when we will be lucky and buying lottery tickets with the smallest amount will not make us poor as long as we can consistently think that this is just an attempt to get lucky.
It is just testing luck. There is no problem, when you have an opportunity to spend this $1. But if you have to choose to buy bread or lottery ticket - it is not a good time for testing luck.
And, the same time i don`t think that it is a clever decision to believe that you can become the winner between 10.000.000 people. I`d prefer to buy coffee.
I can respect your opinion because everyone has a different point of view and even if you prefer to buy coffee rather than buying a lottery ticket, that's a wise decision, but for me personally, luck will come to someone who is willing to try, even though the chance of winning is very small, but we everyone doesn't know when luck will come so I keep buying small amounts but can still buy coffee and enjoy this sensation.
You are right and I completely agree with you, it is good to drink coffee, but even while at it, we can as well but some lottery tickets, for we never can tell what will happen through those tickets.

When comparing money spent on coffee to that spent on lottery tickets, I can personally say that I perceive money spent on buying lottery tickets as money kind of invested because there is a chance of good profit if the buyer is lucky.
But money spent on buying a coffee is like money thrown away, as there is no chance of making any profit from such money, aside the enjoyment and pleasure felt while drinking the coffee, outside of this, that money is like money thrown inside a toilet since the coffee will eventually be pissed out.

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October 27, 2023, 02:28:15 PM
 #729


You are right and I completely agree with you, it is good to drink coffee, but even while at it, we can as well but some lottery tickets as well, for we never can tell what will happen through those tickets.

When comparing money spent on coffee to that spent on lottery tickets, I can personally say that I perceive money spent on buying lottery tickets as money kind of invested because there is a chance of good profit if the buyer is lucky.
But money spent on buying a coffee is like money thrown away, as there is no chance of making any profit from such money, aside from the enjoyment and pleasure felt while drinking the coffee, outside of this, that money is like money thrown inside a toilet since the coffee will eventually be pissed out.
Well a cup of coffee can still boost your morale to make some more money from your work,  but losing from the lottery can drain you of that motivation,  so I say both lottery ticket and money spent on Cofee is and are all the same unless in rear cases which we can't rely on to make any judgement about this, anyways we have to also take the time to place everything around each other and not try to compare what is not comparable at some point.

Doing that may drain us from engaging in more active and relevant discussions,  and to avoid that we need to focus more on the most relevant of them all which is proper money management.
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October 27, 2023, 03:02:55 PM
 #730


You are right and I completely agree with you, it is good to drink coffee, but even while at it, we can as well but some lottery tickets as well, for we never can tell what will happen through those tickets.

When comparing money spent on coffee to that spent on lottery tickets, I can personally say that I perceive money spent on buying lottery tickets as money kind of invested because there is a chance of good profit if the buyer is lucky.
But money spent on buying a coffee is like money thrown away, as there is no chance of making any profit from such money, aside from the enjoyment and pleasure felt while drinking the coffee, outside of this, that money is like money thrown inside a toilet since the coffee will eventually be pissed out.
Well a cup of coffee can still boost your morale to make some more money from your work,  but losing from the lottery can drain you of that motivation,  so I say both lottery ticket and money spent on Cofee is and are all the same unless in rear cases which we can't rely on to make any judgement about this, anyways we have to also take the time to place everything around each other and not try to compare what is not comparable at some point.

This sure is a good point and another perspective to the whole thing, but I guess our opinions differs based on who understands the real importance of coffee to his or her day to day activities and who does not. Like myself, I can't remember when last I had a coffee, maybe 2012 or 2011, yeah, this tells you it's a substance I am not used to, but like I said, you are right, judging from how we like or dislike coffee.

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Doing that may drain us from engaging in more active and relevant discussions,  and to avoid that we need to focus more on the most relevant of them all which is proper money management.
It all adds up at the end of the day, a tree has many branches, and that is what makes it a tree, for without those branches, some may like refer to it as a stick.
So I guess you understand what I mean.

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October 27, 2023, 05:57:24 PM
 #731

Doing that may drain us from engaging in more active and relevant discussions,  and to avoid that we need to focus more on the most relevant of them all which is proper money management.
It all adds up at the end of the day, a tree has many branches, and that is what makes it a tree, for without those branches, some may like refer to it as a stick.
So I guess you understand what I mean.

I think that you are both right. Coffee is anecdotical here, but it serves to compare the subjective value of a lottery ticket in comparison to a consumer good which costs more or less the same.

Recapping, I would say that the important thing is the reward we get from both items, and that reward is mostly subjective: those who like coffee value the taste, energy, etc. it provides, while those who don't like it see it as a waste that goes down the toilet; on the other hand, those who like lottery see it as a cheap way to dream, to keep hope on a dear life (possibility), while those who focus on the chances (probability) see it as a waste instead.

Fivestar4everMVP, who seems to share my point of view on the topic, even mentioned that he sees lottery as an investment. I wouldn't go so far either, although it is true to some extent, and prefer to see it as a consumption. I think that seeing it like this is a good strategy to avoid buying more tickets than those strictly necessary to keep dreaming, because in this game where probability is practically zero, more is less.

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October 28, 2023, 12:53:38 PM
 #732

Buying a lottery tickets can be profitable if we have the luck that will keep us going. Those that bought several tickets so they can win might not even have the luck to win the lottery.

That's true, it has to be on luck base, when we are going for lottery,then we should look more on the aspect of what luck may bring our way than the struggles in numbers of slot we may try to acquire, that is why it's not by work but by luck, some have made several encounters in applying using different spots yet unlucky, while some will only launch their first attempt and made it in.

Buying a lottery tickets can be profitable if we have the luck that will keep us going. Those that bought several tickets so they can win
Sometimes we just need to take some risks trying our luck out rather than trying not to take that risk. Lottery games can be profitable to those that know how to find their way or manipulate the system.

Does using tricks even applies to the use of lottery, if it's that possible then many would have abused it longed time ago just as they do behave in gambling
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October 28, 2023, 02:28:35 PM
 #733

-snip-
You are right and I completely agree with you, it is good to drink coffee, but even while at it, we can as well but some lottery tickets, for we never can tell what will happen through those tickets.

When comparing money spent on coffee to that spent on lottery tickets, I can personally say that I perceive money spent on buying lottery tickets as money kind of invested because there is a chance of good profit if the buyer is lucky.
But money spent on buying a coffee is like money thrown away, as there is no chance of making any profit from such money, aside the enjoyment and pleasure felt while drinking the coffee, outside of this, that money is like money thrown inside a toilet since the coffee will eventually be pissed out.
Finally there is someone who can understand what I am saying and that is what I mean as you explained and in conclusion it is only possible that the luck of getting a jackpot from togle is very small or almost impossible due to many factors such as manipulation etc but we must not forget that this is done automatically fun or just trying your luck and gambling is about luck, it would not be possible to suddenly have large amounts of money come to us without doing anything, isn't that right?
So buying a lottery ticket like this as some people say here is like a small investment and if we are lucky we will get the jackpot rather than doing nothing or just buying coffee but having the desire to get a large amount of money which won't happen when we just buy food or drinks.

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October 29, 2023, 08:30:03 PM
 #734

However, I have a different opinion when someone has nothing wrong with spending a small part of their money to buy lottery tickets such as $0.1 to buy 5 tickets or 10 tickets and that is not a big number for everyone and it would be better to do it only when you have money but according to I think everyone can afford to have $1 every day and there is no problem losing $1 to try their luck at getting the jackpot from the lottery.
We will never know when we will be lucky and buying lottery tickets with the smallest amount will not make us poor as long as we can consistently think that this is just an attempt to get lucky.
It is just testing luck. There is no problem, when you have an opportunity to spend this $1. But if you have to choose to buy bread or lottery ticket - it is not a good time for testing luck.
And, the same time i don`t think that it is a clever decision to believe that you can become the winner between 10.000.000 people. I`d prefer to buy coffee.
I can respect your opinion because everyone has a different point of view and even if you prefer to buy coffee rather than buying a lottery ticket, that's a wise decision, but for me personally, luck will come to someone who is willing to try, even though the chance of winning is very small, but we everyone doesn't know when luck will come so I keep buying small amounts but can still buy coffee and enjoy this sensation.
We all have different opinions to lottery games and some peeps will always see lottery as a no option for them because this is mostly badsed on luck and it's not something that we need to be skilled for us to make profits. Results are mostly selected form random of so many numbers. This like of bet is not always certain for us to make profits and I think that is the reasons why some persons thinks that lottery is not the best for them. If he decided to use his fund to buy coffee or something else rather than betting on lottery then the reason is best known to him.









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October 29, 2023, 08:50:44 PM
 #735

When comparing money spent on coffee to that spent on lottery tickets, I can personally say that I perceive money spent on buying lottery tickets as money kind of invested because there is a chance of good profit if the buyer is lucky.
But money spent on buying a coffee is like money thrown away, as there is no chance of making any profit from such money, aside the enjoyment and pleasure felt while drinking the coffee, outside of this, that money is like money thrown inside a toilet since the coffee will eventually be pissed out.
Are you for sure!? If we are going to apply your logic then we can say anything we drink or eat is a waste of money as it's going to be throwing away eventually. Do you suggest that we should stop drinking coffee, beers. and eating donuts, pizzas. because it's a waste of money and instead we should use that money to buy lottery tickets? I hope I got you wrong here!

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October 29, 2023, 09:18:32 PM
 #736

Are you for sure!? If we are going to apply your logic then we can say anything we drink or eat is a waste of money as it's going to be throwing away eventually. Do you suggest that we should stop drinking coffee, beers. and eating donuts, pizzas. because it's a waste of money and instead we should use that money to buy lottery tickets? I hope I got you wrong here!
I also don't agree with his opinion, we shouldn't compare the lottery with the need for food and drink, I also don't agree that he considers the lottery as an investment even though you think the lottery will have the opportunity to get high profits. However, imagine if you had wasted buying lottery tickets instead of buying food, you might never win high profits from the lottery compared to the capital you spent buying the lottery.

I also buy the lottery but I don't prioritize all my funds to buy the lottery, the game doesn't guarantee you will win and can't even recover your losses, so I buy the lottery if I have remaining funds from buying coffee and food.

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October 29, 2023, 09:39:12 PM
 #737

Lotteries are games of chance and luck and in every 100 lottery ticket buyers, 99 will lose and only 1 can be lucky to win, this is how hard the lottery is to win and that is why i personally view and take the lottery as the most real gambling since everything entirely depends on luck and nothing else and at some point we have to be proactive in some of the approaches we conceive around all of this things and how best we allow them to interfere with what we do most times and how we select our lottery tickets number and our expectations around it.

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October 30, 2023, 01:57:42 AM
Last edit: October 30, 2023, 02:11:57 AM by Oilacris
 #738

When comparing money spent on coffee to that spent on lottery tickets, I can personally say that I perceive money spent on buying lottery tickets as money kind of invested because there is a chance of good profit if the buyer is lucky.
But money spent on buying a coffee is like money thrown away, as there is no chance of making any profit from such money, aside the enjoyment and pleasure felt while drinking the coffee, outside of this, that money is like money thrown inside a toilet since the coffee will eventually be pissed out.
Are you for sure!? If we are going to apply your logic then we can say anything we drink or eat is a waste of money as it's going to be throwing away eventually. Do you suggest that we should stop drinking coffee, beers. and eating donuts, pizzas. because it's a waste of money and instead we should use that money to buy lottery tickets? I hope I got you wrong here!
Also,its never been that considered to be an investment just like as mentioned on which it is really that clearly that guy above doesnt really know on what gambling is and its never been that considered to be an investment. Lets say the amount of money is really just that small for you to worry on but still if it would be accumulated overtime then it would really be that significant and this is something
that is very normal. This is why it would really be that important that you should really know on what to do and how much you would really be allocating for buying tickets.
Why would really be tending to dragged about eating food and drinking something yet this had been a normal stuff in our lives and has nothing to do with gambling.
We do of course be spending on something like this.
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October 30, 2023, 02:34:41 AM
 #739

Lotteries are games of chance and luck and in every 100 lottery ticket buyers, 99 will lose and only 1 can be lucky to win, this is how hard the lottery is to win and that is why i personally view and take the lottery as the most real gambling since everything entirely depends on luck and nothing else and at some point we have to be proactive in some of the approaches we conceive around all of this things and how best we allow them to interfere with what we do most times and how we select our lottery tickets number and our expectations around it.
This is the reason why everytime I buy lottery ticket (because I have numbers in mind) I consider it as a throw away money since the chance to win is close to impossible. However, even that is the case it's not a pain to try our luck especially the ticket is not expensive to have a regret if you didn't win, well at least you try. Therefore it's not really a waste that we buy ticket instead of buying food, because you'll never know what's going to happen and who knows your bought ticket might change your life. Just don't get your hopes high.

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October 30, 2023, 05:58:31 AM
 #740

Lotteries are games of chance and luck and in every 100 lottery ticket buyers, 99 will lose and only 1 can be lucky to win, this is how hard the lottery is to win and that is why i personally view and take the lottery as the most real gambling since everything entirely depends on luck and nothing else and at some point we have to be proactive in some of the approaches we conceive around all of this things and how best we allow them to interfere with what we do most times and how we select our lottery tickets number and our expectations around it.
It will be more realistic if you say that win ticket is one in every 100.000. So, if it gives emotions - it is interesting enough(i don`t believe in the win with such chances, so i don`t buy tickets for myself), but if the purpose is to get money - it is a problem i think. It is true for all gambling i think - when you ready to lose money for emotions - it is exciting, but when you begin trying get stable profit - it becomes a job with big chances to lose.

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