Collective bets in local lotteries

[DoublerHunter]

Would like to know your takes on betting as a group to raise chances in local
Lotteries

^ By participating in a lottery as a group and collectively purchasing a large number of tickets, you increase the overall number of combinations you are playing. This can raise the probability of winning some smaller prizes or even hitting the jackpot. The chances may still be slim, but there have been instances in Brazil, as you mentioned, where local lottery prizes were won by small groups of people who joined together to buy a significant number of tickets. I cant imagine who they will divide the reward if there are too many of them who participated.

[PX-Z]

Sounds like a good dream and a good team, but I only think the winning outcome will be worst. Just like the previous news i read here of joining bet and winning the bet where the other one steal all the pot from the other.

[uneng]

Collective bets are common in Brazil inside companies, institutions and groups of friends. People reunite 30-50 members and place a bet with different possible results to maximize their earning chances and in case they win the money is splitted among everyone. Since the prize is huge, it totally worths in my opinion, although I still think it's really hard to win the jackpot prize, despite the high number of people involved on the partnership.

If they are lucky enough, they might not win the biggest prize, but the minor ones, which will be also splitted among everyone, so they can use the profit to try once again or to just enjoy the money as they wish.

[Fatunad]

Would like to know your takes on betting as a group to raise chances in local
Lotteries

I know that mathematically the chances are still really low even if you multiply it 100x but in Brazil at least we’ve seen some local lottery prizes given for small groups of 20 or 30 people betting betting with 5000x tickets let’s say

If dreaming alone is cool dreaming in groups can be even better

As long you would be able to find up those people on whom you can trust then having those in groups would really giving out those chances and its better to have it rather than to be alone but if we do speak about
trust then this is something that would really be the issue. The main question is, who would be the one would really be holding up those tickets? This is something that you would really be boggling up
but if there's something you could be able to entrust on holding those tickets among the group then its good but always have the risks because winnings could really be ran away of that certain person.
This is why it would really be that not shocking that people would really be making out bets on their own rather than on joining with some groups just to have that kind of intent on which it is something
that had been done by some groups and its true that having those numbers of tickets in a group is much more better on having that kind of winning than on going solo. But the question is, how you would be able to
feel that if you are the ones who do make out such combinations and it do landed on your number combinations? For sure you would really be having that extreme regret on that regard.  

[dothebeats]

It is not new for this kind of betting pattern to happen. There are tons of stories in recent times about a group of people chipping in to bet on lotteries in huge volumes. The goal is to not always hit the jackpot, but to at least get some numbers that will still net a reward and get a ton of it on the draw date and exchange it for cash. You can do this alone if you have the means to be on the lottery at record speed, and have funds to bet on. You can also convince some of your friends to bet with you and pool your money to win the lottery. Though chances are, if you are not betting in the figures of millions of dollars worth of tickets, you will not profit off of it and would most likely be wasting your time and your money on this doomed plan.

[ralle14]

You already mentioned the chances don't change as much, so having that slight increase by joining a group doesn't seem worth it and in exchange, you'll have to split the prize with the group.

Those who are desperate to win a lottery will probably take the best chance they can find, but for me, i'd rather bet alone than do it in groups. I'm not against betting as a group, but if the difference isn't that significant, you might as well stick with your bets.

[ethereumhunter]

It's a good idea to pool the money together as a group. But the problem is how the tickets are distributed and if one person wins, won't the others feel jealous? Or will the winnings be divided according to the number of people in the group?

Maybe it can be tried but we have to ensure who can be in that group. We could choose our close friends to be a group so there is no jealousy or other feelings.

[topbitcoin]

Would like to know your takes on betting as a group to raise chances in local
Lotteries

I know that mathematically the chances are still really low even if you multiply it 100x but in Brazil at least we’ve seen some local lottery prizes given for small groups of 20 or 30 people betting betting with 5000x tickets let’s say

If dreaming alone is cool dreaming in groups can be even better

Yep, at least it's more likely than doing it yourself but it's still a bit tricky in terms of the final prize distribution at the end.
Unless everyone has agreed on the number of tickets purchased and the amount of prizes they will get if they are lucky.
But on the other hand, gathering people like this will be a little complicated, especially with the number of tickets purchased by each person, which obviously must have the same level or the same amount, which could be a hindrance.

I don't really like lotteries but indeed if there are people who like games like this I think the way OP did can still be an alternative.

[Strongkored]

The chance of being in a group to become a winner will increase but the prize will still be small because it has to be shared equally with other members so that the dream is not a very sweet dream because the amount won may not be life-changing because the value is small if the distribution of the percentage of prizes is based on the number tickets owned by each member of the group so having more tickets will allow us to get bigger prizes but of course, the money used is also bigger than other members.
If I have to choose, then individually it will be my choice, even though I don't know how long I will be able to win the prize but once we can get it it will be a dream come true and very sweet, and it could potentially be life changing.

[coin-investor]

Maybe it can be tried but we have to ensure who can be in that group. We could choose our close friends to be a group so there is no jealousy or other feelings.

We really never know our friend until there's money involved, friends will agree on the terms when you're betting but it's different when you all win, there's also betrayal and quarrel along the way like if the person who thinks of the number ask for more shares.

So many things have to be settled or at least get the help of an attorney so you can all be guided on how to proceed in case your group the jackpot so everybody is bounded by an agreement created by lawyers, to avoid this hustle its better to just bet on your own if you hit the jackpot there is no agreement to follow.

[TravelMug]

Would like to know your takes on betting as a group to raise chances in local
Lotteries

I know that mathematically the chances are still really low even if you multiply it 100x but in Brazil at least we’ve seen some local lottery prizes given for small groups of 20 or 30 people betting betting with 5000x tickets let’s say

If dreaming alone is cool dreaming in groups can be even better

Still a game of chances though, so even if you increased your chances, if lady luck is not going to smile on you, then I doubt that you can win your bet as a group of collective bets.

But we couldn't take away this from the persons that are doing this, maybe who knows, this small groups will hit that jackpot or at least won some money.

For me though, I would rather go lone wolf, just saying.

[Dave1]

Maybe it can be tried but we have to ensure who can be in that group. We could choose our close friends to be a group so there is no jealousy or other feelings.

We really never know our friend until there's money involved, friends will agree on the terms when you're betting but it's different when you all win, there's also betrayal and quarrel along the way like if the person who thinks of the number ask for more shares.

So many things have to be settled or at least get the help of an attorney so you can all be guided on how to proceed in case your group the jackpot so everybody is bounded by an agreement created by lawyers, to avoid this hustle its better to just bet on your own if you hit the jackpot there is no agreement to follow.

This is also what I thought, I remember when I was a kid there was one story in our neighborhood wherein some individuals will asked a person to go to a lottery and put a bet on them. So usually this goes on smooth for months or for years, until suddenly when one of his patrons won a decent amount, it's not a the jackpot but like 5 out 6 numbers. But this man disappears and taking the winnings by himself and he was never seen again. And as you have said, when money is involved, even small amount, you really don't know what people are going to do.

[Dunamisx]

Would like to know your takes on betting as a group to raise chances in local
Lotteries

Anything that has to do with a collective efforts is not always a take for someone like me because there will always be a means of having serious misunderstandings at the end, being on a collective lottery application does not increases the chances of being accepted but rather have some way of making things more complicated when there's an opportunity coming after the application.

If dreaming alone is cool dreaming in groups can be even better

Or could be even worse than ever anticipated for, anything that has to do with group is not what anyone can take or accept like that.

[Gozie51]

It's not that different from people pooling funds to invest in some shitcoin I guess? I don't like the idea to be honest since you never really know what other people may do if given the opportunity to take huge money for themselves. It's probably a fun thing to do but it's not my thing. I would rather buy lottery tickets myself with my own money.

What about the chances of one of the team try to scam others in the pool if the bet becomes a win? This is possible like in investment and ico coins where there are alot of ingenuity. Out of 12, there could be a "Judas", so the chances are also there that some one or few might play smarter to side track the winning. However, the only purpose and can point out by making such pool of resources is that the amount to invest might be smaller since it is a group but other than that, it might be better buying the lottery ticket as an individual.

[n0ne]

Whether it is local lottery or something universal the winning chance is all connected with the luck factor. With these kind of groups the winning probability can be increased. However these are just kind of trick, and the same doesn't assure wins in few trials or within limited spending.

When it comes to lottery or gambling it is always good to be individual participation than as a group. Surely there'll be conflict between the group members. At some situation if a group have bought lotteries of specific number and missed it by small difference, surely someone could've requested to buy those lotteries earlier and the same could be problematic.

[aioc]

Would like to know your takes on betting as a group to raise chances in local
Lotteries

I know that mathematically the chances are still really low even if you multiply it 100x but in Brazil at least we’ve seen some local lottery prizes given for small groups of 20 or 30 people betting betting with 5000x tickets let’s say

If dreaming alone is cool dreaming in groups can be even better

I don't think it can be better, all ticket has a chance, and the group's chance is the same as all the other bettors even those with one ticket, we've read bettors who won on their first bets, so with this, I prefer to bet on my own no complication no agreement or terms and no issues when one of the group's ticket hit the jackpot and of course, you want to be anonymous when you hit the jackpot, something that will not happen if you are part of the group.

[lizarder]

Would like to know your takes on betting as a group to raise chances in local
Lotteries

I have never bet with a group in any form of gambling, so there is no specific description of the results and odds of the lottery.

I know that mathematically the chances are still really low even if you multiply it 100x but in Brazil at least we’ve seen some local lottery prizes given for small groups of 20 or 30 people betting betting with 5000x tickets let’s say

But from some of the sources and replies that I followed in this post, the single method of participating in the lottery would be much better than trying it with a small or large group. There is no sure way to get consistent wins on lottery tickets, so mathematically the chances also depend on how lucky you are. I think?

If dreaming alone is cool dreaming in groups can be even better

And dreaming too much will also affect our sleeping hours and in the end we will lose the positive activities that are carried out every day. LOL

[wiss19]

Well, if you feel that you can get a prize that can be divided into the group equally and all of you will get a good enough amount, you should go ahead and try it, but always make sure that you get together people that won't make any issues later on by saying they won't take this much and want more, or if nothing is won, they shouldn't come to you and start forcing you to return their money because you didn't win any amount in the prizes.

So if you finalize everything and also find the people willing to put their money in with you, make sure you create a contract and get their signatures and explain everything to them that the prize will be equally divided to everyone if won, and there won't be any refunds if the tickets don't win anything.

[Cryptomultiplier]

If dreaming alone is cool dreaming in groups can be even better

Am not going to talk like I know much about lotteries, but I have seen how it has changed lives for my close relative who won, a family friend and one of my Pastor and his family who won and they relocated to the U.S.

I hardly hear about lottery winnings these days, as there has been stricter restrictions and rules for my country and  freebies like lottery wins from bet or taking a chance on an outcome is scarce or people don't just fancy it much.
 BTC trading, forex trading, online gambling and betting I think has more than given individuals more courage for independent living, rather than focus much resources on lottery tickets or lottery winnings.

This idea sure is very valid and I wish it could be done for family groups too. This way there is more trust between the lottery agencies, the individuals involved, the government of these countries.

I love this last line of your essay and it more than explained your point of view.  

[passwordnow]

This is cool and fun actually only if you've got those friends that you really trust. I know that most of those attempts will fail as hitting the lottery is like once in a blue moon. But let's get to the point of what if you actually won, the prize should be split equally on how much you've shared on that bet. I think there's even a place that has done this and most of the town folks have won an incredible amount. I can't remember where it actually happened but it's real and truly fun to know.