Collective bets in local lotteries

[Silberman]

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 have heard about it before but where I live this is not common at all as I do not remember a single case in which the winner of a big prize money was a group instead of an individual, however while this may seem like a nice strategy to do and it may be even fun as now you are sharing your hobby with a bunch of people that like to make small bets as well, the problem arises precisely when you win any amount of money, as now you have a lot of people that could run away with the winning ticket, and unless you can prove in a court of law that you did bought the ticket as a group then that person will keep all the money.

[GigaBit]

Brazil can be the example of such types of bets but I don't think this strategy is very prevalent elsewhere. As winning the lottery is a matter of luck. Also, if there is a lottery at the national level, there is a very small chance that even if the lottery is purchased at the collective level, personally I will not prefer it. This can be done if it seems profitable according to the lottery prize and lottery quantity. If you win in this case, everyone can be benefited. The joy of winning the lottery in a collective way is not the same as the joy of winning the lottery individually.

[Jody.Drummer]

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.

People who can be trusted, that's what you have to have as a team, because you have to remember this is something related to money, which will definitely be more sensitive. Before starting we must really see the personality of our team, and must really have strict rules about this, because it could be that money will change their mindset if they win.
There are things that must be really considered here, such as an agreement if you win or so. This seems like a trivial thing, but if you can't manage it then it will create discord between the teams.

[KTChampions]

Brazil can be the example of such types of bets but I don't think this strategy is very prevalent elsewhere. As winning the lottery is a matter of luck. Also, if there is a lottery at the national level, there is a very small chance that even if the lottery is purchased at the collective level, personally I will not prefer it. This can be done if it seems profitable according to the lottery prize and lottery quantity. If you win in this case, everyone can be benefited. The joy of winning the lottery in a collective way is not the same as the joy of winning the lottery individually.

Even if the chance is small, then playing with a group of 100 people, you increase it by 100 times. I think you will agree that it is more profitable to have a small chance multiplied by 100 than just a small chance. As for the winnings, if it is so big that even a hundredth part of it radically changes your life, then such group games make sense.

[stomachgrowls]

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 have heard about it before but where I live this is not common at all as I do not remember a single case in which the winner of a big prize money was a group instead of an individual, however while this may seem like a nice strategy to do and it may be even fun as now you are sharing your hobby with a bunch of people that like to make small bets as well, the problem arises precisely when you win any amount of money, as now you have a lot of people that could run away with the winning ticket, and unless you can prove in a court of law that you did bought the ticket as a group then that person will keep all the money.

It cant really be known considering that winner would be announced on a certain individual or entity and not as a group because the lottery management would really be only considering that single ticket on which only one

person would really be claiming out and this is why it cant really be known publicly on which it wont really be that surprising.Some people might not able to hear off because its usuallly not really been that announced but rather these would really be these kind of groups is made out personally by a certain close people to each other, unless if they would be making out some announcement locally then it might do.
I dont know if its really that been allowed nor really be that legal on lotteries rules and conditions though but as far as im aware which this one isnt violating anything.

I do agree on the fact that playing or betting out in groups do stood a chance on winning or hitting up the jackpot but on realistically speaking or approach then it isnt really
still that giving that huge chance knowing that even having 100x-5000x tickets wont really be that still making out guarantees on making a hit.

[madnessteat]

Brazil can be the example of such types of bets but I don't think this strategy is very prevalent elsewhere. As winning the lottery is a matter of luck. Also, if there is a lottery at the national level, there is a very small chance that even if the lottery is purchased at the collective level, personally I will not prefer it. This can be done if it seems profitable according to the lottery prize and lottery quantity. If you win in this case, everyone can be benefited. The joy of winning the lottery in a collective way is not the same as the joy of winning the lottery individually.

Even if the chance is small, then playing with a group of 100 people, you increase it by 100 times. I think you will agree that it is more profitable to have a small chance multiplied by 100 than just a small chance. As for the winnings, if it is so big that even a hundredth part of it radically changes your life, then such group games make sense.

Personally, I do not see the sense in it, because increasing the chance of winning in 100 times you reduce the winnings also in 100 times as even if one of the participants of the pool will win the prize the prize will have to be divided on all.

In general, I stopped playing the lottery a long time ago, because the chances of winning are so small that you can buy lottery tickets all your life, but never win. In my opinion, it is much more interesting to play the same slots, dice or poker.

[Falconer]

Brazil can be the example of such types of bets but I don't think this strategy is very prevalent elsewhere. As winning the lottery is a matter of luck. Also, if there is a lottery at the national level, there is a very small chance that even if the lottery is purchased at the collective level, personally I will not prefer it. This can be done if it seems profitable according to the lottery prize and lottery quantity. If you win in this case, everyone can be benefited. The joy of winning the lottery in a collective way is not the same as the joy of winning the lottery individually.

When someone dreams of winning a lot of money from the lottery with their game strategy, then maybe some of us can call it difficult and unreasonable. At my place some lottery gamblers believe in superstitions and they even often associate the meaning of dreams with lucky numbers. It's not clear what the connection is, but some of them are very lucky in individual games.

Collective play and individual play are different, but collective play can give you and your group a higher chance of winning than individual play. But I tend to like gambling individually, it's fun for me.

[dothebeats]

Brazil can be the example of such types of bets but I don't think this strategy is very prevalent elsewhere. As winning the lottery is a matter of luck. Also, if there is a lottery at the national level, there is a very small chance that even if the lottery is purchased at the collective level, personally I will not prefer it. This can be done if it seems profitable according to the lottery prize and lottery quantity. If you win in this case, everyone can be benefited. The joy of winning the lottery in a collective way is not the same as the joy of winning the lottery individually.

It still increases your chances somewhat, though not enough to be significant if we're to be realistic about it. Nevertheless, you're still upping the chances and those minute addition to what's already in there could win you something. I'll be taking that any day because in these games of chances you'll never know when will you be hitting the jackpot or calling it just another day in the office. Besides, chipping in a dollar or two for the lotteries isn't that big anyway.

[Slow death]

With so many movies I've watched in which a group of people decide to rob a bank and then that same group of people, when they rob the bank, start killing each other because nobody wants to share the money, unfortunately that doesn't just happen in the movies , in my country I've seen a lot of horrible things with a group of friends who joined forces to go do jobs and when they received the money they started to fight in a brutal way, they didn't even seem like friends, that's because some always received more than the others and the others they kept complaining that they worked more, so the shelter was intense and it was very difficult to separate the fight

the saddest thing about it is that it wasn't a lot of money, now I'm wondering what if they had saved up money and bought lottery tickets and then won, in my country's lottery the prize is a lot of money, I have no doubts about one thing: the guys would kill themselves for just one person to have the money. That's why I have no doubts that I wouldn't do that, I wouldn't join together to buy a lottery ticket, I wouldn't even tell anyone that I'm playing the lottery, except people in my house and family, if I was going to save money to play the lottery. lottery i would only do this with people in my family

here in africa, especially in my country, trusting friends is a very serious mistake, friends here don't think twice about abandoning you, everyone lives in competition, so when someone has more money than the other, it already becomes a reason to being envious, they feel pain because the other has it and he doesn't. I see many cases of friends who let another one die, that's why I wouldn't pool money with friends to play the lottery

[Darker45]

It doesn't sound familiar to me. I can't quite understand the mechanics. What do you mean there are prizes given for small groups? Do you mean to say that there are certain prizes that can be won only by group bettors, but with a certain number of tickets, and not by individual bettors?

If this is what you mean, I think this is kind of unique. Surely, this kind of setup is not offered in the local lottery here. All bets are considered individual bets.

[Pierre 2]

I think if good enough trust is involved with this I would like to join for fun. But I personally don't think this will make any difference. When someone in group buy thousands of tickets, but if you only pay 2-3 ticket prices in such pool yes obviously you can get more than what you invested in. But I don't think real life works in such way. Most members that joined the group would probably buy only 1 ticket - just to be part of it.

[ethereumhunter]

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.

That's what we must be aware of if we want to make a deal related to money because money can change everything, including friendships that have existed for a long time. Maybe we really should be able to know which friends are real friends and which are not so we don't run into problems later.

And usually, the problem of sharing money can trigger fights among friends. But maybe it's better if the agreement is done in front of a lawyer so that there is a legal bond that we and our friends cannot violate. It is also to avoid trouble between us and our friends.

[KTChampions]

Even if the chance is small, then playing with a group of 100 people, you increase it by 100 times. I think you will agree that it is more profitable to have a small chance multiplied by 100 than just a small chance. As for the winnings, if it is so big that even a hundredth part of it radically changes your life, then such group games make sense.

Personally, I do not see the sense in it, because increasing the chance of winning in 100 times you reduce the winnings also in 100 times as even if one of the participants of the pool will win the prize the prize will have to be divided on all.

In general, I stopped playing the lottery a long time ago, because the chances of winning are so small that you can buy lottery tickets all your life, but never win. In my opinion, it is much more interesting to play the same slots, dice or poker.

The question of whether it is profitable to play the lottery or not is a separate question (of course not, the lottery loses to absolutely all other types of gambling).
There is a sense in a group game in the lottery. There is probably some amount that is life changing for you, right? For example, having received 5 million dollars, you will radically change your life. After that, if you get another 5 or 50 million, there will be no further drastic change. Therefore, the most important thing to start (haha) is to win at least 5 million. A group game where your chances grow multiple helps to achieve this.

[xSkylarx]

I didn't hear this in my local country, but is it risky because, let's say, you'll be in a group of 50 and sum up money to buy a ticket, but again, only one person will be doing it? Let's say what happens if you win or if your group wins, and that member will then claim it because he has the lottery ticket, and he will just run away to another city unless all people are trusted there, but again, when it comes to money, we know that people change their minds and can do bad things, and lastly, it is still not guaranteed that you'll win it, so it is still better to bet alone.

[KTChampions]

I didn't hear this in my local country, but is it risky because, let's say, you'll be in a group of 50 and sum up money to buy a ticket, but again, only one person will be doing it? Let's say what happens if you win or if your group wins, and that member will then claim it because he has the lottery ticket, and he will just run away to another city unless all people are trusted there, but again, when it comes to money, we know that people change their minds and can do bad things, and lastly, it is still not guaranteed that you'll win it, so it is still better to bet alone.

This is a very good clarification, because this minus overlaps all other pluses. When it comes to big money, even those people who were honest, in other circumstances changes (or shows their true colors). Therefore, if I participated in such group bets, then only in some legally formalized form. Like LLC. I would like to know if there are such firms with the provision of such services.

[Silberman]

I didn't hear this in my local country, but is it risky because, let's say, you'll be in a group of 50 and sum up money to buy a ticket, but again, only one person will be doing it? Let's say what happens if you win or if your group wins, and that member will then claim it because he has the lottery ticket, and he will just run away to another city unless all people are trusted there, but again, when it comes to money, we know that people change their minds and can do bad things, and lastly, it is still not guaranteed that you'll win it, so it is still better to bet alone.

And it is especially hard for us to trust in that manner, in fact this is what attracted many of us to bitcoin on the first place, the fact that we did not had to trust anyone in order to secure our transactions was great in my eyes, so buying lottery tickets in this way is surely entertaining but it requires a massive amount of trust among those which are buying those tickets together, and you only need one rotten apple to spoil the fun and run away with whatever big prize money you happened to win.

[dimonstration]

I didn't hear this in my local country, but is it risky because, let's say, you'll be in a group of 50 and sum up money to buy a ticket, but again, only one person will be doing it? Let's say what happens if you win or if your group wins, and that member will then claim it because he has the lottery ticket, and he will just run away to another city unless all people are trusted there, but again, when it comes to money, we know that people change their minds and can do bad things, and lastly, it is still not guaranteed that you'll win it, so it is still better to bet alone.

His life will never be the same if he do this since he just make 49 enemies that willing to take his life since the money involved is too big to let it slide. It will be bery hard to enjoy this kind of profit if there’s a lot of people that you that will revenge on you later on. But your example is most common scenario on what gonna happened for doing this kind of group buy.

It’s very hard to trust people if money is involved. There’s always a chance that one or two of the winners will be greedy for the prize.

[tusandii]

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

In the country where I live, there is no way of betting like this because it will only make a fight when you get a win for sharing the results.
The average gambler in my country who bets on the lottery is always individual, even to show the numbers that are bought, sometimes it is really not allowed.

I don't understand whether a method like this can really increase the chances of winning or not, but if in a group each number is divided into the chances of winning are greater, but that is also not guaranteed because the numbers in the lottery are always random, even It's impossible to have 3 exact numbers.

Most gamblers in my country carry out mathematical analysis or predictions and after they get a number that they feel are good they will go to the lottery ticket seller's house to put in the numbers they have and come back again that is individual.

[rahmad2nd]

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

To be honest, I'm not very familiar with collective betting for the lottery. even to win the lottery is not an easy matter, even though we collect bets together. I'm pretty sure that the lottery bookies in your country, will be aware of ideas like the ones you convey in this thread. in my country, lottery is usually multiplied in terms of x100 x1000 x10000. to guess 2 numbers will be multiplied by x100, for guessed 3 numbers will be multiplied by x1000, and for guessed 4 numbers will be multiplied by x10000. like I said, I'm not a lottery maniac. so please understand if there are differences or mistakes in the delivery of what I said.

However, what am I saying, that is the lottery scenario in my country. the reward that every winning gambler gets is quite large. moreover, if it is accompanied by a large bet too. unfortunately, there is no special theory that is able to formulate to get the numbers from the results of calculations or other methods. which in the end, it all depended purely on luck. that's why, I'm not too interested in lottery type bets.

However, there is something interesting about the posts you convey in this thread. I don't know how the lottery method works in your country. but is it possible with collective bets, you will get the target you are after. do you have a formula, method, or whatever it is that is sure to achieve victory. specifically, getting the jackpot. I can't imagine, even if the method or idea that you put forward will work according to what you are targeting. if it can, wouldn't that provide an opportunity. at least, you should try to experiment first.

[stomachgrowls]

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

In the country where I live, there is no way of betting like this because it will only make a fight when you get a win for sharing the results.
The average gambler in my country who bets on the lottery is always individual, even to show the numbers that are bought, sometimes it is really not allowed.

I don't understand whether a method like this can really increase the chances of winning or not, but if in a group each number is divided into the chances of winning are greater, but that is also not guaranteed because the numbers in the lottery are always random, even It's impossible to have 3 exact numbers.

Most gamblers in my country carry out mathematical analysis or predictions and after they get a number that they feel are good they will go to the lottery ticket seller's house to put in the numbers they have and come back again that is individual.

Literally speaking or on general sense if you are really that joining on group or having that collective bets or accumulating huge numbers of bettors on trying out to join up on a pool then it would definitely be increasing out

the chances of winning but of course it wont really be still able to hit up that 1% but totally be depending on number of bettors who are really that making out such ticket pooling.Actually there are people who are really making out these kind of methods on increasing out their chance but we cant really be able to generalize which there might be some other lotteries on other countries which might prohibit this kind of behavior or activity
but i know that it wont really be known if there would be no one will be telling that they've been doing that. The only issue that i do see with these collective bets is really through on the trust on which it is really that something that would create out some argument on the time that someone win up and allocation and dividing those winning amount would really be mainly the issue on this one.
How someone could be able to trust up on the time that they would be hitting millions? Chances of running away is there and this is why it would be most likely that people would be preferring on going
solo or individually.