How should Lotteries be categorized?

[Casdinyard]

Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

• The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
• The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
• The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
• Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

[Hispo]

I understand the point you are trying to make pointing out all those differences between lotteries and the typical casino games, and I think I agree that lotteries should have a special category and terms when referring to them, but the issue is that I believe in the English Language there is not an specific term for "gambling" when one is playing lotteries. It is easier just to say lotteries are a form of gambling and to refer to them as such.
Though, in the case of my country/society, there is a clear distinction between them and the people who prefer to wager money in a casino from one who likes lotteries.

Anyways, if what you are seeking for is the a community concensus, it would be difficult to reach it. It woukd depend much on each one's personal opinion and culture on this matter.

[wallet4bitcoin]

Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

• The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
• The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
• The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
• Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

I consider a wide range of disparity between Lottery systems and gambling systems. To add to your points, the mindset of someone who plays lottery and that of someone who gambles are never the same thing. Lottery is fun, sometimes people even pay for lottery tickets and forget that they even did, not that they are not interested but they have no attachment to it and if it doesn't turn out as expected, there is no cause for alarm. For gamble, its a different ball game, they tend to attach so much emotions to it and end of  feeling anxious about the turnout. If it results in a loss, they are enburdened with so much pain and want to embark or revengeful trading which causes further loss.

[CryptoHeadlineNews]

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

Yes, lottery can always be regarded as a standard gambling system, because if I may ask, what is gambling? Gambling is the process or act of risking a certain amount of money with the hope or mindset a predicted outcome will go as planned. Whereas, in lottery, it is required for you to stake an amount while picking a random numbers, with the mindset it's gonna be the same as the lucky number of the week. Of which if only you are able to pick 3 or more exact correct numbers, you are likely to earn a reward. Same as what's been done on a regular casino.

[robelneo]

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

What kind of different standard or system should we categorize it with,  you did not give us a choice or another category I've been betting in our country's lottery system and if you ask bettors 10/10 will answer it gambling because you give out money in the hope that you win.

Whatever your chances are all the factors involved in gambling when it comes to the gambler's mindset are all here, whether you point out the difference between gambling and all the other kinds of betting, it's still gambling.

[bocyaj]

I understand the point you are trying to make pointing out all those differences between lotteries and the typical casino games, and I think I agree that lotteries should have a special category and terms when referring to them, but the issue is that I believe in the English Language there is not an specific term for "gambling" when one is playing lotteries. It is easier just to say lotteries are a form of gambling and to refer to them as such.
Though, in the case of my country/society, there is a clear distinction between them and the people who prefer to wager money in a casino from one who likes lotteries.

Anyways, if what you are seeking for is the a community concensus, it would be difficult to reach it. It woukd depend much on each one's personal opinion and culture on this matter.

The lotteries are even in the both of offline and online platform,if the gamblers had enough experience in the gambling Many of the gamblers in the forum will have their father who do the gambling in forum his father will take part in the offline lotteries.The special thing of the lottery game is it help us to win the jackpot.But the other games will allow to win,but the winning dollar will not like the jackpot money from lottery game.

This was the reason for the lottery have separate fan base as compared to the casino games,they should understand the profit percentage between each games in the long period of participation.The lottery was banned in some countries,still we able to buy lottery in another countries.

[alani123]

Lotteries also have a big house edge. It's not related to the chances of winning actually, moreso to the Return To Player rate.
In theory lotteries have an unlimited house edge because usually the hugger reward is capped.
So if the reward is capped $100m and players have gambled $400m then the RTP rate becomes lower than if $105m was gambled.

Honestly lotteries are weird. Usually they're sort of monopolistic and aren't very transparent about specs like RTP,  house edge etc. For some lotteries that are especially popular players figure it out on their own though.

[dothebeats]

It's still a gambling game through and through. You are risking something in the hopes of gaining something in return. You are playing with chances to get the profit, and the odds are also always in favor of the house which are always stacked against you. You can't categorize it any other way, as you cannot treat this as an investment because you are always guaranteed to lose, and you are not owning a piece of something to get the return. It's a simple gambling game, and I guess that's just it.

[Bananington]

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

Lotteries are entirely different from gambling because even if you consider the purpose for which some lotteries are organized and run you discover that it is often for a cause and there is usually a percentage from the revenue generated from these lotteries that is invested back into the community. Gambling is far different from that. Lottery is also a mostly sometimes organized by the government or huge companies occasionally but gambling are owned by casinos and betting platforms owned by private individuals mostly. It is my opinion that there is a huge difference between the two and lotteries qualified to be categorized on their own.

[alegotardo]

Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

~snip~

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

For me it's all the same thing, because my reasoning is:
If I'm playing with the intention of (in addition to having fun) making a lot of money, then it's gambling!
The differences are limited to the betting possibilities, as in lotteries you basically choose some numbers and hope that they are drawn. But in casinos you can choose between cards, dice, an electronic game, etc... the ways to bet are very wide. The same occurs in sports betting where the possibilities and modalities are practically infinite.

Why are lotteries allowed in almost all countries while other games are not? Because it is easier to control and supervise games based solely on choosing numbers.
It is easier to detect fraud in a lottery than in an electronic game.
But in the end... everything is gambling!

[PX-Z]

The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.

It's because your chance of winning is very low, to think about in 6/49 lottery you have 1 in 13M chance of winning, that's why it's self explanatory. It's just like you roll a dice in x9999 multiplier or more.

The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.

This and The Replayability factor — the money allocated for a win corresponds with luck, thus it always make sense that the chance of winning is really low.

About the age factor, i guess it depends on country where it takes place. Here you need to at least 18 for you to play any licensed casino/gambling.
And i don't think we need to label lottery for a certain type of gambling system, it's how gambling basically works, the only difference is the probability to win.

[Dr.Bitcoin_Strange]

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

Well, I think it should just be linked to standard gambling; perhaps they are all just one thing and serve the same purpose, which is for fun and to win some money. then gamblers will make their preference. Although I kind of think that people are usually more engaged in normal gambling than lotteries, that doesn't make any difference at all; it's just all gambling, and every gambler knows what game gives them the fun they want. Those that are also concerned about the money have some preferred games, which they believe are where the majority of their winning comes from.

In lotteries too, with a small amount of money staked, you can win a jackpot, which doesn't come that often either. That's to say, it totally depends on luck and not much of a skill. Just luck is what favors a gambler in any form of gambling.

[Darker45]

Gambling games widely vary. There are games which require different degrees of luck. There are also games which require a certain amount of skill. If we include sports betting, they require knowledge and probably a little amount of research. There are those that have house edge. There are also those that don't have. There are gambling games that are played against the casino and there are also those that are played against other players. There are those that have huge jackpots and those that have low prizes. The chances of winning also vary from one gambling game to another.

I think lottery is just one kind. But it is a gambling game.

[coin-investor]

It will create confusion if the authorities do not, or stop categorizing lottery as gambling it has all the forms of what gambling is, betting the bettors' mindset, it may be different from all the games on how it is being played and the chances of winning but its still gambling I cannot think of any other category for lottery but only gambling
in gambling, luck plays a big part, whatever the percentage of chances a bettor has in hitting a jackpot.
Bettors put money into it in the hope of winning just like they do in casinos or other betting forms, the government the bettors and everyone involved in the lottery categorize it as gambling, if it's not what could be the right category?

[yahoo62278]

Title speaks for itself. I know that Lotteries are a form of gambling since at the end of the day, you're banking on your luck to bag the win and earn huge amounts of money, but compared to our conventional knowledges of how gambling works, Lotteries are quite different, a few of them:

• The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
• The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.
• The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.
• Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

Gambling is gambling isn't it? Whether it be risking $1 to win $1000000 or risking $1 to win $10, you are gambling. If anything lotteries should be categorized as low odds gambling as the odds of winning are extremely low. For example the odds of winning the powerball jackpot are roughly 1 in a 290 million chance.

[Hispo]

I understand the point you are trying to make pointing out all those differences between lotteries and the typical casino games, and I think I agree that lotteries should have a special category and terms when referring to them, but the issue is that I believe in the English Language there is not an specific term for "gambling" when one is playing lotteries. It is easier just to say lotteries are a form of gambling and to refer to them as such.
Though, in the case of my country/society, there is a clear distinction between them and the people who prefer to wager money in a casino from one who likes lotteries.

Anyways, if what you are seeking for is the a community concensus, it would be difficult to reach it. It woukd depend much on each one's personal opinion and culture on this matter.

The lotteries are even in the both of offline and online platform,if the gamblers had enough experience in the gambling Many of the gamblers in the forum will have their father who do the gambling in forum his father will take part in the offline lotteries.The special thing of the lottery game is it help us to win the jackpot.But the other games will allow to win,but the winning dollar will not like the jackpot money from lottery game.This was the reason for the lottery have separate fan base.

It is not for everyone, by the way, I must say.
I have noticed lotteries in other countries seem to be different from the lotteries here in my homelands and which those I grew up with. It seems that lotteries in the United States and In Europe are about just having one big winner among thousands or million of people buying tickets, however, here there has been lotteries which also deliver smaller prizes according to the amount of numbers one managed to match the the numbers drawn on live Television.
Stadistically, I recall those lotteries cartons to mention in the back that the chances of getting the minimum prize was 1/100 or 1/50. It would not be much but still more than one would have spent on playing the lottery, so I would consider it to be a win.

I suppose whether it is a jackpot or nothing depends on the terms of the lottery and what country one lives in.

[Julien_Olynpic]

Of course, the lottery is a form of gambling, but it is a very specific form. One of the main differences (but not the only one) is that the purchase of a lottery ticket and the determination of the winnings after the publication of the winning table are separated in time. This diminishes the emotion a bit. In roulette, a person who bets on one of the sectors has the opportunity to find out the result in a few minutes. It's the same in poker.
In addition, in some countries, the lottery is an obvious form of fraud. For example, in Russia, you can win the lottery, but the winnings will not be given to you. I know that this exists in other countries.

[uneng]

• The Payout: Rarely would you ever see your money x1000000000 in a casino, but in lottery, that's the entire premise. You put in as low as a dollar on the line, and you have a chance to claim a stake at huge amounts of money.
• The Luck: Most casino/gambles involve unfair yet doable odds. 40/60 house edges being one of the most common odd disparities in this market. In the world of lotteries however, you get as much as 0.00000001% chance at winning, sometimes even less.

Lottery is just another gambling game. The ticket is cheap, the prize is huge, just like at traditional casino games where the less winning chances you have, the higher it's going to be the multiplier, while when playing with high winning chances, the prize decreases considerably. The odds work in similar manner in lottery and other gambling games.

• The Replayability factor: Casinos set a premise where even if you win today, you'd always get the chance to win again tomorrow, lotteries do not have that liberty, with most people who won the lottery knowing fully-well that they wouldn't have the chance to win again in the future.

Also, just because you won once in lottery, it doesn't mean you can't win anymore in your life. The chances are always there, just like at other gambling games. What happens is that chances are too low, although they don't decrease from the first win to a potential second win.

• Access: Casinos are age restricted and are mostly region-based. A casino couldn't cater to anyone beyond their area, but lotteries like powerball are played on a national scale, sometimes even international.

And casinos are so accessible or even more accessible than lotteries. You can play casino games anywhere at anytime, since you have internet connection. You can do this from wild countryside regions, but you can't play at the national lottery from there, as it demands you taking a vehicle and going into the nearest city's lottery to place a bet. Casinos are digital, while national lotteries are physical.

But I agree with you that lotteries aren't age restricted, because I've already seen underage people purchasing tickets and playing in the absence of their parents. However, that was in physical shops. At online platforms which ha lottery included, underage gamblers won't be allowed, anyway.

[Hirose UK]

What you said is quite good but the lottery is bet with series of numbers that must be absolutely correct and of course this is very difficult because the winning percentage in the lottery game is like looking for needle in haystack.
Luck is very influential in winning lottery games and of course how much money is spent and whatever strategy is used to get the numbers to bet on will never work if luck is not on your side.
It might be very interesting because with very low bet amount, for example $1, we can generate a jackpot that reaches millions of dollars, but this is all worth it because the difficulty in winning the lottery is very dominant.
Just look at how many gamblers have managed to win the lottery with an amount that can be said to be jackpot, there are only handful of people out of the many gamblers who like lottery betting.

For age limits, it may be true that access is limited by age limits and one way is to implement KYC, but isn't it easy to complete KYC for those who are underage.
They will use the identity of their parents or family members who are adults or are categorized as having self-identity.

In terms of regions, it seems that almost all countries have gambling base with lottery betting, even countries that prohibit gambling still have many places selling lottery tickets in secret.
Where I live the lottery will be drawn every day up to 5 times and what is used are various types of lottery bets from various Asian countries.

[Oasisman]

With all these factors laid in front of you, would you still think that lotteries are supposed to be linked with standard gambling systems, or should we set them to a different system/standard from here on out? Answers please.

I understand what you're trying to point out, but lottery for me is under the standard gambling system. Simply because it involves money to buy tickets, that translates into placing a bet when you're in a casino and of course winning money out of that ticket when you're lucky. So, placing a bet hoping to get a win and multiply your money is basically gambling, though they do have a lot of differences but they all fall under one category.

The government here in my country have built this biggest national lottery for charity purposes and the most interesting thing about it is it spark a debate whether or not it is considered a part of the standard gambling system since every ticket bought can be big help to those who are in needs.