Thanks for the discussion everyone.
From all the posts I can deduct that for crypto and online casinos to be able to ever compete with national lotteries there would need to be a huge shift on how much money gets spent on online gambling which is unlikely. Also online gambling is not as centralized as it's very competitive.
Some sites might hold their own sweepstakes and lotteries but nothing close to the rewards of state lotteries. With that said though, this might be fine as the state lotteries are a very different kind of gambling anyway.
With that said, I think it's time to close this thread.
Hopefully a crypto casino starts to try to capture the heat of running a big lottery soon though so we no longer have to speak only with hypotheticals.
Topic: Can online gambling compete with national lotteries? (Read 769 times)
Obviously not, for sure online gambling (casinos and bookies) can't compete against national lotteries in terms of expected winnings except if you are a high roller with a very large bankroll. But the maximum multiplier/payout rate will never be able to challenge it.
A lottery running by a crypto enabled casino would have a technological advantage in having the possibility to run on a provably fair manner whereas national lotteries these days are often ran with virtual draws that can't be verified to be random. That along with the ease of use of accessing the purchase of tickets from your personal device could also be considered an added benefit.
What do you think? Would you buy tickets in a crypto lottery yourself? And would you prefer it over a state lottery?
What do you mean by virtual draw? Is it not live-streamed like most of the lotteries do? I understand that it can be rigged by some means for example the numbers inside the jar are rigged, but the capture of the numbers is live-streamed so it's mostly fair in front of regular people's eyes.What do you think? Would you buy tickets in a crypto lottery yourself? And would you prefer it over a state lottery?
The provably fair lottery only has values if it's verified and the algo is proven correct, so most people can't do that... They prefer to trust their eye in the drawing event.
No matter how fair the lottery system might appear to be because of who is handling it, it's still good to keep in mind that the system can be manipulated at any time because that's how the system has been built to be, as the gambler doesn't have access to the system, so you can't determine how true whatever they say the system is programmed to do is or if they can manually manipulate figures.
If we talk about system, that can manipulated by those who have skills. Lottery can also be manipulated so we don't knows if that lottery system is fair or not. But online gambling doesn't have to competes with national lotteries because they are run in different ways. Online gambling gets their user from online and more large user while national lotteries follow by people who lived on that country. There is no need to compete each other because the type of business is different although they have the same basic thing. But both type lotteries can provide a life changer to the winners so that is why people still buy lotteries because they want to wins the lottery. 
I think that national lotteries have a gambling factor to them. I can give several fact that people who love lotteries are very unrestrained and forget about self-control.
For example, in the country where I now live, there was a case when a woman was selling lottery tickets, and for some reason in 300 tickets she erased the field where there could be a winning combination. However, she never won there. After that, she owed the store a lot of money since she was an ordinary cashier.
What a pathetic story. But in my understanding of this kind of national lotteries, I believe the ticket amount is always super cheap per ticket, say $1 or $2. If someone is not greedy, are 10 tickets at random not enough? I blame this woman for her folly, she was desperate to win the bet. However, her desperation is nothing compared to what many people are facing with casinos if they are addicted to it and her case in this narration is not happening to many people as far as I am concerned. This is because the results of lotteries are not fast, unlike the results of most casino games, which will make people play over and over again. This is why I believe that the national lottery is still less controlling as you can't cheat the time the lottery would be released and that MUST have bought you enough time interval before the next play. For example, in the country where I now live, there was a case when a woman was selling lottery tickets, and for some reason in 300 tickets she erased the field where there could be a winning combination. However, she never won there. After that, she owed the store a lot of money since she was an ordinary cashier.
National lotteries are one of the very few ways someone could win millions by gambling. While the odds of winning are astronomically low, there's generally a sentiment that it might be worth it given how low the stakes can be.
For example most countries have a national lottery where tickets can start from 1$/€ etc. In Europe one of the biggest lotteries has prizes of up to 120 million EUR for a minimum ticket price of 2.5 EUR.
In the US several lotteries such as Powerball and Mega Millions have hit jack pots of above 1 billion USD!
This makes me wonder if any online Casino could ever compete with these levels of gambling rewards and pots.
For one usually the national or state lotteries are usually monopolies so there can't be competition. Which allows them to get huge. Also there's supposedly strict regulation and they have very long histories so people tend to trust them. So this might make it difficult to compete with national lotteries. The demand for these games is also a problem because they're mostly sold through physical stores.
The good thing with lotteries is that on the face of huge rewards, players tolerate a very low RTP. Many lotteries have an RTP of 50% even which is crazy low compared to online gambling which tends to have RTPs no lower than 95% usually.
I think online gambling might have hopes to compete with lotteries given how huge and international it's becoming. In fact, I don't know what's holding some of the large casinos back. Maybe they see it as a political threat to their existence if they compete with state lotteries? Could be...
But I'm sure that at least to some extent there is the possibility for a large casino to run a lottery. For instance I remember Primedice used to run a lottery of over 100 BTC. With current prices that would be over 6m USD! Ofc to win all the pot you required bets of over 0.01 BTC so the entry barrier was pretty high. I'm not sure if that lottery is still running actually. But the potential is surely there.
A lottery running by a crypto enabled casino would have a technological advantage in having the possibility to run on a provably fair manner whereas national lotteries these days are often ran with virtual draws that can't be verified to be random. That along with the ease of use of accessing the purchase of tickets from your personal device could also be considered an added benefit.
What do you think? Would you buy tickets in a crypto lottery yourself? And would you prefer it over a state lottery?
With the advent of the internet becoming a massive thing that even toddlers somehow need to be hooked up onto it for better brain development, there's a good chance that gambling online would overpower the amount of people who gamble on national lotteries, as well as its apparent importance as well. Here in the Philippines alone, the PCSO which is our country's national lottery already took upon the internet and created an online platform where patrons of the national lottery could actually make bets on even if they are far from a betting stall or whatever that shit is called here. It's not really that famous yet but it's being featured in most news outlets now and the more people exposed to it the bigger the online counterpart's gonna be. For example most countries have a national lottery where tickets can start from 1$/€ etc. In Europe one of the biggest lotteries has prizes of up to 120 million EUR for a minimum ticket price of 2.5 EUR.
In the US several lotteries such as Powerball and Mega Millions have hit jack pots of above 1 billion USD!
This makes me wonder if any online Casino could ever compete with these levels of gambling rewards and pots.
For one usually the national or state lotteries are usually monopolies so there can't be competition. Which allows them to get huge. Also there's supposedly strict regulation and they have very long histories so people tend to trust them. So this might make it difficult to compete with national lotteries. The demand for these games is also a problem because they're mostly sold through physical stores.
The good thing with lotteries is that on the face of huge rewards, players tolerate a very low RTP. Many lotteries have an RTP of 50% even which is crazy low compared to online gambling which tends to have RTPs no lower than 95% usually.
I think online gambling might have hopes to compete with lotteries given how huge and international it's becoming. In fact, I don't know what's holding some of the large casinos back. Maybe they see it as a political threat to their existence if they compete with state lotteries? Could be...
But I'm sure that at least to some extent there is the possibility for a large casino to run a lottery. For instance I remember Primedice used to run a lottery of over 100 BTC. With current prices that would be over 6m USD! Ofc to win all the pot you required bets of over 0.01 BTC so the entry barrier was pretty high. I'm not sure if that lottery is still running actually. But the potential is surely there.
A lottery running by a crypto enabled casino would have a technological advantage in having the possibility to run on a provably fair manner whereas national lotteries these days are often ran with virtual draws that can't be verified to be random. That along with the ease of use of accessing the purchase of tickets from your personal device could also be considered an added benefit.
What do you think? Would you buy tickets in a crypto lottery yourself? And would you prefer it over a state lottery?
I don't know about crypto casinos though, cause as it stands today it still is a pretty niche concept if you ask me, and if there's no instant gratification like what happens in P2E games like Axie Infinity (which aren't gambling games for the record) I don't think the people will really delve deep into it by themselves. They need some form of motivation and free spins or extra deposits isn't gonna do it if you'll ask me.
We never know that but there is always a possibility of that happening. Even if it's a lottery done on the state level, there can still be manipulation in it because we know how large the winning prizes tend to be when lotteries are run nationwide, it's about millions of dollars and euros, and those who win such a lottery will have their life changed for once and for all, so we never know, maybe they are giving the winning tickets to people close to them, or they might even take money for it.
No matter how fair the lottery system might appear to be because of who is handling it, it's still good to keep in mind that the system can be manipulated at any time because that's how the system has been built to be, as the gambler doesn't have access to the system, so you can't determine how true whatever they say the system is programmed to do is or if they can manually manipulate figures. 
What do you think? Would you buy tickets in a crypto lottery yourself? And would you prefer it over a state lottery?
Lottery seem like it is more of manipulation where the winning ticket is already known and I believe it is not sold out at random. I have hardly seen gamblers who are benefiting from it rather you see those who bet on games and win. Buying lottery ticket is cheap and it has very tempting cash out which is the factor attracting people to it. However, I would prefer to bet directly than going to buy lottery ticket from casino or state because they are the same, same competing factor and manipulation of winning ticket.
Your point of view is interesting, but how did you come to the conclusion that the lottery results were being manipulated? According to my knowledge, these companies operate under the license of government institutions that monitor the integrity of the process in the presence of specialized observers. Personally, I have not heard that fraud of this kind has ever been discovered in any country.
In my country, the state is the one who supervises the process, whether during the sale of scraps or determining the winning number, and there is no room for tampering in any way. I find this necessary to maintain the integrity of the process because the whole issue is determined by the reliability and credibility of the sponsor. Perhaps for this reason, many people still prefer lotto programs over online gambling, since they get more guarantees despite the difficulty of winning.
What do you think? Would you buy tickets in a crypto lottery yourself? And would you prefer it over a state lottery?
Lottery seem like it is more of manipulation where the winning ticket is already known and I believe it is not sold out at random. I have hardly seen gamblers who are benefiting from it rather you see those who bet on games and win. Buying lottery ticket is cheap and it has very tempting cash out which is the factor attracting people to it. However, I would prefer to bet directly than going to buy lottery ticket from casino or state because they are the same, same competing factor and manipulation of winning ticket.
If The participation level of gamblers with freebitcoin Lambo contest didn't actually measure with those of other common games in their platform basically due to how people would prefer taking on with their normal slot games and others than the Lambo lottery despite how transparent it appears to be.
A higher number of lottery lovers will rather participate in government lotteries than private gambling sites or companies and from what I conceive is that they have more faith in them getting a bigger chance of winning with government lottery than private because the government are known to be less profit oriented with their services.
Do you think the government is transparent and fair? A higher number of lottery lovers will rather participate in government lotteries than private gambling sites or companies and from what I conceive is that they have more faith in them getting a bigger chance of winning with government lottery than private because the government are known to be less profit oriented with their services.
You will never know behind the lottery except you're the worker.
Either the winner announced in offline or digital, there's always a chance it's rigged, as long as they don't want to use cryptography and blockchain, it's never been fair.
One of fair lottery is using Bitcoin's block, each person choose their own number and the winner is depend on the last few digits of the hash.
That's the downside about it since there are controversies surrounds on national lottery since there are times that result is questionable and it seems like they can manipulate in favor to what they like.
What I only like about those national lotteries is they intend or separate some funds for charity and many people got the benefits to get something when they need money especially for emergency cases like hospitalization since those institutions will give some help to those people who are in need. For example this program https://www.pcso.gov.ph/ProgramsAndServices/CAD/MedicalAccessProgram.aspx/1000
But other than that or activities they made it seems the result they show is always suspicious.
We do know that when it comes to potential life changing opportunity then it could really be giving out that kind of shot or chances on which this is the main reason on why they would really be that still considering on buying tickets. Speaking about national lotteries and online gambling lotteries then we do know that when it comes to popularity then online lotteries arent really that getting too much traction if we do compared out into those usual state lotteries on which jackpot prizes are really that getting bigger day by day on which simply means that there are tons of people who do still buying those tickets.
Choosing up in between, then for sure that confidence and trust would really be that sticking into those traditional lotteries on which they would really be purchasing up tickets into those booths.
Competition would really be that somewhat irrelevant because you could really be able to see the significant difference in terms of demand and interest both online and offline things.
But well it would really be just that depending on you on where you would really be tending to bet on.
This makes me wonder if any online Casino could ever compete with these levels of gambling rewards and pots.
No, but I wouldn't expect them to. People who play lotteries live on hope, but that hope doesn't lead anywhere. It's like throwing money into a wishing well, so that you feel better about the chances of your wish coming true. The problem is that the action you've performed (throwing a coin) doesn't change your odds at all. When it comes to lotteries it mathematically does improve your chance, but practically it doesn't
I'll give you an example. If someone promises to pay you 1 satoshi, mathematically you've gained something, but practically you haven't. Anything below 0.01 USD is in fact nothing because you will never be able to use the value it represents.
Bottom line, spending money on national lotteries is dumb, unless it makes you feel better and you pay for the experience.
Lottery seem like it is more of manipulation where the winning ticket is already known and I believe it is not sold out at random. I have hardly seen gamblers who are benefiting from it rather you see those who bet on games and win. Buying lottery ticket is cheap and it has very tempting cash out which is the factor attracting people to it. However, I would prefer to bet directly than going to buy lottery ticket from casino or state because they are the same, same competing factor and manipulation of winning ticket.
We never know that but there is always a possibility of that happening. Even if it's a lottery done on the state level, there can still be manipulation in it because we know how large the winning prizes tend to be when lotteries are run nationwide, it's about millions of dollars and euros, and those who win such a lottery will have their life changed for once and for all, so we never know, maybe they are giving the winning tickets to people close to them, or they might even take money for it.For me personally, I would only take part in a lottery if I know that there is transparency and that the management cannot cheat us, the participants, and the winner will be chosen with honesty among those who have bought tickets in the lottery and not someone they want to win it.
I think online gambling might have hopes to compete with lotteries given how huge and international it's becoming. In fact, I don't know what's holding some of the large casinos back.
Online gambling gives us an option but, it was not made something like we think these would compete with national lotteries. We have noticed their strong growth rate but still, a lot of gamblers prefer to go offline casinos as they are comfortable with them. Here in my country, I could feel the determination of the gamblers to win the jackpot prize as I saw them in the long line buying tickets. The huge jackpot prize made them think that winning the lottery could change everything. Hearing someone hit the jackpot prize has a mental impact as this could boost their confidence to keep gambling thinking that they could be lucky someday.
What do you think? Would you buy tickets in a crypto lottery yourself? And would you prefer it over a state lottery?
Lottery seem like it is more of manipulation where the winning ticket is already known and I believe it is not sold out at random. I have hardly seen gamblers who are benefiting from it rather you see those who bet on games and win. Buying lottery ticket is cheap and it has very tempting cash out which is the factor attracting people to it. However, I would prefer to bet directly than going to buy lottery ticket from casino or state because they are the same, same competing factor and manipulation of winning ticket.
If The participation level of gamblers with freebitcoin Lambo contest didn't actually measure with those of other common games in their platform basically due to how people would prefer taking on with their normal slot games and others than the Lambo lottery despite how transparent it appears to be.
A higher number of lottery lovers will rather participate in government lotteries than private gambling sites or companies and from what I conceive is that they have more faith in them getting a bigger chance of winning with government lottery than private because the government are known to be less profit oriented with their services.
Do you think the government is transparent and fair? A higher number of lottery lovers will rather participate in government lotteries than private gambling sites or companies and from what I conceive is that they have more faith in them getting a bigger chance of winning with government lottery than private because the government are known to be less profit oriented with their services.
You will never know behind the lottery except you're the worker.
Either the winner announced in offline or digital, there's always a chance it's rigged, as long as they don't want to use cryptography and blockchain, it's never been fair.
One of fair lottery is using Bitcoin's block, each person choose their own number and the winner is depend on the last few digits of the hash.
That's the downside about it since there are controversies surrounds on national lottery since there are times that result is questionable and it seems like they can manipulate in favor to what they like.
What I only like about those national lotteries is they intend or separate some funds for charity and many people got the benefits to get something when they need money especially for emergency cases like hospitalization since those institutions will give some help to those people who are in need. For example this program https://www.pcso.gov.ph/ProgramsAndServices/CAD/MedicalAccessProgram.aspx/1000
But other than that or activities they made it seems the result they show is always suspicious.
I think that national lotteries have a gambling factor to them. I can give several fact that people who love lotteries are very unrestrained and forget about self-control.
For example, in the country where I now live, there was a case when a woman was selling lottery tickets, and for some reason in 300 tickets she erased the field where there could be a winning combination. However, she never won there. After that, she owed the store a lot of money since she was an ordinary cashier.
For example, in the country where I now live, there was a case when a woman was selling lottery tickets, and for some reason in 300 tickets she erased the field where there could be a winning combination. However, she never won there. After that, she owed the store a lot of money since she was an ordinary cashier.
Do you think the government is transparent and fair?
You will never know behind the lottery except you're the worker.
Either the winner announced in offline or digital, there's always a chance it's rigged, as long as they don't want to use cryptography and blockchain, it's never been fair.
One of fair lottery is using Bitcoin's block, each person choose their own number and the winner is depend on the last few digits of the hash.
I agree that just because you see the winning numbers doesn't mean that it's actually as transparent as we think it is. I don't think that online lotteries can compete with national ones. There are casinos that offer lotteries, such as FreeBitcoin, which others have already mentioned but are currently facing issues with, Rollbit, or Duelbits, but the rewards cannot in any way compete with the millions that are distributed in national lotteries. There are certainly other platforms out there as well, but I'm not familiar with them as I'm not into this type of gambling. You will never know behind the lottery except you're the worker.
Either the winner announced in offline or digital, there's always a chance it's rigged, as long as they don't want to use cryptography and blockchain, it's never been fair.
One of fair lottery is using Bitcoin's block, each person choose their own number and the winner is depend on the last few digits of the hash.
Well, online crypto casino is an innovative idea to do gambling differently from the traditional way, and despite its existence, there are still so many customers who still prefer the national lotteries and land-based casinos. So many young people are already migrating to online casinos, including myself. Although I cannot speak less of the fun I usually get when I am around my friends at the land base casino, Everyone has different choices and tastes for things they want. According to your question, I would buy a ticket from the Crypto Lottery.
So true, it cannot be compared to playing with people around you and I don't know why but it gives me more pleasure when I see them playing with you or against you. It's totally different especially when you are playing casino games like poker where the heat of the game could increase at any moment or when you are battling head-to-head for the pot. Online gambling sites can not give the same pleasure as that but truly they give ease in playing at home and it helps those who just like it that way. I think the competition is not online gambling sites against national lotteries because for me they are way different because of the method of winning. Big pot against a small/average one.
If The participation level of gamblers with freebitcoin Lambo contest didn't actually measure with those of other common games in their platform basically due to how people would prefer taking on with their normal slot games and others than the Lambo lottery despite how transparent it appears to be.
A higher number of lottery lovers will rather participate in government lotteries than private gambling sites or companies and from what I conceive is that they have more faith in them getting a bigger chance of winning with government lottery than private because the government are known to be less profit oriented with their services.
That's a common misconception among people and this misconception is created by governments and authorities by showing that they aren't profit-oriented or aren't taking a lot of profit from their people but the reality is completely opposite of that. Take banks as an example, they make you feel like they are working only for you, to provide you with services and everything and they don't get much in return, but we all know that isn't the reality, a common uneducated person wouldn't know this.A higher number of lottery lovers will rather participate in government lotteries than private gambling sites or companies and from what I conceive is that they have more faith in them getting a bigger chance of winning with government lottery than private because the government are known to be less profit oriented with their services.
Similarly, when it comes to lotteries and other stuff, they make us feel like they are completely transparent and that they aren't taking a lot of profit, but do you know that state lotteries have very high house edges? They take a very large percentage of the total amount and give away the rest to the winner or winners.
Some online casinos can have huge lotteries if they start offering this service, consider Stake as an example. They have a very large audience base, and if they have a lottery where gamblers can buy tickets and get to win the total pot or other rewards, it will be huge, however, it will barely be able to compete with national lotteries because of the fact that a national lottery runs nationwide, which means that people from all around the country can buy tickets for a national lottery.
In a cryptocurrency casino, no matter how many users it has, there is still a limit to the number of participants which can be a barrier for them to be able to compete with national lotteries because national lotteries will eventually sell more tickets and hence have a higher pot amount for the winner(s).
It is better not to compete each other because of the prizes but it is better to compete to how to gives the best services to their customers. That will gives them a chance to see an increasing in the number of their customers.In a cryptocurrency casino, no matter how many users it has, there is still a limit to the number of participants which can be a barrier for them to be able to compete with national lotteries because national lotteries will eventually sell more tickets and hence have a higher pot amount for the winner(s).
Besides that, competing between online gambling compete with national lotteries is not easy because we must have the data that can show everything. Maybe we can say that national lotteries will have better position than online gambling but we don't knows the truth.
They as a customer will not thinks much about that competition because they only wants to be the winner. They will focus with their number of the ticket lotteries and will buy more to increase their chance to wins.
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