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.
Topic: Collective bets in local lotteries - page 5. (Read 693 times)
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.
Would like to know your takes on betting as a group to raise chances in local
Lotteries
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.
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.
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
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.
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.
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.
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.
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. 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
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.
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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.
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.
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.
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.
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.
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 aboutLotteries
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
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.
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.
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.
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.
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. Lotteries
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
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
It's a good idea for many but I don't think I can be part of it if it so happens that the lucky numbers come out and you're the one who thinks and bet on it, you'll regret sharing your money with others, it's not about greediness but winning in a lottery is like one in a million or even higher if it's almost impossible to hit the jackpot it's better to have it all.
And there are scenarios that will cause panic among members what if one of the tickets won and the caretaker of the tickets told the others that he lost the winning ticket but the truth is he just hide it to claim the jackpot for himself, you never know what other people's motives are when it comes to money so its better to bet alone and win alone, the group chances is the same as yours, if you're going to hit the jackpot, you're going to hit the jackpot that's fate.
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
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
On an intuitive level, I don't like this idea. But from a mathematical point of view, it might make sense. For example, the main prize in the lottery is $50 million. For a certain number of separate players, one million dollars is enough to completely solve their life problems. Thus, it will be beneficial for them to gather in a group of 50 people and play together - they will increase the chance of receiving the required amount by 50 times, which is very good.
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
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 go for it lottery is an extremely luck-based game, you can win with one ticket or with thousand tickets I've read that one guy wins a lottery on his first bet in a lottery, and you, buying one ticket have the same chance as that buying with thousands of tickets and besides if you want to win in a once in a lifetime bet you prefer to win it by having all the money.
I've never encountered this method before even though the lottery is very popular here in our country, and besides it is hard to be anonymous when you are part of the group betting and you win the jackpot you cannot be so sure that your co- participants will honor the agreement that you will not divulge the name of other co bettors.
When you bet with a group you run the risk of whomever claims the money being able to fuck everyone. If the group as a whole is allowed to collect the prize that's 1 thing, but if only 1 person can claim the prize there is big risk involved.
If you have a group of people whom you can trust, risking a few dollars for a decent payday is fine. Just keep what I say in mind, it could lead to a big drama fest.
If you have a group of people whom you can trust, risking a few dollars for a decent payday is fine. Just keep what I say in mind, it could lead to a big drama fest.
That is true, when it comes to money, even friends can have bad blood once they learn there's money on the line.
Would be good if you have people that you can trust through and through, if not, better place your bet alone.
It may give you higher chances betting as a group, but the consequences may not be great once you start collecting some winnings.
Have read some nasty situations already in this forum alone, 2 friends getting huge winnings ended with one hiding from his friend along with the winnings.
This is a very common practice here in the United States. Often times when people work in a group setting (which has been decreasing ever since Covid reared it's ugly head) they will all throw say 5 or 10 bucks and buy as many lotto tickets that can be bought with the pot of money that was put together. As you mentioned it's still going to be difficult to win, but it does in fact increase your odds...so do you want to be that one co-worker who didn't chip in when they hit the lotto and all retire while you get stuck working for the rest of your life??
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