Topic: How should Lotteries be categorized? - page 2. (Read 239 times)

Yes, lotteries and regular gambling should be kept apart! The payout's exceptional scale explains why. We're talking about a never-before-seen opportunity in casinos: turning a dollar into millions. This is a phenomenon in society, not only a kind of gambling.

The odds are negligible in lotteries and rather reasonable in casinos. Its a monument to human optimism in the face of almost insurmountable odds, not just gambling. We're purchasing a dream, however short-lived, rather than merely staking money.

Lotteries are more accessible than casinos in this regard. They are a bringing together national and occasionally worldwide event. This is about more than just making money; its about sharing an experience with others. Yes, its gambling, but its also a rite in the community. Lotteries are different from ordinary gambling in that they are a special fusion of chance, hope, and dream. This is what we need to understand about them.

I don’t think the lottery deserves a separate space in the gambling world. It is already labeled as gambling and not something else, even though it is not quite the same as casino games or traditional forms of gambling. They share the element of chance and the potential for financial gain. It has unique characteristics, but just like other gambling games, it has the potential for massive payouts with minimal investment when you hit the jackpot – a life-changing payout.
However, in our physical lottery here, I haven't been placing bets for a long time due to the lack of transparency. We feel that there may be anomalies or manipulations happening.

Is there no security factor behind this decision? I imagine it would be disastrous if some hackers could abuse a website that sells lottery tickets. The government probably also uses this to discourage some groups of people from buying their tickets. Maybe there is a control aspect that is easier to manage if everything is sold offline, although it is a bit of a headache to record everything properly.

On the other hand, some lottery are available to buy online from what I've read on the internet. It really depends on which lottery are you planning to buy, in which country, and how their law works. One of the reasons being cited for limiting this online sale is to prevent people from outside the state/country from buying any ticket. CMIIW.

IMO, how it is categorized now is fine. The main problem is because it's played nationally mostly. I have not seen a worldwide or international lottery yet. Gambling sites are international so it will be difficult to inject it with them.
The problem falls to the prizes that are given and I do believe something could go wrong if it's not the government who is collecting the money or giving out the prize. I have serious doubts in gambling sites when it comes to large amounts of money.
What I think should be done is the ease of betting in lotteries. Up until now, if you want to bet you need to go physically in the lottery outlet which I think is not how this era works today. Everything should be made online for ease of access.

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.

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!

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.

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.

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.

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.

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.