Lottery Gambling | Bitcointalksearch.org

carlisle1

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Quote from: Pamadar on November 24, 2020, 12:49:11 PM

Quote from: kayvie on November 23, 2020, 10:07:41 AM

Quote from: GreatArkansas on November 18, 2020, 11:52:10 PM

And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

It is nearly impossible to maximize profits and minimize the risk in this kind of lottery gambling by the use of some sort of strategy. I don't think that there is some kind of strategy that will work every time since lottery game is more on luck, winning numbers will always be random and no one knows what will be the winning number.

If luck won't allow you to win there's none that you can do with this type of gambling.

Imagine how many combination of Numbers are there in given digits of choices? maybe thousand,million or maybe even billion and that's How far
we need to look at to expect winning.

The Best strategy we must Do in this Gambling is Buy ticket and wait for the luck if this will knock on your doors.

Quote

Is more on luck that you'll relied your fate, there's no strategy that will help you to lessesn the chance of losing your money
You'll keep paying in hope that the number that you choose will be hit and give you instant richness, keep dreaming and keep
trying as that's the only thing that will let you to keep playing.

But Lottery is Cheaper and also a Limited opportunity to bet so the chances of Being Lose badly is always there
is alwaya not there.
and also this is the Most legit gambling worldwife the Lottery.

maydna

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Quote from: TinaK on November 24, 2020, 12:06:02 PM

Quote from: Gotumoot on November 24, 2020, 10:39:52 AM

No I don't know this kind of lottery I only know a game called ending which you would predict the last digit of the scores on BasketBall.
But in this type of games there isn't any strategy or tricks that we could use yo maximize the profit or minimise the risk because they are randomly picked.

This kind of lottery is easy to pick the pattern and we never expect the profit on these kind of lotteries. Many games are randomly click on anyone so 100% luck is the pure gambling for all the hunters. May be if we monitor the lottery ticket betting we predict some perfect token. I hope this is the minimize risk and not a maximize profit.

We could just expect that one of our lotteries can come out as the winner. If that happens, we are making money if the prize is money. And sometimes, we can hit the jackpot, but that will need big luck to get it because the casino will not allow the gamblers to hit it easily. Playing lotteries is fun, but we need to control ourselves because of the cheap price for one ticket, making us spend a lot of money because we hope that we can be the winner. Sometimes playing lotteries too long can cause us to become addicted to gambling.

FlightyPouch

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Quote from: TinaK on November 24, 2020, 12:06:02 PM

Quote from: Gotumoot on November 24, 2020, 10:39:52 AM

No I don't know this kind of lottery I only know a game called ending which you would predict the last digit of the scores on BasketBall.
But in this type of games there isn't any strategy or tricks that we could use yo maximize the profit or minimise the risk because they are randomly picked.

This kind of lottery is easy to pick the pattern and we never expect the profit on these kind of lotteries. Many games are randomly click on anyone so 100% luck is the pure gambling for all the hunters. May be if we monitor the lottery ticket betting we predict some perfect token. I hope this is the minimize risk and not a maximize profit.

The only thing that would make you win in a game that requires luck is to increase your chances, your probability of winning. And yes, that means buying more cards or entries to win. In a simple lottery, even though you bought a lot of cards, your probability will just increase a little bit, in this game, it would increase higher as there are only a limited number to choose from.

Lanatsa

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Quote from: ice098 on November 24, 2020, 12:29:53 PM

Quote from: kayvie on November 23, 2020, 10:07:41 AM

Quote from: GreatArkansas on November 18, 2020, 11:52:10 PM

And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

It is nearly impossible to maximize profits and minimize the risk in this kind of lottery gambling by the use of some sort of strategy. I don't think that there is some kind of strategy that will work every time since lottery game is more on luck, winning numbers will always be random and no one knows what will be the winning number.

In lottery there will be no maximize and minimize risk I think, so I agree with you, in lottery there will be a constant amount of price , you only need to buy a ticket whether it is for about 1$ or 100$ , there will be different category in there, of course the higher the price of the ticket the bigger the prize. In terms of strategies, I don't have any, since in lottery the odds are very difficult to analyze for me, the probability of each number to be pick is less than 1.

When dealing with lottery then its just a waste of time on making up some calculations or analysis since lottery isn't something a game on where you can really increase your chances of winning
unless if you do bet all of the possible combinations or buying bulks of lottery scratch tickets then you might get some decent result but not a guaranteed.
Lottery is for pure luck and winning odds is almost close to impossible and you would need the extreme luck for you to hit the pot.
Strategy doesn't work that's why don't push up yourself because you will just be spending too much on tickets.

Pamadar

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Quote from: kayvie on November 23, 2020, 10:07:41 AM

Quote from: GreatArkansas on November 18, 2020, 11:52:10 PM

And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

It is nearly impossible to maximize profits and minimize the risk in this kind of lottery gambling by the use of some sort of strategy. I don't think that there is some kind of strategy that will work every time since lottery game is more on luck, winning numbers will always be random and no one knows what will be the winning number.

If luck won't allow you to win there's none that you can do with this type of gambling.

Is more on luck that you'll relied your fate, there's no strategy that will help you to lessesn the chance of losing your money
You'll keep paying in hope that the number that you choose will be hit and give you instant richness, keep dreaming and keep
trying as that's the only thing that will let you to keep playing.

ice098

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Quote from: kayvie on November 23, 2020, 10:07:41 AM

Quote from: GreatArkansas on November 18, 2020, 11:52:10 PM

And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

It is nearly impossible to maximize profits and minimize the risk in this kind of lottery gambling by the use of some sort of strategy. I don't think that there is some kind of strategy that will work every time since lottery game is more on luck, winning numbers will always be random and no one knows what will be the winning number.

In lottery there will be no maximize and minimize risk I think, so I agree with you, in lottery there will be a constant amount of price , you only need to buy a ticket whether it is for about 1$ or 100$ , there will be different category in there, of course the higher the price of the ticket the bigger the prize. In terms of strategies, I don't have any, since in lottery the odds are very difficult to analyze for me, the probability of each number to be pick is less than 1.

TinaK

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Quote from: Gotumoot on November 24, 2020, 10:39:52 AM

No I don't know this kind of lottery I only know a game called ending which you would predict the last digit of the scores on BasketBall.
But in this type of games there isn't any strategy or tricks that we could use yo maximize the profit or minimise the risk because they are randomly picked.

This kind of lottery is easy to pick the pattern and we never expect the profit on these kind of lotteries. Many games are randomly click on anyone so 100% luck is the pure gambling for all the hunters. May be if we monitor the lottery ticket betting we predict some perfect token. I hope this is the minimize risk and not a maximize profit.

Gotumoot

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No I don't know this kind of lottery I only know a game called ending which you would predict the last digit of the scores on BasketBall.
But in this type of games there isn't any strategy or tricks that we could use yo maximize the profit or minimise the risk because they are randomly picked.

kayvie

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Quote from: GreatArkansas on November 18, 2020, 11:52:10 PM

And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

It is nearly impossible to maximize profits and minimize the risk in this kind of lottery gambling by the use of some sort of strategy. I don't think that there is some kind of strategy that will work every time since lottery game is more on luck, winning numbers will always be random and no one knows what will be the winning number.

Ucy

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Quote from: Questat on November 19, 2020, 05:29:54 AM

This is a kind of lottery with a small prize only, honestly mate, I would rather bet on sports and put a parlay bet than betting on this kind of game.
Not to discourage you but if you love sports, you can parlay like maybe 5 or 10 leg and your odds will increase, and you will still enjoy as you can also do a little analysis with it.

Or he probably should try skill-based game that interest him, which he can learn in order to minimize risk and maximize profits. Unfortunately depending on luck won't give consistent "minimal risk & profits". Lottery games are generally random/luck-based

Mauser

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Quote from: Hypnosis00 on November 23, 2020, 04:49:40 AM

Quote from: worldofcoins on November 23, 2020, 03:34:48 AM

...
I never win a ticket lottery but my relatives do. I stopped buying it after some attempts.

I wish also that those poor people that usually got stuck from this kind of gamble will realize and stop their doings. The chances are clear enough 1/100, it is a horrible thing for them not to think it. It is very unfortunate why they keep that faith and hoping for luck instead of keeping it in the piggy bank.

I have tried this several times but no surprise, I'm still out of luck.

The thing why do many poor people actually play is the lottery is the dream of winning. I think it helps to imagine yourself being in a better place, to think about what you would do with the money. Of course 99.9% of the people are not even winning their lottery ticket price back. But what other options do you really have. It's nearly impossible to become rich just by working you 9 to 5 job 5 days a week. Most people likely know they will never win when playing the lottery.

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Quote from: Raflesia on November 23, 2020, 05:02:46 AM

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Quote from: worldofcoins on November 23, 2020, 03:34:48 AM

We call it a Lottery ticket and we bought it from the supermarket and it cost $20 only.
We have a special channel for this lottery ticket and it telecast every weekend at 7 PM they announce some digits and if the number got matches with the luckiest number we won the lottery otherwise we lose the $20.

I never win a ticket lottery but my relatives do. I stopped buying it after some attempts.

maybe you can provide more specific information, for example with $ 20 it can get how many chances the lottery guesses the digits after that you might be able to the website used by your brother because maybe some other people want to try it.

whereas if with $ 20 you only get the chance to win 1x the lottery it is definitely too expensive and the risk is too high.

Often times my friends always ask for the right number to be placed in the lottery they want but still miss it, 2x in 1 week my friend installed it and I also want to follow it but I always fail to get the right number.
Honestly, I don't know the strategy for guessing the correct number in the lottery, is this really special, even as often as I always read on Google about how to put the right number but already $100 pairs of lottery always fail.

There's no definite strategy to win lotteries. Fate is on the line and luck is only the factor that leads to gambling. 2inning is like one in a million if I would be asked, and that also makes sense to why the jackpot or the prize is that huge. Many people are even relying their future in this activity despite of the number of times they have lost playing lottery. If there's algorithm within this "game" I think only few are aware of it if there's any. In my country, lottery gambling is also existing it is more convenient than to play other gambling activities.

Raflesia

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Quote from: worldofcoins on November 23, 2020, 03:34:48 AM

We call it a Lottery ticket and we bought it from the supermarket and it cost $20 only.
We have a special channel for this lottery ticket and it telecast every weekend at 7 PM they announce some digits and if the number got matches with the luckiest number we won the lottery otherwise we lose the $20.

I never win a ticket lottery but my relatives do. I stopped buying it after some attempts.

maybe you can provide more specific information, for example with $ 20 it can get how many chances the lottery guesses the digits after that you might be able to the website used by your brother because maybe some other people want to try it.

whereas if with $ 20 you only get the chance to win 1x the lottery it is definitely too expensive and the risk is too high.

Often times my friends always ask for the right number to be placed in the lottery they want but still miss it, 2x in 1 week my friend installed it and I also want to follow it but I always fail to get the right number.
Honestly, I don't know the strategy for guessing the correct number in the lottery, is this really special, even as often as I always read on Google about how to put the right number but already $100 pairs of lottery always fail.

Hypnosis00

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Quote from: worldofcoins on November 23, 2020, 03:34:48 AM

...
I never win a ticket lottery but my relatives do. I stopped buying it after some attempts.

I wish also that those poor people that usually got stuck from this kind of gamble will realize and stop their doings. The chances are clear enough 1/100, it is a horrible thing for them not to think it. It is very unfortunate why they keep that faith and hoping for luck instead of keeping it in the piggy bank.

I have tried this several times but no surprise, I'm still out of luck.

fiulpro

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Hello
I do believe that you have to locally check with your casinos if they do allow since during the pandemic most of the casinos have shifted online. Therefore it's very possible that you will get such options.
-many casinos are offering the lottery check your local casinos
-roam around in supermarket and ask for them
-there are even local shops near my house selling such things.
But you should understand that these are not the best way to win, you are more likely to be hit by lightning.. statically. Try other Gambling variants , they might be much better.

worldofcoins

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We call it a Lottery ticket and we bought it from the supermarket and it cost $20 only.
We have a special channel for this lottery ticket and it telecast every weekend at 7 PM they announce some digits and if the number got matches with the luckiest number we won the lottery otherwise we lose the $20.

I never win a ticket lottery but my relatives do. I stopped buying it after some attempts.

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Quote from: Inkdatar on November 20, 2020, 12:11:54 PM

Quote from: jrrsparkles on November 20, 2020, 11:07:35 AM

Go with your instincts that is what most people do on the number prediction lottery, not sure this kind of lottery available in the crypto space but definitely it is kind of popular lottery method and almost people loves to do since the amount can be very minimum and the payout also huge comparing with out bet amount.

This type of game cannot maximize profit as this is already a fixed game. This lottery game is popular in our country and even more participants joined to try their luck. I haven't heard yet a lottery game that accepts crypto so there’s no tricks on this game it is just pure of luck that your chooses number will win.

Well you instinct decides your luck because you need to act if your luck has to hit you! Cheesy

Lottery, there is no way to win and it will never be without the luck so we can't increase the winning chances all we can do is to make ourselves feel like we are actually luck with such actions.

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Quote from: famososMuertos on November 21, 2020, 12:29:27 AM

However, I would like to add that if you make this bet, your pot-odds are 1:5 or what is the same for every 100 times you bet, you will have losses of $ 4* it if you are lucky enough to win 1 time. (Prize $16)

Yeap, this is what EV shows by itself. The problem of any lottery is always the fact that it has negative EV, without it any lottery would disappear very fast

Quote from: famososMuertos on November 21, 2020, 12:29:27 AM

Difference is ~~-0.4 USD~~ per very your bet
*Difference is -0.04 USD per very your bet
Just add that it is 0.04, anyway thanks for the calculation.

Yeah, i just forgot about one zero, my bad. sometimes happens

Quote from: bitterguy28 on November 21, 2020, 07:50:59 AM

Instead of betting in this kind of lottery in which i don't know what this call,I rather bet in Real lottery in which i can bet for 40 cents per number combination.

In this case at least i know that i have waiting for huge winning because it seems that the chance to win on them both are the same.

and besides in gambling like this in which Luck is the best weapon?i will choose the bigger winning .

Real lottery very close EV. I don't remember correct rules, but as i understand there 6 digits to imagine. This is 10^6 combinations (first digit this is from 0-9, second also can be any 0-9 and up to 6), and you need to guess at least 3 numbers. This will be C(6, 3) = 20 (this is in case if order of numbers doesn't matter) and also we have 3 slots which can be any numbers (this is 10^3).

So the result = ( 20 * 10^3) / 10 ^ 6 = 0.02

Yep, a little better (in 2 times) but with the reward for 3 numbers i doubt that EV will be positive.

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Quote from: johhnyUA on November 20, 2020, 06:57:56 PM

Quote from: GreatArkansas on November 18, 2020, 11:52:10 PM

I don't what you called this in your country or in English.
We called this "Last Two"(2 DIGITS) , "Swertres"(3 DIGITS) .
Currently they have this draw scheduled every 2pm, 5pm, 9pm (GMT +8).
If you will hit in 2digits, if you bet 0.20 USD, you will win 16USD.
In Swertres(3 DIGITS), 0.20USD bet will become 124USD if win.

Any idea where I can do this online and they are accepting Bitcoin or other crypto?

And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

As i see here, we have 100 2-digit numbers. That means that probability to hit needed number is 1/100.

So, let's count EV: 1/100 * 16 = 0.16 USD

And you need to bet 0.20

Difference is -0.4 USD per very your bet. So the best strategy is do not bet on this lottery

Best regards, your johhny

Instead of betting in this kind of lottery in which i don't know what this call,I rather bet in Real lottery in which i can bet for 40 cents per number combination.

In this case at least i know that i have waiting for huge winning because it seems that the chance to win on them both are the same.

and besides in gambling like this in which Luck is the best weapon?i will choose the bigger winning .

Bitinity

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Quote from: GreatArkansas on November 18, 2020, 11:52:10 PM

I don't what you called this in your country or in English.
We called this "Last Two"(2 DIGITS) , "Swertres"(3 DIGITS) .
Currently they have this draw scheduled every 2pm, 5pm, 9pm (GMT +8).
If you will hit in 2digits, if you bet 0.20 USD, you will win 16USD.
In Swertres(3 DIGITS), 0.20USD bet will become 124USD if win.

Any idea where I can do this online and they are accepting Bitcoin or other crypto?

And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

This is similar to the lottery which is so popular in my country. We call it "TOGEL" where people can bet 2 last digits, 3 last digits and 4 complete digits. Yours is better in terms of the payout, here in my country the payout for 2 digits is only 60x (offline) and 70x (online), 3 digits payout is 400x for both online and offline, while 4digits gives 2500x offline and 3000x online. It is obvious that the house edge is so huge but there are still so many people love to play this lottery because I do think that they do not care about house edge. There are many people do a strategy that they call by "invest" strategy where they buy up to 60 numbers or more to get higher chance of small winning. Most of them do it online since it is better to do it online because of the bigger payout for 2 digits lottery and there is also a discount if people buy it online. The discount usually starting from 25-30%, so if we buy a 2 digits ticket for 1USD then we need to pay $0.75-0.70 only. Unfortunately this lottery is available online for local players only as the payment method is using local bank transfer.

Topic: Lottery Gambling (Read 1065 times)