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Topic: Lottery Gambling - page 2. (Read 1082 times)

hero member
Activity: 1834
Merit: 523
November 21, 2020, 05:17:29 AM
#88
That is from Philippines in my place there is a person who go to the each house if they want to bet on that game.
I've never tried this game but I think in our country it is illegal because there is no license compared to the lottery who is authorized by the government because those profit will goes to the charity. filipino have unique gambling but some of them are illegal.
hero member
Activity: 2128
Merit: 520
November 21, 2020, 03:26:55 AM
#87
Much better to gamble our money into games that could make use of our knowledge and skill, not this luck-base game lottery.

This type of game is popular to poor households. It doesn't need any knowledge to learn and you just bet your money then you can have a chance to win big. I know this game and many of my neighbors always bet on this 2 or 3x a day daily hoping they would win. They don't realize that if they would save or spend that money it buy already what they plan to if they win on that lottery.

They all keeping the faith that luck will come on their way and change their life forever,
we can't  remove the fact that most third world societies continue to believe that with
luck it will be a shortcut to richness, if there are already a living proof that winners exist
chasing to have the same fate are very common. You are right that if those people only
realized that saving those money will bring them decent, they are just too lazy hoping for
a very quick turnaround.
full member
Activity: 2520
Merit: 204
November 21, 2020, 02:30:57 AM
#86
AFAIK there is a lower version of this kind of lottery game but I know it's not quite supported on getting legally and this called as "Ending" which is there is a host gathering from different places and most of the people will predict the last score of a basketball team (commonly)

For example :
Lakers VS GS

Score :
65 - 46

The ending is 5,6
The last number on the score is the "ending" if you predicted it right your wage from 1-2$ becomes 25-50$.
But what OP is looking are the one called EZ-2 if this is indeed what i understand on this post as i also a bettor of this in the past.
Same as the one called Jueteng in which the illegal version of EZ-2.

________
___________________________

I'm also following this thread as wanted to find some sites specially in sportsbet that offers the same chance of winning.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
November 21, 2020, 01:44:20 AM
#85
AFAIK there is a lower version of this kind of lottery game but I know it's not quite supported on getting legally and this called as "Ending" which is there is a host gathering from different places and most of the people will predict the last score of a basketball team (commonly)

For example :
Lakers VS GS

Score :
65 - 46

The ending is 5,6
The last number on the score is the "ending" if you predicted it right your wage from 1-2$ becomes 25-50$.
hero member
Activity: 1666
Merit: 753
November 21, 2020, 01:30:41 AM
#84
Quote
And also, any ideas or strategy/tricks/advices to maximize profits and minimise risks by playing this kind of gamble?

Lotteries are notorious for their high house edge and low RTP. I would not recommend them at all.

You are much better off playing other provably fair games such as dice and blackjack which have consistently low house edges of 0.5-1% if you play with perfect basic strategy.

If you are truly an advantage player looking for a way to make money off a game in the long run, then lottos with rollover pots could potentially create positive EV situations when the pot gets sufficiently large. However, these instances are rare after various state lotteries were exploited in the US using this method (search up on youtube if you're interested).
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
November 20, 2020, 11:29:27 PM
#83
...///...:

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
+1
Beautiful way to calculate it for a simple lottery bet, in "pot odds" in this case 1:5 how profitable a bet is in the long term and why it must be made or withdrawn at a certain time.

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)

That's the thing with certain games, make a bet of as little as $ 0.20 to get $ 16 looks cool, Yes! but if you're just looking to have fun.
______-
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.

hero member
Activity: 2366
Merit: 594
November 20, 2020, 10:04:00 PM
#82
Much better to gamble our money into games that could make use of our knowledge and skill, not this luck-base game lottery.

This type of game is popular to poor households. It doesn't need any knowledge to learn and you just bet your money then you can have a chance to win big. I know this game and many of my neighbors always bet on this 2 or 3x a day daily hoping they would win. They don't realize that if they would save or spend that money it buy already what they plan to if they win on that lottery.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
November 20, 2020, 06:06:04 PM
#81
snip...

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
That is the best idea.
Because even we think that putting a lot of bets (like to say 10 bets) could help to increase our winning chances but the computation has clearly said that we still gonna lose. It doesn't make sense at all. Much better to gamble our money into games that could make use of our knowledge and skill, not this luck-base game lottery.

I have this addiction before after winning one time but very unfortunate that I'd never win again and a realization that I was spending a lot more than the amount I won.
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
November 20, 2020, 05:57:56 PM
#80


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 -0.04 USD per very your bet. So the best strategy is do not bet on this lottery

Best regards, your johhny

Edited: not 0.4, forgot about one zero. 0.04
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
November 20, 2020, 05:25:45 PM
#79
[snip]
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?
Well, this very common in the Philippines in towns that don't have lotto outlets.
There are too many lotteries out there if you want to bet and try your luck in the lottery -- just like Fortunejack and Duckdice and other lotteries that supported bitcoin on this list. [ https://bitcoinchaser.com/casino/bitcoin-lottery ] However, when it comes to strategy, I can't give you advice because even me, until now, I did not encounter such a strategy that considers as proven and tested. There are a few lottery calculators online but they are not as legit that give an accurate result. As a matter of fact, you can't minimize your risk of gambling if it is based on luck.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
November 20, 2020, 05:10:38 PM
#78
I have bought a few tickets on Eurolotto but have no idea how to play lotto. Just tried my luck and lost. By the way, there are bingo boards on the different gambling websites which offer a variety of bingo games. Is the Bingo same as the lotto or there are differences in the appliance odds, payouts? BTW, there are small gambling websites that offer a provably fair lottery but have never touched this type of lottery game. The first luck 2 numbers or the first 3 lucky numbers are very hard for me to predict. Always losses are bigger than a single win in lottery games.
sr. member
Activity: 1022
Merit: 277
★Bitvest.io★ Play Plinko or Invest!
November 20, 2020, 05:08:52 PM
#77
...
Only luck will tell if you'll be able to win it, no strategy no patterns or whatsoever. But once lucks comes
your way everything will changed up, luxurious life will be there for you. There are lots of peole who keeps
on buying lottery  tickets hoping that they'll hit it up and be lucky, In most cases, whenever there no winning
the many that will buy the draw.
wherever it is (online lottery, crypto-based lottery, and state-run lottery) in general the lottery is purely based on luck, you cannot use any strategy.
 even in our country, there is a kind of lottery that rests on a "dream", Every dream you experience while sleeping has a number and if you are lucky your number (based on the dream) comes out then you will win a multiple of money based on how much money you put in at the beginning..
This is way too superstitious which i dont really consider to be effective but hey, people do really make use of this hints into their dreams
that might able to hit them up in real life.I have seen one of my relative do believe that if they do dream off with some numbers then they do tend to
make a bet with it and believe it or not they do really won but i do make myself believe that it was just pure coincidence because
nothing can really influence when it comes to someone luckiness into things specially in lottery.
That is what we call "lotto" in our country. And yes it seems to be ineffective but people do really win because of that. People do bet on the numbers they dreamed about which is most likely their strategy of what numbers they choose to bet in the lottery. We find it a coincidence or we can also call it pure luck.
hero member
Activity: 2590
Merit: 644
November 20, 2020, 05:06:29 PM
#76
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.
There is a need to continuously take care of your numbers when you're an active lottery bettor, as there are times that you may missed betting and thata the only time your number may be at win. I remember being able to do it before since my office have a lottery booth along my drive at work that I bet almost everyday in fear I missed the time that my numbers will appear and since it's just a cheap bet to do.
^ So how does it going? are you able to win at the end? I am also a regular bettor of the lottery before but until now I did not try what is the feeling if you will win on this kind of gambling. Though I know that the odd are quite high but there are still people who will be trying their luck buying a lottery ticket and hoping that they will be able to win the mega jackpot. Nevertheless, there is nothing wrong if you will try with a small amount and I think the lottery ticket is very cheap to buy which is very affordable.
hero member
Activity: 2744
Merit: 702
Dimon69
November 20, 2020, 04:53:36 PM
#75
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.
There is a need to continuously take care of your numbers when you're an active lottery bettor, as there are times that you may missed betting and thata the only time your number may be at win. I remember being able to do it before since my office have a lottery booth along my drive at work that I bet almost everyday in fear I missed the time that my numbers will appear and since it's just a cheap bet to do.
sr. member
Activity: 2296
Merit: 348
November 20, 2020, 04:26:08 PM
#74
I haven't encountered this kind of lottery online, much less one which accepts Bitcoin and other cryptocurrencies, although this is prevalent in my community as well. But most of it are being ran by illegal gambling operators which do not pay taxes to the government but pay a slice of its income to local law enforcement authorities apparently for protection.
Yeah and these illegal operators are actually scam because they are not working on a fair model and they see which lottery number has been sold least and they will list it out as the winner. I will explain how this works in my country, basically they you can buy 1 number from 1-9 and they will reveal the winning number by tomorrow morning via various channels such that everyone knows yet there is no proof for legal authorities to catch them. So basically the number sold least is the number they declare as winner and earning huge profits.

To be honest, I cannot find any viable strategy on this kind of game. This is purely about luck, one which comes more seldom than the blue moon. The reason why the illegal operators of this game are fast becoming filthy rich is that there are too few winners, perhaps oftentimes none, in every draw.
Exactly and you cannot complain about them either because you played an illegal lottery in first instance and then there is no proof of how you were cheated and who they are.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
November 20, 2020, 03:54:49 PM
#73
Is that illegal?
~snip~
It's not illegal, These games is run by the government-owned sweepstakes organization. I'm also thinking why would OP post a crumpled paper as a ticket.
If not, then why I didn't see the official logo on the receipt?

Guessing random numbers are very hard to do, it's very slim your chances of winning. As we can see, most people who bet on the lottery were commonly poor people, seeking their luck that it could be changed their life status once they were lucky enough and hit the jackpot.

I don't how the local lottery works, but the best to bet and purchase a ticket on the 6/42 draw is having a very huge prize.
hero member
Activity: 2562
Merit: 586
November 20, 2020, 03:19:27 PM
#72
although this is prevalent in my community as well. But most of it are being ran by illegal gambling operators which do not pay taxes to the government but pay a slice of its income to local law enforcement authorities apparently for protection.


I think it's called Jueteng a poor man's lottery you can even bet 5 pesos here or 10 cents, this is why people in the rural areas like to bet in this form of gambling, everything is done in the word of the mouth for the winner, there's no transparency but it's making millions for operators and has become the cash cow of authorities, still popular in some remote areas.
People must be idiots to bet on such things when they can bet on provably fair or at least sports betting where they know the result is not manipulated. Maybe because gambling is restricted in their area that is the reason they are doing such things but honestly while I do not suggest or recommend anyone doing this but they can easily make an online account on any crypto casino and bet while no one knows about it. I have seen countless gamblers who gamble online although betting is illegal in their jurisdiction.

Talking of lottery, I am not a huge fan of this kind of gambling because the chances of winning are bleak and the money constantly flows out just in hope to hit the lottery, I would rather invest that money in a random coin than losing it to a lottery.
legendary
Activity: 3122
Merit: 1140
November 20, 2020, 01:50:38 PM
#71
...
Only luck will tell if you'll be able to win it, no strategy no patterns or whatsoever. But once lucks comes
your way everything will changed up, luxurious life will be there for you. There are lots of peole who keeps
on buying lottery  tickets hoping that they'll hit it up and be lucky, In most cases, whenever there no winning
the many that will buy the draw.
wherever it is (online lottery, crypto-based lottery, and state-run lottery) in general the lottery is purely based on luck, you cannot use any strategy.
 even in our country, there is a kind of lottery that rests on a "dream", Every dream you experience while sleeping has a number and if you are lucky your number (based on the dream) comes out then you will win a multiple of money based on how much money you put in at the beginning..
This is way too superstitious which i dont really consider to be effective but hey, people do really make use of this hints into their dreams
that might able to hit them up in real life.I have seen one of my relative do believe that if they do dream off with some numbers then they do tend to
make a bet with it and believe it or not they do really won but i do make myself believe that it was just pure coincidence because
nothing can really influence when it comes to someone luckiness into things specially in lottery.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
November 20, 2020, 01:45:24 PM
#70
...
Only luck will tell if you'll be able to win it, no strategy no patterns or whatsoever. But once lucks comes
your way everything will changed up, luxurious life will be there for you. There are lots of peole who keeps
on buying lottery  tickets hoping that they'll hit it up and be lucky, In most cases, whenever there no winning
the many that will buy the draw.
wherever it is (online lottery, crypto-based lottery, and state-run lottery) in general the lottery is purely based on luck, you cannot use any strategy.
 even in our country, there is a kind of lottery that rests on a "dream", Every dream you experience while sleeping has a number and if you are lucky your number (based on the dream) comes out then you will win a multiple of money based on how much money you put in at the beginning..
full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 20, 2020, 01:41:50 PM
#69
This type of gameplay is called Lottery tickets in my area and I am from a third world country of the world. Here, we found these types of games in the people when there have more participants and maximum of them want to participate. Then these things are followed to keep fairness to all and being trustworthy. By the way, I don't know any gambling sites which provide these types of service.
You're right, most country called them such names, but this game aren't different from that which one of the gambling platform here has and have been operating.  https://blog.nitrogensports.eu/squares/ has some resemblance of such which OP has showed above, they're one of these digital casinos with such operation recently,
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