all the formulas in the actual lottery calculations are just like predictions that allow you to get closer to luck, but not 90% or 70% but only a 5% chance of winning.
Betting on the lottery is really very difficult if you expect a jackpot or win, because the chances are only a very small 5% and that's just for me. when compared to poker bets, baccarat, blackjack will have a bigger chance of winning than lottery gambling.
but if you really can be lucky to get the jackpot from the lottery, that's a very big advantage.
Not sure where did you get that mate, 5% chances of winning in Lottery ? if this is indeed then the jackpot is near our hands ? even 1% is so hard to achieve knowing how much combination needs to be calculated to get the winning , there are also so much bets flowing in lottery but winners are only declared once a month at least or weekly.
One of the major issue on Lotto game is the number guessing. It is not all gamblers that good with number guessing. That is why I don't normally play Lotto but once a while. Your question one is probability, Lotto is purely a guess work and it is not easy to guess set of the numbers correctly so I won't say you should bet with a high figure of fund to loss all. But it is a personal decision.
And I don't think the city have any terminology to sort number but as a player you have to sort it out by yourself.
yeah and there is no truly way to guess that much combination , I hate to say this but this is the riskiest gambling form ever created , this is a machinery of operators to gain money.