Topic: Why Choose Lottery Instead Of Anything Else? - page 15. (Read 7580 times)
One of the reasons lotto gamblers have why they choose lottery even though the chances of winning is almost or close impossible is the prize they see. They are overwhelmed by the size or amount of the prize so chances of winning is no longer important to them since they only need small amount of money to be able to participate in in this game.
The main reason why people choose the lottery is probably because it gives a good reward when people are lucky enough. The probability of winning can be ignored by them and the only thing they see is the amount of money they can get even though they unconsciously have to chase it all the time and still not win.
psychologically we are very difficult to overcome this attraction, our minds are only focused on the profits obtained if win.I think the prize is a big motivation, imagine you only need one ticket to win millions, you can never get that on any betting sites, it's the poor and average man's only way to become instantly rich, so they are putting their hopes here.
I will win... I will win LMAO 
. so far the percentage I won the lottery is only 25% and the rest is a loss, but there is no harm in trying and hoping... good luck for us 
For me, because it's very affordable, high reward, and most of all, hobby or addiction by beliving on your magic or lucky number. I'm not a fan of the lottery, but my uncle does. He will just tell you when you ask why he always bet on the lottery, and he will answer that it's like in smoking that you will buy cigarette(with how much ) and smoke it then what will happen after you finish it, pros and cons to your mental and physical health( body) right. Then we will just tell that in lottery is just same for him, because he knows the fact that the percentage of winning in the lottery is meager but he always enjoy in betting on the lottery ( even he spend his money, but not everything), and when you smoke you know that fact there will always be a disadvantage that will happen to your body, and you still spend your money . Why you still continue smoking? Because you want it, right? So the fact is you still spending some money on the things that not too important to others, but it's important to you even you know the consequence is spending your money in to non-sense by other people. We always have an addiction that when can’t control and I think some people become addicted to lottery-like my uncle. 
I guess it is because the prizes of a lottery draw is usually an attractive huge amount, and some gamblers might be hoping to get lucky and win the huge prizes from the lottery. It also requires little research and knowledge about the game since the numbers that appears on a lottery draw is totally random, so I think some people who are very busy in their life with work might just buy the lottery ticket for entertainment purpose with a slim hope of striking rich overnight.
but if someone insists on playing something without thinking or using skills, then why not buy a random stock? That'd give them 50% chance to win and with some research they could increase this chance.
One thing for this matter,People/Gamblers aren't really patient enough for them to engage with stock betting.Yeah,they know the probabilities but majority would love to see instant and fast way.
About on Lottery,they do make side bets yet we know even the odds is almost impossible to hit up but hopes cant really be stopped.
So I've been wondering a lot time now why some people choose to play lottery which is made in such a way that it's statistically impossible to win and not any other game that gives about 49% chance to win? In online crypto-gambling there are a lot of such services.
I think the prize is a big motivation, imagine you only need one ticket to win millions, you can never get that on any betting sites, it's the poor and average man's only way to become instantly rich, so they are putting their hopes here.
The main reason why people choose the lottery is probably because it gives a good reward when people are lucky enough. The probability of winning can be ignored by them and the only thing they see is the amount of money they can get even though they unconsciously have to chase it all the time and still not win.
So I guess the main reason is greed... people want to invest as little as possible and get as much as possible in the shortest possible time... that's kinda discusting!
Put some freaking effort damn it! No wonder that even people who win a lottery won't become more happy, their whole mindset is wrong and they should work on that first instead of thinking money will solve all their problems.
Put some freaking effort damn it! No wonder that even people who win a lottery won't become more happy, their whole mindset is wrong and they should work on that first instead of thinking money will solve all their problems.
In many countries, the lottery has low fees and has a certain schedule you will need to pay I guess it is not that kind of a high stake because if someone would surely win they will take a big sum out of it, And I guess even though there is a low percentage in winning the lottery many people still prefer to bet on it because I think there is some fairness in it that you can see while they randomly pick numbers to win certain combination, And there are many people trusting it because your true opponent here are all the gamblers that have bet on it and not the house,
Well, I used to take certain numbers that are very common and well known to me and that is what I am continuously using to make a bet on Lottery.
Well, I used to take certain numbers that are very common and well known to me and that is what I am continuously using to make a bet on Lottery.
Great video for reference, but even if you invite lottery bettor to watch the video, I don't think they will be come converted and will not bet anymore, they are following their dreams, every bettor is a dreamer and they are betting with their hopes.
I Would suggest opposite of the OP statement. "Why not choose everything else other than the lottery"
Trust me you will never win in any lottery game. Its better not to play gambling than to play the lottery to lose all of your invested money.
People are betting because they want something that can fulfill all their dreams, they consider winning a lottery like a genie granting them wish, Some lottery offer to share their revenues to charity, and this is one of the reasons why they bet, they are betting for their hopes and dreams while at the same time getting a feeling that they are donating to a charity by betting on a lottery.
People have their own reasons why choose lottery instead of other games but maybe unlike other gambling games which is required skill then lottery is pretty much easy not necessary skill only to buy particular number and waiting the drawing results whether it won or not and regarding the percentages indeed it was very low to won the lottery but for those who liked lottery i think they will very confident with their luck
The simplest answer is the game is the simplest todo.
Lottery betting won’t take you a minute to bet and can find result tomorrow or close to that time frame.
While playing other gambling is time consuming and needs large capital
Added is most lottery bettors are usually older people that is just enjoying the small chance to win but give them time to wait for the result.in short these people are willing to take a once in a lifetime chances that gambling longer time in the tables
Lottery betting won’t take you a minute to bet and can find result tomorrow or close to that time frame.
While playing other gambling is time consuming and needs large capital
Added is most lottery bettors are usually older people that is just enjoying the small chance to win but give them time to wait for the result.in short these people are willing to take a once in a lifetime chances that gambling longer time in the tables
There are some reasons made the people to play lottery more than other games:
- Bet amount is just dust when compare to the winning rewards.
- The waiting time to know the result keep the people excited.
- Some people believe that they will always be right no matter million times they did wrong predictions.
- Bet amount is just dust when compare to the winning rewards.
- The waiting time to know the result keep the people excited.
- Some people believe that they will always be right no matter million times they did wrong predictions.
Because people believing in luck and the prize pool in lottery gambling is quite a huge amount. So, they keep hoping that one day the luck will be them. Although it is unlikely that you will win, if you will hit the prize pool you will win a lot. While there are some people they want to earn huge money in the shortest amount of time possible. Because lottery gambling is NO skill required, NO studying, NO technical analysis, just buy and buy more tickets. It is unilateral, totally based on luck and does not discriminate.
Lottery is one of the oldest known social gambling. Lottery is much more famous in real world than online and with the introduction of smart contracts it has become fair and just online. The odds for lottery are low but the reward are high and the house edge is mostly even lower than the best of dice sites.
It is all about that feeling when you hit the special number. People feel special when they hit the jackpot. Buying stocks and watching charts are boring stuff for them. I never see the logic in their actions as well but I somehow understand it. If you played any RPG games where you need to gear your character up, you would understand, the feeling is pretty close. I still remember how It felt when a good unique item gets dropped in diabloII.
That's also one of them, but people choose the lottery because they can buy tickets at a cheaper price than gambling. Of course, with their great hopes that will get the jackpot, they always hope at the jackpot because the prize is very large. Not only that, people play the lottery because they feel hopeless with gambling, well playing gambling will produce more losses and chase losses.
According to them gambling is very annoying right, where they will continue to pursue losses and increase their losses. And that's what I feel when playing gambling, this is not a matter of not having the best strategy. But I don't think there is a best strategy that will always win 100%, there are times when the best strategy is not in luck anymore.
So I've been wondering a lot time now why some people choose to play lottery which is made in such a way that it's statistically impossible to win and not any other game that gives about 49% chance to win? In online crypto-gambling there are a lot of such services.
Personally I'd advice against gambling overall (ye I know I wear a gambling signature at the moment!) but if someone insists on playing something without thinking or using skills, then why not buy a random stock? That'd give them 50% chance to win and with some research they could increase this chance.
I found this nice video a day ago, it tells the truth about lotteries in a funny way: https://www.youtube.com/watch?v=9PSWTDhHGt4
A very good point is made at 2:55 about the probabilities
Also at 4:07 they lottery in comparison with gambling and stock market in a funny way... "we take away all the skill of blackjack or poker just to make sure we have the best chance of getting your money"!
Personally I'd advice against gambling overall (ye I know I wear a gambling signature at the moment!) but if someone insists on playing something without thinking or using skills, then why not buy a random stock? That'd give them 50% chance to win and with some research they could increase this chance.
I found this nice video a day ago, it tells the truth about lotteries in a funny way: https://www.youtube.com/watch?v=9PSWTDhHGt4
A very good point is made at 2:55 about the probabilities
Also at 4:07 they lottery in comparison with gambling and stock market in a funny way... "we take away all the skill of blackjack or poker just to make sure we have the best chance of getting your money"!
The good thing about lottery is the participants are sure that 99%+ of the total collected amount would go to users. They are not playing against the house and the house just collects a commission from the winners.
I don't think there are any online gamblers that just sticks to lottery and nothing else. Though lottery is fun, it has a lot of passive time and has no thrill between buying of tickets and the draw.
People need hope, and this exactly what they are selling. Also, humans tend to overestimate their winning chance. It's called positive bias.
The funny thing is I also like the lottery the most, despite knowing all this stuff.
The funny thing is I also like the lottery the most, despite knowing all this stuff.
Well it's just like "high risk high reward chance"
You can also try on dice by setting 0.01% winning chance
When sport betting you can bet on weak team or higher than 5 odds
Every people have their own style to gamble
You can also try on dice by setting 0.01% winning chance
When sport betting you can bet on weak team or higher than 5 odds
Every people have their own style to gamble
Jump to: