Why Choose Lottery Instead Of Anything Else? - page 3.

Best Dreams

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Quote from: SummerBliss on September 28, 2019, 10:01:00 AM

Quote from: noormcs5 on September 28, 2019, 09:31:32 AM

Quote from: ?? on ??

The simplest reason I can think of is that lottery requires small amount of bet yet high return, it even simple to play. The small bet is the more people would play the game simply because anyone can afforf it and others only plays the amount they can afford to lose. However, you really need a huge amount of luck just for you to win.

Whats the purpose and use of small bet when you cannot gain anything from it. Apart from the few exceptional cases, i never seen anyone wining a lottery. It is like that you invest something in which you know there are only 1% chances of wining. If you are a part time gambler, only then you can choose to try your luck with lottery otherwise you should avoid it.

So from your logic, there is also no good in taking insurance policy. Only 0.2-0.25% people actually claim insurance money, rest of the premium goes unused. But still taking insurance policy provides safety against unforeseen circumstances.
Similarly, lottery can also turn someone future without denting wallet much. Imagine buying $1 lottery ticket and winning $100K! I won't regred spending such $1 even though winning probability is just 0.001%.

Recently i saw a case in my family he invested all his amount in buying a lottery ticket but he lost amount after selling it after watching him being poor I lost hope in lottery but as we know different people have different luck. We should try our luck maybe we could win I you have chances even to win small.

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Quote from: ?? on ??

The reason why other people chose lottery instead of other gambling games because of minimal losses which you can only bet in a low price and you can win a huge amount of money, but it is very difficult to win in a lottery because it is all about probability or chances that you should be good in predicting the results. Honestly, i don't like playing lottery because it doesn't give me any thrills, that is why i only play poker and baccarat to give thrills and entertainment.

Along with that the amount of money you are putting in a lottery gives you a better chance to win rather than putting your entire balance on a single bet in a casino because the bets don't care about how much you are wagering!

Come on dude, Lottery is being allocated for multiple with the small investment as well as huge funds involved in that. But casino games completely in your hand, you can choose whatever amount you wish and whatever time you are comfortable.
I always the sportsbetting and casino games more than lottery kind of games.

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Quote from: Ucy on September 29, 2019, 12:44:21 AM

Quote from: maydna on September 27, 2019, 09:45:07 PM

Quote from: joshy23 on September 26, 2019, 01:50:46 AM

Quote from: maydna on September 25, 2019, 10:45:00 PM

Quote from: ?? on ??

~snip~

Actually lottery jackpots can be split between those lucky people who manage to pick the winning combinations, that huge amount of winnings always attractive for many people who are hoping for an instant richness, more and more people will continue to look for the lucky combinations that will change their lives forever.

Yeah, the lottery games will always exist for a long time because there will be many new people who want to use a shortcut to get the money. But some of them will not know that lottery games is a game base on the luck, and although they spend huge money, they are hard to win. But the lottery game is the most accessible gambling games that people know, and they don't need to learn anything.

Quote from: Ucy on September 26, 2019, 05:29:16 AM

Quote from: maydna on September 25, 2019, 10:45:00 PM

Quote from: ?? on ??

~snip~

Some have recommended playing lottery in this way but not exactly as you recommend.
You could agree with your friends, family or both, to play together and share the win. This will probably increase the chances of winning in your "team" and reduce the amount of money each individual has to pay for thesame increased chances

Yes, maybe they have a different way than what I suggest, but I think the point will be the same. When I want to buy the ticket in the lottery, I will ask my friends if they're going to join me or not. And if they want, we collect the money in me so then I can buy the ticket and share to them. Sometimes this was works to win the second or third place but that still difficult to hit the jackpot Grin

.

One of the reasons I suggested getting friends and family to buy the tickets with you and with their own money is to reduce/share the risk. In the end, whoever wins the lottery will share the win with the rest of the team according to the sharing agreement. Buying lots of tickets with your own money and sharing with friends will quickly drain your lottery fund. But contributing together could help you stay longer in the game.

This is a good way to minimize the loss for those who do not win the lottery. Since the lottery tickets are of less value , all of your friends can buy certain potions of the tickets and they will be sure that in case anyone of you win, they are surely going to get the share in the profits.

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Quote from: maydna on September 27, 2019, 09:45:07 PM

Quote from: joshy23 on September 26, 2019, 01:50:46 AM

Quote from: maydna on September 25, 2019, 10:45:00 PM

Quote from: ?? on ??

~snip~

Actually lottery jackpots can be split between those lucky people who manage to pick the winning combinations, that huge amount of winnings always attractive for many people who are hoping for an instant richness, more and more people will continue to look for the lucky combinations that will change their lives forever.

Yeah, the lottery games will always exist for a long time because there will be many new people who want to use a shortcut to get the money. But some of them will not know that lottery games is a game base on the luck, and although they spend huge money, they are hard to win. But the lottery game is the most accessible gambling games that people know, and they don't need to learn anything.

Quote from: Ucy on September 26, 2019, 05:29:16 AM

Quote from: maydna on September 25, 2019, 10:45:00 PM

Quote from: ?? on ??

~snip~

Some have recommended playing lottery in this way but not exactly as you recommend.
You could agree with your friends, family or both, to play together and share the win. This will probably increase the chances of winning in your "team" and reduce the amount of money each individual has to pay for thesame increased chances

Yes, maybe they have a different way than what I suggest, but I think the point will be the same. When I want to buy the ticket in the lottery, I will ask my friends if they're going to join me or not. And if they want, we collect the money in me so then I can buy the ticket and share to them. Sometimes this was works to win the second or third place but that still difficult to hit the jackpot Grin

.

One of the reasons I suggested getting friends and family to buy the tickets with you and with their own money is to reduce/share the risk. In the end, whoever wins the lottery will share the win with the rest of the team according to the sharing agreement. Buying lots of tickets with your own money and sharing with friends will quickly drain your lottery fund. But contributing together could help you stay longer in the game.

ReiMomo

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Quote from: ?? on ??

I do not understand how can insurance be compared with lottery. Even though insurance claims are less but the one taking insurance has piece of mind for those who take insurance.

Sorry for the interfere but what is the insurance you mean? It makes no sense because you don't understand. (don't spam dude)
Gambling lottery is probably a low chance of winning, but there are gamblers who are still looking to it because you can wager at the cheapest price of tickets that you can buy. I personally don't like on this lottery, even here in my country I don't gamble how much more on the internet we don't know what is provably fair for them. However, if you feel that you have a sign of good luck then buy tickets on the lottery.

marcuslong

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Quote from: noormcs5 on September 28, 2019, 09:31:32 AM

Quote from: ?? on ??

The simplest reason I can think of is that lottery requires small amount of bet yet high return, it even simple to play. The small bet is the more people would play the game simply because anyone can afforf it and others only plays the amount they can afford to lose. However, you really need a huge amount of luck just for you to win.

Whats the purpose and use of small bet when you cannot gain anything from it. Apart from the few exceptional cases, i never seen anyone wining a lottery. It is like that you invest something in which you know there are only 1% chances of wining. If you are a part time gambler, only then you can choose to try your luck with lottery otherwise you should avoid it.

Yeah your right that the winning rate here is impossible but the feeling when you're hoping to win in lottery is the best feeling I have when I'm bettting. So what if the winning rate is too low, who cares? Atleast your hoping to win that big money.

South Park

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Quote from: RivAngE on August 04, 2019, 05:00:38 AM

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"! Cheesy

In my opinion this happens because most people are greedy and lazy, many people have dreams of being rich and making a lot of money and there is nothing wrong with that but they do not want to go through all the efforts needed to build that kind of fortune, so instead of trying to formulate a plan to become wealthy on their own they prefer to play the lottery and they imagine that some day their dreams will come true, but we know that even if they won the lottery since they do not know the effort needed to earn that money that they will be bankrupt in just a few years.

SummerBliss

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Quote from: noormcs5 on September 28, 2019, 09:31:32 AM

Quote from: ?? on ??

The simplest reason I can think of is that lottery requires small amount of bet yet high return, it even simple to play. The small bet is the more people would play the game simply because anyone can afforf it and others only plays the amount they can afford to lose. However, you really need a huge amount of luck just for you to win.

Whats the purpose and use of small bet when you cannot gain anything from it. Apart from the few exceptional cases, i never seen anyone wining a lottery. It is like that you invest something in which you know there are only 1% chances of wining. If you are a part time gambler, only then you can choose to try your luck with lottery otherwise you should avoid it.

So from your logic, there is also no good in taking insurance policy. Only 0.2-0.25% people actually claim insurance money, rest of the premium goes unused. But still taking insurance policy provides safety against unforeseen circumstances.
Similarly, lottery can also turn someone future without denting wallet much. Imagine buying $1 lottery ticket and winning $100K! I won't regred spending such $1 even though winning probability is just 0.001%.

noormcs5

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Quote from: ?? on ??

The simplest reason I can think of is that lottery requires small amount of bet yet high return, it even simple to play. The small bet is the more people would play the game simply because anyone can afforf it and others only plays the amount they can afford to lose. However, you really need a huge amount of luck just for you to win.

Whats the purpose and use of small bet when you cannot gain anything from it. Apart from the few exceptional cases, i never seen anyone wining a lottery. It is like that you invest something in which you know there are only 1% chances of wining. If you are a part time gambler, only then you can choose to try your luck with lottery otherwise you should avoid it.

Betwrong

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Quote from: Best Dreams on September 26, 2019, 12:39:37 AM

Quote from: Betwrong on September 24, 2019, 07:50:39 AM

~As long as they buy just one ticket for ₱10.00 (0.19 USD), I think they are doing nothing wrong. Anyone can afford losing $0.19, and if you don't buy more tickets and do it only once per week or so, you should be okay.

I'm not saying that the method you described can improve one's chances of winning in any way, but if someone finds it entertaining, why not to try? After all, nothing can give you more hope, financially wise, than a lottery ticket in your pocket.

I have not seen any thing entertaining in buying lottery but as you said there are people who enjoys trying their luck in buying lottery. It all game of luck you can win it and you can make money so winning with 0.19 will surely push you to invest and buy again some become addicted but for me its all game of luck to win in lottery.

While we may argue about other games, I think no one would say that lottery is not a game of luck. The main difference from other games of luck, like dice, for example, is that in lottery you can potentially win tens of millions of your invested amount, while in dice it's only 9900x max. That's why many people choose lottery over other games.

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Quote from: joshy23 on September 26, 2019, 01:50:46 AM

Quote from: maydna on September 25, 2019, 10:45:00 PM

Quote from: ?? on ??

~snip~

Actually lottery jackpots can be split between those lucky people who manage to pick the winning combinations, that huge amount of winnings always attractive for many people who are hoping for an instant richness, more and more people will continue to look for the lucky combinations that will change their lives forever.

Yeah, the lottery games will always exist for a long time because there will be many new people who want to use a shortcut to get the money. But some of them will not know that lottery games is a game base on the luck, and although they spend huge money, they are hard to win. But the lottery game is the most accessible gambling games that people know, and they don't need to learn anything.

Quote from: Ucy on September 26, 2019, 05:29:16 AM

Quote from: maydna on September 25, 2019, 10:45:00 PM

Quote from: ?? on ??

~snip~

Some have recommended playing lottery in this way but not exactly as you recommend.
You could agree with your friends, family or both, to play together and share the win. This will probably increase the chances of winning in your "team" and reduce the amount of money each individual has to pay for thesame increased chances

Yes, maybe they have a different way than what I suggest, but I think the point will be the same. When I want to buy the ticket in the lottery, I will ask my friends if they're going to join me or not. And if they want, we collect the money in me so then I can buy the ticket and share to them. Sometimes this was works to win the second or third place but that still difficult to hit the jackpot Grin

.

Oilacris

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Quote from: STT on September 27, 2019, 05:57:46 PM

The other point of view is the actual gamble takes very little time, some people have no interest in the game itself but want just the possibility of a win and this is the easiest path to that for almost no time required at all.
A small tip for lottery is never to pick common numbers, every number combination is roughly equal to every other but common or popular numbers will result in many people picking this sequence which then means you share the prize. So you are gaining no advantage logically apart from easy to remember numbers but unfortunately is does certainly reduce the prize. For example if you use a birthday, make sure its an impossible date if you can so it cannot be shared with anyone else also betting that birthday as lottery numbers.

Do these patterns or common do really exist? I guess not unless lotteries are fully rigid yet these common numbers will not easily come out.
We cant be sure that draws are fair but what if its totally randomize? I don't believe those common number matters because everything would be random and
its just part of superstitious or cross fingered type bets when using up your birthdates to be included or considered to your number selections.

STT

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The other point of view is the actual gamble takes very little time, some people have no interest in the game itself but want just the possibility of a win and this is the easiest path to that for almost no time required at all.
A small tip for lottery is never to pick common numbers, every number combination is roughly equal to every other but common or popular numbers will result in many people picking this sequence which then means you share the prize. So you are gaining no advantage logically apart from easy to remember numbers but unfortunately is does certainly reduce the prize. For example if you use a birthday, make sure its an impossible date if you can so it cannot be shared with anyone else also betting that birthday as lottery numbers.

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Quote from: Slow death on September 27, 2019, 03:47:00 PM

Playing the lottery is a waste of money and time, people can say that the lottery ticket has a low price, and that's true, but the problem is the chances of winning and because there are few chances of winning people constantly. They are buying the tickets in the hope that they will one day win. I do not advise people to play something that has no strategy, something that should only be based on luck.

This is quite good advice and yet this is true. Probably even 1% chances of winning will not give accurate assurance about the chances of winning. I personally gamble in our local lottery but I won't attract an online gambling lottery because I did not see there a provability fair game. It can be manipulated through the system. I would rather choose based on skills online gambling just like playing cards especially poker and I would rather gamble dice game rather than a lottery.

Slow death

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Playing the lottery is a waste of money and time, people can say that the lottery ticket has a low price, and that's true, but the problem is the chances of winning and because there are few chances of winning people constantly. They are buying the tickets in the hope that they will one day win. I do not advise people to play something that has no strategy, something that should only be based on luck.

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Quote from: Barbut on September 26, 2019, 12:24:21 PM

People choose to play the lottery for one reason, it`s cheap and with that little amount you can win huge money. What is a dollar? Even in the undeveloped country most of the people can afford to throw away dollar or two weekly and to have some chances to win huge money.
I don`t play the lottery, maybe in my life, I hade just a few tickets, and of course, I didn`t win anything. I like other gambling games much more, the ones where I`m an active player, where I think about strategies and bets.

That's right, people can afford to bet for a dollar or two and win big without hastle. But I guess it's more fun to play dice and roulette than betting on a boring lottery.

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Quote from: Malsetid on September 27, 2019, 08:01:06 AM

Quote from: Best Dreams on September 27, 2019, 06:26:28 AM

Quote from: mersal on September 26, 2019, 05:09:06 AM

Quote from: lienfaye on September 26, 2019, 04:20:35 AM

Quote from: mersal on September 26, 2019, 03:42:19 AM

Less bet amount and huge rewards attract people towards lottery than other gambling games but also the winning part in lottery is highly not possible but we can win on any other games we bet atleast few times.When people get the intentions to make lot of money by overnight they will pick lottery is the game to play.

AFAIK many countries were banned lotteries particularly due to lot of scam.

Indeed, the lottery ticket is cheap that anyone can afford to buy especially the less fortunate people thats why even the chances to win is slim many are still trying their luck because if you win your life will definitely change.

But the reality is it may never happen to 99.999% people who were trying lottery even for their entire life time.But the lottery owners can keep making in millions even after their paid huge rewards to the winners.

Well even if you are right then just tell me why the system is increasing the promotion of buying and selling lottery all around the world. People wins huge amount at single lottery it’s about the safety id money. Gambling is also profitable but in gambling you applies your skills and your abilities to gamble but in lottery you only will buy and wait so it’s relaxing I guess.

The thing with lottery is, even if the odds are almost impossible for you to win, the amount that you'll need to place a bet is very minimal. That's what makes it appealing. Regular pay workers cam dream of becoming a millionnaire with a small amount. And even if chances are extremely low, you still get an equal chance as other people. I also haven't heard of anyone who's gotten addicted to lottery.

Lottery is a game of chance and can be played independently, so you don't need to bet using strategy. The situation is based on lucky pick, and whether you choose your combinations you can't have the 100% assurance unless you're lucky enough to have the winning probability.

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Quote from: Best Dreams on September 27, 2019, 06:26:28 AM

Quote from: mersal on September 26, 2019, 05:09:06 AM

Quote from: lienfaye on September 26, 2019, 04:20:35 AM

Quote from: mersal on September 26, 2019, 03:42:19 AM

Less bet amount and huge rewards attract people towards lottery than other gambling games but also the winning part in lottery is highly not possible but we can win on any other games we bet atleast few times.When people get the intentions to make lot of money by overnight they will pick lottery is the game to play.

AFAIK many countries were banned lotteries particularly due to lot of scam.

Indeed, the lottery ticket is cheap that anyone can afford to buy especially the less fortunate people thats why even the chances to win is slim many are still trying their luck because if you win your life will definitely change.

But the reality is it may never happen to 99.999% people who were trying lottery even for their entire life time.But the lottery owners can keep making in millions even after their paid huge rewards to the winners.

Well even if you are right then just tell me why the system is increasing the promotion of buying and selling lottery all around the world. People wins huge amount at single lottery it’s about the safety id money. Gambling is also profitable but in gambling you applies your skills and your abilities to gamble but in lottery you only will buy and wait so it’s relaxing I guess.

The thing with lottery is, even if the odds are almost impossible for you to win, the amount that you'll need to place a bet is very minimal. That's what makes it appealing. Regular pay workers cam dream of becoming a millionnaire with a small amount. And even if chances are extremely low, you still get an equal chance as other people. I also haven't heard of anyone who's gotten addicted to lottery.

Best Dreams

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Quote from: mersal on September 26, 2019, 05:09:06 AM

Quote from: lienfaye on September 26, 2019, 04:20:35 AM

Quote from: mersal on September 26, 2019, 03:42:19 AM

Less bet amount and huge rewards attract people towards lottery than other gambling games but also the winning part in lottery is highly not possible but we can win on any other games we bet atleast few times.When people get the intentions to make lot of money by overnight they will pick lottery is the game to play.

AFAIK many countries were banned lotteries particularly due to lot of scam.

Indeed, the lottery ticket is cheap that anyone can afford to buy especially the less fortunate people thats why even the chances to win is slim many are still trying their luck because if you win your life will definitely change.

But the reality is it may never happen to 99.999% people who were trying lottery even for their entire life time.But the lottery owners can keep making in millions even after their paid huge rewards to the winners.

Well even if you are right then just tell me why the system is increasing the promotion of buying and selling lottery all around the world. People wins huge amount at single lottery it’s about the safety id money. Gambling is also profitable but in gambling you applies your skills and your abilities to gamble but in lottery you only will buy and wait so it’s relaxing I guess.

Barbut

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People choose to play the lottery for one reason, it`s cheap and with that little amount you can win huge money. What is a dollar? Even in the undeveloped country most of the people can afford to throw away dollar or two weekly and to have some chances to win huge money.
I don`t play the lottery, maybe in my life, I hade just a few tickets, and of course, I didn`t win anything. I like other gambling games much more, the ones where I`m an active player, where I think about strategies and bets.

Topic: Why Choose Lottery Instead Of Anything Else? - page 3. (Read 7650 times)