Lottery is one of those games where you are likely never to experience a win, of course the jackpot can be huge but that is because of the super small odds. Even if a lot of gamblers lose money overall they get a good feeling when they at least win something every now and then.
Lottery will affect the people more than the jackpot because the chances of winning from lottery is almost impossible so people have to keep trying and trying throughout their life time but still it may or maynot happen once and for someone who is extremely lucly it could change their entire life time in one day but the ratio of lost people with the one is really extreme edge so we could not expect to win in a lottery. 
Topic: Why Choose Lottery Instead Of Anything Else? - page 9. (Read 7650 times)
I've never heard of people who play the lottery over anything else, though I guess some people get obsessed with it and gamble with blinders on, being insistent and forgetting about anything else.
I know more gamblers who avoid the lottery because it's all low odds and no real skill.
Most of the people I know who do lotteries just do it with pocket change for a while until they decide on a better game. Even slots are better than a lottery.
I know more gamblers who avoid the lottery because it's all low odds and no real skill.
Most of the people I know who do lotteries just do it with pocket change for a while until they decide on a better game. Even slots are better than a lottery.
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"!
I think the thoughts of people are different, some are quick to respond and some are not. The characteristics of successful people can differentiate between those who are profitable and those who are just having fun or not being profitable. playing lottery is fun but it's not profitable, but playing stock is very useful if you know the price of circulation in the market. 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"!
Lottery is one of those games where you are likely never to experience a win, of course the jackpot can be huge but that is because of the super small odds. Even if a lot of gamblers lose money overall they get a good feeling when they at least win something every now and then.
Here in my country, lotteries are run by the government and proceeds are used in various projects and most specially helping those who are in need like for hospitalization. So if I did not win, at least the money will be spent in helping people. It's just sad that lately there were news that portion of that money are going to that pockets of politicians and not to where its intended purposes.
The same thing happened in my country in the past when gambling was still legal. The money generated from the lottery is usually used for useful things, especially in sports. At that time, the sporting achievements in my country looked quite good compared to now.
Btw, the lottery can be very attractive to people because they only sacrifice a little money for a prize that is fantastic even though in reality, the lottery can just s*ck up someone's wealth if they keep trying to get it from time to time.
Yeah I remember when the lottery in our country was still a legal gambling game provided by the government. I was a kid at that time but I know it since my father and many neighbors always participate on that lottery. Basically lottery is a fun and attractive game except the one which are popping up in this gambling industry in the last few years. Lottery which is just like a raffle is not attractive enough for most people because the prize depends on how many tickets are sold. I really miss the lottery from jackpotracer (dustlottery) where player could win huge amount of money with so small bets and the prize was not affected by how many players are participating as the lottery is like player against the house while most current lottery is player vs player.
People like to chase the big jackpots that a lottery provides even though the odds are a lot lower overall compared to blackjack. Also many lotteries are used to fund government programs like the public education system.
The high pays that is in lottery make many gambler to be in love with the their platform, their olds are far better than that of the bet especially that of the soccer bet. Have been involved in the national lottery but have not be able to win from my bet, but when the luck comes, the money always come in volume.Maybe some gamblers use the biggest capital in the lottery but don't forget that the lottery owner will not allow them to buy many tickets. The lottery owner knows that if they don't limit the amount of the ticket that can be purchased by each person, the jackpot will easily to be hit by people who have the biggest capital. So that makes gamblers could only buy some amount of the ticket and hope that their ticket will be the winner. The chance for this will not be bigger depends on how much their ticket and the only person who have lucky will hit the jackpot.
People like to chase the big jackpots that a lottery provides even though the odds are a lot lower overall compared to blackjack. Also many lotteries are used to fund government programs like the public education system.
The high pays that is in lottery make many gambler to be in love with the their platform, their olds are far better than that of the bet especially that of the soccer bet. Have been involved in the national lottery but have not be able to win from my bet, but when the luck comes, the money always come in volume.
Though there's a very low chance to win in lottery many people still prefer it because of the high profit if ever you hit the jackpot.
Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
I actually quit Lottery some time ago because it's almost impossible to win, how can one person choose 5 numbers between 1-90 and expect to get it right, its almost impossible, thats why i switched to soccer betting because with that at least there are some trends if you look closely.Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
It sounds funny but she never lose hope that she might win. Well her family is well-off so I think its not a problem if she spend few dollars often.
Buying a lottery ticket is WAY easier than say, stocks. It's convenient and don't really cost much and if you do get lucky, the returns are huge. That's why if people have some spare change, they'd use that for the tickets.
For me only reason to encourage people to play this over other forms of gambling is (depending on the country) portions of the income usually go to charity. In our country for example it often goes to healthcare. I've had some relatives get hospitalized and the money from the sweepstakes plus the government insurance meant they only paid a small amount.
With private casinos they only remit a small amount of the earnings for taxes. So on a personal level, yes people likely would never win the lottery despite playing regularly for life but at the same time, it benefits society more than other gambling. Every now and then I'd buy a ticket and knowing that, has never felt guilty or cheated.
For me only reason to encourage people to play this over other forms of gambling is (depending on the country) portions of the income usually go to charity. In our country for example it often goes to healthcare. I've had some relatives get hospitalized and the money from the sweepstakes plus the government insurance meant they only paid a small amount.
With private casinos they only remit a small amount of the earnings for taxes. So on a personal level, yes people likely would never win the lottery despite playing regularly for life but at the same time, it benefits society more than other gambling. Every now and then I'd buy a ticket and knowing that, has never felt guilty or cheated.
Here in my country, lotteries are run by the government and proceeds are used in various projects and most specially helping those who are in need like for hospitalization. So if I did not win, at least the money will be spent in helping people. It's just sad that lately there were news that portion of that money are going to that pockets of politicians and not to where its intended purposes.
The same thing happened in my country in the past when gambling was still legal. The money generated from the lottery is usually used for useful things, especially in sports. At that time, the sporting achievements in my country looked quite good compared to now.
Btw, the lottery can be very attractive to people because they only sacrifice a little money for a prize that is fantastic even though in reality, the lottery can just s*ck up someone's wealth if they keep trying to get it from time to time.
Though there's a very low chance to win in lottery many people still prefer it because of the high profit if ever you hit the jackpot.
Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
I actually quit Lottery some time ago because it's almost impossible to win, how can one person choose 5 numbers between 1-90 and expect to get it right, its almost impossible, thats why i switched to soccer betting because with that at least there are some trends if you look closely.Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
It sounds funny but she never lose hope that she might win. Well her family is well-off so I think its not a problem if she spend few dollars often.
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Though there's a very low chance to win in lottery many people still prefer it because of the high profit if ever you hit the jackpot.
Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
I actually quit Lottery some time ago because it's almost impossible to win, how can one person choose 5 numbers between 1-90 and expect to get it right, its almost impossible, thats why i switched to soccer betting because with that at least there are some trends if you look closely.Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
To win the lottery will need luck, without luck, you will only lose your money in anytime. But I think there are one or more people who can win the lottery by buying one ticket only and that is because they have great luck at that moment so they can win the jackpot. They cannot get another winning in the other days because the luck will not come to them again.
Playing soccer betting will give a bigger chance to win because you can choose the right teams if you have much information about each team. And I think that sports betting will have potential to win than in the lottery.
Though there's a very low chance to win in lottery many people still prefer it because of the high profit if ever you hit the jackpot.
Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
I actually quit Lottery some time ago because it's almost impossible to win, how can one person choose 5 numbers between 1-90 and expect to get it right, its almost impossible, thats why i switched to soccer betting because with that at least there are some trends if you look closely. Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
Though there's a very low chance to win in lottery many people still prefer it because of the high profit if ever you hit the jackpot.
Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
Plus the amount you spend for buying a ticket is low its a good thing for ordinary people because they can afford it.
Well we have different preference when it comes to gambling so we have our own reason why we chose the game even its impossible to win.
One main reason I can think of is probably low stakes, high rewards. We all know that greediness is, by default embedded within a human's psyche, ergo rendering us hungry for a high roll without risking a lot in the process. This has been pretty evident to the nature of gamblers, though there are still people who are willing to go nuts to chase losses etc. There also goes the factor of "feeling lucky" that some people carry on with them. It's a flawed belief, but given the low stakes of a lottery, why not go for it and hope to hit the jackpot, aye?
Exactly low stakes high rewards, that's the reason why a lot of people choosing to bet in lottory than to play blackjact or casinos using skills.
Some people are trying to get huge rewards even they know the chance is very low to get win the price rewards.
I think the other reason why people choose the lottery is that they can feel excited about the game. People don't have to buy a lot of tickets if they only want to feel the fun thing because with only buy 5 tickets, I think they will be curious to wait for what ticket that will come out. Some of them will buy more ticket if they cannot win because they still want to be the winner.
Lottery is the simplest gambling and very easy to do, we only need to buy a ticket and try his luck to win the big jackpot. many people assume that if you buy more tickets, the chance of winning is greater, but I think that to be able to win the lottery game is based purely on luck
That is right, the lottery is a gambling games base on luck, and we cannot easy to win the game if we don't have luck. The luck itself will not come in anytime to every gambler, but the luck will come in the right person. The lottery can make gamblers become greed because they will spend more money to buy the tickets so their chance to win the prizes will bigger.
The chances of winning are very close to zero but if you win, it can change your life in an instant. This is why most of the people out there choose to gamble in lottery rather than other gambling games. Before you win in lottery, you will spend a lot first .
Every other gambling can actually change the live of a player in seconds if lucky to win big, I just feel people choose lottery over other gambling because they understand that it has very low chances of winning, so no emotion attached when playing and also, it is very cheap and affordable to play. It’s easier to throw 1 dollar in an investment with the expectation that it could increase to 1 million dollar in 20 years than putting $10000 with the same expectation. .I play lotteries and most times I get the tickets and the reason is not far from this, because it’s cheap, I don’t consider it a waste and it’s something I can easily use my spare money to get.
Chances of winning in the lottery is around 1 out of 14 million. Although the numbers and the chances might be considerably low, the fact that people win makes it worth trying for. Unlike in gambling wherein you actually participate in each game and bet your money in a pool, the chances of winning may be higher but you are situated in an environment wherein continuous outflow of cash may happen.
Both are considered 'gambling' but participating in the lottery makes an individual deviate from the conventional gambling that has a relatively higher chance of rendering addiction. The choice is yours!
Both are considered 'gambling' but participating in the lottery makes an individual deviate from the conventional gambling that has a relatively higher chance of rendering addiction. The choice is yours!
I just do not get it that how it is sensible to invest in a lottery system where the chances of wining is 1 out of 14 million
You need to be that much lucky to be able win a lottery and remaining around 13 million+ people will lose and will not win anything. I think it is much better to play gamble then to invest in lottery.
People like to chase the big jackpots that a lottery provides even though the odds are a lot lower overall compared to blackjack. Also many lotteries are used to fund government programs like the public education system.
The high pays that is in lottery make many gambler to be in love with the their platform, their olds are far better than that of the bet especially that of the soccer bet. Have been involved in the national lottery but have not be able to win from my bet, but when the luck comes, the money always come in volume.You are not alone bro, I am not into lotteries because I see it as a total waste of money. It takes 1 among 10,000 players that get a lottery ticket to win and it annoying. Why would I commit my money into a game I am very much aware would not be easy to win. This is simply the reason I do not play at all. It has completed zero chance of winning.
It is not a total waste if those lottery is own by the government. In our country a percentage of our lottery's profit helps the poor people in their hospital bills. It's just a matter of preference and what type of gambling you enjoy. In the end all of them is just based on luck.
I see lottery players as excessively rich people that only need an avenue to waste money with the hope of investment.
If they are rich people why would they still waste their money on lotteries? People that tries their luck on lotteries hopes it will change their future financially. They just think that they'll just lose more if they use it on a casino or playing on some gambling websites.
You are not alone bro, I am not into lotteries because I see it as a total waste of money.
Its not a waste of money if you consider time is money and lottery allows the best return to time spent to engage the gamble. Its the worst game for anyone who plays for entertainment because there is only really the time they read out the numbers and how long can that take to do really.
All depends on the customer and what they want, all games are valid if it is to the satisfaction of the gambler, its rare any of these games are especially practical but thats why you only spend a minor amount of your budget on such things.
I like the government lotto where you deposit the money, maybe win something and then get the money back after some time. Its very remote odds but literally dont lose anything.
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