The way I see it playing the lottery is fine as long as A) it is money you can afford to lose and B) it isn't much. Yeah, the odds of winning are infinitesimal but as they say you have to be in it to win it. And if by some miracle you do it could be life-changing, so for that reason I'd say it's cool in small doses.
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Most people aren’t ready to receive a large amount of money ...
That is an understatement. In addition to suddenly having the money to indulge your desires, there's the whole "everyone wants my money" aspect.
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Actually, not just lottery winners, but all rich people.
70% of all newly rich families lose their money by the second generation. 90% by the 3rd generation
TL;DR There's 90% chance Bill Gate's grandchildren will be poor/regular.
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Coffee is my drug of choice.
like seriously, 2 weeks ago I hated it .
drank one cup and now I am doing lines of ground jamacian coffee off the kitchen counter as soon as I wake up.
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none would believe me when i say "my headache needs a coffee, right now" :P
even if "my" caffeine acts little differently, say, from "yours", i think in my case that's a (bad bad) loop:
---> caffeine ---> internet at night ---> more caffeine --> headache for not sleeping enough ---> caffeine --> ...
:D
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you are using this site wrong.
you are supposed to enter every GA with cards.
you get the juicy +1 AND you get games to idle for cards(money).
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i'm still trying to grasp the basics of professional leeching:
once i'm done with this i will move onto more advanced techniques like +1ing everything i can see. 💃
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Don't forget to include the number of achievements somehow for that other +x number
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All you're gonna get are insults and mockerys from people who have way too much money and for some god knows what reason they join giveways and mock you for not making any. All they will tell you is to make more giveways so you could raise your level and then you would have a bigger chance to WIN but by then you would have spend money than you could have spend elsewhere! i don't know like bying the game you want ... -_-
Just so you know don't complain ! Users don't like it here :/ And they will make you regret speeking your mind, after all if you're not rich enough to spend money on games just to collect by STEAM/Steamgifts logic you're stupid.
EDIT: if you wonna win just find a new group that makes private giveways ,collect your WINs from there and never hope for a WIN from a public giveaway they are just made so you could spend your extra points.
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basic probability understanding is what you need
I had a discussion with a friend about probability and football (not american). Two teams team X and team Y with probabilities 0.8 and 0.2, respectively. He claimed that since team X in football has won 9 times over team Y that the probability of team X winning again is pretty low. In truth, it is still more probable that team X wins because each event it separate. Even if you look at probability of the combination of the events - team X winning 10 games in a row is more probable than team X winning 9 games in a row and losing one. But if you look at all the combinations together then it isn't very probable that team X wins 10 games in a row, because there are a lot of combinations and the sum of those combinations is greater than that one combination.
How is this related to giveaways? Well winning a giveaway is kind like Y and losing a giveaway X only with even worse probabilities (with 500 entries 1/500=0.002 to win). It is more probable that you lose every single giveaway, but if you participate long enough in giveaways the combinations stack up and it becomes more probable that you win at least one giveaway.
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it's a 50/50 chance.
you either win a GA or you don't.
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To win in a giveaway you must not lose in a giveaway.
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Your argument for why the probability is still high is incorrect. Once the events occurred they don't influence the probability of the next event. So for your football example, P(winning 10 times in a row) is irrelevant if 9 games are already played. The probabilities for winning are exactly 80% and 20% respectively.
Counterintuitive, but history doesn't matter. If you lost 2000 giveaways you are no more likely to win your next one. Believing otherwise is gambler's fallacy.
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But that is what I exactly said. 9 games played and it is still more probable that team X wins. The probabilities for the next event is still 80 and 20 aka the events are independent.
What I was talking about in addition was the combination of events. What is the probably of X winning two games in a row? 0.8*0.8=0.64 it's the most probable combination after two games. After a lot of games the combination of winning each and every single one of the games is still the most probable combination of all the other combinations. But if you look at that one outcome/combination versus all the other possible outcomes/combinations it isn't very probable anymore.
For giveaways: It is the most probable combination that you lose every single one of the giveaways you enter, but as you enter more and more giveaways the outcome of losing them all becomes improbable.
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Everyone has their vices. So long as it harms nobody else (and its effect on your wellbeing isn't too reckless), all the more power to you. Nobody is getting out of life alive, so any excuse we can find to derive some small joy at no expense to others, have at it.
Though perhaps try migrating your vice towards stock investment, I hear that's like a lottery that rolls every 5 minutes. :3c
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My accountant is fond of pointing out that - assuming one can afford the small amount - playing the lottery is a completely sound bit of gambling; one's odds of winning are low, but without purchasing a ticket they are non-existent, and so the level of investment versus return is reasonable. Any given ticket has a vanishingly small chance of winning, but no tickets has no chance at all. One ticket gets you in the game.
What is not sound is buying another ticket. It doubles your investment, and essentially doesn't increase the odds of winning at all.
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My mom buys her weekly lottery ticket, and my dad put the same amount of money in a bank account.
Every year, they compare who has made more money. Even with the occasional small wins that my mother manages to get, my dad always comes out on top.
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Of course. That's why on the rare occasions where I buy a lottery ticket, I tend to wait a while before I validate it.
I haven't lost until I actually checked the number. Schrödinger's ticket: I'm broke, and also a millionaire.
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this site is the perfect example on why you shouldn't waste money playing the lottery
what?
You can win PC games on SG, not money
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Entirely possible, even likely, but I have no memory of it. :) My memory is pretty bad. I know I watched quite a bit of Sliders, but don't remember much of it. I remember once they introduced penicillin to a world and once they left the toilet seat up where there were supposed to be only women. That's all that comes to mind at this moment.
So sorry for ruining what obviously is a great reference.
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I don't understand how someone can be as lucky as they are.
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To be fair, they're almost all rerolled. No matter how many wins that guy gets, you can take a peek a few days later and someone else has been selected.
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maybe ask this person if you want an honest answer Mavis Wanczyk
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If you could vastly improve your chances of winning the lottery by completing a couple of jigsaws and joining a few groups, then yes, they're virtually identical.
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If you mean to say that this site proves probability and chance rarely work in your favor if there are enough participants, then yes.
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Pretty much this.
If OP meant anything else, then they are most likely wrong.
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Our UK lottery gives a lot of the cash to good causes and last time i checked it was owned by some Canadian pensions fund ,not sure how that benefits people in the U.K though.
Also UK lottery had the odds made worse a while back (increased the number of balls or something and raised the price from £1 to £2/2.50 ) so the chance of winning is even less than it used to be.
I do the free postcode lottery every day , just costs a few mouse clicks.
Sometimes i do the emoji lottery too :) ,though that seems a bit rubbish.
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I've actually won from our national lottery a couple of times; nothing crazy like a million dollars, but several thousand worth.
You can't win unless you try.
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No worries and maybe contemplate a move to certain areas on Earth where the pickings are high with only a few cents in exchange. ^^
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am i right or what?
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