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Roller Coasters Vs. the lottery...

Topic closed. 6 replies. Last post 10 years ago by pumpi76.

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Honduras
Member #20982
August 29, 2005
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Posted: August 10, 2006, 1:37 am - IP Logged

 I was looking at roller coasters on Tv and i am surprise at some things...The program i was looking at was about roller coasters...For example, there are roller coasters that cost 4 million, I was looking at the tv and saw one that cost 24 million. The surprising thing is that building, maintaining, and starting a roller coaster cost money too and it requires research, lot of research. Research with computers, electronics, dummies, people studying optimization, etc..Roller coasters have so much research that the Navy is involved on it too [don't know if in partnership, something to do with the navy using the same technology that the roller coasters use]. So it got me thinking, why can the lottery be more like the roller coaster bussiness?Ask yourself something, how much will it cost to start a multi-million dollar lottery?The roller coaster bussiness is like the lottery, is about making money, and you could say entertaining people or in this case giving people the illusion that they can get a chance at been rich..There was so much research also about the "g" or gravity forces acting in roller coasters and how much a human can withstand...

MY thing is, why can lotteries be more like the roller coasters bussiness..Why can they have teams doing research, experiments, and study about the possible consequences a certain lottery configuration can have, example: what i call, the carrying capacity of a lottery game, whether a game can withstand strategic attacks, what are the right payouts, the relativeness of the amount of winners or players to the amount of payouts, possible scenarios of quantity of certain payouts and how will it impact the game, whether to use RnG or the lotto Machine, what are the difference or benefits of the latter and the former, wheel creation and its correspondence with payouts, the chance that there could be a gigantic lottery stock market one day, the impact different prices per ticket can have, optimization problems etc, etc..These are just a small portion of the many aspects that need research and study before starting a lottery and the implications it can have..MY question is why haven't the lottery done so and why do we have such aberration games like keno which i consider to be killers (figuratively)..The joke is that the bonus ball range in lots of these games doesn't go down but keeps going up as time progressess..

YOu can compare the price of maintenance, energy, personel, in roller coasters, etc to lottery air time...I mean can't you?

YOu should see the money spent on researching the new technology around the lines of electromagnetic propulsion in rails...

what do you all think?

 

"....For the glory of Rome..."

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    Honduras
    Member #20982
    August 29, 2005
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    Posted: August 10, 2006, 11:24 am - IP Logged

    another abberation is Powerball & Megamillions...They are monsters gone bad/awry (A monstruosity!)....California Superlotto (even though they should had set the bonus ball from 1-24) is O.K but Megamillion and Powerball are experiments gone bad..

     

     "...Those eyes....        they dissappeared..."        from movie "Predator 1"

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      Coastal Georgia
      United States
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      October 30, 2003
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      Posted: August 10, 2006, 11:46 am - IP Logged

      I can see similarities between roller coasters and lotteries, but it ain't what you are thinking.

      When I get lottery tickets, I start off slowly looking at the numbers , just like the car climbing the hill..I think I can..I think I can...

      then, I start trying to match the numbers- going down hill fast !!

      running out of numbers...running out of tracks...

      uh-oh- I'm turning loop de loops...

      then , I realize I didn't match jack, and I come to a screeching halt, just like the car does...

      My neck and backside hurt...

      There. playing lotto does feel like a roller coaster ride !!

       

      DD

       

                                     

                    

       

       

        RJOh's avatar - chipmunk
        mid-Ohio
        United States
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        March 24, 2001
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        Posted: August 10, 2006, 12:07 pm - IP Logged

        Lotteries are money making businesses. Why do you think GTECH and Scientific Games are contracted by the states to run them?  They setup the games, design the software and terminals to run the games and the maintenance procedures to keep the whole system running.  The odds and payouts of the different games aren't just picked out of the air, they are designed to appeal to a particular group of people.  You may buy a quick pick and hope to get lucky, but states don't start lotteries hoping to get lucky and make some money, they design their lotteries so they will make money.

         * you don't need to buy more tickets, just buy a winning ticket * 
           
                     Evil Looking       

          TheTruth's avatar - Lottery-063.jpg
          Detroit, MI
          United States
          Member #43946
          July 27, 2006
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          Posted: August 10, 2006, 12:49 pm - IP Logged

          Lotteries are money making businesses. Why do you think GTECH and Scientific Games are contracted by the states to run them?  They setup the games, design the software and terminals to run the games and the maintenance procedures to keep the whole system running.  The odds and payouts of the different games aren't just picked out of the air, they are designed to appeal to a particular group of people.  You may buy a quick pick and hope to get lucky, but states don't start lotteries hoping to get lucky and make some money, they design their lotteries so they will make money.

          true, but the majority of states i know donate that money to charities, mostly school systems that are in need of the money. I kind of see it as a non-profit organization at most, knowing that dollar i lost wasn't really lost, but put toward a really good cause. Lottory is more beneficial then a state casino or other gambling forms and its more unique because they give the money the lottery makes to people of need.

          "The happiest moment of your life will be the moment it ends...thats because it doesn't end but goes on in ways so magnificent, so full of peace - wisdom - and joy, as to make it difficult to describe  and impossible for you to comprehend"

          God


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            June 22, 2005
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            Posted: August 10, 2006, 1:16 pm - IP Logged

            Like RJOH said, they already did those things to make sure they make money.

            In Florida, they go to great lengths to make the p-3 as difficult to win as possible. For the p-3, they have 21 ball sets, to which 3 are chosen at random for the night's drawing. They don't announce which ball sets are used, and on top of that, whatever 3 sets they choose, they do pre tests with them. So, there goes any hope of trying to follow a trend or pattern. Like it's not bad enough to beat 1 in a thousand, but they have to make it even that much more difficult. I don't know the actual number amounts, but I'm pretty sure that if they left the machines alone, even with more people winning, they would still come out way ahead of the game, but their greed is what gets my goat.

            So, whenever someone tells me that there's no way to predict the numbers, because the balls have no memory of the previous night's drawing, I tell them that there are patterns and trends to follow, but only if the officials would leave the damn machines alone, and to ask why the Lottery officials go to such lengths to avoid any possible trends and patterns to form, if there weren't any, as the naysayers claim.

            Atleast on a roller coaster ride, you get a thrill. With the Florida P-3, they only make my blood pressure go up.

            I would like to know which state does the least amount of tinkering with their machines and pre tests, if any at all. If I knew, I would only play in that state.

            Sorry for venting, but I get really mad sometimes.

            I'm starting to sound like Losing Jeff.....LOL

            P.S. To make things even worse, my bank doesen't allow me to use my debit Visa card with any entity involving gambling. I would definitely win more if I can play other states. Especially with Arlene Meek's numbers. Florida is hardly ever on her "states to play" list, and now I know why....LOL

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              Honduras
              Member #20982
              August 29, 2005
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              Posted: August 10, 2006, 3:10 pm - IP Logged

              i agree with you packattack, when i think about this kind of stuff, it just makes me mad..I trail off when i think about that kind of stuff (the pre-testing thing)...Sometimes i feel like i am living in China or Cuba when i think of those stuff...I wonder who is Arlene Meek, never heard of her...

              MY question to you all is, YOu think that if online lotteries were legal, that people/individuals would spend money to create them just the same way people spend money to build roller coasters knowing both things could be a profitable bussiness?

              What i wish so bad is to create something that could immitate the stock market, where there are multiple winners and multiple losers, and where people have the chance to make money if is possible withouth the hassle that the stock market requires..The lottery is the only thing i can think off...Yeah you always hear about people in the stock market that made lots of money, and you ask yourself how did they do it, and you later find out that is a tricky or very complicate way the way they did it.....If i could create like a lotto stock market, i will consider it for small betting, while the actual stock maket for big betting or investment...But a lotto stock market that will make lots of winners, and not just 1 winner like in regular lotteries....In the stock market, only the very savvy, jargon-wiser, in good position makes tons of money off of it..I always read about guys that make tons of money off of the stock market, and they turn out to be, incredibly savvy guys with connections...Also want a lotto stock market, where there is a limit to how much money you can make, this will prevent someone (a company) from making extremely too much money on the bussiness, like oil companies in the real stock market...Lottery jargon is simple....

              I need to know how many people on the average bet in the NYSE, Nasdaq, etc on an average day...I need to find that information....

               

              "...Those eyes.....        ...they dissappeared...."                  from movie "Predator 1"