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Playing The Lottery Versus Saving Our Money.

Topic closed. 67 replies. Last post 4 years ago by onlymoney.

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whiteballz's avatar - Lottery-015.jpg
Nutley, New Jersey
United States
Member #131058
August 1, 2012
875 Posts
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Posted: April 17, 2013, 5:34 pm - IP Logged

I WILL PLAY THE LOTTERY SOMEDAY TO AVOID THE LOTTERY INSANITY. IT IS OKAY TO DREAM.

someday is today for me. I am playing PB for tonight's drawing.

.

    THRIFTY's avatar - great seal_obverse.jpg
    NEW YORK
    United States
    Member #90535
    April 29, 2010
    12118 Posts
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    Posted: April 17, 2013, 5:38 pm - IP Logged

    someday is today for me. I am playing PB for tonight's drawing.

    I also played Powerball today.Good Luck

    US Flag

    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

      whiteballz's avatar - Lottery-015.jpg
      Nutley, New Jersey
      United States
      Member #131058
      August 1, 2012
      875 Posts
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      Posted: April 17, 2013, 5:39 pm - IP Logged

      I also played Powerball today.Good Luck

      good luck to you too.

      .

        THRIFTY's avatar - great seal_obverse.jpg
        NEW YORK
        United States
        Member #90535
        April 29, 2010
        12118 Posts
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        Posted: April 17, 2013, 5:43 pm - IP Logged

        Imagine Pedro Quezada winning the Powerball jackpot again by playing a single line quick pick like he did.

        US Flag

        PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!


          United States
          Member #116268
          September 7, 2011
          20244 Posts
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          Posted: April 17, 2013, 5:51 pm - IP Logged

          I also played Powerball today.Good Luck

          Good luck 2 U Thrifty. I always play 4 D PB JP.

            THRIFTY's avatar - great seal_obverse.jpg
            NEW YORK
            United States
            Member #90535
            April 29, 2010
            12118 Posts
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            Posted: April 17, 2013, 5:56 pm - IP Logged

            Good luck 2 U Thrifty. I always play 4 D PB JP.

            We will win a lottery jackpot someday my friend. Evolution has prepared us to assume more risk in order to survive another day. LOL.

            US Flag

            PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!


              United States
              Member #116268
              September 7, 2011
              20244 Posts
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              Posted: April 17, 2013, 6:01 pm - IP Logged

              We will win a lottery jackpot someday my friend. Evolution has prepared us to assume more risk in order to survive another day. LOL.

              I Agree! Winning the lottery jackpot is only someday away.

                THRIFTY's avatar - great seal_obverse.jpg
                NEW YORK
                United States
                Member #90535
                April 29, 2010
                12118 Posts
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                Posted: April 17, 2013, 6:13 pm - IP Logged

                I Agree! Winning the lottery jackpot is only someday away.

                EVOLUTION AND TAKING RISKS TO SURVIVE.

                "You can just quit, but I wouldn't bet on it.

                You're right, they are way ahead of you on the lines, the lines are strategically based to guarantee the bookies a profit on the vig. Even before there were computers, they had it worked out as to how to balance the books to guarantee a profit, there's just too much of a margin. Also you aren't disciplined enough, even if you knew the exact probabilities you can over bet and run expectations in your favor and that's what you do when you're trying to regain your losses, after a loss your plays should go down not just a little but a lot, you have to be risk averse. If you knew the probabilities and could operate like a computer you could perhaps gain by strict money management but it isn't going to happen.

                The reason why it won't happen is because you are human. We have evolved over millions of years to over bet, to assume too much risk. This is because evolution doesn't care if we individually survive so long as enough survive to continue the species so evolution wants us to take risks that almost guarantee individual failure on the basis that some in the population are successful and some in the population are. That's why so many people play the lottery and some people do hit it rich but you are practically assured of losing your money when you play. The same is true of gambling and anything else where risk is involved, you are evolved to take risks that assure your individual defeat, you have to fight that any which way you can even if you're just investing for your retirement, with gambling the margins are tight, often guaranteed not to exist and you're almost certain to over bet. In investments there are certain guidelines such as a conservative or moderate portfolio where you can be fairly confident you're not over betting but even with that almost everyone over bets. You can't blame your self for gambling that's what millions of years of nature has set you up for but as a rational man you have to fight it with every waking moment." By JOHN W.

                US Flag

                PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!


                  United States
                  Member #116268
                  September 7, 2011
                  20244 Posts
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                  Posted: April 17, 2013, 6:24 pm - IP Logged

                  EVOLUTION AND TAKING RISKS TO SURVIVE.

                  "You can just quit, but I wouldn't bet on it.

                  You're right, they are way ahead of you on the lines, the lines are strategically based to guarantee the bookies a profit on the vig. Even before there were computers, they had it worked out as to how to balance the books to guarantee a profit, there's just too much of a margin. Also you aren't disciplined enough, even if you knew the exact probabilities you can over bet and run expectations in your favor and that's what you do when you're trying to regain your losses, after a loss your plays should go down not just a little but a lot, you have to be risk averse. If you knew the probabilities and could operate like a computer you could perhaps gain by strict money management but it isn't going to happen.

                  The reason why it won't happen is because you are human. We have evolved over millions of years to over bet, to assume too much risk. This is because evolution doesn't care if we individually survive so long as enough survive to continue the species so evolution wants us to take risks that almost guarantee individual failure on the basis that some in the population are successful and some in the population are. That's why so many people play the lottery and some people do hit it rich but you are practically assured of losing your money when you play. The same is true of gambling and anything else where risk is involved, you are evolved to take risks that assure your individual defeat, you have to fight that any which way you can even if you're just investing for your retirement, with gambling the margins are tight, often guaranteed not to exist and you're almost certain to over bet. In investments there are certain guidelines such as a conservative or moderate portfolio where you can be fairly confident you're not over betting but even with that almost everyone over bets. You can't blame your self for gambling that's what millions of years of nature has set you up for but as a rational man you have to fight it with every waking moment." By JOHN W.

                  Im a friend of John W. Thumbs Up

                    Original Bey's avatar - Lottery-022.jpg

                    Bahamas
                    Member #133462
                    September 30, 2012
                    5946 Posts
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                    Posted: April 18, 2013, 12:29 am - IP Logged

                    95 Million!!!

                     

                    Are you still saving or are you playing?

                    "Everything works  ONCE!"

                      THRIFTY's avatar - great seal_obverse.jpg
                      NEW YORK
                      United States
                      Member #90535
                      April 29, 2010
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                      Posted: April 18, 2013, 12:42 am - IP Logged

                      95 Million!!!

                       

                      Are you still saving or are you playing?

                      HOW TO WIN THE LOTTERY BY NOT PLAYING=SAVE YOUR MONEY TO PLAY THE LOTTERY SOMEDAY.

                      US Flag

                      PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                        Original Bey's avatar - Lottery-022.jpg

                        Bahamas
                        Member #133462
                        September 30, 2012
                        5946 Posts
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                        Posted: April 27, 2013, 3:09 pm - IP Logged

                        HOW TO WIN THE LOTTERY BY NOT PLAYING=SAVE YOUR MONEY TO PLAY THE LOTTERY SOMEDAY.

                        I will spend $8 today. Ten dollars seem to extravagant. I don't want to hit double digits.

                        "Everything works  ONCE!"

                          THRIFTY's avatar - great seal_obverse.jpg
                          NEW YORK
                          United States
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                          April 29, 2010
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                          Posted: April 27, 2013, 3:11 pm - IP Logged

                          I will spend $8 today. Ten dollars seem to extravagant. I don't want to hit double digits.

                          Hey, you never know. You might win $1,000,000 by spending $10.Lol

                          US Flag

                          PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                            Original Bey's avatar - Lottery-022.jpg

                            Bahamas
                            Member #133462
                            September 30, 2012
                            5946 Posts
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                            Posted: April 27, 2013, 3:15 pm - IP Logged

                            Hey, you never know. You might win $1,000,000 by spending $10.Lol

                            I am sticking to our regular lottery programming.

                             

                            I saved 25cents per day in order to play 4 lines today.

                            "Everything works  ONCE!"


                              United States
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                              September 7, 2011
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                              Posted: April 27, 2013, 3:40 pm - IP Logged

                              I do both, Not just a savings or our 401k's, but we don't waste food, electricity, heating , water, there are also ways to save on groceries, I can make a dollar go far, so my little 3 digit money is in the budget.

                              Quitting smoking was the best savings I ever had.

                              Quitting smoking was the best savings I ever had.

                              Congratulation. It one of those multitude of illusions that seems impossible til after you have done it.

                              Are you taking notes JAMMY?