Whats your worst lotto story? and how did you get out of it?Prev TopicNext Topic

• LottoScratching

  

  Atlanta
  United States
  Member #164,130
  February 19, 2015
  26 Posts
  Offline
  Feb 28, 2015, 4:24 pm

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  Was it a time you got burned, or played when you really shouldn't have?
  
  How did you finally get out of it?
• LottoMetro

  

  Happyland
  United States
  Member #146,338
  September 1, 2013
  1,176 Posts
  Offline
  Feb 28, 2015, 5:45 pm

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  In response to LottoScratching

  Quote: Originally posted by LottoScratching on Feb 28, 2015

  Was it a time you got burned, or played when you really shouldn't have?
  
  How did you finally get out of it?

  Chasing wins on $20 scratch-off. Got down about $300 in 5 minutes. Got out by going to ATM and getting more money.

  Ended up with a loss of $100. After that, I quit playing so much. Became a "one at a time" kind of player and have done much better.

  If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
  If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

  P&L % = Total Win($)/Total Wager($) - 1
• GetReal720

  

  PA
  United States
  Member #129,843
  June 29, 2012
  340 Posts
  Offline
  Mar 4, 2015, 9:45 am

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  Chasing a win for myself as well. It may not have been in 5 min, but I know I've gotten down in the ball

  park of $300 or a little more. I'm pretty sure one of the two times I've been down big chasing wins I wound

  up going home with my tail between my legs. I may have caught like a $100 winner to lessen the blow but

  still went down $200+ for the little "spree" I had. The other time I got lucky I think and clawed my way back

  pretty close to even.

   

  Chasing wins usually doesn't pay off. I've seen way too many strings of 8-10+ losing twenty dollar tickets in a row

  and have personally had a losing string of 5 thirty dollar tickets in a row. Usually for me, once I get must past $100

  I get to sick and disgusted to keep plugging away, the few times I got brave wound up costing me. Only once I can 

  recall I chased multiple losing $20 tickets and wound up finding that $500 winner.