Post
Topic
Board Gambling discussion
Re: how much would you pay for a lottery ticket?
by
Betwrong
on 04/10/2018, 15:57:48 UTC
I think I could have risked 25k satoshis and would buy a lottery ticket, but not before I knew:

1. The number of participants / win chance.

2. The prize amount / house edge.

3. The reputation of the lottery.

The 3rd point is the most important imo. If lottery had no reputation it would be more than likely as throwing away 25k sats.