Quote from: Sanugarid on January 02, 2024, 10:32:14 PM

Quote from: robelneo on December 30, 2023, 04:32:31 PM

This is for lotto bettors :

Lotto is so popular here in our country that there's a lotto outlet on just about every corner of cities and towns in our country just the other day there was a long line of bettors because the Lotto 6/55 jackpot skyrocketed to P571,554,916.40 or $10,206,337 after no winners for a long time.

I don't usually bet on 6/55 Lottery only 6/42 and 6/45 because the probability is just too high on 6/55 but I have to take chances because of the huge jackpot, every bettor's chances are equal so from not usually betting 6/55 I am betting now and will continue betting until the jackpot is hit, and so from buying two tickets I'm buying 10 tickets now to increase my chances the ticket cost 20 pesos here or $0.36.

How about you as a Lotto bettor do you buy more tickets when the prize skyrocketed and how many more tickets are you adding

PCSO: No winner for P574-M Grand Lotto 6/55 jackpot

Sometimes I make two of my tickets when the prize is big before but nothing happens, so I did it now even though my prize stick is already big for one. Really just trust in God if you get lucky and give it to you. I realized that no matter how many tickets you buy, if it's not for you, it's not. Yes, you have a high chance of winning the jackpot if you have a lot of tickets, but it is still not guaranteed that you will get it, you just have to rely on luck.

True! Imagine a large number of lotto bettors; almost all the people in that country do lotto; the probability to win will be too small. Yes, you have the probability to win, but buying more tickets or betting more combinations of numbers will not give you a higher chance of winning. It may seem helpful, but it is not, as the winning number is a random combination, so if you compute or calculate the probability, you will not even have a 1% chance to win.

But we can't stop other people who believe that the more tickets they buy will make them win someday. But if you think practical, you will see and notice that as you buy more tickets, you will eventually feel the burden of losing money, as you have a strong hope that you will win someday if you keep on betting. You are right, it depends on luck and destiny, and we never know if we are chosen to win such a huge amount or the jackpot.