I have noticed that the same few ppl always seem to win at the lottery & bingo,etc...They say you have to spend more than usual to win,but I don't win even when I splurge!
2007-03-08 16:51:30 · 4 answers · asked by Frogmama2007 3 in Games & Recreation ➔ Gambling
In reality, this is pure luck. There is no way to get an advantage in a game like lottery or bingo, where randomly drawn numbers determine the outcome.
You may see people like this, but if we played the lottery/bingo billions upon billions of times, everyone would win the same amount.
2007-03-08 21:30:18 · answer #1 · answered by Sanjay M 4 · 1⤊ 0⤋
My wife seems to be able to "attract" money because every time we go to Las Vegas, she seems to come home with more money than she left with ... and she does it all on the slot machines, which statistically, have the worst odds. Me? I'm forever losing, even when I play games with better odds like Blackjack and Craps.
So what's going on?
It's called probability - probability is the extent to which something is likely to happen or be the case.
No one "attracts" money more than anyone else. It might seem that way to you because what you see happening before your eyes seems to contradict what you recognize as reality.
Ever see those signs outside casinos advertising slot machine paybacks of 98% or 99%? You would think that would mean that, in a worst case scenario, you could probably play this game for a specified amount of time and the largest amount you would expect to lose would be one penny on the dollar, right?
And that's EXACTLY what the casino wants you to believe. However, the truth is much different. What it really means is that the longer you play these machines, the closer you will get to a 98% or 99% payback. It may take a few minutes or it may take a lifetime. In the meantime however, you are VERY likely to lose your entire bankroll.
Splurge gambling (as well as "chasing your loses") is especially bad for your wallet. Some of my wife's friends live by the mantra "You have to play big to win big."
Talk about being deluded! While it may be true that some casinos have more frequent payouts on large sum slots, that's no guarantee that you'll hit anything big before you lose your bankroll.
Your best bet is to NOT gamble or to do so in a very discretionary way (i.e. you lose the $50 you came with and then you STOP).
The house always has the edge. That's why, when the Mafia was initially involved in Vegas, they were known to run "clean games." There was no need to cheat because the odds were always in the house's favor.
One of the reasons so many gamblers become compulsive is because of faulty reasoning - for example, they wrongly believe that if a roulette wheel has come up black seven or eight times in a row, it is VERY likely the next spin will come up red.
However, there is no logic basis for this because each spin of the wheel is an independent event. To use another similar example, if a coin toss comes up heads 80 times in a row, what are the odds that it will come up tails on the next toss? 50/50. The coin (or roulette ball) has no memory or desire to act on the past. It is completely random. Thus, while it may seem to defy reason that you could have a long string of heads, tails, blacks or reds, all of this falls into the parameters of probability.
My wife hates it when I talk about all this but the fact is that if she continues to play the slots in Vegas, her "luck" will run its course and she will come back without the money she left with.
2007-03-09 05:26:45 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Have you seen the movie "The Secret"
2007-03-08 19:15:37 · answer #3 · answered by sturdblu 2 · 1⤊ 0⤋
me either frogmama,,, so i think those assumptions they have are wrong :( good luck tho next time ,,seems we can use the luck we can get :)
2007-03-08 20:57:32 · answer #4 · answered by mala 3 · 1⤊ 0⤋