Thread: Cha-ching!

Nope, don't gamble. Sure, you can make some cash fast, but the people who are running the lotto thing got to get paid as well, and pay for advertising and so on. So the overall win/lose got to be less than 50%

It's definitely not high. I don't think I've won more than $5-$10 on a scratcher other than this in the past few years at least. I keep telling my parents not to buy them anymore but they keep getting some for me anyway.

I'm already going like "Yes! I won!" If I got €10 lol

Probably because it feels like I was really close to winning the jackpot

The most I've won was 25 bucks... I don't buy scratch-offs, but our family usually exchanges them in holiday cards, Halloween, Christmas, etc. My aunt got 40 for her 40th (or one of her birthdays she got her age in them...) and won $500, biggest win I've seen.

Wow, $500. That is big for a scratcher! I always thought those big numbers were just on there to taunt you.

They probably have ONE ticket out of the whole batch that wins the big number... just to say "SOMEONE will win it!" I'm sure they scatter a couple $500's here and there, so those of us who DON'T buy scratchers see when our family members win. IT'S ALL A BIG CONSPIRACY... IT'S AS IF THEY WANT TO MAKE MONEY OFF OF US.

Blasphemy!

Wh-
Wh-
Why would they want to make money off of us?? Isn't the point of the lottery to give us money?

...
I wonder if anyone ever wins those "GRAND" prizes, you know, those "$20,000 every week for the rest of your life" things. I've sure never heard of it happening before lol.

I'll just throw in the fact that you shouldn't gamble at casinos either. Even if the odds seem good or close to 50%, they never are. Your expected gain is always negative. It has to be, or the casinos wouldn't make money.

Originally Posted by Dianeva

I'll just throw in the fact that you shouldn't gamble at casinos either. Even if the odds seem good or close to 50%, they never are. Your expected gain is always negative. It has to be, or the casinos wouldn't make money.

The game with the highest odds (logically) is Roulette, and that's only if you play Black or Red: a 50% chance. They make money off of roulette when people bet on anything BUT black or red. So unless everyone decides to play roulette for Red or Black, they will make money. But if you feel like playing for the greatest odds, pick that one!

Just to piss them off, I want to go into a casino with a friend, play roulette, and every round one of us bet black and the other red, and see how long we can go before the kick us off

Originally Posted by Supernova

Just to piss them off, I want to go into a casino with a friend, play roulette, and every round one of us bet black and the other red, and see how long we can go before the kick us off

You have the FUN of gambling, but without any of the losses! Brilliant!

My fosterparents were once >1< number short on winning 200k, the jackpot.

What a bummer!! I would've been pissed. XP

Lotteries, especially those done by the state, don't make a ton of money; in ohio, half of the revenue goes to winnings, the other half to school funding.

Roulette is still less than 50/50 on red and black; they add the green for american roulette, in which case the house wins everything.

The big thing in casinos is they keep you there longer than you would expect. There are no windows or clocks, and the one armed bandit is programmed to give a win every once in a while to keep you there.

The only games you can really do anything with are texas hold-em, black jack, and roulette. I only know this because of recreational playing; still too young to gamble.

Originally Posted by Alyzarin

I just played a $5 lotto scratcher and got...

$50!

Now I can finally live my life in luxury.

...Yeah, so it's not a HUGE win, but I'll take it! I was starting to lose faith in buying scratchers. Anyone else get some good cash lately?

Still waiting on my stash to turn a profit.

I would also like to add that the claw game is ALWAYS rigged to be too weak. There is something called a yellow box inside that only supplies the voltage needed to pick up a prize at specific intervals. I would think that it would be about twice the plays that are needed to pay off for the average toy inside. (If the toys are worth 5 dollars, then it only allows every tenth to win if the price is a dollar a play.) This can be circumvented.

Watch a machine that has something you want, and wait for two wins. The space between the wins is probably going to be the same. Wait the required number of plays, and move in. Only go for something on top; the toys are purposefully wedged in somewhat, so go for something totally freed of the others. Try to be close to the drop point, too. Thus, you have a high chance of winning. If you still lose due to the claw being too weak, go once more, then walk away.

Originally Posted by Sesquipedalian

I would also like to add that the claw game is ALWAYS rigged to be too weak. There is something called a yellow box inside that only supplies the voltage needed to pick up a prize at specific intervals. I would think that it would be about twice the plays that are needed to pay off for the average toy inside. (If the toys are worth 5 dollars, then it only allows every tenth to win if the price is a dollar a play.) This can be circumvented.

Watch a machine that has something you want, and wait for two wins. The space between the wins is probably going to be the same. Wait the required number of plays, and move in. Only go for something on top; the toys are purposefully wedged in somewhat, so go for something totally freed of the others. Try to be close to the drop point, too. Thus, you have a high chance of winning. If you still lose due to the claw being too weak, go once more, then walk away.

Very interesting, I'll have to keep that in mind.

Every time you are going to purchase a ticket, just put the 5 bucks in a jar. In five years take all the money out. Congratulations! You have successfully won!

Originally Posted by LonelyTurtle

Every time you are going to purchase a ticket, just put the 5 bucks in a jar. In five years take all the money out. Congratulations! You have successfully won!

Or put it into a mutual fund or some sort... that way it can keep up with inflation and you can win even MORE!

Originally Posted by Sesquipedalian

I would also like to add that the claw game is ALWAYS rigged to be too weak. There is something called a yellow box inside that only supplies the voltage needed to pick up a prize at specific intervals. I would think that it would be about twice the plays that are needed to pay off for the average toy inside. (If the toys are worth 5 dollars, then it only allows every tenth to win if the price is a dollar a play.) This can be circumvented.

Watch a machine that has something you want, and wait for two wins. The space between the wins is probably going to be the same. Wait the required number of plays, and move in. Only go for something on top; the toys are purposefully wedged in somewhat, so go for something totally freed of the others. Try to be close to the drop point, too. Thus, you have a high chance of winning. If you still lose due to the claw being too weak, go once more, then walk away.

I've never heard that before. That kind of pisses me off, I liked those when I was a kid. But those aren't played too often so your strategy would require a lot of waiting for a stuffed animal, and kids would probably get creeped out by the person lurking there with a notepad, watching them play. Although if they're smart the machines will be programmed so that there's simply a 1/10th chance of the voltage being applied on every turn. That way no pattern could be recognized.