pettiblay
pettiblay
pettiblay

No, gambling is essentially taking a risk. There are different levels of risk aversion, some people just like the thrill of scratching a ticket, get their blood pumping because they think they're about to win.

Except they won't give you anything in return. You still make nil.

It's value depends only on how badly people want it. If no one wants an old, useless losing lottery ticket, it has no value to anyone. If one person wants it, however, then it has a value.

Since you can't actually cash in $0.0006, your losses are still infinite if you lose. If you buy 100,000 tickets and they all lose, you could probably sell them for a couple of cents though. Guess it's just a matter of how hard you want to troll.

Spending $1 is infinitely higher than spending $0. I would show you the math but I don't have the required equipment to contain supermassive black holes at the moment.

Technically, it's impossible to constantly beat the market because they're designed to be efficient, meaning no one can have a pre-defined formula for success. That being said, some people obviously do have winning streaks and some of them are genuinely skillful trades. Professionals don't have a better track record

But you've already been struck by lightning. Let's think of it this way:

Spending $1 on a ticket is still more than $0.

That terminology is in place to easily understand the payout of a bet. If your odds are 10 to 1 and you invest $1, your payoff will be $10 in the event that you win.

Your chances are the same as everybody else's. Past experiences have nothing to do with lottery tickets.

Tell you what, as an actuary, if you win the Jackpot hit me up so we can look at your age/life expectancy and figure out which payment method is right for you. 1% commission sound good?

You sound like a risk-averse guy.

The odds of being struck by lightning and winning the lottery are definitely low. Although it doesn't matter anymore at this point.

Just like your chances, your losses are infinitely higher if you buy a ticket. You just got logic'd.

That's a 44,000 times increase, not drop.

The odds of winning a $540M Jackpot are even lower than what's advertised.

Not when you consider it has magical powers that prevent you from bleeding when hit and other cool stuff.

I just went with Gandalf's staff because it's probably the most powerful item. When Harry uses his wand he always looks like he's struggling but Gandalf never seems to go all out with it. At least, not the Gandalf the White staff, he gets his ass kicked when he's still wearing grey robes.

The elements that go into the construction of a lightsaber are as fictitious as Harry Potter's and Gandalf's magic tricks.

I love how a lot of people are reasoning with "Well I'm certainly not a wizard, so all that science-fiction mumbo jumbo about magic and spells would be completely useless. A lightsaber is so much more plausible so I'll pick that".