Comment on You're basically losing money if you don't

ByteWizard@lemm.ee ⁨11⁩ ⁨months⁩ ago

• ladicius@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Lotteries unique selling point is hope.

  source

  • ScrotusMaximus@lemmy.ninja ⁨11⁩ ⁨months⁩ ago

    Isn’t it telling that our society has to gamble on hope because there is a perception of no other chance?

    source
  • ByteWizard@lemm.ee ⁨11⁩ ⁨months⁩ ago

    Sure, but the hope is a result of the first two issues.

    They can’t do the math so they think there is a chance. And because they WANT there to be a chance they ignore every time they lose.

    source

    • ladicius@lemmy.world ⁨11⁩ ⁨months⁩ ago

      I know you have a point, a good one, Lotteries cater to the vulnerable etc. - but you are wrong in one aspect: There are winners, in every lottery, and that’s what fuels the hope.

      Even small chances are chances. It’s that simple ;)

      source

      • ByteWizard@lemm.ee ⁨11⁩ ⁨months⁩ ago

        When did I say there weren’t any winners? I said people think there’s a chance that they might win personally. And you can state the gamblers fallacy any way you like, the fact that there are winners in a lottery has nothing to with the chances of winning personally. Bad at math, bad at logic, too emotional, call it anything you like. Any hope is a result of these flaws, not the cause.

        www.palomar.edu/users/…/Gambler's Fallacy.html

        source

        • -> View More Comments
• Ddhuud@lemmy.world ⁨11⁩ ⁨months⁩ ago

  They know, that’s their target audience. Desperate people.

  source
• Blackmist@feddit.uk ⁨11⁩ ⁨months⁩ ago

  Ah, my bread and butter… Thrill-seeking rich folk with a poor grasp of statistics and probability.

  Manny Calavera, travel agent.

  source