I play the lottery from time to time (a few tickets a year, if that). To me it's just entertainment, a minute Vegas vacation if you will. I don't think it's stupid, anymore than any luxury or entertainment is. I understand the odds perfectly.
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Floyd, you asked me why I was against the lottery. Here's why:
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Follow me on Twitter: http://twitter.com/DaveDaDouche
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Oh well, who cares I'm going to bed...too tired for this **** right now I'm just mainly rambling anyway...Follow me on Twitter: http://twitter.com/DaveDaDouche
Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/
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So I misspelled a word at 1 am. Get over it.I was only trying to find a statement asserting that it's "obvious."
And my answer will simply be common sense. Maybe you need something else in order to justify not playing the lottery. I don't, though.
And saying that something's obvious requires a lot more justification.
If the odds of guessing a one digit number are 10%
the odds of guessing a two digit number are 1%,
Yes, that's true, but everyone who guesses the right number have to share the prize. I said MY PERSONAL prize, not the overall prize.
Lotteries don't exist to lose money, now do they?
What lotteries do you know that offer a 1% chance of winning any sort of substantial individual prize?Last edited by Ramo; November 6, 2002, 03:29."Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
-Bokonon
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You're saying that your gut reaction to a six digit number is to think you have a GREATER chance than 150,000? Sorry, but that doesn't make any sense.
First of all, poor people are not necessarily ignorant, just as rich people are not necessarily intelligent."Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
-Bokonon
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Dammit this is my last post! I need sleep!
Why do you think that's true?
Why do you think this trend holds? Why isn't it 9%?
Since you see in the news all the time about people becoming millionares after guessing the lottery correctly.
I see. So people should expect that the government is ****ing them over in your ideal government?
In my ideal society, government's only function is the protection of individual rights. To do this, government requires limited funding. The trick is to find a non-coercive way of providing that funding. One non-coercive way is a lottery. No one's getting ****ed except those who voluntarily allow themselves to.
The ignorant person wouldn't know whether one is 1% or not.
Why not? I'd have to know some math to determine it.Follow me on Twitter: http://twitter.com/DaveDaDouche
Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/
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"Secondly, I maintain my statement that any reasonable person KNOWS playing the lottery is inherently stupid, if they think about it for even two seconds."
The dichotomy you have is that your political philosophy has, as one of its assumptions, that all (wo)men are reasonable, rational beings. Since you admit that playing the lottery is an irrational act, you thereby admit that not all people are rational, which makes your political philosophy false.
See? I thought there was a flaw in your arguments!
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If you can count from 0-99, you can make the connection. It's not a difficult concept, and if a reasonable adult claims to not understand it, then they aren't trying.
Common sense also suggests that most people don't become millionaires. Otherwise a)people wouldn't be on the news, and b)there would be no lotteries.
Meaning, if someone was on the same order of magnitude as the real answer (while you were off by one), it would be rational to participate.
In my ideal society, government's only function is the protection of individual rights. To do this, government requires limited funding. The trick is to find a non-coercive way of providing that funding. One non-coercive way is a lottery. No one's getting ****ed except those who voluntarily allow themselves to.
No, but even an ignorant person knows that if there are 100 people in the room and only enough cocaine for one person, they are not likely to get the cocaine.
Not really, you'd have to simply expand your mind a little bit. Adults understand the difference between 10 and 100,000, don't try to tell me otherwise.Last edited by Ramo; November 6, 2002, 09:20."Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
-Bokonon
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Originally posted by David Floyd
Advertisements do just that - advertise. Beer commercials don't show people throwing up if they drink too much, or dying if they drive drunk. But everyone knows that both things happen - common sense and experience.So we're not obliged to hold our government to a higher standard than we hold beer companies to? Maybe in your ideal society, but not mine. Not by a long shot.
"I have as much authority as the pope. I just don't have as many people who believe it." — George Carlin
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I'd like to repeat a point I made in my previous post because I fear it will be buried. If Joe Average estimates the probability in my lottery wrongly by a factor of 2/3, it would be rational to participate. Floyd was off by an order of magnitude."Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
-Bokonon
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People love gambling
I don't know how is in USA, but in Romania the most succesful lotery isn't the one with best odds, but the one with biggest prize. Usually people doesn't think what the odds are, they play because they belive/hope that they are/will be lucky.
People gamble even if is illegal. It is better to be legal and taxed.
If I feel like gambling, I play on my PC Gold Casino. I usually give up after a lose several hundreds of thousands."Respect the gods, but have as little to do with them as possible." - Confucius
"Give nothing to gods and expect nothing from them." - my motto
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Originally posted by JohnT
You also misused it:
http://www.britannica.com/dictionary...query=imminent
That depends on whether he meant 'imminent' or 'eminent'.
The world's leading online dictionary: English definitions, synonyms, word origins, example sentences, word games, and more. A trusted authority for 25+ years!
from the context this seems more likely.
If I'm posting here then Counterglow must be down.
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You do not need probabilities caculations to know that lotto is a bad investment. Only that exspenses are taken out and that the state skim some for taxes. That tells anyone that the players get out less than they put in. Its a simper calculation if say 25% goes to expenses and state skim, then a $1.00 ticket is only worth .$75, and each time you buy one, you are losing a quarter.Last edited by Lefty Scaevola; November 6, 2002, 12:12.Gaius Mucius Scaevola Sinistra
Japher: "crap, did I just post in this thread?"
"Bloody hell, Lefty.....number one in my list of persons I have no intention of annoying, ever." Bugs ****ing Bunny
From a 6th grader who readily adpated to internet culture: "Pay attention now, because your opinions suck"
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I don't see why people getting hett up about the actual odds involved in the lottery - be they good or bad. What you should be looking at is the actual odds in relation to the offered odds. I gamble on the odd occasion, not on who I think will win a match, but on who I think is mis-quoted in terms of odds.
The lottery here gives odds of a few million to one - the actual odds are 13 million to one. A disparity of risk to return of about 6-1. Given that an intelligent person at a bookies can find near parity risk/return, and at games of skill rather than chance - better than parity odds, I think the lottery is a form of gambling that is way off on the risk return stakes.One day Canada will rule the world, and then we'll all be sorry.
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hehe
I think DF is right in stating that everyone knows the odds of the lottery... If not, who cares.
As for the lottery, why is any one against it?
-Gambling should not be used to finance education.
Why not? What will? More of my tax dollars? No thanks. Maybe they can teach the ignorant ppl the actuall odds of winning.
-Government componsates their budget on education for the lottery.
Really. I am sure they do. Yet, I would rather have a guarenteed fund for education than to rely on the idiots some ppl elect into office, or for some bond to pass so that my kid can get a history book that was printed post WWII. I really don't care if it is 100% or 1% of the actuall money coming from the lottery, yet as long as it is 100% of the money being contributed. Really.
-Only stupid/ignorant/ or uneducated ppl play lottery.
What a blanket statement. I play every week. I know the odds. I don't think I will win, but someone does. So, why not me? If I feel that MY money is better spent on a lottery ticket than on a six pack of beer, a stupid video game, or sitting in a savings account doing nothing to help society this does not make me stupid, ignorant, or uneducated. I think it makes me and my money better spent (even if only 1 cent per dollar actually makes it way to the classroom).
My unselfish reason (the one I tell myself) for playing the lottery is none of the above. I play because of the "why not me" attitude. It makes me dream, it accents my goals, and in the end it makes me happy. Is that wrong? Is that ignorant? Is that stupid? Everyone lies to themselves to feel happy, the do it all the time! Besides, as the lottery, it does what it sets out to do... support education. By me dreaming I become reflective on myself, and makes me want to better myself. It also makes me more aware of those who have not, and those other ppl who dream... mainly the children who need the education. It is rather encouraging.
PS
John-T: Ever hear of not beating a dead horse? Leave DF alone for misspelling or missusing a word, or whatever, we all (even you) got what he meant. If not than ask to clearify instead of picking on someones simantics, it so childish.
The dichotomy you have is that your political philosophy has, as one of its assumptions, that all (wo)men are reasonable, rational beings.
Also, can rational people do irrational things? Is that even possible? Are all people who gamble irrational? Maybe they just want to have fun?
You proved nothing.
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Exactly. Many people don't try to understand. They simply say, "wow 6 spots with 10 possibilities and a prize of a million, I might be able to win that even if it's somewhat unlikely."
Of course. But why isn't it 1/100,000 instead of 1/151,200? If that were true, and the prize is $100,000, the expected profit is greater than 0, making it rational to participate.
Are people not ****ed over by crack dealers?
You're argument here could easily be extended to indict coffee makers, Coca-Cola, etc., to say nothing of alcohol. Those people capitalize on addictions to make money. So what? They aren't forcing anyone to use their product, and neither are drug dealers.
I mean, drug dealers aren't gonna kill you if you don't buy from them. Him: "Hey man wanna score some crack?" Me: "Nahhh, I'm good." He doesn't give a ****, you don't have to sell drugs - they sell themselves. Someone else will come along and want some crack, sure as ****.
Sure. But why is it 1% instead of 9%?
You're exaggerating the difference. I said two or three orders of magnitude. Meaning around 10000 or 1000. Remember, you were off by an entire order of magnitude; why would one more be over the line?Follow me on Twitter: http://twitter.com/DaveDaDouche
Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/
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