How To Avoid The 3 Destructive Traits Of Traditional Gambling / Lottery Systems
There is over $120,000,000,000 spent on lottery systems along across the US and around the world. Yes, that's one hundred and twenty Billion on just lotteries not to mention the billions spent on other gambling systems.
Massive jackpots are dangled in front of players but the only ones who truly win in most gambling/lottery systems are those operating them because of 3 dangerous characteristics. Let's review them:
1.) Odds stacked against the players
Traditional gambling/lottery systems only win when the player loses. They continue to generate massive amounts of front-end profits and heavily stack the odds against the players to minimal back-end payouts are necessary.
If you're going to gamble, at least do a little research and determine which of the systems provide you with the best chance of winning and learn everything you can about ways to increase your odds.
2.) Addicted to more chances to win
Since the odds are stacked against you winning, a psychological trigger gets set off in your brain that makes you "want" to find more chances to win.
This burning desire to seek more and more chances to win is a natural human reaction. It's a true addiction with feeling the "winning" sensation. People will actually pay $1,000, win $100 and feel "good" because they won something without realizing they actually lost money.
In traditional gambling/lottery systems the only way to quench this desire to win is to get more chances to win which means? spend more money. Traditional systems require you to pay for each chance to win.
At least research the systems and find the one that offers you the most chances to win for each entry you purchase. Give yourself the best chance to win with the least money spent.
3.) Lack of information
There's a common joke that says, "Gambling is a tax on the stupid." Gambling or playing the lottery is not "stupid" - it does serve as entertainment value. But it does punish the uneducated.
If you don't research the odds of winning and find the games that provide you the best chance of winning, then you're more likely to throw your money away than if you do some research. More importantly, if you don't know what to do with the money you do win then you're even more likely to end up in a worse financial situation than before you started playing.
Make sure you spend time up front finding out as much as you can about the games you're considering playing. Compare the odds and your chances of actually winning a cash prize. Also, educate yourself about your own personal budget and set a limit on the amount you're willing to lose in pursuit of "entertainment".
Have fun? play smart!
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