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#26 2015-01-21 13:23:57

petey
Silver Stacker
Registered: 2010-05-18
Posts: 1,149

Re: Does anyone ever get tempted to gamble or play the lottery?

Never tempted. I don't leave life to chance.

EDIT: probably makes me boring but whatever, I want to be rich.

Last edited by petey (2015-01-21 13:24:16)

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#27 2015-01-21 15:34:27

sammysilver
Silver Stacker
From: Sydney
Registered: 2011-04-07
Posts: 5,480
Trades :   189 
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Re: Does anyone ever get tempted to gamble or play the lottery?

As a young teenager in the early sixties I use to play in the poker games in the private room of the snooker hall. Graduated to the illegal gambling casinos and some of the larger poker schools. Card games are a more equal way of gambling compared to taking on the house in roulette and such.

Last time I gambled was last week when I had a choice of six Russian prostitutes, one of which was loaded.


The price we pay for the good life is public servitude.

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#28 2015-01-21 15:46:22

Naphthalene Man
Silver Stacker
From: Hunter Valley, NSW
Registered: 2010-02-25
Posts: 5,370
Trades :   101 

Re: Does anyone ever get tempted to gamble or play the lottery?

I don't see the thrill of gambling really. That said do buy the occasional lotto ticket when I'm feeling comfortable with the finances.


''Up ahead they's a thousand' lives we might live, but when it comes, it'll only be one''
- Ma in John Steinbeck's The Grapes of Wrath.

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#29 2015-01-21 16:01:32

SpacePete
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Registered: 2014-03-01
Posts: 13,437
Trades :   122 
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Re: Does anyone ever get tempted to gamble or play the lottery?

This thread just cost me $11.15

I am now the owner of a 12 game Thursday night Powerball ticket.


Catus amat piscem, sed non vult tingere plantas

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#30 2015-01-21 16:02:40

sammysilver
Silver Stacker
From: Sydney
Registered: 2011-04-07
Posts: 5,480
Trades :   189 
Website

Re: Does anyone ever get tempted to gamble or play the lottery?

Buzz the Powerball ticket.


The price we pay for the good life is public servitude.

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#31 2015-01-21 16:12:05

Bullion Baron
Silver Stacker
From: Adelaide
Registered: 2009-09-14
Posts: 7,296
Trades :   139 
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Re: Does anyone ever get tempted to gamble or play the lottery?

wrcmad wrote:

I play lotto etc when prize is >$20mil because I like to dream.

This, except my limit is >$10m. If I win big at the lottery I'd want it to be a life changer. I'd almost be disappointed if I won something substantial but was still under <$5m lol

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#32 2015-01-21 16:56:56

Revils
Silver Stacker
From: Australia
Registered: 2013-06-20
Posts: 844
Trades :   53 

Re: Does anyone ever get tempted to gamble or play the lottery?

I don't think it's stupid to play the lotto like some people say - for many people the lotto is the only way they'll ever be millionaires so they can either live their lives and have $10 a fortnight more in their pockets to waste on something else or $10 less and a chance to win big.

I only play the lotto maybe twice a year. I do gamble on current events, mostly politics. You can dig up my incorrect Hottest 100 prediction from last year - now I don't offer gambling tips.

My gambling rules are to never gamble when drunk and always tell people about your losses in an equal proportion to your winnings.

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#33 2015-01-22 03:55:21

SovereignBuyerMelbourne
Member
Registered: 2014-08-17
Posts: 211
Trades :   

Re: Does anyone ever get tempted to gamble or play the lottery?

mrg9grn wrote:

I used to go to casino and sit around four roulette tables and wait till one has hit a color five times in a row then bet 50 or a hun on the opposite color I've been up over a thousand doing this but then there are the times when it doesn't work and I lose everything buy chasing the color buy doubling my bet. Used to take 500 every three months to do this if I walk out up I just go to the bullion shop straight away so I dnt go back with my winnings.

That's exactly what I've done as well, I'll only spend 20 dollars and then just play with the winnings, I've been to the casino twice the first time I broke even, the second time I won 50 dollars.

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#34 2015-01-22 04:00:36

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,628
Trades :   29 

Re: Does anyone ever get tempted to gamble or play the lottery?

mrg9grn wrote:

I used to go to casino and sit around four roulette tables and wait till one has hit a color five times in a row then bet 50 or a hun on the opposite color I've been up over a thousand doing this but then there are the times when it doesn't work and I lose everything buy chasing the color buy doubling my bet. Used to take 500 every three months to do this if I walk out up I just go to the bullion shop straight away so I dnt go back with my winnings.

Do you seriously think hitting red or black five times in a row makes any difference to the outcome of the next bet? You would have the same ~50% probably if you walked in cold and plonked your bet on either color.

When you double-up like that you're employing the Martingale betting strategy (see http://en.wikipedia.org/wiki/Martingale … _system%29). It's a sure way to bankruptcy.


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

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#35 2015-01-22 19:54:48

SpacePete
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Registered: 2014-03-01
Posts: 13,437
Trades :   122 
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Re: Does anyone ever get tempted to gamble or play the lottery?

SilverPete wrote:

This thread just cost me $11.15

I am now the owner of a 12 game Thursday night Powerball ticket.

Woohoo!!!

Prize Won:  $15.15
Game:  Powerball
Draw No/Date:  975 on 22 Jan 2015

35l87u1.gif


Catus amat piscem, sed non vult tingere plantas

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#36 2015-01-23 02:54:28

whinfell
Silver Stacker
From: Australia
Registered: 2012-03-22
Posts: 3,321
Trades :   44 

Re: Does anyone ever get tempted to gamble or play the lottery?

SilverPete wrote:
SilverPete wrote:

This thread just cost me $11.15

I am now the owner of a 12 game Thursday night Powerball ticket.

Woohoo!!!

Prize Won:  $15.15
Game:  Powerball
Draw No/Date:  975 on 22 Jan 2015

http://indianapolisfitnessandsportstrai … 5l87u1.gif

36% return in one day!  I think you should go all-in next week! tongue

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#37 2015-01-24 16:55:13

Sonic
Member
Registered: 2014-09-06
Posts: 326
Trades :   

Re: Does anyone ever get tempted to gamble or play the lottery?

I used to play Powerball once a week until they doubled the price, now I play Mega Millions once a week. I do one random quick pick and one of my own random numbers. I know I'll probably never win but I can afford $2.00 a week for a chance, no matter how small, it's still a chance to become a millionaire over night and there are simply no other ways for me to have that chance.

I don't go to casinos or play scratch offs though.

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#38 2015-01-24 17:47:43

Holdfast
Member
From: Australia
Registered: 2009-10-15
Posts: 8,161
Trades :   

Re: Does anyone ever get tempted to gamble or play the lottery?

Save all of your lotto and gambling money for 12 months.

Convert it all to $5 notes and then have a family day of darts on Christmas day. (Number 5 gets 5 bucks, 3 darts in 5 you get 15)

The smiles on the Children's faces will be priceless when they win a fist full of five dollar notes. smile

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#39 2015-01-24 18:04:28

Golightly
Silver Stacker
From: The end of space and time
Registered: 2013-10-04
Posts: 1,403
Trades :   22 
Website

Re: Does anyone ever get tempted to gamble or play the lottery?

Gambling is so engrained in Australian culture it's jaw dropping, I think lotto is a waste of time but I'm partial to throwing $20 on a footy game occasionally, long as I know they will win and odds are worth it, other than that I can't be bothered, I have a mate with the TAB software that lets him see bets put on in real time using that and $100 each way on big late money he does that 3 days a week, retired so works great.


If you want a vision of the future, imagine a boot stamping on a human face - forever.

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#40 2015-01-24 20:46:46

excalibur
Silver Stacker
From: Australia
Registered: 2013-06-24
Posts: 388
Trades :   68 

Re: Does anyone ever get tempted to gamble or play the lottery?

I think government run "scratchies" are a rort!
You are buying a ticket , hoping to win the jackpot, that may have already been won by somebody else.
They do not (for obvious reasons) publish when a Jackpot scratchie has been claimed, and so people are often buying tickets in something they have no chance of winning.


"Never get so busy making a living ... that you forget to make a life"

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#41 2015-01-24 21:34:30

mrg9grn
Member
From: Adelaide
Registered: 2013-08-11
Posts: 468
Trades :   54 

Re: Does anyone ever get tempted to gamble or play the lottery?

willrocks wrote:
mrg9grn wrote:

I used to go to casino and sit around four roulette tables and wait till one has hit a color five times in a row then bet 50 or a hun on the opposite color I've been up over a thousand doing this but then there are the times when it doesn't work and I lose everything buy chasing the color buy doubling my bet. Used to take 500 every three months to do this if I walk out up I just go to the bullion shop straight away so I dnt go back with my winnings.

Do you seriously think hitting red or black five times in a row makes any difference to the outcome of the next bet? You would have the same ~50% probably if you walked in cold and plonked your bet on either color.

When you double-up like that you're employing the Martingale betting strategy (see http://en.wikipedia.org/wiki/Martingale … _system%29). It's a sure way to bankruptcy.


I dnt seriously think I can determine the outcome of the roulette table on past numbers just find if more comfortable to bet opposite when the same color has came up and there is no 50/50 chance on roulette because of the green 0/00. 
I've watched couple YouTube vids about people that have made formulas to get a edge on roulette there pretty interesting and there's even a way to win on craps if you can master the prefect throw and learn how to set the dice.

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#42 2015-01-27 04:02:59

Contrarian
Member
From: Australia
Registered: 2010-12-16
Posts: 717
Trades :   18 

Re: Does anyone ever get tempted to gamble or play the lottery?

I would rather make $1m than  win or inherit $20m.

C

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#43 2015-02-03 16:31:01

rara200284
Member
From: Los Angeles, CA
Registered: 2014-12-28
Posts: 76
Trades :   

Re: Does anyone ever get tempted to gamble or play the lottery?

Contrarian wrote:

I would rather make $1m than  win or inherit $20m.

C

That's what Scrooge Mcduck does. He always says, " I don't have any dollars that I've never earned."
"Work Smarter, not harder."

I love ducktales because it's all about Scrooge who is the perfect capitalist.
ScroogeMcDuck_Comic.jpg

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#44 2015-02-03 17:01:50

SilverKendo
Member
Registered: 2013-12-26
Posts: 264
Trades :   

Re: Does anyone ever get tempted to gamble or play the lottery?

1. 72% of the wealthy know their credit score vs. 5% of the poor
2. 6% of the wealthy play the lottery vs. 77% of the poor
3. 80% of the wealthy are focused on at least one goal vs. 12% of the poor
4. 62% of the wealthy floss their teeth every day vs. 16% of the poor
5. 21% of the wealthy are overweight by 30 pounds or more vs. 66% of the poor
6. 63% of the wealthy spend less than 1 hour per day on recreational Internet use vs. 26% of the poor
7. 83% of the wealthy attend/attended back to school night for their kids vs. 13% of the poor
8. 29% of the wealthy had one or more children who made the honor roll vs. 4% of the poor
9. 63% of wealthy listen to audio books during their commute vs. 5% of the poor
10. 67% of the wealthy watch 1 hour or less of T.V. per day vs 23% of the poor
11. 9% of the wealthy watch reality T.V. shows vs. 78% of the poor
12. 73% of the wealthy were taught the 80/20 rule vs. 5% of the poor (live off 80% save 20%)
13. 79% of the wealthy network 5 hours or more per month vs. 16% of the wealthy
14. 8% of the wealthy believe wealth comes from random good luck vs. 79% of the poor
15. 79% of the wealthy believe they are responsible for their financial condition vs. 18% of the poor
from: http://richhabits.net/will-your-child-be-rich-or-poor/

See #2.

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#45 2015-02-03 17:36:54

Golightly
Silver Stacker
From: The end of space and time
Registered: 2013-10-04
Posts: 1,403
Trades :   22 
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Re: Does anyone ever get tempted to gamble or play the lottery?

That 20% you save will be performing well in the bank. hmm
I would think saving %20 of your pay is a luxury not afforded to everyone.
The rest of it is simply not being a peasant, I'm not wealthy but I'm no peasant either.


If you want a vision of the future, imagine a boot stamping on a human face - forever.

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#46 2015-02-03 18:18:16

SilverKendo
Member
Registered: 2013-12-26
Posts: 264
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Re: Does anyone ever get tempted to gamble or play the lottery?

I don't think they are talking about putting 20% in a savings account but more likely investments such as mutual funds, retirement plans, pensions, bonds, stocks, silver, gold, etc. I'm not at 20% yet but I am around 17% this year (although about 6% of that was PMs which is 4% more than I had planned for; the $14-15 silver was too good to pass up). I am lucky because I get an annual 3% raise for the 1st 17 years of employment plus cost of living adjustments once in a while, so this year I will get a 6% raise. I plan on adding that 6% into "savings" instead of integrating it into lifestyle. I think I will beat 20% in a year or two. On my way to wealthy baby!

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#47 2015-03-28 02:57:21

hihosilver
Member
From: Australia
Registered: 2010-09-23
Posts: 649
Trades :   

Re: Does anyone ever get tempted to gamble or play the lottery?

best odds you'll ever get in gambling here in Oz is April 25th (Anzac Day) and play 2UP not only is a great day out but your odds are 50/50 and there is no tax involved

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#48 2015-03-28 03:07:03

Stoic Phoenix
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From: little things big things grow.
Registered: 2014-11-12
Posts: 2,913
Trades :   181 
Website

Re: Does anyone ever get tempted to gamble or play the lottery?

you can get 50/50 any day of the week at roulette


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#49 2015-03-28 05:03:31

smk762
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From: Westralia
Registered: 2014-09-04
Posts: 1,398
Trades :   15 

Re: Does anyone ever get tempted to gamble or play the lottery?

Stoic Phoenix wrote:

you can get 50/50 any day of the week at roulette

Don't they have zeros on your table?


Note: No view / opinion I express is to be construed in any way as representative of entities which I may be associated with, including but not limited to employers, clubs, or charitable organisations. All commentary is made as a private citizen, regardless of the method of creative expression, and in accordance with personal integrity and my perception of the public interest. This disclaimer is to be applied perpetually and retroactively.Hi ASIO roll

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#50 2015-03-28 05:52:14

Stoic Phoenix
Silver Stacker
From: little things big things grow.
Registered: 2014-11-12
Posts: 2,913
Trades :   181 
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Re: Does anyone ever get tempted to gamble or play the lottery?

smk762 wrote:
Stoic Phoenix wrote:

you can get 50/50 any day of the week at roulette

Don't they have zeros on your table?

Sure they do but Ive never had one hit. big_smile


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