Reply to post: Re: Oh pull the other one

National Lottery Sentry MBA hacker given nine months in jail after swiping just £5

BinkyTheMagicPaperclip Silver badge

Re: Oh pull the other one

I don't see how it's a scam. You can call it a tax on the ignorant or preying on the weak but it delivers large prizes at very high odds, or very low prizes at low odds.

The question is whether the opportunity cost of the lottery is significant.

I do play the lottery, I know the chance of being hit by an asteroid is higher, but it's a bit of fun and things I could do with the ticket money wouldn't be terribly significant.

Where I'm less happy is with the instant win games - the chance of winning is high, so it encourages gambling. At one point I was playing a few a week but decided this was stupid so stopped (and have never gone back), the bastards sent me a letter asking why I wasn't playing any more. Responsible gambling...?

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