bertsmobile1
Lawn Royalty
- Joined
- Nov 29, 2014
- Threads
- 64
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- 24,705
Way back in my high school days the maths teacher used to call lotteries "taxation for the innumerate & stupid"
Nothing has changed in 55 years
Ask yourself "Why is the prize 1.75 billion"
Answer " because no one has won it for a very very long time "
What are your chances of winning it ?
Almost the same regardless of weather you do or do not have a ticket .
Remember there is no obligation for any one to win the big prize ever .
It could go unwon for the next 20 years .
In my final year the commerce teacher used to get every one to submit a pretend "pools" ( UK football betting system ) entry , put the same amount of money in a standard bank account & also pick a share to "invest " the same amount of money every week .
At the end of the year our imaginary profits were worked out
Of the 46 students no one "won" the pools & despite the smaller wins in every case the plain bank deposits had more money in them at the end of the year .
The shares were a mixed bag
A couple made it big time the bulk were marginally better than a bank deposit and a couple did their imaginary doe.
That teacher did the same thing year in & year out but when I went back for reunion I found out that this little experiment had gotten him sacked .
It taught us that you get rich SLOWLY but go bankrupt Quickly and the fastest way to go bankrupt quickly is trying to get rich quickly
My father was a hopeless gambler
My uncle ( who was a bastard ) had access to a company box at Randwick Race course and he would occasionally "treat" us to a day at the races purely to embarrass my parents .
While there he would get me to go look at the members car park, the bookies car park & where the punters came in by bus or foot .
He would instruct me to look at the cars then work out who was making the money which of course was the bookies .
Gambling is for fools , usually run by crooks and protected by corruption .
For a while I lived in a social security area
It was very saddening to see all of those on benefits cashing their cheques at the newsagent ( also lottery agent ) and spending way more than they could afford on various lottery systems .
I would see the same people regularly at the soup kitchen where I voluntered a day or so a week depending which shift I was on because by the end of the fortnight they had no money left over for food .
Nothing has changed in 55 years
Ask yourself "Why is the prize 1.75 billion"
Answer " because no one has won it for a very very long time "
What are your chances of winning it ?
Almost the same regardless of weather you do or do not have a ticket .
Remember there is no obligation for any one to win the big prize ever .
It could go unwon for the next 20 years .
In my final year the commerce teacher used to get every one to submit a pretend "pools" ( UK football betting system ) entry , put the same amount of money in a standard bank account & also pick a share to "invest " the same amount of money every week .
At the end of the year our imaginary profits were worked out
Of the 46 students no one "won" the pools & despite the smaller wins in every case the plain bank deposits had more money in them at the end of the year .
The shares were a mixed bag
A couple made it big time the bulk were marginally better than a bank deposit and a couple did their imaginary doe.
That teacher did the same thing year in & year out but when I went back for reunion I found out that this little experiment had gotten him sacked .
It taught us that you get rich SLOWLY but go bankrupt Quickly and the fastest way to go bankrupt quickly is trying to get rich quickly
My father was a hopeless gambler
My uncle ( who was a bastard ) had access to a company box at Randwick Race course and he would occasionally "treat" us to a day at the races purely to embarrass my parents .
While there he would get me to go look at the members car park, the bookies car park & where the punters came in by bus or foot .
He would instruct me to look at the cars then work out who was making the money which of course was the bookies .
Gambling is for fools , usually run by crooks and protected by corruption .
For a while I lived in a social security area
It was very saddening to see all of those on benefits cashing their cheques at the newsagent ( also lottery agent ) and spending way more than they could afford on various lottery systems .
I would see the same people regularly at the soup kitchen where I voluntered a day or so a week depending which shift I was on because by the end of the fortnight they had no money left over for food .
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