Tag Archives: myths
Lottery Myths Exposed
Lottery Myths Exposed
There are many myths surrounding lotteries and most of them that you hear are just that-myths. Perhaps the most commonly heard lottery myth is that you have a greater chance of being struck by lightning than you have of winning the lottery. While this may be partially true for mega jackpot lotteries like Powerball and Mega Millions many lottery games with smaller payouts have surprisingly good odds in favor of the player. Every year there are thousands of lottery players who have won prizes of $10,000 or more.
Many moralistically inclined and the self righteous claim that lotteries are a ‘tax on the poor.’ To be profitable lotteries must target those able to afford lottery tickets. Most lottery players have disposable income which enables them to play various lottery games. Lottery players are a varied lot and many wealthy people routinely play lottery games. In Ohio a millionaire won the lottery not once but twice.
Many people also like to claim that lotteries are some sort of ‘stealth tax.’ Again this is pure unmitigated hogwash! Taxes are compulsory and if you don’t pay you go to jail. No one has ever been imprisoned for failing to purchase a lottery ticket. Playing the lottery is the individual’s choice.
Lotteries cause compulsive gambling. This is probably one of the most ridiculous claims made against lotteries. This attitude about lotteries is rare in Europe but for some reason persists in the US. In the first place compulsive gamblers require constant action and lotteries do not fill that need for those with gambling problems. Lotteries do not cause gambling addiction and studies have shown that gambling addiction is not fed by lotteries. Most compulsive gamblers favor casino games and some online gambling. The online gaming industry has gone to great lengths to identify problem gamblers and many land based casinos bar problem gamblers.
Another big lottery myth is that only winners get any benefit from lotteries and winners are few. Most state lotteries benefit and fund a wide variety of government services. Most states use the greater part of lottery generated revenues for education including scholarships for economically disadvantaged students who would not be able to afford college or professional schools without financial help. Lottery generated revenues have also been used to fund infrastructure projects and programs for the disabled, blind and senior citizens.
There are probably other lottery myths but these are the most commonly heard. If you are a lottery player and someone tries to tell you these myths are true you will have some ready answers!
Roulette System
Roulette is completely a game of chance. It is known as one of the simplest as well as most exciting games found in the casinos worldwide. The players do not need to be skilled enough to play roulette. It is basically a particular type of table game and a large number of players can play the game at a time. Roulette basically consists of a spinning wheel and a series of number. These numbers start from the 0 (zero) and end with 36 or 37. As 2 distinct kinds of wheels are available at the casinos, the last number depends on which kind of the wheel it is. The European wheel has numbers from 0 to 36. On the other hand, the wheel consisting of the numbers from 0 to 37 along with an extra 0 is the American wheel. Due to the rising popularity of the roulette, various myths are being associated with it. As a result, the players have started believing in myths which supposedly affect their chances to make profits at roulette. A few of the common roulette myths that should be ignored are as follows:
All roulette wheels are same: Many roulette players around the world heartily believe that, the roulette wheel is not of 2 types. The rules, the odds and the house-edge are same for both the European wheel and American wheel. This is absolutely wrong. It is true that the European wheel is the best for playing, because comparing with the American wheel the odds of success for a player in the former one are better. European wheel has 37 slots and not 38, which means the house advantage will be only 2.70%, whereas on American wheel the house advantage would be 5.25% on every bet. So it is better to get the odds in your favor from the very beginning, by playing on the European wheels.
Every roulette wheel spin is not random: It is a common belief that, in roulette one spin invariably affects its consecutive spins. It is said that over time many roulette players have found that if the ball lands 10 times consecutively on red, there is a high chance that the ball will land on black in the next turn. This is also a wrong concept. However, it is one of the most common roulette myths that are widely rumored. The truth is that, the odds remain 50%-50% and it will be similar even if the ball would fall on red 30 times.
Though roulette is a game of chance, several fake roulette softwares, claiming the sure-shot success in the game are found in the market today. According to the users, these roulette systems are partly effective. Some of the reputed roulette systems are listed below:
R-Bet Winning Roulette Software A large number of customers are satisfied with this roulette system. The R-Bet roulette software has proved its capability and credibility. With the help of this roulette system, you can make substantial profits for several times at the roulette table.
The Sure Roulette Method This particular roulette system is one of the most popular and oldest systems around. The system is described in an e-book, which is good to read, but the system lacks some finer tweaking, to make it as profitable as other gambling systems available on the net.