You are viewing a single comment's thread from:

RE: Why Do People Play the Lottery?

in #life7 years ago

People have a risk-reward calculation that's irrational. $1 or $10 is not that much to spend for that hope of a chance, however insane it seems. It's the same reason Randowhale worked well on here for awhile, despite being somewhat expensive; it gave people a chance for something more. The gamification and hope can be written off as entertainment.

Sort:  

its true, we just zoom in on the prospects of winning and lose sight of the larger odds that are against us and stack to quite a sum over time

Coin Marketplace

STEEM 0.14
TRX 0.23
JST 0.031
BTC 86923.24
ETH 2015.16
USDT 1.00
SBD 0.80