FYI, the lottery is a regressive tax disproportionately paid by the people who can least afford it, and little of the proceeds actually go to community funding.
We should fund community services by taxing the rich, not by conning working people into thinking they'll become rich.
All gambling is a tax on people who are bad at math...
"Casino Night" is a common charity fund-raiser. To insure a profit, the games are simplified and the odds skew more powerfully to the house.
Back 1979, I went to a Casino Night and computed that one modified game actually strongly favored the player. I quickly showed my math to the event director. She said, "Well, maybe it's more fun if some people win."
So I had fun. Made over $100 before they closed it down.
@clusterfcku @juglugs @rbreich
Quite. People have smartened up since then. Now, a proper Casino Night sells you chips for money. You bet the chips and either lose them, or win raffle tickets you can drop in boxes for the prizes you want a chance of winning. The house keeps all the money you spend, and knows it will never "lose" more than the total cost of the raffle prizes.
You could still net a profit, by buying a few chips, and winning a big raffle prize. But the house net is predetermined.
Robert Reich
Widdershins Smith 🐘
Professor_Stevens
Cluster Fcku