Tag Archives: gambling

So, Why Is the Lottery Not a Good Investment?

So, you can probably guess that playing the lottery (and most other forms of gambling) are poor ways to invest your money for the future, but do you know why? I comes from the idea of expected value. Expected value … Continue reading

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What Does The Lottery Really Cost?

I’ve met more than one person, in my time, who has a lotto habit.  Now, I’m not going to knock playing the lottery every once in a while, since it’s cheap thrills; but I do want to show what it … Continue reading

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