There is a few times in a year where everyone enjoys a punt on the horses or a bet on a random sporting event.
For the people not in the industry it is a quick way to burn through more money than you should and it leaves you with that feeling of “was that worth it?.” We tell ourselves it makes the day more enjoyable to have some to cheer on and I completely agree but do it in moderation.
There is that feeling of this is an easy way to make money and to make it quickly and it is that feeling that keeps many coming back. However more often than not people are swamped with winning stories, punter of the week tickets and all feel good stories around betting. They never really show you how much people lose and how many people throw away their money.
It is the same with the lottery. People play in the hope that they will be that lucky one that takes home the big prize. I enjoy playing the big draws every now and then but I stopped playing weekly when I pulled a transaction history from my account and worked out how much I had won and how much I had lost over a 3 year period and the figures are scary. I realised how I could have invested that money into long term projects instead of pissing it away on the idea of winning a large lottery prize.
It’s so funny I am so hesitant at times to purchase an ebook or a hardcover book for $20 debating whether I will get enough value out of the product or not but I would buy a $20 lottery ticket in a heart beat without a second thought.
I realised my perception on value was all wrong and I needed to work out a better system to limit my spending on things that were going to yield little to no return or offered me no learning opportunities at all. Planning to get rich from the lottery or gambling is a suckers game.
Few are successful at it at the majority are not. Only the majority are getting further and further into debt while they try to emulate those who do it professionally.
In my own opinion while all these things are great in moderation and in the betting sense very low moderation stop looking for the million to one quick wins and start investing in yourself. If you don’t believe in what you can achieve on your own you don’t deserve to win those big prizes.
Start investing your money more wisely and if you want to scare yourself get your transaction history of your lottery account and find out just how much money you have wasted.
That’s all from me. Have a good night.