Article

Why You Never Win Pick 5 Lotto

Topic: Wealth - Creating Wealth and Building WealthPublished August 9, 2011

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Pick 5 lotto is supposed to be one of the easiest games to win. You only have to get 2 numbers to match in the winning combination to win another free ticket. Have 3 or more numbers match and you can already win a prize. You can buy tickets up to 7 days a week, so that means you have more chances of winning. So how come you never end up winning at all? What is it that you're doing wrong? Relying On Luck 99 percent of time, with any lottery, the players lose. This is not really a coincidence but a matter of choice. Nobody chooses to lose, but anyone can choose to use the wrong methods. One thing to understand is that pick 5 lotto is a game of chance. There's no such thing as a magical or “lucky” number that will make you win instantly. So forget your luck number 3, or using your birthday or favorite day in choosing your combination. While some do get lucky, we all know luck comes around only once in a blue moon. It's just like being struck by a lightning - while it does happen it's a rare occurrence. The lottery administrators very well know that 99 percent of gamers use very common numbers that they think will bring them luck. Thus, it only makes sense that these numbers never show up. Any game of chance is still associated with probabilities. The real question to ask is, what is your probability of winning? Do you have more chances of winning than the person next to you? How do you raise your chances? Once you ask those types of questions, you're on the right track. Relying On Someone Else It wouldn't be the wisest thing to do to send someone else to buy a ticket for you. If you don't have full control of your purchases, you don't have control over your winnings. Fill out your own play slip. There are not very well known strategies out there that are making people win more often than expected. Methods that rely on probabilities are just some of them. Analyze the patterns that span years that the game has existed and see what numbers are best to use and avoid. You will notice that there really are numbers that are “cold”, or extremely infrequent over the years. Not Checking Your Winnings Sometimes you may not take the game seriously and forget to verify. It's important to stay updated on the current winnings. Take advantage of services where you are updated by text or email, or call the retailer. You could be missing out on a win today. Not Playing Enough It's common sense that, to win pick 5, you must first buy a ticket. Someone who plays every other day will have more chances of winning than one who plays once a week or every time the “feeling” is there. Breaking Your Budget Of course, don't play everyday if you know you can't afford it. It's all about setting aside a particular amount each week to play consistently. So if you do have the means to play a number of days per week, create a budget for it. Good investors don't spend all their money at one time. They have a specific budget to start with until they can “win” more and grow their budget for future gains. Playing Alone If you think you can't spend much on your own to play pick 5 lotto, you can always join a syndicate. This means playing with other people so that your combined contributions can buy more tickets as a group. You can see right away how this can be a higher advantage than those who play alone. Of course, the prize won will eventually have to be split up, but winning is typically easier this way.

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