LOTTERIES AND SLOTS: THE MAIN DIFFERENCES BETWEEN THEM

In spite of the fact lotteries and online casino slots are different types of entertainment, there are many similarities between them. As also between online-casinos and betting platforms, such as  https://tonybet.ke/. To understand it, let’s take a look at the history of the lottery.

HISTORY OF LOTTERY: 

What about board games, they were actually invented in ancient Egypt. The Lotto game was invented much later, in Italy in the Renaissance. The first public lotteries in history were held for charitable purposes. One of the first lotteries held in history was a lottery of 1466, on the 25th anniversary of the death of Jan Van Eyck. The fund-raising was aimed at helping the poor.

DIFFERENCE BETWEEN LOTTERY AND ONLINE SLOT CASINO GAME

Gambling establishments have also been known since ancient times, but even then, the ancestors of the casino pursued other goals than lotteries. If the casino itself takes part in games and can even win when its guests lose, then the lottery is only the organizer of the draws.

The lottery always plays only those funds that went to its prize fund thanks to the sale of tickets: the volume of its financial obligations is always equal to the volume of the prize fund. It turns out that lottery participants form a prize pool in the warehouse and play it out among themselves, “instructing” the lottery to accept, accumulate and store their contributions, organize drawers and pay cash winnings.

According to many psychologists, casino visitors are most often affected by such addiction as gambling. Our country encountered this problem in the early 2000s when slot machines massively “took to the streets.” Walking accessibility and the illusion of quick wins attracted many participants, but the dreams did not materialize – only its owners earned on the gambling business. That is why in 2009 slot machines disappeared from the streets of cities.

Everyone wins the lottery – both the winners and all the participants in the draws. Because the funds received during the lottery are allocated to the implementation of social projects. The main goal of national lotteries around the world is to raise funds to finance and support state programs for the benefit of society.

OUR WHOLE LIFE IS A GAME

Yes, of course, the lottery is also a game. But this is a game of a different kind than roulette, cards, or a “one-armed bandit.” The purpose of the gambling institution is to generate income at the expense of players. The purpose of lotteries is to support state social programs. Cash winnings here become a pleasant incentive for the participants in the draws.

The lottery is primarily a type of cultural leisure, entertainment, giving positive emotions and often pleasant wins. Games develop intelligence, creativity, and the ability to solve problems. There are researches, which prove that there is a close relationship between people’s gaming activity and success. It is known that people who like to play build a more successful career than their non-playing peers. Winners of the English national lottery are vivid examples of this!