If People Are Always Going To Lose, Why Do They Keep Betting?
There are a lot of reasons people keep betting, despite the odds:
The companies that make money on gambling ALWAYS make you feel like your chances of winning are better than they really are.
- You see a picture of the person holding the lotto-winning ticket.
- You don't see the picture of the people who bought the millions of tickets that didn't win.
- In the casino, when a person wins - even if that person only wins a dollar - deafening bells and whistles announce: "Someone won!"
- You'll never hear a casino announce, "Another loser!" every time a person loses.
Let's say all casinos only announced their losers rather than their winners. Every time someone lost, the bells and whistles went off.
The odds of winning stay the same, but you would constantly be reminded that you will lose...it's just a matter of time.
Do you think people would gamble very much in a casino like that?