Friday, July 30, 2010

Winning Or Losing The Lottery - Read This


Today I want to talk about something that causes most folk to curl their toes up in disgust.

But if you can read it through, you are going to be a better player for it.

The next step after reading it, is understanding it.

And this will be the most difficult for you. But persevere.

Here we go...

It is the false concept of 'losing.'

I want to tell you - as a lottery player, you never actually lose.

I know it sounds crazy, but let me explain...

See, most people look at playing of the lottery like a casino.

You walk in the front entrance with a certain amount of money in your pocket, and a few hours or days later you walk back out with an empty wallet... or a bundle of cash.

If you're lucky, you'll leave with more chips than you came in with.

But it isn't how the lottery works.

And understanding the difference will be huge for you.

The lottery is different because buying a ticket is not a casino wager. The lottery is different because it's exactly like buying a ticket to a sports game.

The ticket price becomes an entrance fee. 

And without paying the fee, you're not able to enter the ground.

So if you think of a ticket as the price you need to pay in order to access the game, then lotto doesn't become a win-lose situation. 

You're simply investing the amount to gain entrance to the game. 

And the game could reward you with $10 or $10 million.

I occasionally get emails from lottery players who write something like: "I've spent $30 this month, and only got $10 back. So I've lost $20."

This is not correct. 

The $30 was the entrance fee.

This fee is everywhere ... the gas you need to fill your car up to travel.

Or the rent you pay in order to live in your house.

Food you eat.

A lottery ticket is simply a fee that allows you to take part in a giant windfall.

OK?

The next concept is understanding what a win actually is.

In the email case above, the $10 won is what I term a success point. 

Read that again... a success point.

A random amount.

It could have easily been $100 or $100 million. 

The amount is not in question... it is the success of the win.

All you have to do - and I realize I make it sound quite simple - is to wait until your entrance fee turns into a success point.

Each time you play, you have to pay your entrance fee in order to access the game. 

It is never lost.

If you can figure that out, your lottery game is going to become so much more enjoyable.

(And I promise tomorrow's post on the 'best day to play' will be less of a brain-scratcher!)

Right, now there is less than 24 hours to the Saturday game... you'd better get started!








Happy Winning!
Ken Silver