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Casino or Lottery:
Which gives the Best Odds to Pay-out Ratio?
 
 

 
You should never gamble more than you can afford to lose: words of wisdom that many will have heard, but they can be rarely heeded. With a lot of different games out there to play with events ranging from horse-racing, the dog-track, bingo, there are two types that offer you an impressive return on your investment- you either live the dream and pick up a lottery ticket or you hit the casino and try your hand at the excellent selection of games on option. It's generally accepted that neither is likely to see you making an impressive amount back but if you get lucky you could see yourself hitting it big! Well, let's have a look at the numbers and see how they shake out.

First off, let's start with the Lottery. Contrary to their slogan, while it could be you, the odds are not in your favour. You need to correctly guess the correct number from a wide selection 6 times minimum while still being in the correct order. But the pay-out if you're successful is so generous that it quickly becomes a very tempting proposition for anyone who's expecting to make it big. There are also prizes for getting only a few numbers correct which helps to mitigate the longer odds of guessing the numbers correct. If you're playing to win, it could be of great help to bear these secondary prizes in mind.

With the casino, however, it's a little trickier to give a definitive answer due to the variety of games and ways to play. If you're playing online then you could also have the benefits of an online casino bonus but, for the purposes of simpler maths, we'll do the calculations for a regular land based casino. The odds change drastically from game to game, with the standard rule that lower odds means a lower pay-out- with that in mind, Blackjack has the lowest edge (as low as 1% with optimal play) and slots has the highest with an average of about 10.5%- slots is also the game most likely to see you making a profit of a small investment as it pays out very well if you do win. But does it pay out better than the lottery?

We've got a breakdown of figures here for you, let's see if lottery or casino comes out on top!
 
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