SIGN UP LOG IN
 

Owning shares is worth more than lottery games

Published by

June 10, 2019 7:43 am

lottery

Stock market fluctuations and bleak economic prospects back or forth: in the long term, it is more profitable to invest in equities than in lottery tickets.

Playing the lottery must be a great thing. More than 21 million Germans have done it before. According to the theory of swarm intelligence that would mean: In any case, gambling is better than owning shares. After all, there are hardly half as many shareholders as Lottotipper.

Some people who look at the development of stock prices may feel confirmed and think: “After the rapid stock rally in the first quarter, the air is out, I’d rather continue to put my crosses on the coupon.

The error could hardly be greater. How big it is can be calculated. The US analysts of Ned Davis Research present figures for Wall Street. New York provides the longest data series undisturbed by wars. After that, the first quarter with gains in equities in each of the three months January to March is not an alarm signal, but on the contrary a brightening of sentiment.

There have been 22 such periods over the past almost one hundred years. And in 20 of these, the remaining three quarters of the year delivered profits, on average 7.2 percent overall. This should also be a good omen for the German market. It is moving in the slipstream of the most important financial market, Wall Street. Statistically, for example, the traffic light is green for the rest of the year.

And what about gambling? What is the probability of hitting the jackpot? It is worse than miserable. Statistically, a lotto fan has to play about 14 million times in order to get the “6 out of 49” right. Realistically speaking, that will practically never happen.

And the German shareholder? How did he perform, how did he look beyond quarterly results? Over the past decades, he has made an average profit of nine percent every year, despite several major stock market slumps. All the shareholder had to do was stay invested.

According to experts, future earnings are likely to fall. But even slightly lower investment returns will bring a lot of money into the pockets in the longer term: the shareholder rewards himself, while the lottery lover goes away empty-handed. So a clear case: this time the smaller swarm can adorn itself with the adjective “intelligent”.

More News

The Rainbow 6 miracle at the ZGS 2019

The Rainbow 6 miracle at the ZGS 2019

Three days of Zurich Game Show offered a lot of eSports action, for example, the Rainbow Six victories Swiss National.…

Online casino or Real casino: where do stars feel particularly at home?

Online casino or Real casino: where do stars feel particularly at home?

In the past, there was only a casino for everyone who wanted to play slots for winnings. Today, in times…

PUBG: The Nations Cup is announced

PUBG: The Nations Cup is announced

There is movement again in the dried up eSports scene at PUBG. The Nations Cup, in which German players will…

Rafael Nadal beats Daniil Medvedev in US Open Final

Rafael Nadal beats Daniil Medvedev in US Open Final

It started so well for Nadal. After two won sets everything had already run here, many spectators thought. But the…

Will minors no longer be allowed to buy scratch tickets in Great Britain?

Will minors no longer be allowed to buy scratch tickets in Great Britain?

The UK is currently considering raising the minimum age for scratch tickets and other lotteries from 16 to 18. In…

Because of Nazi greeting, Van Basten deleted from FIFA20

Because of Nazi greeting, Van Basten deleted from FIFA20

The terrible derailment of Marco van Basten (55) has further consequences. Now "EA Sports" removed Hollands former striker star from…

Canada: David Baazov sues financial regulator

Canada: David Baazov sues financial regulator

David Baazov filed a complaint against the Autorité des Marchés Financiers (AMF). The former head of Amaya is demanding €1.32…

The Big Wrap: Besim Hot as Chipleader

The Big Wrap: Besim Hot as Chipleader

The second day of 2019 The Big Wrap took place yesterday at King's Casino and Resort in Rozvadov. As expected,…

Real Madrid overthrows Inter and meets Salzburg in the semi-finals

Real Madrid overthrows Inter and meets Salzburg in the semi-finals

Sergio Arribas led with two assists and a penalty to score the white goal in a great restart. Marvin Park,…

Online casino without registration: Trustly introduces Pay N Play

Online casino without registration: Trustly introduces Pay N Play

Trustly is a payment method. Nevertheless, it is a Swedish company that has grown rapidly in the recent past and…

WSOP First Fifty Honors - Hellmuth is Bad Boy, Negreanu fan favourite

WSOP First Fifty Honors - Hellmuth is Bad Boy, Negreanu fan favourite

To mark the 50th anniversary of the WSOP, there was a special event: WSOP First Fifty Honors. Here all players…

The most successful eSports teams on social media

The most successful eSports teams on social media

Social media is playing an increasingly important role not only for athletes from the classical disciplines. For teams from the…

The Big Wrap: Besim Hot as Chipleader
The Big Wrap: Besim Hot as Chipleader

The second day of 2019 The Big Wrap took place yesterday at King's Casino and Resort in Rozvadov. As expected,…

The crashed FIFA World Champion
The crashed FIFA World Champion

During the FIFA19 World Cup in early August, Kai "deto" Wollin (30) already has a busy schedule. However, virtual duels…

Half time in the LEC: Schalke on playoff course, SK weakens
Half time in the LEC: Schalke on playoff course, SK weakens

When the ten LEC teams meet on Friday, the half-time of the summer season is reached. Who is on the…

FC Arsenal owner Kroenke joins CoD league
FC Arsenal owner Kroenke joins CoD league

For a long time, Kroenke Sports & Entertainment was in conversation with Echo Fox to join the American LCS in…

LeBron in the crossfire: China-Zoff splits the NBA
LeBron in the crossfire: China-Zoff splits the NBA

LeBron James doesn't want to talk anymore, at least not about China. Not about his remarks about the Twitter crisis,…

Jakub Wojtas at the final table of the WPT 500 in Aria!
Jakub Wojtas at the final table of the WPT 500 in Aria!

While the WSOP is running at full speed in Rio, there are also other highly interesting tournaments in Las Vegas.…

Fortnite World Championship: One of the kids will go home with $4 million
Fortnite World Championship: One of the kids will go home with $4 million

At Fortnite the world championship is scheduled for the end of July. The favourites are professionals aged 14 or 15.…

Bottas wins the Russian GP and Hamilton falls into the Netflix curse: Schumacher's record unmatch
Bottas wins the Russian GP and Hamilton falls into the Netflix curse: Schumacher's record unmatch

Michael Schumacher's 91 career victories, an all-time Formula 1 record, are about to fall. And they will sooner or later,…

E-Sport:
E-Sport: "World Cup title is the big goal"

Dylan "DullenMIKE" Neuhausen talks about the BFV eClub Championship and the FeWC in an interview. DYLAN, TOGETHER WITH BENEDIKT "BENECR7X"…

Boris Becker at the Triton Poker Millions in London
Boris Becker at the Triton Poker Millions in London

Next week in London, the Triton Super High Roller Series will host the most expensive poker tournament of all time.…

Mybetting Deals Tools

Surebet by BetBurger

Surebet by BetBurger

BetBurger is a service focusing on arbitrage bets, also known as sure bets. It turns sports betting into an investment.

Matched Betting by OddsMonkey

OddsMonkey

OddsMonkey offers matched betting services with features to enhance your profits with the best betting offers.

Live Sport Results and Statistics

Live Scores

Always keep ahead of the sports betting game with our real time results and statistics!

2000+ Free Slots

Play the best online slots and your favourites from the biggest developers for free right here!