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

Erik Seidel at the 2020 Aussie Millions Main Event final table

Erik Seidel at the 2020 Aussie Millions Main Event final table

It was to take just over 14 hours to determine the final table of the Aussie Million A$10,600 Main Event…

15,000 fans celebrate in the Counter-Strike Cathedral

15,000 fans celebrate in the Counter-Strike Cathedral

The fans in the Lanxess Arena are raving. The second round of the semi-final between Astralis and Team Vitality at…

BlizzCon-Esports: First female HS Champion, Method dominates WoW

BlizzCon-Esports: First female HS Champion, Method dominates WoW

BlizzCon 2019 featured five major Esports tournaments for Overwatch, Hearthstone, World of Warcraft, and Starcraft 2. Xiaomeng "VKLiooon" Li was…

Fortnite pro wins the tournament in Modern Warfare

Fortnite pro wins the tournament in Modern Warfare

In the Code Red tournament of Call of Duty: Modern Warfare numerous big players from CoD competed against streamers like…

Australia: Poker action in January 2020

Australia: Poker action in January 2020

In 2020 there will be a lot of news for poker players as the day after the Aussie Millions, which…

PUBG: Interview with eSports boss

PUBG: Interview with eSports boss

PUBG is trying to establish itself in mainstream eSports this year. SPORT1 interviewed Jake Sin, the PUBG Director of eSports.…

E-Sports: G2 eSport reaches final

E-Sports: G2 eSport reaches final

The eSports-Team G2 eSport reaches the final of the Mid-Season Invitational in Vietnam and Taiwan. There it meets North America's…

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,…

E-Sports: G2 unstoppable in the LEC

E-Sports: G2 unstoppable in the LEC

A particularly exciting week in which a lot has happened comes to an end. There were plenty of surprises both…

"A European will win the Fortnite World Championship"

The 19-year-old Kinstaar from Freiburg has qualified twice for the upcoming "Fortnite" World Championships. This is how he feels before…

Hard Rock Casino Las Vegas closes in February

Hard Rock Casino Las Vegas closes in February

The Hard Rock Hotel & Casino will finally close its doors at the start of construction in February 2020. The…

ESL against FACEIT: fight for exclusivity

ESL against FACEIT: fight for exclusivity

The year 2020 has not yet really picked up speed, and yet a big battle is already looming on the…

Federal states consider total monitoring of online gaming
Federal states consider total monitoring of online gaming

Gambling on the Internet is attracting more and more people to Germany. If the state chancelleries of the federal states…

Pensioner skims 100,000 francs at casino
Pensioner skims 100,000 francs at casino

A pensioner spent the Monday afternoon in the Casino St. Gallen. She then went home with 100,000 francs. She sweetened…

Belgian Poker Challenge announces Namur Festival
Belgian Poker Challenge announces Namur Festival

The Belgian Poker Challenge (BPC) 2019 will take place from Friday, November 29th to Sunday, December 8th, 2019 at the…

WSOPE: Natascha Stamm in front in 8-Game
WSOPE: Natascha Stamm in front in 8-Game

The 8-Game is something like the supreme discipline in poker. No wonder that the superstar density in no other event…

Ubisoft Announces New Rainbow Six Tournaments
Ubisoft Announces New Rainbow Six Tournaments

Ubisoft has announced a new tournament series for "Tom Clancy's Rainbow Six Siege" in Germany, Austria and Switzerland. There will…

League of Legends:
League of Legends: "Huni's" account is growing

The former Fnatic and SKT top planner Seung-Hoon "Huni" Heo is facing a spectacular contract extension at Dignitas. The contract…

Andrea Roner deals to win the partypoker Grand Prix Barcelona
Andrea Roner deals to win the partypoker Grand Prix Barcelona

Last week, Casino Barcelona organized the premiere of the partypoker Grand Prix. A €500,000 prize pool was guaranteed for a…

WSOP 2020 Championship Events Schedule is complete
WSOP 2020 Championship Events Schedule is complete

The schedule for the Championship Events of the WSOP 2020, which takes place from May 26th to July 15th 2020…

Gears 5 has blood and violence but no smoking
Gears 5 has blood and violence but no smoking

Gears 5 will be the next game in the "Gears of War" saga. The third-person shooter comes on September 10…

Online Poker: Pennsylvania gives the green light
Online Poker: Pennsylvania gives the green light

From 15 July, online poker will be allowed in the US state of Pennsylvania. PokerStars, 888 and partypoker are in…

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!