Does lottery gambling winnings determine many gambler house edge control ?

[swift]

I think Lottery gambling winnings do not determine a gambler's house edge control. House edge is a mathematical advantage that casinos have over players, regardless of the type of gambling. It is calculated as the difference between the odds of winning a game and the payout odds offered by the casino, expressed as a percentage




Does lottery gambling winnings determine many gambler house edge control ?

 

[CR7]

Lottery gambling winnings do not determine a gambler's house edge control. The house edge is a concept that pertains to casino games where the casino has a built-in advantage over the players. In lottery games, the odds are set by the organizers, and the house edge is not a factor since lottery drawings are based on random chance rather than skill or strategy.

In a lottery, the odds of winning and the potential winnings are preset by the game's design. The house edge is not a factor in lottery games because the lottery operator does not need to maintain an edge over the players to ensure profitability, as they generally receive a percentage of the total sales as revenue.

Therefore, unlike in casino games where the house edge determines the casino's advantage over the players, lottery gambling winnings do not impact a gambler's ability to control the house edge. In lotteries, it is purely luck that determines the outcome, not a mathematical advantage built into the game in favor of the operator.

 

[Qwert135]

I do not have a actual and agreed opinion but most of the casini games definitely have a predetermined house edge whereas the lottery services do not have that it is why both are not comparable options indeed.