Games of chance are as old as humankind itself. Encyclopaedia Brittanica records the earliest account of drawing lots to redistribute wealth back to the Old Testament, in Numbers 26:55-56, where Moses is instructed to divide the land to his people by means of a lottery.
Yet, lottery in the modern sense first appeared in 15th-century Europe and has evolved through the years to become part of popular culture and even to accommodate public goals – for example, part of the British Museum was financed by the UK’s National Lottery, most recently by gifting £10 million for its World Conservation and Exhibition Centre (WCEC).
The lottery may be the most widespread game of luck but it is not the only one where people bet on numbers – which makes other casino games strategies very useful for lottery players.
In games like poker and blackjack, statistics play an important role – which is why many players, including celebrated MIT Maths Professor Edward Thorp, tried to beat the odds with elaborate strategies.
These approaches are not exactly helpful in the lottery but bankroll strategies that apply to roulette, like the Martingale Method explained by Betway, are far more useful. The method is so popular that there are even books about it on Kindle and Amazon; in essence, though, it's all about managing your betting money.
As with roulette, in lottery, you can get a range of winnings, from small amounts of money that will just cover your bet to the ultimate jackpot.
The Martingale Method advocates a counterintuitive strategy – double your bet after losing. That means that if you lose 2 dollars, you need to bet 4 on your next lottery ticket. If you win, this means you made up for the money you lost and then won some.
The end goal is to make more than you lose, but there is always the downside of no guaranteed wins, which means that, if you are stuck in a losing streak, the Martingale Method might not be very helpful.