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Original size: 6. The results, prize payouts and statistics for lotto drawn on wed. The pursuit of the elusive cfl ran aground as many posters predicted.
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Post Script Randy commented this past week on the OLG's effort to publicize its Play Smart program. The way they have stated it leaves open the possibility that although a winning ticket is not sent to a specific location it may be sent to a defined zone, such as Eastern Ontario.
In my opinion, it was the reaction of the Woodbine Entertainment Group WEG that got the ball rolling to try and kill horse racing in Ontario.
It's nigh impossible to figure out who actually owns WEG and when the Ontario Government came to them to talk about slots money and how it was being spent, WEG told them to take a hike.
This resulted in the Ontario Government pulling the rug out from underneath their corpulent posteriors. After much yelping and invoking the interests of the "little" people ,whose interests are actually all that should matter, the Ontario Government made the OLG responsible for the welfare of the racing industry.
This led to the departure of some senior staff and the hiring of a new vice-president responsible for the file. It has been a slowly developing marriage as the OLG was counting on all of that Slots money to underwrite their "Modernization" plan.
Toronto City Council rejected a casino for the downtown which was not expected by the OLG and only on a second go round did they approve an expansion at Woodbine.
Now we see the plans for what amounts to a destination casino. This is the very concept that Frank Stronach proposed years ago but the old boys ran him out of town for being too progressive.
My only caution to WEG is that if they're using OLG forecasting as a base for making business decisions, I'd advise getting a second opinion.
One thing is for sure; if Woodbine doubles its customer base after the upgrade, it will come at the expense of the communities around Toronto such as Niagara Falls and Rama Orillia.
Woodbine will cannibalize those places and that's something that the OLG failed to mention while they were arm twisting municipalities into approving their respective location for a casino.
Still, if you live in Toronto, what's not to like? One last shout out to Darth who appears to be a college basketball guru. Think I'll ask him to put in my picks for this year's March Madness pool.
Posted by Doug Kellam at 45 comments: Email This BlogThis! Labels: Best Instant Games , Best Scratch and Win Tickets , OLG , Scrabble , Usockem. Thursday, 11 February Scrabble Ascends the Throne.
The pursuit of the elusive CFL ran aground as many posters predicted. That's almost the population of the entire country..
The odds are horrible and extremely small. You will keep gambling and throwing your money off to the government who is taking it with open arms Doug - sorry to see your blogs been trashed again by the troll - i wish others did not reply as it just fans the flames - calling another as "you are a BIG retarded low IQ, lowlife loser" is reason enough that i vote for you to please delete all of his posts and the replies to them.
I looked and it was 1 in to win for the new crossword trippler that had come out. I'm guessing 1 in ? I am now a whopping 0 for 14 on Diamond Payout tickets.
I fully admit that I'm a dumbass for stubbornly continuing to buy these. I find my bad luck almost laughable. This is why I am telling all gamblers to quit and save your money.
You don't have patience for mutual funds and you just want to get rich quick. It's not going to happen and Its not bad luck You see the ticket float for the "Diamond Payout" is in the millions So out of a million tickets lying around there are only 20 grand prize winners.
The odds are extremely horrible. I understand what you're saying about investing, but no need to be all high and mighty about it.
I didn't know that investing and buying lottery tickets were mutually exclusive. When did they make it illegal to do both?
I'm not choosing between eating and buying lottery tickets. It's a form of entertainment, pure and simple. Some people use their money to buy alcohol and go out to clubs, some use it to take fancy trips, others spend lots of time and money playing video games.
Do you look down your nose at those people too? What you're saying about investing is true. But hiding behind anonymous comments on a blog while thumbing your nose at people with a shared hobby and making the assumption that nobody here takes personal finance seriously is, quite frankly, pathetic.
Plus we have a still poorly regulated securities regime here, another Bre-X or Nortel could still easily happen in Canada. Plus the industry giving advice, "financial planners", is hopelessly corrupt.
Ever wonder why those bank "advisors" always tell people to invest in bank GICs and mutual funds? Commissions, that are still not disclosed. Do NOT buy mutual funds, ever!
Buy a balanced mix of ETFs, weighted mostly non-Canada, with the rest in more secure money instruments, proportioned based upon your years to retirement.
Do NOT gamble on individual securities unless you have at least a 7 figure portfolio. It is because securities are so misunderstood by people like Anonymous that so many Canadians have also turned to an even bigger gamble, the single-asset strategy of "investing" in real estate.
Real estate, historically, has NEVER been an investment. It rises only by the rate of inflation over time. All bubbles correct. You are deluded and living in a real estate bubble if you think otherwise.
Which is exactly where we are now in Canada, with millions about to lose their shirts. This is why, adjusted for inflation, Trump has actually LOST money over the years in his "real estate empire" - the money he inherited from daddy would be worth more today if he had just put it into an ETF - look it up if you don't believe me It is strange, isn't it, how so many turn to "investments" that are really very dangerous gambles.
Real estate, penny stocks are always the financial end of so many ordinary people. At least lotteries are a transparent, obvious gamble to everyone, especially the more thoughtful posters here.