this post was submitted on 09 Oct 2024
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Memes

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[–] davel@lemmy.ml 16 points 2 months ago
[–] P4ulin_Kbana@lemmy.eco.br 13 points 2 months ago (2 children)
[–] Gerbylynn@sh.itjust.works 29 points 2 months ago (2 children)

"A chance to win" can mean that chance is very little, almost impossible for you to accomplish, but that 'chance' is enough to make that phrase legally accurate. Think gacha games.

[–] scrubbles@poptalk.scrubbles.tech 10 points 2 months ago

They could create a system that picks one person out of the millions that do it, and then still make a random number generator pick a number that they have to choose out of 1000, and it would still mean that "You have a chance" to win. Sure, a chance, like, but at what odds, and that's only if they were actually checked if it was true.

We all know there was never a chance.

[–] postnataldrip@lemmy.world 2 points 2 months ago

As I understand it these are basically an insurance policy. The promoter takes out a policy detailing the odds of a payout being required, and pay a premium based on the insurer's risk assessment.

And of course the insurer wants to minimise the odds of paying out, and the promoter wants to minimise their premium - so the top prize is usually, as above, near-unwinnable.

[–] xia@lemmy.sdf.org 4 points 2 months ago

At most one person gets it... :)

[–] umbrella@lemmy.ml 9 points 2 months ago (1 children)

does this really work? do people really fall for that one?

[–] kamenlady@lemmy.world 8 points 2 months ago

I just know that gravity falls, I don't know if people also fall for that one.

[–] NoneOfUrBusiness@fedia.io 2 points 2 months ago

Haven't seen this template in a while.