I was at Yew Tee NTUC earlier queuing up to buy TOTO for the first time in my life. What I saw was a super long queue, and more than 50% of the people in the line were old enough to be my grandparents.
Why do they all donate their life savings to Singapore Pools? Shouldn't they use their money for better causes?
I interviewed a few of them, and they told me that they have nothing to do at home, except to watch TV which shows nothing in the day time. They also tell me that they only spend $2 each time they buy 4D or TOTO, but upon further questioning, they admit that they buy 5 times a week. These are the mild gamblers mind you. The "fierce" ones buy $20 each time! That's $100 per week, $400 per month, $5200 per year! OMG!
Singapore Pools should not only disallow those below 18, but also disallow those above 65. They are already old and not earning any money, so why give them an outlet to give away their money needlessly? I mean come on, how many times must you bet before you win something? And even if you do, how much have you already contributed to them? Yes, there might be cases where it is the first time they bought 4D or TOTO and won. But how many cases? 1 in a million?
I wonder if I'll be like these old people, giving my money to Singapore Pools. Somehow, I imagine myself setting up a mahjong house in Singapore, like Hong Kong, and holding a "King Of Mahjong" competition yearly, and I'll be at home counting money. Haha.