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Adventure upon all the tickets in the lottery, and you…

“Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty.” quote by Adam Smith
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“Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty.”

Adam Smith

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The more tickets you buy, the more likely you are to lose, showing that increasing odds can paradoxically guarantee failure.

In simple terms: Buying more tickets increases certainty of loss.

Key Takeaway

Avoid overcommitting resources when odds are unfavorable.

Themes

probability risk overcommitment

Mood

cautious analytical

Type

advisory philosophical

When to use this quote

  • gambling
  • investment
  • lottery tickets
  • risk assessment

Key Concepts

law of large numbers paradox of choice

Questions to Reflect On

  • How does increasing quantity affect quality of outcomes?
  • When does more become worse?
A Different Perspective

More tickets do not improve chances; diminishing returns apply.

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