|
|
Analysis of number lotteries
Jedličková, Veronika ; Pawlas, Zbyněk (advisor) ; Lachout, Petr (referee)
This bachelor thesis focuses on most well-known lotteries on the Czech market, in particular Sportka and Loto. Thesis observes many aspects influencing progress of these games. Winnning prices and lottery participant's expectations are examined. Total sum of these winnings is influenced by the amount of money in jackpot. Therefore, jackpot sum modelling and period between wins is taken into account. Moreover, expected period between two jackpot hits, distribution of drawn numbers and probability of drawing the same winning sequence is examined.
|
|
|
Lottery - history, present and probabilistic modeling.
MATIKO, Natalija
In my thesis I focuse on the lottery theme. I describe its historical development and contemporary situacion. The main part of mine thesis is focused on the "Sportka" and "Eurojackpot" lotteries. For these two lotteries, I do probabilistic modeling, which primary aims on the probabiliti of winning. I have created also a worklist on the topic lottery and win, which is divided for studenst of secondary school and for students of elementery school too. Furthermore in this thesis is lottery "Účtenkovka" described too and instructions how to win in lottery.
|
|
|
Customer Profile Characteristics For The Betting Industry in Czech Republic
Med, Daniel ; Šíma, Jan (advisor) ; Kunzmann, Lucia (referee)
Title: Customers typology of Czech betting companies. Objectives: The main objective of this research is to create a typology of curent customers typology of Czech betting companies. Methods: In order to obtain the results, marketing quantitative research was conducted in the form of both electronic and personal questioning. The basic set was all bettors in the Czech Republic and the sample was composed of 210 respondents. They were represented by customers who bet online through the computer and through the application, as well as those from physical bookmakers. The field ran for two weeks. Results: The results of the research are presented in the analytical part of this work. They are a source of hypothesis validation and, for the synthetic part, in which, by means of mathematical-descriptive methods, the bookmakers were divided into three types, briefly named as Computers, Applications and Offices. Keywords: Typology, customer, segmentace, betting companies, bets, lottery, marketing, marketing research
|
|
|
(Non)rationality of betting
Hamáček, Filip ; Hlaváček, Jiří (advisor) ; Cahlík, Tomáš (referee)
The subject of this bachelors thesis is nonrationality of betting. The first part of thesis is discussing different instruments of risk evaluation. The second part is about Petersburg paradox. This thesis tries to find alternative solution to Petersburg paradox using two methods, the first method is based on repeating high amount of petersburg games. The second method is maximizing the probability of economic survival, which is based on wealth of the player and on bound of economic survival. In the third part of this thesis, Sportka (Czech lottery) is compared with special tournament of poker. The goal of this part is to compare the expected return of investment on playing Sportka and on playing poker without even basic notion about rules and the game strategy. For the estimation of the expected value of poker tournament, different game scenarios are considered, probability of scenarios are based on players behavior according to the Nash equilibrium. Keywords: Betting, expected value, Petersburg paradox, lottery, poker, Nash equilibrium
|
|
|
Analysis of number lotteries
Jedličková, Veronika ; Pawlas, Zbyněk (advisor) ; Lachout, Petr (referee)
This bachelor thesis focuses on most well-known lotteries on the Czech market, in particular Sportka and Loto. Thesis observes many aspects influencing progress of these games. Winnning prices and lottery participant's expectations are examined. Total sum of these winnings is influenced by the amount of money in jackpot. Therefore, jackpot sum modelling and period between wins is taken into account. Moreover, expected period between two jackpot hits, distribution of drawn numbers and probability of drawing the same winning sequence is examined.
|
|
|
Economic, legislative and social impacts of gamble gaming and bets in the Czech Republic
Tausch, Michal ; Peková, Jitka (advisor) ; Lechner, Tomáš (referee)
This thesis analyzes gamble gaming, bets and lottery in the Czech Republic. Historic context of hazzard and view of economic theory and the game theory is described in details. This thesis deals with the economic, social and legislative impacts of gamble gaming and bets. Current changes and issues are analyzed in depth, there are also views of the particular subjects included within this analyze. The thesis proves via argumentation the inadequacy of the current legislative framework in the field of gambling and predicts what possible consequences the extensive legislative changes may bring. The Thesis studies the approach of former works dealing with the subject and methods of hazzard social expenses quantification. Current environment of gambling is analyzed on the country level as well as on the municipal level (As an example town Třešť and Jihlava were chosen).
|
|
|
Lottery industry in the Czech republic - development and regulation since 2012
Lenc, Martin ; Ježek, Tomáš (advisor) ; Vostrovská, Zdenka (referee)
Thesis deals with the gambling industry in the Czech Republic since 2012, when the major amendment of lottery act was introduced, which allowed municipalities to regulate or eventually completely prohibit gambling with generally binding ordinances. The complete ban, which began to be implemented within some municipalities, caused an emergence of the black market. This economically interesting phenomenon is in terms of the thesis resolved - its origin and forms of expression. Furthermore, the thesis deals with the emergence of new laws that will gradually apply from 2016 and 2017. It analyses the impact on companies operating in the sector, the state budget and municipal budgets. There is also research of background data and economic models that the Ministry of Finance results from and in contrast to the critical analysis of the social costs of gambling it is being considered whether prepared regulation in the form of substantial increases in taxes is adequate or not. As the solution method was chosen descriptive analysis of relevant materials, especially the outputs from the Ministry of Finance, specifically established institutions, municipalities and real companies operating in the sector, as well as explanatory reports from lawmakers proposing new laws. The executed analysis provides a critical look at some of the background bases of the regulator. It impeaches the calculation of the social costs of gambling, which are further imbedded into a broader context in order to revalue the severity of the problem. Also is examined the estimation of the additional revenue from gambling after the tax increase, shifting the point of profitability and the transition to the emergence of a black market. The main contribution of this thesis is the emphasis on the greatest possible objectivity in the analyzing and processing of a wide range of inputs, which are further critically evaluated. This thesis comprehensively summarizes the situation of the gambling industry, its present and future regulation considering its bases and possible impacts.
|
|
|
The influence of gambling industry on the world of sport
Kouřil, Jakub ; Novotný, Jiří (advisor) ; Špaček, Martin (referee)
This thesis deals with questions of funding sport from lottery incomes and other similar games. The aim of this study is to present a relation between gambling and sport in a complex way. The preliminary theoretic part explains terminology and principle of venture operations, including historical evolution. Furthermore, this thesis is focused on determination of positive and negative externalities of gambling towards sport. Practical part describes a crucial legal form of gambling in Czech Republic. Apart from that this thesis evaluates consequences caused of legal modifications in recent years. Following is the analysis of funding sport from incomes of loterries in selected EU countries. The final part deals with (de)regulation of betting sector in Europe.
|
|
|
Development and consequences of legislative changes in gambling in the Czech Republic
Lenc, Martin ; Vostrovská, Zdenka (advisor) ; Ježek, Tomáš (referee)
Gambling in the Czech Republic is very often discussed topic. In connection to it we speak about regulation or prohibition. First law to regulate this sector is from 1990. With increasing speed of technological progress are also changing technologies in gambling. This essay shows that legislation doesn't respond quickly enough. When it reacts it is under strong influence of powerful lobby groups which are making holes in the law already when it is created so they can benefit from it later. Essay in its beginning examines the general approach to the issue trying to look at the problem through the eyes of supporters and antagonists of the regulation. As a result of the lobby mentioned before the standards of gambling environment was affected and to them licensed kinds of gambling, especially technical games (video lottery terminals, electromechanical roulettes etc.). As a result, there has been extensive and uneven expansion of one segment (technical games) at the expense of other kinds of lotteries. Technical games and slot machines generates 83,3 % of results in all kinds of games on the internal market of the Czech Republic. That is why this essay is mainly focused on technical games and slot machines. However, the ratio in European Union is even. The blame for this is especially § 50 article (3) -- law about lotteries, under which the Ministry of Finance can authorize lotteries and other similar games that are not in the law in first to the fourth part modified. A substantial part of the essay is devoted to "payments for public purposes" and exploring failure of this practice. The method of research is primarily descriptive analysis. The essay examines change of the law and how these changes are reflected in practice on the example of a particular company and in a broader context. Mostly based on actual data provided by the Ministry of Finance, accounts of firms and municipal budgets. The essay go through 2 most important amendments of the industry - in 1998 and 2011, and their consequences - the impact on businesses, municipalities and state budgets. The conclusion summarizes the findings in order to determine whether the legislation is moving in the right direction and comparison with other countries.
|
|
|
What is the value of trust? How decline of trust influences bets into lotteries of Sazka company.
Vaněčková, Markéta ; Lahvička, Jiří (advisor) ; Babin, Jan (referee)
This thesis reveals the gradual development of trust decline and calculates the impact on amount of bets into two big lotteries, which are run by companies SAZKA (CZ) and TIPOS (SK). Both companies got into financial problems during 2011. The analysis was conducted on data gathered from lists of winners since 2008 (2009) to February 2012 using difference in differences method for particular games. Austrian lotteries were used as a control group. Results for game Sportka (Sazka) shows slight decline since the problems were published by media. For Euromiliony (Sazka) the decline is small up to announcement about inability to pay out prizes. After this both games showed large slump in bets: 70 % for Sportka and 54 % for Euromiliony. The drop has been decreasing up to the end of the monitored period. Loto (Tipos) decreased by 1 % and Euromilióny (Tipos) increased by 27 %. All results are significant at 1 % level. Difference in results is probably due to different character of problematic period for each company and due to state ownership of Tipos.
|
guest ::
