Elottery. The Smarter Way to Make Money...

50
rate or flag this page

By Dave Latrobe


Pro’s And Con’s Of Being In A Lottery Syndicate

When playing any lottery, statistics show it’s always best to play in a lottery syndicate when looking to increasing your winning chances.

It’s a fact that a quarter of the people playing the lottery, win more times when they are part of a lottery syndicate. Most lottery syndicates are formed with work colleague, family’s and close friends with just one goal in mind, to increase everyone’s chances of winning the BIG ONE, getting together in this way allows you to play more lottery games and minimises your initial expense.

Pit Falls of a lottery syndicates.

Playing as a member of a syndicate doe’s come with increased odds, when you are part of a larger syndicate than playing as a individual person. But it doe’s have its drawbacks lets explain below.

First: The most obvious one being the more members in each syndicate, the more the winnings will have to be divided equally, which in turn means less of a pay out for you. Depending on the payout this may only give you enough to have little holiday or maybe a car, so don’t go giving up the day job. Many people are happy with this because this way you still increase your chances of winning as long as you are aware of this every member keeps happy.

Secondly: On a more serious view that is occasionally mentioned in the press, is the main individual syndicate leader’s may attempt to hind the fact they have won, and keep all the winnings for themselves. This is mainly a problem if the syndicate system has been set-up informally and this then leaves you in most cases having to take legal action.

Thirdly; If a informal lottery syndicate agreement is in place you will have problems with Inheritance Tax and you know how we all like taxes?

The Benefits of a lottery syndicates.

Having said all that you can safe guard yourself from such problems. Like the elottery, if you join a syndicate that’s legal and binding with formal agreements the above issues now become a thing of the past. The benefits of getting involved with the elottery syndicate will in most cases outweigh the negatives, if you research the syndicate before signing up.

You will find that the E-lottery Business is not only legal and a smarter way to play, but is also a member of the Lotteries Council of Great Britain, an independent body that works closely with the UK Gambling Commission, who regulate lotteries.

Find out how you can play the smarter way.

Visit the main website at http://www.elottery-online.com

Or you can view the video here E-lottery Business


Print   —   Rate it:  up  down  flag this hub

Have Your Say

RSS for comments on this Hub

No comments yet.

Submit a Comment

Members and Guests

Sign in or sign up and post using a hubpages account.


optional


  • No HTML is allowed in comments, but URLs will be hyperlinked
  • Comments are not for promoting your hubs or other sites

working