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Lottery Syndicate
Roadtonowhere100121
Posts: 24 Forumite
Are these websites that offer lottery syndicate a good place to invest?
0
Comments
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Basically....noEx forum ambassador
Long term forum member2 -
This should have been posted in the Compers Chat Corner, not on the Regular Competitions board.
Move requested.Bob1 -
The lottery is a gamble not an investment (unless you are a shareholder). The online syndicates I have seen put maybe 10p on for each pound that is paid to them so you lose 90% to begin with.
A friends/family/workplace syndicated where all the money taken in is put on tickets is a less bad option. But with the Lotto only paying out around 50% of the money staked you chances of a regular winning return is very very slim. Jackpot odds are about 45,000,000 to 1 and a ticket is £2 . By all means have a punt if you want while not expecting a worthwhile proper win.0 -
I found some info on Beat Lottery website (sorry doesn't allow me to post link)Roadtonowhere100121 said:Are these websites that offer lottery syndicate a good place to invest?
There are some websites offering syndicate playing but I'm not sure how reliable they are.0
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