Lottery Based Business - Thoughts?
Discussion
A friend has set up this business www.lottery-millions.co.uk and for a modest effort in terms of promotion is doing reasonably well in terms of monthly ticket sales.
I wondered what people's opinions are in terms of the business itself and the business model? In addition how would you best promote/market a business like this?
The business itself allows people from outside of the UK and EU to play the UK and/or Euromillions lottery from anywhere in the world securely online.
I wondered what people's opinions are in terms of the business itself and the business model? In addition how would you best promote/market a business like this?
The business itself allows people from outside of the UK and EU to play the UK and/or Euromillions lottery from anywhere in the world securely online.
Camelot won't pay out on tickets bought from overseas (there's a high profile winner who wasn't able to collect because of this) - so there's definitely a market for this idea. I guess it's the costa-residents who will most be in to this, and playing a lotto in English probably appeals even more!
How do the customers know that he has actually bought the tickets, and if he has, how do they know that he will hand them over if the tickets win? I believe he sends them an e-copy of the actual Camelot/Euro-millions lottery ticket in advance of the actual draw.
95% premium to play the lottery, as has been correctly pointed out you are only legally allowed to play the UK or Euromillions lotteries from within the UK/EU so it allows ex-pats to still play or nationals from other countries where the state/local lottery prize is 50p and a donkey ride. So far it has been the convenience that has appealed more than anything.
95% premium to play the lottery, as has been correctly pointed out you are only legally allowed to play the UK or Euromillions lotteries from within the UK/EU so it allows ex-pats to still play or nationals from other countries where the state/local lottery prize is 50p and a donkey ride. So far it has been the convenience that has appealed more than anything.
Is a National Lottery ticket transferable?
If not, he could well be invalidating any he buys on another's behalf.
You'd get away with buying one for your mum or mate from the local newsagent as there'd be no record of who actually bought it, but if he's buying them online through his own account, then they'd be wondering why someone from Bolivia is calling them to claim.
Don't forget that Camelot will also invalidate the ticket if it's bought by (directly or indirectly) someone in a non-EU country, or country where online gambling is illegal.
If not, he could well be invalidating any he buys on another's behalf.
You'd get away with buying one for your mum or mate from the local newsagent as there'd be no record of who actually bought it, but if he's buying them online through his own account, then they'd be wondering why someone from Bolivia is calling them to claim.
Don't forget that Camelot will also invalidate the ticket if it's bought by (directly or indirectly) someone in a non-EU country, or country where online gambling is illegal.
mmm-five said:
Is a National Lottery ticket transferable?
If not, he could well be invalidating any he buys on another's behalf.
You'd get away with buying one for your mum or mate from the local newsagent as there'd be no record of who actually bought it, but if he's buying them online through his own account, then they'd be wondering why someone from Bolivia is calling them to claim.
Don't forget that Camelot will also invalidate the ticket if it's bought by (directly or indirectly) someone in a non-EU country, or country where online gambling is illegal.
if someone else wins, he'll apologise, not transfer the money to stick with laws, and issue a refund.If not, he could well be invalidating any he buys on another's behalf.
You'd get away with buying one for your mum or mate from the local newsagent as there'd be no record of who actually bought it, but if he's buying them online through his own account, then they'd be wondering why someone from Bolivia is calling them to claim.
Don't forget that Camelot will also invalidate the ticket if it's bought by (directly or indirectly) someone in a non-EU country, or country where online gambling is illegal.
c-c-c-cashback!
TheEnd said:
mmm-five said:
Is a National Lottery ticket transferable?
If not, he could well be invalidating any he buys on another's behalf.
You'd get away with buying one for your mum or mate from the local newsagent as there'd be no record of who actually bought it, but if he's buying them online through his own account, then they'd be wondering why someone from Bolivia is calling them to claim.
Don't forget that Camelot will also invalidate the ticket if it's bought by (directly or indirectly) someone in a non-EU country, or country where online gambling is illegal.
if someone else wins, he'll apologise, not transfer the money to stick with laws, and issue a refund.If not, he could well be invalidating any he buys on another's behalf.
You'd get away with buying one for your mum or mate from the local newsagent as there'd be no record of who actually bought it, but if he's buying them online through his own account, then they'd be wondering why someone from Bolivia is calling them to claim.
Don't forget that Camelot will also invalidate the ticket if it's bought by (directly or indirectly) someone in a non-EU country, or country where online gambling is illegal.
c-c-c-cashback!
This is flawed from the start.
1) The National Lottery are sh**-hot on protecting their trademarks and it is only a matter of time until he gets a cease and desist letter.
2) The National Lottery is already crap odds. If you charged 10p a ticket I could see people not being bothered but an extra 95p... Nope.
Lastly, the opportunity for a scam is huge. The Lottery odds are so rubbish, he would be better off not putting the tickets on. Then he is quids in. Worst case scenario is he pays out the tenner and fifty once in a while. In the hugely outside chance that someone wins a jackpot, what are they going to do, sue a Ltd Co with no assets for £10m!?
1) The National Lottery are sh**-hot on protecting their trademarks and it is only a matter of time until he gets a cease and desist letter.
2) The National Lottery is already crap odds. If you charged 10p a ticket I could see people not being bothered but an extra 95p... Nope.
Lastly, the opportunity for a scam is huge. The Lottery odds are so rubbish, he would be better off not putting the tickets on. Then he is quids in. Worst case scenario is he pays out the tenner and fifty once in a while. In the hugely outside chance that someone wins a jackpot, what are they going to do, sue a Ltd Co with no assets for £10m!?
So let's say a punter wins.... 
Win the jackpot and pay a £1m admin charge.
rules said:
2.0 Agent's Responsibilities, (f) Credit the winning Member's Credit Card or send a cheque or bank transfer of all prize money owing to the Member less a ten percent administration charge which shall be retained by the Agent and any bank charges incurred from the transaction.
That's nice Win the jackpot and pay a £1m admin charge.
Shall we take bets on the number of days to make it interesting? 
Sideways Rich said:
they have spoken directly with the lottery operators
So they are using a huge companies registered trade marks and other revisions of them and opened themselves up to being sued without getting it *in writing* that they are OK and *exactly* what they can do...?Risky game IMHO.
There are a number of companies offering similar services to the one the OP was referring to. And some are making a bunch of cash. Most, if not all use the Camelots trademarks, all have disclaimers (... we are not associated in any way to the National Lottery etc).
If the OP wants to get in touch, I might have a couple of pointers as to how to how to maximise the business.
If the OP wants to get in touch, I might have a couple of pointers as to how to how to maximise the business.
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