E-lotteries are big business but are they for real? Find out below.
The E-Lottery revolution has swept the nation with an increasing number of companies beginning to sell their online lottery tickets. These modern lotteries can be found on their company’s website and in every online shopping mall. The great thing about them is that they are FREE! Yes, that is right. No entry fees, no card payment, just enter and pick your lucky numbers. However, loto188the downside to these lotteries is that they can become addictive.
As with anything, there are pros and cons. Are E-lotteries worth it? Would you spend $1.99 for a chance to win a big prize? Let’s see what the numbers say.
What exactly is an E-Lottery?
The E-Lottery is a pay-to-play draw. For those who haven’t played a real lottery before, this means that players have to put in their own money to play. This can range from $1.99 to a whopping $600. The main difference between the real thing and these E-Lotteries is that the payout is quicker and it is usually on-line. What is a pay-to-play? The best example of this is the sports book. You have to buy a seat, a voucher, before you can use your new seat. You can’t sit down and put bets on games that are happening. That’s what the lottery is. You put money into the pot and play for your chance to win.
Does it have to be online?
The answer to this is a big yes. The great thing about the E-Lottery is that they are so easy to play. You can download the E-Lottery app on your phone and from the comfort of your home or your office you can play your chosen game. If you are winning a lot of money online then you could be tempted to try and buy a loto188 ticket to pay on your phone. It is all very easy but remember that you are gambling and there are no rules. Always remember the age-old maxim: “Gambling is not a game”.
Are the odds of winning good?
The chances of winning any E-Lottery are fairly low. The long odds of winning are part of the lure of the E-Lottery. The standard E-Lottery gives you between a 1 in 50 and 1 in 60 chance of winning.
Is it legal?
If you are thinking that you can’t enter a ticket and if you win, can you do anything with your winnings then you are wrong. There is nothing illegal about an E-Lottery if you follow the rules and if you lose. The biggest deterrent against the sale of E-Lottery tickets is the law. A great example of this is the Tasmanian e-lottery ticket.