You last visited May 24, 2013, 9:16 am All times shown are Eastern Time (GMT-5:00) | El Gordo now available - Drawing Dec. 22Chief Bottle Washer New Jersey United States Member #1 May 31, 2000 20642 Posts Online | | Posted: December 5, 2012, 11:21 am - IP Logged | |
It's also quite a bit of a markup. According to Wikipedia, one decimo (share) costs 20 euros, which, depending on which currency converter you use, comes out to between $26.15 and $26.20. So basically The Lotter stands to make quite a profit on this game alone. I went to Wikipedia because I didn't fully understand the prize structure and I was hoping for a more thorough explanation than the one that was provided. I'm still a little foggy on the details, but I think I've got the gist of it now. It looks fairly complicated, at least when compared to American lotteries, but as Todd said, it also appears to be rather lucrative. I'll consider buying a share, maybe two if I'm feeling ambitious. Of course there is a markup. There is always a markup on El Gordo, because it is a much more intensive job for a service to handle. But I think you'll find that the service I linked to is actually a lower price than competing services, many of which are pretty shady and don't offer features like the ability to buy specific numbers in advance. And it's a lot cheaper than buying a plane ticket to Spain. As I said before in this thread, the lower-tier prizes can be a bit complex, but one of the nice things about the service is they handle all that for you. There are a lot of lower-tier prizes, and the fact that the spread out the number of jackpot winners means there are tons of millionaires made, not just one or a handful like US raffles. If you need to be convinced to play El Gordo, then I would probably skip it. Most lottery players "in the know" go a little overboard on the game because of the wide scale of upside offered. | | |
Warren,MI. United States Member #81636 October 11, 2009 441 Posts Offline | | Posted: December 5, 2012, 1:47 pm - IP Logged | |
Of course there is a markup. There is always a markup on El Gordo, because it is a much more intensive job for a service to handle. But I think you'll find that the service I linked to is actually a lower price than competing services, many of which are pretty shady and don't offer features like the ability to buy specific numbers in advance. And it's a lot cheaper than buying a plane ticket to Spain. As I said before in this thread, the lower-tier prizes can be a bit complex, but one of the nice things about the service is they handle all that for you. There are a lot of lower-tier prizes, and the fact that the spread out the number of jackpot winners means there are tons of millionaires made, not just one or a handful like US raffles. If you need to be convinced to play El Gordo, then I would probably skip it. Most lottery players "in the know" go a little overboard on the game because of the wide scale of upside offered. Just went to look and 4 shares is the deal for26.20 , $52.40 for 8 shares, any combination,take all the shares and your the winner.Very affordable for me.Good Luck!!!!!!!!!! | | |
upstate NY United States Member #108819 March 31, 2011 434 Posts Offline | | Posted: December 5, 2012, 3:11 pm - IP Logged | |
Just went to look and 4 shares is the deal for26.20 , $52.40 for 8 shares, any combination,take all the shares and your the winner.Very affordable for me.Good Luck!!!!!!!!!! Say what? When I went there, they were charging $45.75 per share. If you bought 4, they'd take off $26.20 ($6.55 a share). Or is that (the second part) what you meant to say? | | |
Bahamas Member #133472 September 30, 2012 1608 Posts Online | | Posted: December 5, 2012, 3:22 pm - IP Logged | |
Say what? When I went there, they were charging $45.75 per share. If you bought 4, they'd take off $26.20 ($6.55 a share). Or is that (the second part) what you meant to say? 
You're correct. If you were in Spain buying the shares yourself it would come at a cost of 20 euros a share. They couldn't possibly sell it below that price. | | |
Oklahoma United States Member #82920 November 12, 2009 3466 Posts Online | | Posted: December 5, 2012, 4:01 pm - IP Logged | |
Thanks for the info Todd..... Win BIG everyone..... I Love Pink & Green....1908 | | |
Japan Member #131613 August 14, 2012 239 Posts Offline | | Posted: December 5, 2012, 9:46 pm - IP Logged | |
I want to purchase, just like I wanna purchase some other lotteries. Seeing I'm Japan and can't play them. So How?! My credit card won't be eccepted and I even tried using something called skrill. Thought it would let me since I give it money and then use that account to buy lotto (from TheLotter) and it still says My bank stopped/does not allow the Transaction. I would realy love to buy a ticket...any lotto ticket really. some ENLIGHTEN me. .... | | |
adelaide sa Australia Member #37542 April 11, 2006 2438 Posts Offline | | Posted: December 6, 2012, 3:09 am - IP Logged | |
i see a prize of $4 mill is that per share, they seem to be selling 30 shares. is that going 1/3 in a 10th, or 30th? basically i really want to know is the 4 mill per share bought ? May " The lotto goddess may be blind and heartless, but she also has a wicked sense of humor. " mon/ lotto [8.8] tue/oz lotto [] wed/ lotto [8.8] thur/ power ball [] sat/ lotto [] sat /pools [] keno [21]20 scratch [] jan loss=[260.25] wins= 189; feb loss= [190.05] wins =182.6; mar loss= [311.9] wins = 107.35; apr loss= [320.30] wins= 107.50 2013 YTD loss[1032] wins = 585 2012 total spend =[2486.10], wins = 2176.70 ; year total = -$309.40 | | |
Ridge Runner - Oracle of the Appalachians Way back up in them dadgum hills, son! United States Member #74415 April 28, 2009 12453 Posts Offline | | Posted: December 6, 2012, 7:09 am - IP Logged | |
I want to purchase, just like I wanna purchase some other lotteries. Seeing I'm Japan and can't play them. So How?! My credit card won't be eccepted and I even tried using something called skrill. Thought it would let me since I give it money and then use that account to buy lotto (from TheLotter) and it still says My bank stopped/does not allow the Transaction. I would realy love to buy a ticket...any lotto ticket really. some ENLIGHTEN me. .... Do you have a Visa Card? That's what I used and had no problem. | | |
ORLANDO, FLORIDA United States Member #5011 June 3, 2004 3503 Posts Offline | | Posted: December 6, 2012, 7:15 am - IP Logged | |
Do you have a Visa Card? That's what I used and had no problem. rdgrnr, They may not be accepting any of the cards Obama passed out, saving them for Detroit!!! | | |
Ridge Runner - Oracle of the Appalachians Way back up in them dadgum hills, son! United States Member #74415 April 28, 2009 12453 Posts Offline | | Posted: December 6, 2012, 7:48 am - IP Logged | |
rdgrnr, They may not be accepting any of the cards Obama passed out, saving them for Detroit!!! Yeah, for the quid pro quo, lol. One hand washes the other. | | |
United States Member #48500 December 7, 2006 1555 Posts Offline | | Posted: December 6, 2012, 4:20 pm - IP Logged | |
It Looks like the website has purchased about 30-40 tickets ... if you shuffle through them uuuummmmm..... I was kinda thinking of getting a Few Shares 'cause I've got about $300 dollars worth of Scrath-Off Wins that I've been saving up since mabey September QUESTION?????? It looks like ( if you shuffle through them ) ... that the tickets with matching numbers like 77550 don't have very many left as opposed to a ticket with no matching numbers like 34720 are the matching number tickets more lucrative than the non matching number tikets I know it seems kinda Nit - Picky It also kinda looks like for ONE share if your ticket wins a Million you get $100,00 dollars | | |
Japan Member #131613 August 14, 2012 239 Posts Offline | | Posted: December 6, 2012, 7:08 pm - IP Logged | |
Do you have a Visa Card? That's what I used and had no problem. yes Sir....its a Navy Federal [visa] card But it always declines my transaction when I try to buy Lotto from that site or any site with Lotto | | |
Ridge Runner - Oracle of the Appalachians Way back up in them dadgum hills, son! United States Member #74415 April 28, 2009 12453 Posts Offline | | Posted: December 7, 2012, 7:43 am - IP Logged | |
yes Sir....its a Navy Federal [visa] card But it always declines my transaction when I try to buy Lotto from that site or any site with Lotto Bummer, maybe that one's blocked somehow. Maybe you could get one of your buddies to go halves with ya and use their card. Good luck. | | |
Massachusetts United States Member #37842 April 14, 2006 967 Posts Offline | | Posted: December 7, 2012, 9:02 am - IP Logged | |
I just bought 2 tickets! Different numbers of course  | | |
Dutchess , NY United States Member #121976 January 21, 2012 1351 Posts Offline | | Posted: December 7, 2012, 9:30 am - IP Logged | |
Bought 1, but wanted 4 different numbers. They should put the tickets in a big list so you can scroll up and down instead of shuffling. Credit card company says it was billed to Illinois. Anything related to overseas puts a red flag on my card and blocks it. Girl must of thought i was nuts when i told her it was a Spanish raffle. GLLLLLLLL and make your last check bounce.
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