Australia moves to ban 'fake' online lottery wagering

Comment #9

bigbuckswede — Sun, 06 May 2018 04:14:57 GMT

+1 Todd

Many other companies act like lottoland, playhugelottos, multilotto. They could also - in case of selling a winning jp ticket- claim they sold say like 10 tickets with same numbers and only be obliged to pay out a 1/10 of the prize. No one could checkt that this is true because they wont show the bets that are made in advance.

Comment #8

dannyct — Thu, 03 May 2018 00:23:34 GMT

The point of lotteries is to raise revenue for states. These lotteries don't give any revenue to states.

Comment #7

JADELottery — Wed, 02 May 2018 16:41:22 GMT

https://en.wikipedia.org/wiki/Prize_indemnity_insurance

More than likely, if you see a prize offered at a game event, i.e. win $50,000.00, these are covered by Prize Indemnity Insurance.

It's kind of proof that Insurance is Gambling.

Comment #6

music* — Wed, 02 May 2018 16:16:06 GMT

Congratulations to you Bleudog101 for retiring. That was a noble goal for you and you achieved it.

Enjoy every day and win at MM PB.

Comment #5

Bleudog101 — Wed, 02 May 2018 15:39:56 GMT

Thank you for educating me. I did not know anything about Lottoland, a big time ripoff.

Being retired had given 1/2 a thought to being a purchaser for one of those butler services...then again No. Wouldn't want to feel obligated to buy tons of tickets and not being able to travel or just enjoy myself

Comment #4

CDanaT — Wed, 02 May 2018 15:22:59 GMT

Crikey Mates !!! Perhaps you chaps need a tinny or 2, maybe even a slab, meet with a nice sheila and consider a good Two Up for the day.

Comment #3

Todd — Wed, 02 May 2018 15:02:27 GMT

Lottoland is a different animal than the ticket service that sold the Iraqi the winning Oregon lottery ticket. Unlike that service, Lottoland does not actually purchase lottery tickets from a legitimate lottery retailer. Instead, they buy nothing except insurance . So when you use Lottoland, you are not actually playing the lottery (which is why the article refers to it being a fake lottery).

Everyone has to make their own choice on these things, but personally I would never use a service lik... [ More ]

Comment #2

music* — Wed, 02 May 2018 14:37:47 GMT

Lottoland may have more plans for expansion. Time to nip it in the bud.

Comment #1

Bleudog101 — Wed, 02 May 2018 14:32:49 GMT

As of now feeling indifferent about this. Almost seems draconian to me, but perhaps many were ripped off, IDK. Let the folks spend the money the way they choose fit.

Remember the Iraqi that won the Oregon lottery through a lottery buying service? Luckily he was able to stay anonymous.

Australia moves to ban 'fake' online lottery wagering

Lottery Post — Wed, 02 May 2018 12:23:32 GMT

Controversial lottery-betting service Lottoland described Australian legislation that will in effect banish it from the country as unnecessary and misguided , while newsagents and lottery sellers have welcomed the decision.

The Australian government on Tuesday said it would introduce new legislation to Parliament to prohibit so-called synthetic lotteries , in which gamblers can bet on foreign lottery outcomes rather than having to buy tickets in any draw.

The bill, to be introduced by Comm... [ More ]