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If you were offered a spot on a lotto syndicate, would you join ?

Yes

[ 6 ]

[ 16.2% ]

[ 23 ]

[ 62.2% ]

Undecided

[ 2 ]

[ 5.4% ]

Depends on how much a week

[ 1 ]

[ 2.7% ]

Depends on who's running it

[ 2 ]

[ 5.4% ]

Syndicate ?!? what's that ?!?

[ 3 ]

[ 8.1% ]

Total valid votes

[ 37 ]

Discarded votes

[ 2 ]

AuntiePat

Just outside of Cleveland, OH
United States
Member #54,077
August 3, 2007
106 Posts
Offline

Dec 30, 2008, 7:05 am

Quote: Originally posted by RJOh on Dec 19, 2008
No,I've never read anywhere of a syndicate winning a jackpot and yet all of them claim to give their members a big advantage not only with their strategies but with the number of combinations they play. In my opinion they are just a bunch of slick crooks taking gullible people money.

If I wanted to play as part of a group, I would join a local lottery pool with people that I know and trust. I've read about several pools of coworkers, friends and family members winning a jackpot.
dphillips

Albuquerque, New Mexico
United States
Member #5,128
June 18, 2004
377 Posts
Offline

Dec 30, 2008, 11:39 am

Although some lottery players are comfortable playing in pools, I, on the other hand, want to play alone. Anyway, my company will not allow employee lottery pools.

-- Bye, bye! When you win, may you glow as brightly as the
JWBlue

San Diego, CA
United States
Member #58,384
February 12, 2008
335 Posts
Offline

Dec 30, 2008, 8:12 pm

HAHAHAHAHAHAHAHAHAHAHAHA!

NEVER!
Mario38

Canada
Member #68,661
December 27, 2008
260 Posts
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Dec 31, 2008, 12:45 am

Quote: Originally posted by RJOh on Dec 19, 2008
No,I've never read anywhere of a syndicate winning a jackpot and yet all of them claim to give their members a big advantage not only with their strategies but with the number of combinations they play. In my opinion they are just a bunch of slick crooks taking gullible people money.

If I wanted to play as part of a group, I would join a local lottery pool with people that I know and trust. I've read about several pools of coworkers, friends and family members winning a jackpot.

There have been several examples where a syndicate won a jackpot. It seems to happen almost every month. I join as many syndicates and pools as I can.

Based on your response though, I think you differentiate between syndicates and pools. I consider them the same thing.

Maybe you define syndicates as commercial pools. That is, pools that directly profit from each member that joins. I definitely recommend against joining commercial pools. A lottery pool is so easy to set up, there is no need to pay someone to administer one.
PrisonerSix

Baton Rouge, LA
United States
Member #4,602
May 7, 2004
1,195 Posts
Offline

Dec 31, 2008, 6:05 pm

Quote: Originally posted by Mario38 on Dec 31, 2008
There have been several examples where a syndicate won a jackpot. It seems to happen almost every month. I join as many syndicates and pools as I can.

Based on your response though, I think you differentiate between syndicates and pools. I consider them the same thing.

Maybe you define syndicates as commercial pools. That is, pools that directly profit from each member that joins. I definitely recommend against joining commercial pools. A lottery pool is so easy to set up, there is no need to pay someone to administer one.

Many pools have one lottery jackpots. Some groups who have played together for many years have won. I'm hoping the pool I run, which started with just me and a person I shared my office with, and grew to include 10 people, will be among those winners. We keep buying Powerball and Lotto tickets hoping for the big win. All money won in our pool benefits the members in some way, usually by buying more tickets. I offer to distribute the money back, but they want more tickets instead so that is what I do.

I would never join a commercial lottery group, not sure I trust any of them. If someone wants to be in a group, it's best to play with people they know, and have some firm rules ahead of time on what will be done.

Prisoner Six

"I am not a number, I am a free man!"
guesser

United States
Member #41,382
June 16, 2006
1,969 Posts
Offline

Jan 1, 2009, 11:11 pm

Someone needs to define 'Syndicate' vs. 'Pool'.
Mario38

Canada
Member #68,661
December 27, 2008
260 Posts
Offline

Jan 2, 2009, 12:59 am

Quote: Originally posted by guesser on Jan 1, 2009
Someone needs to define 'Syndicate' vs. 'Pool'.

A lottery syndicate is identical to a lottery pool and is identical to a lottery group. Three words for the same thing.
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Jan 2, 2009, 2:40 am

In the U.S., lottery pools are usually groups of friends, family members or co-workers who pool their monies to buy lottery tickets. Everyone in the pool including the person running the pool must contribute and share the winning equally. Usually in a pool every participant has a say about the amount every one contributes and how the numbers played are picked.

Lottery syndicates in the U.S. that I've read about are businesses that buy lottery tickets and uses a pooling scheme that allows anyone to participate for a fee. They give the appearance of being a regular lottery pool but when you read the fine print, you learn they provide a pooling service for which they charge a fee and they may also share the winnings if any. The participants have no say about the way the pool works or who's in it.

* you don't need to buy every combination, just the winning ones *
KY Floyd

NY
United States
Member #23,834
October 16, 2005
4,772 Posts
Offline

Jan 2, 2009, 3:25 am

Quote: Originally posted by dphillips on Dec 30, 2008
Although some lottery players are comfortable playing in pools, I, on the other hand, want to play alone. Anyway, my company will not allow employee lottery pools.

Generally, your company has no authority to prevent employees from forming a lottery pool or engaging in any other legal activity. Their authority is limited to requiring that you use company time and company equipment only for company work.

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