Why Formal Lottery Syndicates Are Better than Friendly Syndicates
The idea of groups of friends or coworkers pooling money to purchase multiple lottery tickets has been around for a long time. People have been doing it for ages, and in some cases they have won big. But even among good friends, the temptations for cheating are great.
Suppose you and your friends collected ?1,000 to buy tickets, and sent a person to buy them for everyone. He buys ?1,005 in tickets, and conveniently makes it so that “his” extra ticket is the one that wins. Of course, you can get around such problems by having a witness go along to purchase tickets, which would then be sealed in an envelope, signed by both witnesses.
As an alternative, you could have the buyer write down the ticket numbers and distribute the information to everyone before the drawing so that he can’t replace one ticket with another. But that’s a lot of work!
And consider a sealed envelope locked in your co-worker’s desk. If one of the tickets, with a known combination, turns out to be worth ?5,000, that locked desk drawer may not be so secure after all. The fact is that money and friendships can be a dangerous combination. And when the stakes are potentially very high, as in a lottery, even longstanding friendships can collapse in a dispute.
Joining an organized euromillions lottery syndicate is a more rational decision all the way round. For one thing, a syndicate is not a group of friends, but a group of people engaging in a strictly business transaction. For another, syndicates run according to agreed-upon rules that make it clear to everyone how the syndicate works.
Lottery syndicates are managed systematically, so there are no worries about losing your ticket, or what steps to take if you have a winning ticket. In some cases, your winnings can be placed in an online account or sent to you by a service like Paypal, so there are no concerns over winning tickets being locked in someone’s desk!
Lottery syndicates are a way for everyday people to improve their odds of winning cash prizes without the personal expenditure of buying a large number of tickets themselves. And syndicates take the variable of friendship or relationships between coworkers out of the equation, so that the joy of winning a large cash prize won’t end up spoiling a friendship or working relationship.
Friends are priceless, and so are friendships. Lottery syndicates are the best way to maximise your lottery chances without running the personal risks you take when you pool resources with friends or coworkers.
lovemylotto is the latest online lottery syndicate which also allows you to play the euromillions as part of your syndicate.
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