5 Characteristics That Make A Profitable Lottery
By Scott Britner
Over $120,000,000,000 are spent on
lotteries each year in the US, Canada, UK and around the world. It’s obviously
a very profitable venture. But with only an average of 30% being given
back to the lottery players it’s not the players who are profiting. Yet.
Let’s examine the 5 characteristics
that a player can evaluate to determine if a lottery will be a profitable
lottery system… for them.
1.) “How easy is it for me to play?”
The act of purchasing a ticket is
definitely not rocket science. Anyone can do it. But the physical act of
leaving your house, driving to a location that sells tickets and waiting
in line can seem a nuisance – especially when it’s out of your way or you
have other things to do.
Online lotteries have started popping
up over the past few years. Some are sites that will buy your lottery tickets
for you – of course you must pay them an extra “service fee” to do it.
Other online lottery sites offer free registration into their drawings
but then flood you with spam, pop-up ads and even spyware.
Be sure to consider all the entry
fees and criteria for entering and winning. If entry in the system is free…
be sure to question why.
2.) “How much can I win?”
Traditional lotteries only pay out
25%-35% of the profits they take from players. Since their jackpots are
calculated based on estimated players, there are limits. They are designed
to win when the player loses – that’s why there are no guaranteed winners.
Be sure to look beyond just the large
jackpot number (usually flashing in some trance-inducing neon color). Evaluate
how much you have to pay for each chance to win compared to your odds for
winning.
Look for lotteries that are designed
to win because the players win.
3.) “What are my odds of winning?”
The majority of lottery players do
not ask one of the most important questions… “What are my chances of winning?”
Traditional lotteries display huge
jackpot amounts and use colorful neon signs to mesmerize players and distract
them from thinking about anything other than what they are going to buy
with all that money when they win.
Unfortunately, the majority of lottery
systems are developed with the odds stacked greatly against the player.
You may see a million dollar number flashing in neon green but let’s evaluate
the real odds of winning a cash prize using the Power Ball drawing as an
example.
1 in 74 win $3.00 with PowerBall
1 in 118 win $4.00 with PowerBall
1 in 605 win $7.00 with PowerBall
1 in 8879 win $100.00 with PowerBall
Yes, you read that right. You have
a 1 in 605 chance of winning $7. The average lottery player spends more
than this to enter the lottery. Be sure to research whether the odds are
stacked in your favor or against you.
4.) “How many different ways can
I win?”
Traditional lotteries give you one
chance to win for each entry you purchase. Whether you are picking numbers
or buying a scratch off ticket, if you buy one ticket, you get one chance
to win. Period.
One chance is not good enough. Look
for a system where you can receive more than just one chance to win per
entry. Look for a system where you, the player, have more control over
your chances to win.
Although extremely rare, you can
find a lottery system where your chances of winning are completely up to
you.
5.) “What’s the risk?”
With traditional lotteries, your
risk is unlimited. Since there are no additional built in opportunities
to win, you will be charged for each chance you want. Your bank account
can dramatically get smaller depending on how many tickets you purchase,
yet your odds will not increase in proportion.
Find a lottery system that keeps
your investment to a minimal and let’s you determine how many chances you
have to win… without having to pay anything additional.
A good lottery system should take
the risk out of playing by leveling the playing field and putting the opportunity
to win with the player – which is where it belongs.
Scott Britner blended his background
in programming and analysis with a little creativity and a lot of focus
on the customer to develop the unique www.WeeklyWinning.com
lottery system. If you want to benefit from Increasing Jackpots, Guaranteed
Weekly Winners, Instant Winner Bonuses, and No Limits... then check out
http://www.WeeklyWinning.com
WeeklyWinning.com is so simple, so
powerful, and so profitable for the players… it just makes sense. We look
forward to making you a winner.
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