BigFatLottos Exposed – Let’s Look at It Again
BigFatLottos Review
BigFatLottos.com looks like a good place to play syndicates for most of the major international lotteries. The site is straight forward with the number of participants for each syndicate clearly identified. BigFatLottos.com is not a place to buy individual lottery tickets. Let’s look at syndicates.
Play Lottery Syndicates Online
A syndicate is a group of people that pools their resources to maximize their chances. BigFatLotto.com clearly identifies how many people are involved in each syndicate. It means you have many more chances to win I a lottery at the same time you do share any winnings with your group.
How Does BigFatLottos Work?
You first select a game and then choose from the available syndicates displayed. There are options to join a syndicate for a specific lottery, like US Powerball or El Gordo, or Jackpot Powerplay, which includes EuroMillions, SuperEnalotto, UK Lotto and the UK Millionaire Raffle.
Your Syndicate at BigFatLottos.com
You don’t actually choose the ticket lines at BigFatLottos.com. Instead, the lottery ticket lines are already put together. You just choose which syndicate you want to participate in. The player advantage is in the number of tickets each syndicate purchases offering more chances to win.
Money and BigFatLottos.com
Each syndicate has a different amount of people so your share can range from 1/50th to 1/210th. You also have the option to buy more shares. British Pounds is the currency used by BigFatLottos.com for all transactions, for paying for your entry and receiving your winnings. The least expensive syndicate entry is the UK Lotto with a minimum buy-in of £5 per draw.
What Does BigFatLottos Offer?
This company offers syndicates in UK Lotto, Irish Lotto, EuroMillions, Italy’s SuperEnalotto and Spain’s Superdraw, including El Gordo and the popular US Mega Millions and Powerball lotteries. You simply choose the game you want and the number of syndicate shares. These games are offered as a subscription which means you won’t miss a lottery, especially one of those big mega jackpots…
BigFatLottos.com Customer Support
Bigfatlottos.com offers customer telephone support during normal business hours from 9 a.m. to 5 p.m. GMT and also via snail mail. It also offers live chat though I wonder what they will replace the Christmas hat with after the season. It also has a presence on Facebook, Twitter, and Google+ which might offer a chance to talk to other people participating in their syndicates. Prize information, draw numbers, and odds are displayed, although a more detailed FAQ section.
The BigFatLotto’s Site
It’s fun, simple to navigate, and clearly laid out. Special offers are clearly signposted and the purchase process is reasonably simple.
BigFatLottos.com – Honesty and Reliability
The site is licensed and regulated in the Isle of Man, one of the best-regarded jurisdictions for betting and gaming, and it also clearly displays membership of the UK Lotteries Council and the IBAS adjudication service. The Comodo encryption and monitoring service used is also one of the industry’s best, so you should have no concerns over the security of your personal info. We have no reason to believe that you will not receive 100% of any syndicate winnings.
The Bottom Line on BigFatLottos.com
The site is fairly user-friendly and syndicates do increase your odds of winning although you receive only a percentage of that jackpot based on the number of your shares in the syndicate.
Pros:
User-Friendly and simple to use
Syndicates mean more winning chances
Big Jackpots
Secure payment and customer support
Cons:
Syndicates mean sharing your winnings
No ability to play individual tickets
Customer Support only during business hours
Overall, we give BigFatLottos.com a qualified thumbs up. Most players also like to the option to play individual lotteries especially when those big mega jackpots start to build.
Some concerned members of The Players Lottery have been contacted recently by a high flyer in the now defunct VWD E-lottery who said that the same people are operating the new system.
For those that don’t already know, the Virtual World Direct E-lottery was closed down by the DTI some time ago after being closed down by Tom Brodie and Len Fitzgerald voluntarily in court to save them having to go through an unaffordable and unwinnable legal case in favour of leaving with little more than the web software used to operate an online lottery system (the one The Players Lottery now uses) and of course their mailing lists. For those who should know but don’t, Big Fat Lottos are yet ANOTHER fraudulent lottery company run by the same people.
During these heated conversations which were made privy to me recently, it also occured to one ex VWD affilate as to how their system was run and the reason why it was shut down. The DTI’s action confirms this if you choose to read into it further elsewhere.
It is clear that VWD were taking large affiliate contributions on a monthly basis and that these sums of money were then used to buy “tickets”. A self-created pool of tickets, using a simple payout system based not on lottery numbers, rather paying people for the amount of affiliates that they had in their network.
On the surface of it, this appears to be one and the same thing. Affiliates were being paid in either case, whether it was by a genuine lottery system (which the DTI thought it wasn’t), or whether affiliates were being paid a salary based on the amount of members in their respective groups. The more members, the bigger your salary.
So what is the difference?
A big one!
Paying affiliates a salary (from thousands of pounds, to a few pence per month) using a simple software-driven system that in it’s most basic terms, works like this (all numbers are made up purely to explain the point).
Monthly gross affiliate income £100000
Total number of affiliates: 2131
Number of tier 1 affiliates x, gross payout £20,000
Number of tier 2 affiliates x, gross payout £10,000
Number of tier 3 affiliates x, gross payout £2,000
and so on.
Total cash left: £38,452. > Deposit in VWD’s bank account for doing nothing more than taking your money in the first place.
Now, a percentage of the total gross affiliate income is retained for the owners services rendered (taking your money and telling you via a database driven website that you are playing a game .. really you are!), and was then deposited in their Panama based bank account. It really doesn’t sound iffy does it!?
The point?
Simple! VWD never was a legitimate business and it was closed down. If the owners had thought it was legit, they would have wiped the floor with the DTI and would still be operating today, but they could not prove it, much less WANT to prove it and VWD was closed. One of the owners of VWD is no longer contactable anywhere by anyone. The other owner who still is contactable used to sell VHS tapes from market stalls, and this can be verified from his LinkedIn profile. That says something i think.
So. There was no legitimate business behind the VWD E-Lottery, that much is for certain, there is no e-lottery game being played as such, rather a flashy front for what is no more than a simple networked payout scheme which clearly misled all affiliates in the scheme and moreover, operated in a fashion that was not legal.
The lottery product did not exist. Think about that.
Now, The Players Lottery.
Their system is exactly the same except for two notable differences.
One is that you are no longer affilate in TPL, you simply join. And this is supposed to add credibility simply because VWD’s system was affiliate based.
Secondly, they have obtained an easy to get gambling license from The Isle of Man.
The bit that remains the same by and large is the VWD E-lottery methodology of taking your money, banking a percentage of it, and paying out the rest as a “salary” which is dependent on the amount of players you have in your group. The more you have the more you earn. The game they propose you are playing is just as non-existent and convoluted to interpret as their payout structure, as was the case with VWD’s which was proved to be mathematically flawed just before they were closed down.
Some ex-Elottery affiliates were foolish and/or greedy enough to get behind the new scheme, so, taking your hard earned money as well as your respect for the law into account it seems only logical to give The Players Lottery a very wide berth and invest your time elsewhere.
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