Lotto500.com

Lotto500.com

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Lotto500 Exposed — 500 Reasons Not to Play Lotteries

Lotto500 Review

Would you take an online lottery provider serious if you saw {websiteName} throughout their terms and conditions? I wanted to ask Lotto500.com about this and other questions that came up but with only an online form to complete, it was a little difficult. I’m still waiting for answers. This is with an advertisement of 24/7 customer care. I almost stopped right there, but decided I’d see just how weird these guys are.

The Games at Lotto500.com

Lotto500 offers players 12 lotteries to play online, including the usual mega lotteries of US Powerball and EuroMillions plus Brazil’s Mega-Sena, Florida Lotto and two of the Australian lotteries. Players can choose to play one ticket line for one draw or more. There is a choice to opt for a subscription from 1, 2, 4, 8 and 52 weeks. To opt out, you simply notify by 23:59 the day before it runs out. The only problem is I’m not sure how to notify them – more on that shortly. There are no refunds. They do say they purchase lottery tickets locally, but also use the word bet and refer to potentially an insurer in the terms and conditions.

Lotto500’s Syndicates

Looking at the share ratio to tickets for Lotto500’s syndicates, you probably will go elsewhere. Their US Combi 82 for US Mega Millions and Powerball has 41 lines splitting any winnings between 93 shares. The lottery lines are based on one set of ticket numbers and all the different combinations of bonuses. The US Lottos Combo for Mega Millions and Powerball is a little better at 100 ticket lines with 135 shares. That one also has a combination of different ticket lines. The VIP 500 combo for EuroMillions, EuroJackpot and the two big US lotteries has 80 lines for 500 shares and uses different ticket lines. Hang on – the ratio is actually worse as the tickets are split over the amount of draws that week, so for the US Combi 82, you actually only have 15 tickets for Mega Millions and 26 ticket lines for each draw that week.

Lotto500.com and Winning

To withdraw your winnings you send a withdrawal request that can take 2 to 5 business days to process. Add to that they say that it could take 10 to 15 business days to get to you. Okay, then it got darn right funny. In their terms and conditions Lotto500 says “For any financial inquiries please e-mail: [email protected]{websiteName}”. Well, that’s not going to work. There is also a minimum amount of €50 for any withdrawal. Oh, and again in the terms and conditions winnings are paid “fewer costs associated with claiming the winnings”. I think they mean they take the costs of claiming your winnings off the top before you get them.

Getting in Touch with Lotto500

The customer service is only available through a snail mail address and an online form. Lotto500 is owned by BCM Statistics Ltd. with a London, United Kingdom address. It looks like a mail drop as there is a heap of companies that use that address.

Would you mind rating Lotto500.com?

Lotto500.com and the Bottom Line

With their terms and conditions scatter with {websiteName} and [email protected]{websiteName} I’m definitely not going to play here. Add to that there are no phone numbers and they don’t seem to answer questions through their online form, I’m definitely not going to share my personal details and credit card information.

Pros:

12 International Lotteries

Cons:

What are the Costs of Claiming my Winnings?

Lousy Syndicate Ratio

Definitely not 24/7 Customer Support

Lotto500 definitely gets a thumb’s down, especially when it comes to syndicates never mind their limited communication methods. Okay, there weren’t 500 reasons not to play lotteries here, but there was enough to go elsewhere!

Overall rating for Lotto500.com: 0.0 from 0-5
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