Lottofy Exposed — A Regulated Entity with a Good Selection of Games
Who would you turn to when you need information about an online lottery agency? That’s right – we’re the team for the job. And since we came across Lottofy recently, we decided to check out their services and compare them to others.
The Lottofy website is bright and colorful without being overly distracting. The website offers a solution similar to many others – a chance to play lottery games that may be carried out in a country that you’re not a citizen of.
Such services, however, come with their cost, convenience, and complications. Today, we will take a look at all three of those (and at some additional things) to determine if lottofy.com is legit and worth giving a try.
Games at Lottofy.com
Let’s start with the game selection first.
Lottofy allows players to buy tickets for some of the most popular international lotteries. The selection right now consists of 12 international lotteries – Powerball and Mega Millions from the US; EuroMillions, Superenalotto, Lotto 6 Aus 49 and Eurojackpot from Europe; Bonoloto, La Primitiva, El Gordo, La Quiniela and National Lottery from Spain; and finally Mega Sena from Brazil.
For all these lotteries, it is possible to choose between several game modalities, which is a point in favor of the site.
You can place single bets by completing each ticket individually, but it is also possible to join groups or syndicates to play with other players, as well as to join the so-called “funds”. Funds are a rather novel gaming option offered by Lottofy: when you buy your bet, you have the option to share it with a fund, where all participating players share 50% of the prizes they win. This is a fairly simple way to share several bets.
Another highlight is the option to play multiple bets, where they offer the option to use “super formulas”. According to what they explain, the super formula optimizes the multiple bets by reducing the number of possible combinations, but maintaining minimum winning percentages in the event that the winning combination is among all the numbers chosen in the multiple bets. It is a more economical way of playing multiple bets that can be very attractive for players accustomed to this modality.
Let’s move on to the lottery ticket prices. Here’s how a single ticket’s price compares to the actual cost of getting the lucky payslip in the respective country. Let’s take Lotto 6 Aus 49 from Germany as an example. In the country, a ticket will cost you 1.20 Euros. If you buy an individual ticket through Lottofy.com, you’ll have to spend the same amount. Now, that’s a nice surprise!
Since we haven’t come across such a pricing policy before, we checked out Mega Sena as a second example. If you buy it on your own, the ticket will cost you 1.5 Euros. Through Lottofy, the cost of one ticket is the same. Wow! Where’s the catch?
As far as we could tell, there isn’t one. There are bundles and additional ticket-buying opportunities that prove to be even more affordable than individual tickets.
Are you feeling lucky? Well, you should be, because Lottofy has an exclusive offer that you won’t want to miss! For a limited time only, when you buy one bet, you’ll get not one, not two, but THREE bets instead!
Lottofy and Claiming Your Prizes
Going through the terms and conditions, one can better understand the type of services offered by Lottofy:
“We operate as a bookmaker that allows you to place bets on the result of Lotteries Origin of different jurisdictions. To pay out all winnings of successful bets, we do so through our own funds, or we can contract financial instruments (such as insurance policies) in order to cover the payouts, the Grand Prizes.
In some cases, we can buy the actual tickets in the Source Lottery. In the event that your bet is winning, we may need your help to claim the Source Lottery prize. In this case, you agree to give us the necessary help to claim the Grand Prize.”
Therefore, it is clear that Lottofy alternatively offers two different types of services: one of them is betting against the lottery results and not actually buying a ticket for it; in the second case, you can get a real ticket that will be purchased by Lottofy on your behalf.
However, when placing a bet it is not very clear which of the two services is being offered at the moment: whether you are placing a bet on the outcome of the lottery, or whether you are buying a real ticket to participate in the lottery.
What is the difference between these two cases? Actually, for the player, there is very little difference, since in both cases he/she will be participating to win the prize announced by the lottery he/she is playing.
However, the main difference lies in the collection of the prizes in the case of winning any of them. Generally, collecting a prize won by betting is easier, since it can be made directly to the player’s account without having to travel to claim the prize in the country of the lottery, which may be necessary with big jackpots. However, as Lottofy makes clear in the above terms and conditions, in the case of prizes won by ticket purchase, depending on the amount of the prize it is often necessary for the winner to claim the prize in person, and, in addition, other taxes and fees may apply.
Another major difference is usually the price difference between placing a bet or buying a real ticket. Betting is usually much cheaper and allows for discount offers to players.
This explains why Lottofy’s prices are so affordable: in most cases, Lottofy is NOT buying a ticket for you but allows you to place a bet on the outcome of the draw. However, it is still not entirely clear in which cases the purchase of tickets is used, and it is necessary to consult the customer service team to be sure. So, this is a point to be improved in order to provide greater transparency to the user.
Now that we have clarity on this issue, we can move forward to the topic of claiming prizes on Lottofy.
Prize claim procedures are pretty standard and straightforward. Most prizes won (except in the case of a jackpot claim by ticket, which requires other procedures) are paid directly to the player’s account. It’s up to you to decide next whether you’re going to withdraw the money or keep on buying additional “tickets.” The deadlines for depositing the balance in the player’s account, as well as the requirements for requesting a withdrawal, are standard for this type of service.
Who Can Play at Lottofy.com?
Lottofy’s website is available in several languages (Spanish, English, Portuguese, French, Italian, and German) and also works in 17 of the main currencies available. They also have several payment methods available, both international and local, so you are likely to find one that works for you.
However, this does not mean that you can use Lottofy’s services from anywhere in the world. Unfortunately, according to their terms and conditions, there are a total of 41 territories from which it is not possible to access the website.
In addition, it is specified that in order to create an account, it is necessary to be at least 18 years of age (or the legal age for gambling in the country of residence) and to have a bank account, credit or debit card or, failing that, an approved alternative payment method.
Is Lottofy Legit and Who’s Behind It?
Although the type of services (purchase of official tickets vs. betting on the outcome of the draws) may seem a bit strange to those who do not know much about the subject, the truth is that Lottofy is not doing anything illegal or not allowed. They have every right to offer bets instead of lottery tickets. In fact, for many knowledgeable players, betting on results is preferable because of the benefits listed above.
So, who’s behind the project?
According to Lottofy’s website, the entity that operates it is called Clobet Limited. The company is registered in Malta, and the Malta Gaming Authority (MGA) regulates it. The site shows the license number granted by the MGA, which can be verified on the regulator’s website.
Other Bits and Pieces
We attempted to find Lottofy reviews written by actual users of the service.
The platform has several social networks (Facebook, Twitter, Instagram, Linkedin, and Youtube). Although they have a pretty decent community of followers for this type of site, and post content regularly, we have not been able to find many comments from their followers about their experiences on Lottofy.
However, we have reviewed Lottofy’s profile on Trustpilot, where you can verify that they do have a score of 4.4/5 based on a total of 124 reviews. The majority of the reviews, positively rate the ease of playing and navigating the site, as well as the customer support. However, the main complaint of some players is the lack of some additional payment methods in certain countries.
As far as customer service is concerned, it is possible to get in touch from anywhere in the world via chat or e-mail. However, one point to improve is that they only have a contact telephone number in Malta, which limits the possibilities of contacting them from some parts of the world.
Other than that, we didn’t find anything else troubling in the terms and conditions and the other documentation on the website. There’s a complex calculation of how prizes are calculated and what’s being paid out to players. Do look at these stipulations. They’re very important and will help you decide if you want to sign up at all.
Why You Should Register with Lottofy
A regulated entity operates the website
A good selection of international lotteries
Affordable ticket prices
Discounts on the purchase of several tickets and an exclusive promotions section
Variety of game modalities (groups, syndicates, funds, multiple bets, etc.)
A straightforward prize claim procedure
Available in multiple languages and currencies
Variety of payment methods
Why You Shouldn’t Register with Lottofy
If your intention is to buy an official lottery ticket, you must take into account that, in most cases, Lottofy isn’t buying tickets on your behalf; it’s letting you bet on results. We recommend consulting the customer service team before making a purchase if you have any doubts about it
Not available in at least 41 territories
Some quite popular international lotteries are missing
Is Lottofy Legit?
Yes, Lottofy is a legitimate site as it offers a perfectly valid service in the countries where it is available and, furthermore, it is licensed by an internationally recognized regulatory entity.
The platform offers several benefits to its users: cheap prices, discounts, various betting modalities, etc. However, before registering you must be clear that, in most cases, you will not be buying tickets to play in the lotteries, but you will be placing a bet on the results. This is not necessarily something negative, since many times this second modality has more benefits when playing lotteries from other countries.
Whether or not you should play at Lottofy completely depends on what you are looking for. If you are looking for a reliable and regulated website with low prices, a friendly interface, and multiple game modes, then it is probably the right place.
It is one of the best lottery sites in the world that enjoys credibility and ease. I tried it two years ago and it is the best in the world.
Great opportunity to play different lotteries at the most affordable price
As a new player, I like Lottofy, there are good prices for lotteries, a convenient site. I hope with their help I will become a millionaire!!
It seems to me a page with good options to participate and the means of payment are quite adaptable
S. M .A.
LOTTOFY well organized, excellent service and very helpful staff.
Really best site ever to play.
I am so appreciated for the great service.