LottoStar24 Exposed — Who Is the Insurer?
Do you like the idea of betting on international lotteries versus actually purchasing tickets? I’m still a bit on the fence on this one. I was looking at LottoStar24.com and it got me thinking about the ability to be a bit more creative in how players can win does make betting more interesting. At the same time, LottoStar 24 only offers betting on three lotteries. I really had to go have a better look.
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Games at LottoStar24.com
LottoStar24 offers players the opportunity to bet on three international lotteries: EuroMillions, US Powerball, and Germany’s Lotto 6aus49. For EuroMillions and US Powerball it is straightforward with players either choosing their favorite ticket line or using a quick pick. There are options for playing one or more tickets, subscriptions are charged weekly until canceled. Multi-draw options range from 1 to 8 weeks, including a choice of playing weekly both games or either game. There is a minimum of €10 to bet on any lottery.
And What About Lotto 6aus49?
Germany’s Lotto 6aus49 is a little different. Pick your regular ticket lines or use quick pick and you’re betting on that game. Towards the bottom, there is an auto “Play and win with additional lotteries”. This uses the numbers from 6aus49 plus the bonus to play Spiel77 and the last six numbers to play Superzahl (Super 6). It does add 7 additional profit tiers for the Spiel77 and 6 tiers for Super 6 – of course, it costs more money. The weird thing is in their terms and conditions infer that you’ll be using your chosen ticket numbers but on the order form it stays static suggesting that the number that is shown there is the ticket number for the two additional games.
Winnings at LottoStar24.com
It looks like what you win on betting is the same amount as offered by the regularly published lotteries and deposited directly in your account – well mostly. If you win €500,000 or more, you’ve got to go to Malta to collect it in person. Winnings under €500,000 take 3 to 4 days to get to your bank account. Winnings can be used to lay more bets or transferred to your bank account. Ah, and if a player doesn’t submit the correct documents within twelve weeks of starting the claim, you don’t get your money.
How Do They Do It?
LottoStar24.com uses an insurance company to guarantee bets. The only thing is there is no information on their site on who this is. Add to this in their terms and conditions, the actual winning sum could be “reduced” if the insurance company has to pay out to multiple winners.
Who Is LottoStar24.com?
LottoStar24 is owned by Lottostarlet Limited, a company out of Malta. It looks like they have a bunch of different sites for playing the same games the same way. There is a snail mail and email address plus a phone number. They do have an auto-confirm receipt when submitting a question by email but they don’t seem to get around to answering them.
Why You Should Register with LottoStar24
6aus49’s Added Play
Betting versus Buying Lottery Tickets
Why You Shouldn’t Register with LottoStar24
Who is the Insurer?
Only 3 Lotteries
Poor Customer Service
Is LottoStar24 Legit?
Okay, I agree that the 6aus49 lottery combo is different and not something that a standard online lottery provider could offer. At the same time, there are a lot of other things that LottoStar24 does not offer that would make me look elsewhere – even if I was into betting on lotteries. There is no information on whether they take commission, who their insurer is, and that how business about not getting the paperwork correct within twelve weeks really put me off.
This site gets a thumb’s down partly for the simple fact that they do not answer emails. I mean seriously. It wasn’t that hard a question!
Big scam you can’t win a jackpot, you must buy the physical ticket there is no guarantee if you win they will give you the money, big bullshit website big big scam…
best lottery site I have withdrawn 400€ so far from the site
Cannot pay and cannot play, so hard, please don’t waste your time, big scam
So far, so good, but I still don’t quite understand this concept of betting on the numbers as opposed to getting a ticket with said numbers. So, what happens if, say, I hit all 6 numbers on the Powerball ticket I placed a bet on and win and the jackpot is $100,000,000 and yes, I am the only winner. Is an insurance company going to pay me the $100,000,000? It just doesn’t make sense.
Truong Duc Thanh
cheap price, easy to play, clear website. but I don’t how they paid Prize Jackpot.
I want to test withdraw a few money. but don’t win any prize to withdraw. hope that, I have a chance