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Is Camelot getting greedy?

#1
I have just switched to playing the Irish lottery after Camelot announced it's 100% price hike in game prices, much better odds on the Irish game too.

I think Camelot are trying to take full advantage of the austerity situation in this country as they know that more and more people than ever now need cash.

It for those very reasons Camelot ....... your fired! :) Now you get nothing from me anymore.

I can see a huge serge in switch over to the Irish lottery as a result of this too.
 
P

Prefect

Guest
#3
From their site "The Saturday 19th January estimated Jackpot is 8 Million Euro."

Hardly worth the bother is it?
When the odds at 49,000,000 to 1 against. No. I can get away with wasting a quid occasionally but I'm not going to double the waste.

I had to laugh last weekend. There were 8 winners receiving £276,000 each. A tidy sum no doubt but I would have loved to have seen their faces when they found out. In any other week they would have won a couple of million at least when the 6 numbers came up.
 
#4
I'll still play the lottery but it'll be a choice between dropping out of the syndicate I'm in at work or not playing it on my own anymore. At the moment I do both, but won't be when the ticket price doubles.
 
#5
Don't see the problem myself.

The main jackpot which most of us don't have a hope in hell of winning will go up by a small amount.
The second and third prizes, which again most of us don't have a hope in hell of winning, will go down a bit.

The lower prizes, which all of us have a pretty good chance of getting our hands on, will go up quite a lot.
More than double with the lowest prize, which I get a hell of a lot more often than I get the 5 plus the bonus ball!

I'll be quite happy with a big jump in the prize I've got a good chance of winning, and don't really care about a prize that I'll never see.

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P

Prefect

Guest
#8
Don't see the problem myself.

The main jackpot which most of us don't have a hope in hell of winning will go up by a small amount.
The second and third prizes, which again most of us don't have a hope in hell of winning, will go down a bit.

The lower prizes, which all of us have a pretty good chance of getting our hands on, will go up quite a lot.
More than double with the lowest prize, which I get a hell of a lot more often than I get the 5 plus the bonus ball!

I'll be quite happy with a big jump in the prize I've got a good chance of winning, and don't really care about a prize that I'll never see.

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Today you gamble £1 and might win £10 for 3 balls. Under the new rules you will gamble £2 and might win £25. I can't see a massive benefit from the increased layout nad either £10 or £25 are hardly life changing. But I can see that the £104 I have wasted with no wins in 12 months would have been £208 wasted.
 
#9
What do you mean, 'getting' greedy.
A bit harsh perhaps?
(From their site)
Where the money goes

Camelot runs the most cost-efficient lottery in Europe, with around 4% of total revenue spent on operating costs. In the period up to March 2013, around 28% of total National Lottery revenue is expected to go to the Good Causes. Over the course of the third licence, over 50% of total National Lottery revenue is expected to be paid to winners in prizes, while 12% of total revenue is expected to be paid to the Government in Lottery Duty.

National Lottery retailers will earn 5% in sales commission for each draw-based game – and 6% commission on each National Lottery Scratchcard (Camelot’s retailers earn on average £8,531 per annum in lottery commission).
 
#11
A bit harsh perhaps?
(From their site)
Where the money goes

Camelot runs the most cost-efficient lottery in Europe, with around 4% of total revenue spent on operating costs. In the period up to March 2013, around 28% of total National Lottery revenue is expected to go to the Good Causes. Over the course of the third licence, over 50% of total National Lottery revenue is expected to be paid to winners in prizes, while 12% of total revenue is expected to be paid to the Government in Lottery Duty.

National Lottery retailers will earn 5% in sales commission for each draw-based game – and 6% commission on each National Lottery Scratchcard (Camelot’s retailers earn on average £8,531 per annum in lottery commission).
Have shares perhaps :)
 
#12
Played it once a week since day one zero wins the only time I had all the numbers was when I was a way and the frua decided to change my numbers very kind of her NOT,I will never forgive her.
 
#16
I've won a fair few tenners over the past 5 or 6 years and got £70 off the euromillions a while ago. I play it online so every now & again I'll get an email saying "News about your ticket!" to which I frantically log in to my lottery account to be told I've won £3, and so my fantasies of arriving in works car park in a helicopter and strutting in to the bosses office, chucking in my resignation and shitting on his desk are postponed for another week.
 
#17
They double the charge & say there will me more winners. Well I'm not a mathematical genius but I can't see how that works because the actual criteria for winning hasn't changed nor have the prizes doubled.
 
#18
Takings will drop, Camelot will switch back.

The lottery is a tax on those who don't understand statistics.
Before you sit back and attempt to appear smug because people play the lottery, some might argue for the sake of £1 a week it's probably worth the cost for however slim a chance to win more money than you would probably earn in your life.
 
#19
I have just switched to playing the Irish lottery after Camelot announced it's 100% price hike in game prices, much better odds on the Irish game too.

I think Camelot are trying to take full advantage of the austerity situation in this country as they know that more and more people than ever now need cash.

It for those very reasons Camelot ....... your fired! :) Now you get nothing from me anymore.

I can see a huge Serge in switch over to the Irish lottery as a result of this too.
What.s his name?
 
#20
They double the charge & say there will me more winners. Well I'm not a mathematical genius but I can't see how that works because the actual criteria for winning hasn't changed nor have the prizes doubled.
The prize for 3 balls will more than double, and the prize for 4 balls will rise considerably.

Considering that last saturday only 8 people won the jackpot (and that is a freakishly high number of jackpot winners in a oner)
845,945 people won the match 3 balls prize.
I don't understand the bit about more winners either, unless they're on about other little changes they're making not connected to the main draw* but for the huge majority of winners the prizes will more than double.



*There was something in the paper about a raffle on every draw with 20 people winning a nice pot of cash every time. I'm guessing something like the millionaire raffle on the Euro lottery

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