How to win €25 000 000

rainmaker

I'm not a penguin
Joined
Dec 28, 2010
Location
-
Well...easy. Just buy a €2 lottery ticket at eurolotto.com :)

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I have never played lotto and I will never play it. I would not recommend anybody to play it either.

Eurolotto is a new thing as to my acknowledge. I just got a bit curios, so I wanted to know more about their ownership structure. Eurolotto is owned by EuroSlots Limited. EuroSlots is owned by the Swedish company Cherryföretagen AB (Cherry). This is information that are available at their homepage.

Cherry have strong connections to Betsson and of course Cherry Casino and Play Cherry. Also to the Norwegian "Norgesautomaten", the Swedish "Sverigeautomaten" and the Danish "Danmarksautomaten". As many of you probably know, Betsson was earlier named Cherry. NetEnt was also a part of Cherry, before they was separated.

I did some more searches and the biggest shareholder in Cherry, is also the biggest shareholder in Net Entertainment (NetEnt). He is also a board member in Cherry.

Some of the ownership structures in the gambling industry is really confusing. A company like Cherry has multiple holdings companies witch again owns multiply operation companies.

The thing I'm a bit concerned about, is when casino providers are owned by companies that also owns the casinos. I would rather see that the providers of games was independent of the casino. Just my opinion.

Lot of inbreeding in the gambling industry.

Anyway...Who who want to play some lotto ? :)
 
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Setsuna

Experienced Member
PABnoaccred
Joined
Apr 12, 2008
Location
Earth
Made some quick RTP calculations - should I be correct, around 73.33% (but actually worse since the jackpot is paid as an annuity, should you consider the "true" cash value of the €25M JP, that would be more likely to be around ~55%)

I'd rather play EuroMillions than this :rolleyes:
 

rainmaker

I'm not a penguin
Joined
Dec 28, 2010
Location
-
Made some quick RTP calculations - should I be correct, around 73.33% (but actually worse since the jackpot is paid as an annuity, should you consider the "true" cash value of the €25M JP, that would be more likely to be around ~55%)

I'd rather play EuroMillions than this :rolleyes:

The Jackpot is paid over 30 years.

If I follow the CPI (consumer price index) for Norway over the last 30 years, then 100,- 2010 Norwegian Kroner is the same as 29,- 1980 Norwegian Kroner.

So yes, you are correct. The real value of the JP is much less because of the inflation. If we assume a similar development :)


(if they do not regulate for inflation)
 

colly

Senior Member
PABnononaccred
PABaccred2
MM
Joined
Mar 27, 2001
Location
sydney
Why enter

According to my emails I regularly win lottos and prize draws I didn't even no I entered - this week I have appx 36million pounds in unclaimed prizes.

I would make the claims except I am to busy filing out the forms for all the money I am told I have inherited:rolleyes:
 

PlexRep

Dormant account
Joined
Oct 25, 2010
Location
Malta
Thanks for reminding me to check my ticket from yesterdays draw :)

Unfortunately my two lines of quick pick didn't even result in a single number matching :(

Oh well... back to the grindstone....
 

Nate

Paleo Meister (means really, really old)
webmeister
CAG
Joined
Feb 14, 2007
Location
Cyberspace
Why enter

According to my emails I regularly win lottos and prize draws I didn't even no I entered - this week I have appx 36million pounds in unclaimed prizes.

I would make the claims except I am to busy filing out the forms for all the money I am told I have inherited:rolleyes:

lol.... Don't forget that in order to claim you must pay your agent and his lawyer fees up-front. Once you have gotten the money, buy a cheap licence where Gaming Regulation is at a MINIMUM (Or non-existant) and open up your own Clip Joint.

Nate:thumbsup:
 

rainmaker

I'm not a penguin
Joined
Dec 28, 2010
Location
-
Thanks for reminding me to check my ticket from yesterdays draw :)

Unfortunately my two lines of quick pick didn't even result in a single number matching :(

Oh well... back to the grindstone....

Well, that's what I do. Im the guy that is making sure people check their lotto tickets :rolleyes:
 

ergopro

Experienced Member
PABnononaccred
Joined
Apr 29, 2004
Eurolotto="rebranded" PlayOtto?
License belongs to Otto Malta Limited.
At least the games are supplied by Otto Malta.
 

rainmaker

I'm not a penguin
Joined
Dec 28, 2010
Location
-
Eurolotto="rebranded" PlayOtto?
License belongs to Otto Malta Limited.
At least the games are supplied by Otto Malta.

I looked it up, and EuroLotto is also powered by Otto Malta. I would think they have a chained jackpot, but are owned by to different holding companies.

Or they might have the same owner, but I could not see any connections. But these companies are hidding behind so many holding/operating companies so who would know. They probably don`t even know themself :rolleyes:
 
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