Sport Club

The Winner Takes It All

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Is there no middle ground between a sportsman bet and betting? Does it all have to be winner takes all?

The National Lotteries are very popular wherever in the world they have been started. The United Kingdom’s own is operated by the Camelot Group. The licence was granted to them in 1994, 2001 and again in 2007. It is regulated by the National Commission and was established by the British Prime Minister, John Major. It is one of the most popular forms of gambling in the United Kingdom and winners are big news and sensationalised by the media.

All the prizes won are tax-free and paid in lump sum, and for every pound spent by people buying a lottery ticket, fifty pence goes to the prize fund, twenty eight pence goes to good causes – as stipulated by Parliament.

Some of the money which goes to government however is considered as stealth tax by some. Money levied to support the big Lottery fund. Twelve pence is paid to the British Government as duty, and five pence goes to retailers as commission.

Camelot receives 4.5 pence to cover operating costs and 0.5p profit.

The percentage of the money that goes to each group recently changed since the price for the tickets went up by fifty pence.

Although the national Lottery returns a higher percentage of revenue back to society than any other lottery, there is perhaps more that can be done to distribute more of the money won across the population.

One single person winning 35 million, such as in the case of Angela Kelly, the royal mail worker from East Kilbride in Scotland is perhaps too much…

Looking at ways to make more people happy by increasing the number of small prizes, and reducing the big one, might be a better option. Another option which might prove very popular is a loyalty card for people who have played the lottery consistently for at least a decade.

They could perhaps be entered for another draw with substantial winnings. Still, something like NFL betting odds is a better choice, if you want a better chance of winning.

If you do not live in the States, but have family you can trust out there, placing a bet on the super bowl odds might be another good way of spreading your chances of winning a bet this year.

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