Home > Lotto Losers Stories > Better Luck Next Time.. Syndicates – More Chances To Win! (RIGHT)

Better Luck Next Time.. Syndicates – More Chances To Win! (RIGHT)

It’s such a false economy and a wholesale scam in many ways; the company (Tatts) does everything it can to minimize the reality of losing and maximize the promise of winning. I personally think it is manipulative, misleading and intentionally destructive. On a winning ticket the retail tatts machine will “sing” and print a huge “WINNER!” across your ticket, however if you loose it makes no sound whatsoever. It used to say “Better Luck Next Time”; an attempt at a positive affirmation to keep you gambling instead of the obvious opposite of WINNER! which is “LOSER!”. I’ve noticed now they’ve even reduced that so a losing ticket simply gets a discrete “x” on it near the bottom (check it out!)

On the online Tatts system, once a draw closes the status of tickets in your history changes to “Closed”. Any tickets that win change to “Won!” but the losing tickets simply remain “Closed”. How dishonest.

As for syndicates – I was in a regular syndicate played for *every* super draw over the last two years. 10 shares in the syndicate, each cost $178. Out of 16 draws this ticket has won once – about $60. Put that into context – $2,848 in tickets, $60 back. “More chances of winning”. RIGHT…. but here’s the horrifying reality; if you played that syndicate game alone, you’d be paying $1,780 per ticket. That means you would have spent $28,480 in System entries, and won a grand total of $600 back. WINNING.

A local newsagent runs about 30 syndicates – ranging from $50 to $1288 a share (that’s right, tickets costing $128,800 each across 10 shares). If you want a reality check about Tatts, go in the following day and find out how many of those syndicates paid out.

Here’s the reality: playing MORE, going in syndicates or System entries in general, and spending MORE, greatly increases your chances of LOSING MORE MONEY … WAY more than it increases your chances of winning. So the correct terminology is “More Chances To Lose More Money”.

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Categories: Lotto Losers Stories
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