Will The UK Government Ban Lottery Betting?
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It is a hugely popular past time in the UK with more and more people enjoying a fixed odds lotto bet. However there are some rumours circulating that the UK government may be about to stop the fun. UK betting companies have already been stopped from taking bets on the National Lottery and EuroMillions draws. The generally understood reason for this ban was to stop the massive surge of customers starting to bet on the lottery rather than buy a ticket. The lottery operator argued that this could see funds directed away from good causes (and obviously eat into their profits!).
Why were so many customers opting to bet on the lotto rather than buy a ticket?
Well as the bookmakers aren't required to give to good causes, they can offer incredible pay outs. For example with Betfred, you can win £700 from a winning bet on 3 numbers on the Irish Lotto! There is now some evidence that the UK government might try and stop customers from betting on these international lotteries. This could include the hugely popular Irish Lotto and the Spanish whopper, El Gordo. The UK Daily Mirror Online reported that Sports minister Tracey Crouch will consider bringing in new laws to stop them should this market grow. She said:
" This is a potential growth market for gambling operators. There is a danger good cause returns could decrease. "These bets are contrary to the spirit and intention of the prohibition in the Gambling Act."
What is the ComparetheLotto.com Verdict?
- Our solution is the UK government should allow consumers to have the choice but should perhaps engage with betting companies to get contributions to good causes.
- Like all good tabloid newspapers, the Daily Mirror are being completely hypocritical in slamming 'greedy bookmakers' as they are constantly advertising Lottoland!
- UK betting customers can still actually bet on 1-5 numbers on UK National Lottery and EuroMillions through the Irish operator BoyleSports Lotto. The great news for UK customers is that if you open a new account through ComparetheLotto.com you’ll benefit from an incredible free bet welcome offer. (Bet £10 and Get £10 in Free Bets).
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