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Lottery gambling from all over the world at an online casino

By mr-gambling on 2014-11-26 15:17:56

The lottery companies these days are trying to encourage us to carry out lottery gambling online by buying tickets in advance and this will suit many people but online casinos have been offering lottery gambling for a long time and what is more it is not just your local Irish lottery or UK lottery on which you can place bets. Your chosen online casino will have a good selection of lotteries from which to choose and because they are from all over the world they can be different days of the week and different times of the day but there is a difference between a normal lottery ticket which has been bought online from the lottery company and gambling on lotteries from across the globe at an online casino and it affects your winnings. When gambling on the lottery in your own country the prize you receive will not only depend on how many numbers you get correct but also on the number of people with winning tickets and the size of the prize pool which is a function of the number of people that have entered. Lottery gambling at online casinos however is what is called fixed odds lottery gambling which means that for any given online lottery the odds of getting a winning line  of 3, 4 , 5 or 6 numbers is quoted and your winnings is simply a multiple of your stake regardless of how many winners there are. In a way this is similar to Keno gambling but of course the big difference there is that the numbers are drawn by the online casino software whereas when gambling on a lottery the winning numbers are what is drawn in that lottery. Lottery gambling in this way is very popular as the online casino cannot affect the outcome of the numbers as they are published and whether or not the odds are better depends on the number of winners in the lottery itself.