What is Lotto Betting?

27/07/2020

 

Most of us have had a go on the lottery and some of us will even be lucky enough to have won something from time to time, but have you ever encourage your traffic to try Lotto betting?

It’s the same thing, you might be thinking. Well, although it sounds the same they are some distinct differences that we are going to guide you through right here.

In a nutshell, lotto betting is making a bet on the result of the official lottery draw – specifically, which lottery balls/numbers will be drawn out in a particular draw.

All your players need to do is pick the numbers that they think will be drawn and if they guess correctly, they’ll win cash prizes.

The size of their prize will depend on the number of balls/numbers they guess correctly, with fixed odds for each number of balls they choose.

Isn’t Lotto Betting just the same as buying a ticket into the official lottery draw?

When it comes to choosing numbers, lotto betting may be very similar, but it’s important to remember that your players aren’t buying a lottery ticket in the official draw.

Lotto betting is conducted through independent companies, often bookmakers like Betfred Lotto, who are not connected in any way to the relevant lottery operator.

That means that any money they do win, is paid out by the company they placed their bet with, such as Betfred, and not the official lottery operator.

For example, let’s say your player chose to bet on the Spanish Lotto and correctly guessed all of the numbers that are drawn. Betfred would pay them the prize money depending on their fixed odds for that amount of numbers, and not the official Spanish lottery operator in Spain.

What Lotto draws can I bet on at Betfred?

Betfred have lots of different Lotto’s available to bet on and they’re usually top of the tree amongst the competition for value in the fixed odds they offer.

THE NIFTY FIFTY

Exclusive to Betfred, The Nifty Fifty is the industries newest addition to the world of lotto and numbers betting.

With The Nifty Fifty your player can choose to bet on correctly matching between one and five numbers with three draws taking place each day at 11:30am, 2:30pm and 6:30pm and every draw filmed live from the in-house Betfred studios.

They can bet on the outcome of the six-ball draw or include the bonus ball to make it seven. Match two numbers in the six-ball draw for odds of 70/1, three balls at 800/1 or five for a whopping 200,000/1.

Just remember to remind them to check out Betfred’s lotto results page to see if they’re a winner.

IRISH LOTTO

The Irish Lotto was first introduced over 25 years ago and broadcasted live in Ireland on RTE (Irish version of ITV).

Irish Lotto takes place every Wednesday and Saturday at 8pm, but because it’s drawn in Ireland, all bets with Betfred must be placed by 7.45pm.

Every Wednesday and Saturday there are 3 draws to bet on and your players can choose from numbers 1-47. They can pick from numbers 1-47 and select to match 1,2,3,4 or 5 numbers.

Pick 3 numbers and match 3 numbers returns £700 for just a £1 stake in the six ball draw.

49’s

The 49’s is a twice-daily draw that takes place at Lunchtime (12.49pm) and Teatime (5.49pm) every day (4.49pm in Autumn/Winter).

Your players can bet on 1 to 5 numbers from the 49 in each draw. 6 numbers and a “booster ball” are drawn and they can select to play either the 6 number or 7 number draw (which includes the booster ball to increase their chances of winning).

Pick 3 numbers and match 3 numbers returns £440 for a £1 stake.

DAILY MILLION

The Daily Million draw takes place every night of the week and the draw time is 9pm.

Between 1 and 5 numbers can be selected from numbers 1-39 and if all of the numbers they choose are drawn, they are a winner.

Pick 3 numbers and match 3 numbers returns £376 for a £1 stake.

SPANISH LOTTO

The Spanish Lotto is based on Spain’s Lotto draw and is available to bet on every Thursday and Saturday and bets must be placed by 7.30pm.

Your players can pick from numbers 1-49 and select to match 1,2,3,4 or 5 numbers. Pick 3 numbers and match 3 numbers returns £700 from just a £1 stake.

NEW YORK LOTTO

The New York lotto draw takes place every Wednesday and Saturday and bets need to be placed by 10pm.

Select from numbers 1-59 and from 1-5 numbers to bet on. Pick 3 numbers and match 3 returns a massive £1001 for just a £1 stake!

GERMAN LOTTO

Based on the German Lotto draw. It takes place every Wednesday and Saturday and bets need to be placed by 4.15pm.

Select from numbers 1-49 and from 1-5 numbers to bet on. Pick 3 numbers and match 3 returns a massive £701 for just a £1 stake (6 number draw only).

GREEK LOTTO

The Greek Lotto place every Wednesday and Saturday and bets need to be placed by 6pm. Select from numbers 1-49 and from 1-5 numbers to bet on. Pick 3 numbers and match 3 returns a massive £701 for just a £1 stake (6 number draw only).

CANADIAN LOTTO

This is based on the Canadian Lotto draw, which takes place every Thursday and Sunday at 2am and bets need to be placed at Betfred up to an hour before each draw.

Select from numbers 1-49 and from 1-5 numbers to bet on. Pick 3 numbers and match 3 returns a massive £701 for just a £1 stake!

AUSTRALIAN LOTTO

The Australian Lotto draw happens every Saturday at 11:00am and bets need to be placed by 8:30am. Select from numbers 1-45 and from 1-5 numbers to bet on. Pick 3 numbers and match 3 returns a massive £611 for just a £1 stake (6 number draw only).

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