The National Lottery wants the Government to ban the practice of betting on National Lottery games in bookmakers and on betting apps.
It points to a new report carried out by consultants Indicon, which states that around €289 million euro in potential lottery sales has been diverted to bookmakers because of lottery betting, resulting in losses for smaller retailers and less money for Good Causes.
Oh! Well let’s say the payout for matching 4 numbers on the lotto is 20 euro, well the bookies will pay out like 23. They have tighter margins but they’re happy with it. They do run off the national lottery draw numbers too.