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Get Lucky! Scoring a Lottery Merchant Account Offshore Part 2

 

Get Lucky! Scoring a Lottery Merchant Account Offshore Part 2
by Gerri Bryce

 

A Tale from Texas

It's not easy being deployed in Iraq, U.S. servicemen would say. Really! Who's kidding nobody? But it makes all the sacrifices easier when by the time a soldier comes home, he's got US$200,000 waiting for him in his native land. That's how lucky Sergeant Bethurel Griffin got. Before leaving Texas back in 2006, he joined a lottery syndicate and made a bet on the US$12 Million Texas Lotto jackpot. Now he's not only a walking epitome of luck, he's also a pride of his nation.

Now I'm from Texas and so I couldn't help but pinpoint this particular story of luck for simple reasons. What if Sgt. Griffin was in Iraq and made a bet in the Texas lottery and won? Would he have gotten the prize? If you are aware of the FTC regulations when it comes to online betting, especially in lottery, the answer is simple: No. Not only will Sgt. Griffin be allowed to buy the lottery tickets, he won't get his prize too. The FTC requires local lottery ticket retailers to sell only within the state boundaries. Selling and buying lottery tickets through mail, phone and Internet is considered illegal in the U.S.

 

Virtual Gibraltar

But if Sgt. Griffin had forgotten to make that bet before leaving Texas, and still thought his luck cannot be contained anymore, he could still have made a stake at a lottery prize offshore. Now I won't corrupt Sgt. Griffin's civilian duties while overseas. I'll look at it from the perspective of the common guy. What if some dude named Luke wanted to play at Gibraltar Casino but didn't have enough money to buy plane tickets, pay for hotel accommodations, and pull out some cash for the buffet meals? Not to mention spend time taking out some British ladies to dinner?

I guess there's no better way to do it than to go check out the online casino and play the exact same games they play at Gibraltar. Roulette, Texas Holdem, baccarat, Black Jack, slots.

The same situation happens with lottery players who cannot travel overseas to play at international super jackpot games. It may be in Australia, in Britain, or elsewhere in Europe and the Caribbean. Instead of having to pack stuff, pay for flights and the whole shebang, they can just find a good online lottery website, wager for a slight fee, and get lucky.


There's Money in Lottery! Uhh...

Some e-lottery merchants would even offer membership/business opportunities for those who wish to make money on the affiliate scheme. To each his own. We know lottery, both local and international, is making oodles of money these days. The profit is always there. If you decide to join one, there are tons of opportunities online.

Still a lot of would-be moneymakers in the lottery business are a little wary and uneducated in this venture. Questions like "How do I begin?" "How do I keep my business going?" "What are the likely problems that I will encounter along the way?" The answers are pretty much straightforward. Lottery ticket sellers definitely begin their business with the help of a credit card processing system or reliable high risk merchant account services. For buyers, caution is advisable before buying lottery tickets online. Make research on which lottery websites are dependable. For sellers, a good anti-fraud system, along with e-commerce tools, is a total must. This is the only way to prevent credit card identity theft and potential chargebacks.

 

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