Camelot: Damn Cheek to make more profit
 

http://news.sky.com/story/1149621/na...e-doubles-to-2

They have lost me as a customer, all this is, is to make Camelot more money.

If Camelot gave more of this money to more charity causes, instead of giving money for the Olympics. Then l think you would get more customers.

If other companies can maintain the £1.00 ticket, such as the Health Lottery and the guy who runs it states he won't increase it, and gives more money to charity, then why can't Camelot.

All this is, is to make Camelot more profit, as people are losing interest and there are now several other companies biting at the cherry.

re: Camelot: Damn Cheek to make more profit
 

Yes, how dare they increase prices for the first time ever in their 20 years existence, the profiteering gits. :rolleyes:

Re: Camelot: Damn Cheek to make more profit
 

It's no longer what it was now. it's purely for profit.

the maths are, if you bought 1 a week you'd feel that £2 is a lot more than £1 so you don't buy one at all.

if you bought 2 a week, you'll feel ripped off that you can now only get 1. so you don't buy one at all.

if you spend say £5 a week. then you may just only spend £4 a week now instead. and have 3 less chances of winning. which will make you see that you're 3 less chances down and may give up completely.

if the whole point was to make people spend less on lottery tickets. resulting in less money in Camelots pockets, then it would have the desired effect.

with all this other gambling taking the country by storm lately. you might think that Camelot is doing what corner shops do. and that is due to loss of customers and income. they put the prices up for the other shoppers to make up the short fall.

---------- Post added at 10:38 ---------- Previous post was at 10:37 ----------

:clap:

Re: Camelot: Damn Cheek to make more profit
 

IIRC They only take a %age of the ticket price to cover all costs. Most of it goes into the prize fund and the fund for "good causes". Increasing the ticket price by £1 doesn't magically increase their profit by £1 per ticket.

Re: Camelot: Damn Cheek to make more profit
 

I just cut out Wednesdays draw

Re: Camelot: Damn Cheek to make more profit
 

We always have one ticket and that will remain the same.

Re: Camelot: Damn Cheek to make more profit
 

£30 billion donated to good causes,a major donator to London 2012 (saving the tax payer millions ) and as for the profits it makes

http://www.national-lottery.co.uk/pl...emoneygoes.ftl

Another unfounded rant from Arthur.

Re: Camelot: Damn Cheek to make more profit
 

So is there any logical reason why the price of tickets 'has' to double?

Lottery tax is 12%. is the thinking that this will effectively become 24%

not when you do the maths it won't.
after you've done the maths it may actually decrease.

Re: Camelot: Damn Cheek to make more profit
 

to increase the prize fund ,don't forget that the prizes are changing and don't forget that the company still has to make a decent profit and why shouldn't they ?

Re: Camelot: Damn Cheek to make more profit
 

Those that only ever had a £1 flutter will now be obliged to double their bet, so income should increase.

I have never taken part in the lottery or the scratch cards, so it doesn't bother me.

Re: Camelot: Damn Cheek to make more profit
 

I have spent £2 a week on the Saturday draw since 1994 using the same numbers, when i heard about the price increase a few months ago i stopped the Saturday draw and bought 1 Friday night Euro lottery ticket for £2 which is better value and i have had more wins from it so far.

Re: Camelot: Damn Cheek to make more profit
 

I've never bought a lottery ticket or a scratchcard. I've never been in any syndicate I was invited to. I did win a lotto ticket in an office competition once. The numbers didn't come up.

By my calculation, I've saved myself £1 for every week the Saturday night draw has existed, compared to any of my several acquaintances who buy one ticket a week. I reckon I'm about £1,000 up, minus any occasional £10 wins. :D

Re: Camelot: Damn Cheek to make more profit
 

If you're not in it we can't dream about winning it so i play it.

Some people spend shed loads of cash on smoking and booze so i don't mind spending £2 a week in the hope of winning something.

My biggest lottery in is £968 on 1 ticket. :)

Re: Camelot: Damn Cheek to make more profit
 

You're actually £4.8 million pound down.
you were supposed to have won the July 2011 jackpot. but you never bought the ticket.

Re: Camelot: Damn Cheek to make more profit
 

We buy one ticket when it's a big jackpot but that's it so not really going to notice this much.

Re: Camelot: Damn Cheek to make more profit
 

Don't like the price increase, there's an alternative ;)

Re: Camelot: Damn Cheek to make more profit
 

Yes their profits are high... so as to pay for their exec's, operating costs etc, not sure if they have share holders. Welcome to the world of greed, privatization, capitalism.

Still there is a choice/alternative.

Re: Camelot: Damn Cheek to make more profit
 

Likewise.

I think I bought a lottery ticket for the first week or so but have never bought a scratch card.

Re: Camelot: Damn Cheek to make more profit
 

I gave up on it a long time ago primarily because I was disgusted at the choices of charity recipients of the lottery. I.E. the Royal Opera House and The Millennium Dome. Lots of perfectly good charities were denied money(some closed) that I thought had a chance of being far more useful to society than those two particular choices.

I know there are lots of small worthwhile charities chosen but there are a lot that I really view as a waste of the money

These days I prefer to choose the charities that I give my hard earned cash to like the Poppy Appeal.

Re: Camelot: Damn Cheek to make more profit
 

Arthur, you are mistaken - the National Lottery gives 28% of profits to good causes, and the Health Lottery only 20% - also, the National Lottery's profits are capped at below 1%.

So, if more money is spent, they don't keep a larger proportion, only a larger amount, just like the good causes.

Re: Camelot: Damn Cheek to make more profit
 

The Irish lottery is a good one to have a go on. I know many people who've been lucky with that one.

I've had more winnings doing the health lottery. So I'm going to carry on doing that, but just the Saturday draw.

Re: Camelot: Damn Cheek to make more profit
 

Shocking, yet another Arthur post short on facts but at least its not about the Government :). I dont do the lottery but only because i dont bet on anything these days. Lack of money made me stop.

Re: Camelot: Damn Cheek to make more profit
 

the elf lottery does not pay out in £millions -

Re: Camelot: Damn Cheek to make more profit
 

Do you play the Euro millions then lol

Re: Camelot: Damn Cheek to make more profit
 

I do find it funny that people are so up in arms about the lotto price increase.

Its been running since 1994 and this is the first price increase in 19 years. Also the prizes are changing too so its not a 'profit' increasing rise, its actually to make things better for customers.

For those that only play on big prize days then you actually have a much smaller chance of winning as there are so many other people playing for that same reason.

Re: Camelot: Damn Cheek to make more profit
 

Arthur's always up in arms about something nonsensical - the facts don't seem to alter anything... :D

Re: Camelot: Damn Cheek to make more profit
 

You actually have exactly the same chance of winning, you just win less if more people win the jackpot.

100% increase is far to much in my opinion which is why i changed to the Euro lottery as i didnt want to spend around £18-20 a month on a lottery that has a small jackpot now compared to how it used to be.

Re: Camelot: Damn Cheek to make more profit
 

It pays out more for 5 numbers than Lotto does though ;)

Re: Camelot: Damn Cheek to make more profit
 

I used to run a small syndicate at work.
From '99 to present we have won probably around a grand.
Not a bad return for 6 people doing one line each per draw :-!
From the moment we found out that they were doubling the cost (even tho there are slight increase on some levels and decreases in others) we have decided to call it a day.
I'll continue to do the Saturday draw with one line but that's it.

Re: Camelot: Damn Cheek to make more profit
 

It's not a good return ... the cost per person, if you have done one line a week for almost 20 years, is about a grand each. So as a syndicate of six members you are about five grand down.

Re: Camelot: Damn Cheek to make more profit
 

You could buy 3 lines for the euro lottery instead at no extra cost if you wish, for me it pays out more often.

Re: Camelot: Damn Cheek to make more profit
 

It's another tax.

Re: Camelot: Damn Cheek to make more profit
 

How do you arrive at that conclusion?

Re: Camelot: Damn Cheek to make more profit
 

Because I do.

Re: Camelot: Damn Cheek to make more profit
 

How can it be a tax? lol

Re: Camelot: Damn Cheek to make more profit
 

It an idiot tax.

Re: Camelot: Damn Cheek to make more profit
 

Re: Camelot: Damn Cheek to make more profit
 

What was your last win on the lottery, Hugh?

Re: Camelot: Damn Cheek to make more profit
 

And that's the key, for all those laughing at people moaning about the price rise, what do they think will happen, more people will play and more people will buy extra tickets, can't see it myself, Camelot should've lost it last time, they and the operation are stale and this increase could make the lottery's decline terminal and then what will all those retired Canadian teachers do.

Re: Camelot: Damn Cheek to make more profit
 

I think more people will do what i do and move onto the Euro lottery, for more frequent wins(for me anyway) and if the big 1 does come around it is always for more money.

Re: Camelot: Damn Cheek to make more profit
 

IMO when they sold out that was the day when they lost the contract or it should have been. Have they brought out Camalots other companies?

The Camelot Group of Companies includes: Camelot UK Lotteries Limited (reg. no 2822203), Camelot Business Solutions Limited (reg. no 07553982), Camelot Strategic Solutions Limited (reg. no 07553980), Camelot Global Services Limited (reg. no 02822300), Camelot Commercial Services Limited (reg. no 06911097).

All of which are registered in England and Wales and have their registered office at: Tolpits Lane, Watford, Herts WD18 9RN.

Money talks these days.

---------- Post added at 17:43 ---------- Previous post was at 17:43 ----------

Irish Lotto for me, always has been and always will.

fixed? https://www.youtube.com/watch?v=uHNDhlI6s8E

Re: Camelot: Damn Cheek to make more profit
 

I am not a gambler, Gary - my step-dad had a bookies shop, and he explained who won every time.....;)

Re: Camelot: Damn Cheek to make more profit
 

That video is just another conspiracy theory.

Re: Camelot: Damn Cheek to make more profit
 

I think, whatever happens, the National Lottery is set to fade.
Taking the main draw to twice a week just spread the money more thinly ... we used to play regular numbers, but when it went twice a week, chucked them rather than doubling up or "what if" on Wednesday.

The more they tinker to prop it up, the more likely they are to lose those that do still play

Re: Camelot: Damn Cheek to make more profit
 

It might be but I've always had my doubts, when the draw is on the TV the guy who says what numbers have come out and how many times it's come out and how much they've raised for charity raises my eyebrows.

No computer is that fast which brings me to the conclusion that something isn't right.

Re: Camelot: Damn Cheek to make more profit
 

For statistics with numbers computers would be instant, if you think about it the statistics will already all be worked out before the draw.

Re: Camelot: Damn Cheek to make more profit
 

So they'll know which numbers are going to be drawn before the show then?

Re: Camelot: Damn Cheek to make more profit
 

lol of course not, but when they see a number on the screen the computer will instantly know how many times it has been drawn before, obviously. :)

Re: Camelot: Damn Cheek to make more profit
 

Ah right :D:D

Re: Camelot: Damn Cheek to make more profit
 

Won't they know the last time a particular number was drawn, since the time of the previous draw, a few days earlier.

Re: Camelot: Damn Cheek to make more profit
 

You obviously don't work with computers much.

All the previous numbers and statistics are stored in a database, and as soon as the new number is drawn, it is entered into the database - a modern server / programme would calculate the appropriate numbers in under a second.

Re: Camelot: Damn Cheek to make more profit
 

I work with computers most of the day thank you.

Re: Camelot: Damn Cheek to make more profit
 

But do you design / build / implement complex business and research systems?

Re: Camelot: Damn Cheek to make more profit
 

No one can match up to you Hugh, lol.

Re: Camelot: Damn Cheek to make more profit
 

Now your being silly.

Re: Camelot: Damn Cheek to make more profit
 

No, I am just trying to point out the lack of logic in your proposition.

Modern computers, and the business systems running on them, can process millions of calculations per second - 20 years of Lottery results, and the patterns arising from them, isn't really difficult.

You just store the number of times that number has been drawn, and the last date it was drawn, then display that information on the commentator's monitor when the number is drawn that week - morsel of micturition...

Re: Camelot: Damn Cheek to make more profit
 

Clearly the lottery statistics computer is so advanced it was built for the NSA then sold to Camelot when the financial crisis hit. Did you know it can give you statistics as the lottery is going out live! Be wary though. They're scanning all your lottery tickets and sending out crap numbers. An easy way around this is sending an email to an Edward Snowden and asking for the weeks numbers. He reportedly has a huge gob.

Re: Camelot: Damn Cheek to make more profit
 

The systems we design and build at work search through 10's of thousands of records of pre-announced parcel data and finds the correct destination in under 500ms.

To get informatin of lottery numbers you have to search through 49 records you could probably use a few sheets of paper and be quick enough.

J

Re: Camelot: Damn Cheek to make more profit
 

It would be easy to maintain a list on paper. There are only 2 draw a week when something changes. Keep a list of the draw number of when last drawn for each of the 49 numbers. If a number if drawn again, subtract the current draw number from the draw number on the list, add 1 and you have how many draws ago it was last drawn. You could even prepare a list each time doing the calculations in advance and just reading off this new list.

Re: Camelot: Damn Cheek to make more profit
 

This is about the question of how could they say when ball x was last drawn so quickly when the draw is live.

Re: Camelot: Damn Cheek to make more profit
 

There is no question. Dedicoat has a new script for every draw. The script is re-written every week with up-to-date information. The script has 49 lines, one for each number. It takes a matter of seconds for him to run his finger down the page and read the appropriate line once the number is drawn.

It takes a special kind of paranoia to believe the lotto script is evidence of foul play. :erm:

Re: Camelot: Damn Cheek to make more profit
 

I know, totally inane information that's about as much use as a one legged man at an a*$e kicking contest! I find this character extremely irritating when he does that - to the point whereupon I'd happily like to set about him with a cricket bat.