LinkBack URL
About LinkBacks
Reply With Quotei read your breakdown of the money,50% goes to the company,hell of a profit dont you think,sounds like a good scam?
Round and round and round we go. I have agreed to this but you actually have to do it. As I said you do all this for me, put me in one of your syndicates. Let me sign up online from the comfort of my own home, collect my money, email me when I have won, send me my cheque in the post. Give me a fully functional e-commerce website that allows me to track all of this. Also when I want one of my friends to join I want want you do to all this again for them (they are on the other side of the world by the way) and just pay me a commission for sending them to you. Charge me just £5/week and I WILL JOIN NOW. Don't just talk about it if it's that easy do it. Just let me know when you are done and I will join.Originally Posted by Prowler
Yes VWD buys tickets but it also does a whole lot more. One more time and I don't know how many times I am going to have to say this but if you think you can do it and for the same price put your money where your mouth is.
Alternatively, lets do this. You spend £5/week on lottery tickets and in 1 years time we will compare winnings. Your £5/week over the counter to my £5/week e-Lottery Syndicate Multi Win System winnings. (I promise I won't even mention my commission cheques).
i read your breakdown of the money,50% goes to the company,hell of a profit dont you think,
Then you need to read it more carefully 50% goes to pay the network, NOT to the companyi read your breakdown of the money,50% goes to the company,hell of a profit dont you think,sounds like a good earner? Approximately 10% goes to the company of which they collect all the money for you, provide you with a fully functioning e-commerce website. They put on your lotto entries in the e-Lottery Syndicate Multi Win System. They collect your winnings and send you a cheque (for 100% of your winnings). They calculate your commissions every month and send you another cheque. They handle your customer service etc etc etc. Not to mention further product development. There is a new product launching on the 6th May.
My comment to you is the same as for prowler, if you think you can do all of this for the same money then be my guest. Once you have it all set up let me know and I will join your syndicate.
Now, once again. I am well aware that e-Lottery isn't for everyone. But to post inaccurate information about where all the money is going when you obviously have no idea is irresponsible.
Yes, obviously e-Lottery makes a profit. Doesn't camelot? Isn't that the reason that all lotteries are set up? Please if you are going to bash it at least get your facts right. To make out that VWD is putting on lotto entries and pocketing 100% of the difference between what Syndicate members pay and what actually goes onto lotto entries is nonsense.
Not to mention that VWD is a member of the lotteries council. You may like to check out this information here:
http://www.lotteriescouncil.org.uk
Do you think they would membership to this organisation if e-Lottery was a scam?
you dont get anywhere offering to do it for nowt,ask richard branson ie the uk lottery,hes offered to do the nationall lottery for nothing,not a carat,and still he keeps getting the knockback in favour of camelot,so there a scam in everything i think,cos someone high up is getting well greased for the contract,im srry for going of your subject,but itll be interesting when labour publish all the loans etc theyve recieved, odds on camelots on the list.
Why because people make money does it have to be a scam? Richard Branson isn't offering to run his airline for nothing does this also mean that this is a scam too?you dont get anywhere offering to do it for nowt,ask richard branson ie the uk lottery,hes offered to do the nationall lottery for nothing,not a carat,and still he keeps getting the knockback in favour of camelot,so there a scam in everything i think,cos someone high up is getting well greased for the contract,im srry for going of your subject,but itll be interesting when labour publish all the loans etc theyve recieved, odds on camelots on the list.
The fact is that most organisations, charities, non profit organisations, football clubs etc run lotteries to make money.
As I have continually said VWD obviously makes money from it's members also. But it doesn't pocket the difference between what it spends on lotto entries and what members pay, far from it.
Also, you and other people in this forum may not like e-lottery and I have absolutely no problem with that. But to bash it and it's members here with in accurate facts is nothing short of irresponsible.
If you want to play on your own that's fine by me. If you want to form your own syndicate that has a similar mathematical advantage to VWD that's fine by me. But let the people who want to pay VWD a very fair price for providing them that service do so also with out crying scam.
VWD membership runs into tens of thousands of people in over 130 countries. Please credit us with the intelligence that we know exactly what we are paying for, how much and where the rest of the money is going.
I started posting on this forum because some obviously new members were asking whether VWD works. Some I see have even given up due to the replies that they read in this forum.
Well, I am living proof that this thing works. I am not trying to impress anyone but as I said before I now earn what many would consider a good fulltime income from VWD. I play both the UK Lotto and EuroMillions effectively for free and have had numerous Lotto wins.
My advice would be that if you don't already play the lotto but you think by playing in an e-Lottery Syndicate you will win more than you spend you are probably not going to do that. You will win more and more often than playing on your own but this still won't cover your playing costs unless you are extremely lucky.
If however, you already play the lotto to the tune of £5/week it makes sense to play in an e-Lottery Syndicate (or if you don't want VWD to make any money try and set a similar syndicate up yourself).
If you would like to cover your playing costs and think that you could find just 5 other people who would like to take advantage of the e-Lottery Syndicate Multi Win System then happy days. This is realistic for most people and you can play the lotto effectively for free.
Then their are people like me who saw the business potential and want to earn an extra income working part time from home. It isn't mandatory that you do this but the possibility is there.
The sad fact is that people in this forum like WLN who have given up on VWD after listening to people in this forum will no longer get the chance to experience that.
And I am assuming that all the people who don't like the fact that VWD makes money from e-Lottery, wouldn't be so hypocritical to buy a ticket over the counter and make money for Camelot. Certainly not without crying scam.
if this is a true figure, which i'm not disputing, then 49,000 members in the uk lottery syndicates alone would put vwd's weekly intake at 245,000 pounds of which 88,000 is spent on lottery and 167,000 on running costs, i'd love to see the breakdown of how thats used considering most internet companies have barely any overheads and the whole commissions thing makes me immediately think "pyramid scheme"VWD membership runs into tens of thousands of people in over 130 countries.
Lol! This is fun isn't it...
My first post was slightly tongue in cheek, but the sentiment remains... I wouldn't slag you off for doing this, fair play for making a living doing nothing but some simple admin and some clever marketing!
The reason this conversation is so hot here, is because you have actually run into some intelligent people, and not your actual target audience of idiots who can't see past the end of their own nose!
Good job I say, which is why I said I wish I'd done it myself... seems like easy money to me.
Now chill, and go find a forum of idiots to spam...
Good luck (not that you'll need it)
Well we have done the breakdown thing to death. What part don't you understand? Out of the 157,000 that's left 122,500 (50% of the original 245,000) Would be (potentially) paid out in commissions back to the members.
Approximately 4% is set aside for free syndicate entries and other bonuses awarded to members (9,800)
And approximately 10% (24,500) to the VWD for staff wages, rent (they do have a corporate office), customer services, potentially 49,000 commission/winnings cheques, hosting 49,000 websites, controlling 49,000 autoresponders. Software engineers, lawyers etc PLUS obviously profit.
These figures are approximately there or there abouts.
Now again I agree that VWD are probably making a nice bit of profit but don't forget they started out investing heavily when they didn't even have one syndicate member. The software alone to manage this kind of set up runs into the hundreds of thousands and they did this when they didn't even know it was going to work. Surely, they now deserve the rewards.
Why does commissions make you immediately think "pyramid Scheme?" Can't you spot a professional distribution channel when you see one? A pyramid scheme has no product and encourages payment by getting other people to join the scheme. eg a gifting scheme. The laws of maths state that for people to make money in such schemes, someone has to lose it.
What we are talking about with a legitimate mlm program is the distribution of a product or service through a network of independent business owners. The only time these business owners get paid a commission is when PRODUCT is sold NOT when people join the 'scheme.'
Here are some little known companies that now have what you would class as a pyrmid scheme:
Virgin (Virgin Vie Cosmetics)
Tiscali
888.com
Here are a couple of little known companies that will pay you a commission for marketing their products on the internet:
Ebay, Expedia.com, Dell, LastMinute.com, Littlewoods, Argos, ToysRUs, O2, British Airways, Capital One, Sony, Apple, iTunes etc etc etc Do you want me to go on?
Regards, Lee
Well, your tongue in cheek post is stealing away the dreams of people like WLN who are daft enough to listen to you. I don't see it very tongue in cheek when you are taking away someone's future.Lol! This is fun isn't it...
My first post was slightly tongue in cheek, but the sentiment remains... I wouldn't slag you off for doing this, fair play for making a living doing nothing but some simple admin and some clever marketing!
The reason this conversation is so hot here, is because you have actually run into some intelligent people, and not your actual target audience of idiots who can't see past the end of their own nose!
Good job I say, which is why I said I wish I'd done it myself... seems like easy money to me.
Now chill, and go find a forum of idiots to spam...
Good luck (not that you'll need it)
Second, what makes you assume that I make a living doing nothing? I work extremely hard and put it full time hours for full time pay. Whats more I did that for months and months for very little pay, something that most people aren't prepared to do.
Intelligent people don't bash other people in forums just because they personally don't like something. Intelligent people don't label something as a scam just because someone makes money from it. Intelligent people don't label something a pyramid scheme just because people get paid a commission. Intelligent people don't label people idiots just because they choose to buy something they wouldn't.
Intelligent people do realise that a job is nolonger for life. Intelligent people do realise that redundancy is a fact of life. Intelligent people do realise that the union isn't going to look after you nor is your employer or even the government. Intelligent people do realise that the chances of getting a pension they can live on is slim. Intelligent people know that they must take responsibility for themselves.
therefore contrary once again to your assumption that I am looking for idiots, I am looking for exactly the opposite. But your right about one thing, I definitely won't find what I am looking for in here
Good grief fella, I'm just trying to keep it light hearted.
I actually don't give a shit whether you or WLN make a living or not... watch out for fast moving cars when you cross the road won't you...
Prat
Posting Permissions
Bookmarks