I find this hard to put into words so please bear with me.
In its most basic form, the National Lottery is a tax on the stupid. The odds of picking the winning combination are 13million to one whereas the jackpot rarely reaches £13m these days. It's a bad bet. It's like betting on Portsmouth to beat Chelsea at 2/1 when they should be 10/1.
This is not always the case though. Occasionally rollovers occur that mean that the National Lottery actually offers a value bet. On occasions when a value bet occurs it is theoretically possible to buy every lottery combination to lock in a guaranteed win.(The downside being that others may also have guessed the winning numbers - and you'll have to share the win).
My idea is setting up a consortium that monitors all World National Lotteries to identify value opportunities and piles in when required. Once a pool had been built up then an annual dividend of profits would be paid.
A secondary income stream would be the purchase of a newsagent store (or small chain) so that we would actually profit from selling ourselves the tickets.
If you are interested in getting something like this kicked off, or if you know a Sheikh, then please get in touch.
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