Have you ever used a company called ‘OSA Lotteries’? (The OSA stands for ‘Overseas Subscribers Agents’ and they are based out of Ireland)
Because Elaine, a subscriber to my lottery tips newsletter, asked me if they are any good.
Historically it seems they have done a huge amount of postal mailings (junk mail!) to sell what appear to be lottery tickets. But you were actually buying a place in a lottery syndicate. Nothing wrong with that. Except with OSA it was difficult to work out exactly what you were getting for your money. The group sizes tended to be huge, so value for money was extremely poor.
Well, now they sell lottery tickets online for lotteries all over the world (and apparently still do a lot of postal mailings too).
I’ve personally never used them, but I’m very interested to hear your experiences – because when I looked today…
I Was SHOCKED At The Prices They Charge!
Now Elaine was asking about the massively popular El Gordo Christmas lottery. This is the one that all of Spain go absolutely nuts about – mainly because it has the most ridiculously big prize pool you will have ever seen. I mean, what other lottery in the world has a prize pot of 2.3 BILLION!
The draw date for El Gordo is 22nd December every year, and ticket supplies are strictly limited for this draw (it’s more like a ‘raffle’ than a typical lottery draw). Once they sell out you can’t play.
So I checked out what OSA Lotteries are charging. And as I said, I was truly shocked. These guys are charging FIVE TIMES the normal ticket price for their El Gordo tickets:-
Don’t get me wrong – it’s absolutely fair and necessary to charge extra.
Because there is a lot of admin and other overheads involved in sourcing the tickets from Spain, checking results, claiming and distributing winnings. Clearly all this costs money.
But then why is it ‘OSA Lotteries’ that other companies can do it all for about 65% LESS than what you are charging..?
My advice to Elaine, stuff OSA, grab a ticket from these people instead. (That’s what I did for a piece of crazy Spanish fun)
So what do you think of OSA Lotteries? Have you ever used them? What did they charge, and for how many tickets? If you played in a syndicate what size was the group? Did they even tell you?