Topic: [NEW] CryptoBetSyndicate, Lottery/betting syndicate accepting crypto!!! (Read 200 times)

Turbo syndicate offer

Details:

2.5€ per share
100 shares available
deadline 2pm CET
predetermined bet slip with a 4.2 multiplier

Official betslip ticket Will be shared in the forum thread and here after all funds are collected and the bet has been validated

Do not forget to use the PROMO10 discount code to receive a 10% discount on your purchase!!!

Link to syndicate here

 

Addition to reply above.
At This moment we are working with a lawyer that Will put everything in a schedule what steps we need to take if a huge jackpot is hit.

In Every confirmation e-mail we provide an agreement between CBS and the participant for the chosen syndicate.
So no matter what syndicate you are in or how much is won. As participant you have an official agreement at Any time.

If a major jackpot or a significant high tier price is won we provide additional documents to let the payout go smoort

Depending on the country where we validate the ticket a tax Will be deducted.

Example we hit a €10,000,000 jackpot and validatie the ticket in Spain.

Spain has a 20% tax on winnings above €2,500. So we firstly need to pay 20% taxes on €9.997,500.
So €7,999,500 is left for the syndicate.

Lets say the syndicate has 10 participants. Each participant is allocated €799,950.

Winnings above €100,000 we also offer fiat payouts if wished by the participant.

2 things can happen.

- the participant chooses to be paid in crypto. The €799,950 Will be send anonymously. Participant has to do his research if he needs to pay taxes over This crypto amount.
- participant chooses he wants to get paid in fiat. He Will have to declare the winnings come from lottery. Depending on your location iT is possible you need to pay an extra % of taxes on your winnings in your country.

So summary.
IT is possible that there are 2 times taxes withhold from your winnings depending on the country where the ticket is validated and the country where the participant is living. But iT is also possible no taxes needed to be paid. For example if we validate the winning ticket in Belgium no taxes are charged. If the participant also lives in belgium he also dont have to pay taxes on lottery winnings.

People teaming up to win a lottery in cryptocurrencies is an interesting idea. It's also great that you are totally legit and regulated. There was once an offer from a forum member for people to team up, buy a bunch of tickets and try to win a big lottery. That person was interested in how the US (it was about a US lottery) will deal with people around the world buying tickets from a friend in crypto in terms of taxes and rewards. Since you are regulated, perhaps you could answer this question. If, say people from 10 countries formed a team, bought tickets for crypto and won, how would the process of giving rewards and paying taxes go?

Until the end of november we offer a 10% discount on Any purchaese by using the promocode PROMO10.
You can use This code as Many times as you want during November.

At this moment we are searching for poker players, experienced sport bettors and a reliable person in the UK to join our team.

You can send us an email at any time, contact through support ticket or a PM here or on telegram.

website  Telegram  Twitter  Facebook email


Who are we?

CryptoBetSyndicate is the very first platform offering lottery/betting syndicate management services exclusively accepting Cryptocurrencies.

First we had the idea of launching an iCO but we reconsidered and decided to launch a temporary website to already be able to offer our services and syndicates. In meantime we will work on our final website which will replace the current one. We thought it was better to build a community while already offering the service and gain trust and support from the community instead of launching a prelaunch with only promises.

What is a betting/lottery syndicate?

A lottery syndicate is a group of players who purchase lottery tickets together and share in the prize winnings in proportion to the contribution of each participant. Traditionally, lottery syndicates consist of a group of friends, relatives, colleagues or neighbors.
Previous years there also appeared many online syndicate opportunities but not a single one of them offered crypto syndicates.
CryptoBetSyndicate will offer players the opportunity to enter their syndicates exclusively by purchasing with crypto.
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CryptoBetsyndicate strengths

• No registration required. Only a valid email required
• Crypto as exclusive payment method
• Cheap service fee compared to competitors
• Transparent. All official tickets and numbers are shared upfront every draw
• Increase your odds by playing in a syndicate

What syndicates do we offer?





How can you join our syndicates?

Check on our website our 'how to play' guide

Follow the steps. You will find out how easy it is.

Some things to keep in mind.

• Use same and valid email to confirm purchase and at the payment gateway, so we can track and verify all purchases
• You receive 2 emails. First is a confirmation email for the purchase. Second one you receive within 24 hours with confirmation and details about the syndicate. This email will also be your legal binding syndicate agreement.

Is CryptoBetSyndicate legal?

When offering this product, CryptoBetSyndicate is acting as a lottery Syndicate organiser. We do not promote a lottery and are not lottery promoters.
When offering this product, or other Syndicate products on cryptobetsyndate.com, we do not require a licence from the Gambling Commission. We do not require a lottery operator licence; please see the UK Gambling Commission’s "Running a lottery Syndicate" page for confirmation.
We are not, nor need to be, regulated by the Financial Services Authority.
A Syndicate does not amount to joining a collective investment scheme.
Joining a Syndicate provides no guarantee of receiving any Winnings and we in no way guarantee to Promotion Participants any return on any fees this Company may charge for your Entry into or participation in any of the Syndicate games.
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CryptoBetSyndicate is a syndicate manager provider. We do not carry any responsibility towards possible winnings nor we do not guarantee any future profits.
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Be aware by participating our syndicates you participate in official lottery draws. Know your limits and only use funds that you willing or capable to loose.

Do we offer an affiliate platform?



On our temporary website we do not have an affiliate opportunity integrated. However all players that join us now will be invited as very first when the final site launches and will all receive top affiliate spots.

As compensation we do offer a discount during the entire month of November.

You can use promo code PROMO10 as many times as you want during the month of November to receive a 10% discount on all your syndicate purchases.

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For further information we advise you to visit our website. If you have any further questions about the platform just send us a mail, use the contact form or reach to us at our social media pages