Saturday, August 7, 2010

Is playmonday.com a classic case of how not to run a business?

Taking on the might of the national lottery, in a game that is run once a week on a non descript Mondays.





Run by a chairman (Peter Jones) who professes to know all when I could have told him it would fail.





What a pity he didnt just give the whole 18million pounds up front to charity and save everyone a whole lot of effort.





The fool.Is playmonday.com a classic case of how not to run a business?
Taking on a national lottery does seem a little foolish.





The payoff is about the same as the US lotteries (55%), but the fact that the that there is always a winner would mean that there are no huge pots to win. These huge pots seem what brings in the large number of players in the US lotteries.

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