Earn Gift Cards Online or Scam?
Are you in the market to enhance your lottery experience and win more rewards on your mobile device? If you are, you ought to check out YooLotto, a community of 250,000+ growing members playing and participating in their voucher rewards ecosystem. The YooLotto ecosystem allows you to earn YooBux that you can use for mobile lotteries and enter into their million-dollar weekly raffle. If that is not your speed, there is also a chance to play instant win games for daily rewards with guaranteed winners.
At LegitWorkOnlineForReal, we take an investigative approach to getting straight to business and identifying the real opportunities online versus the fake. Be sure to follow along to find out whether YooLotto can make you money, or if it’s just another scheme to steal your time and money. Below, we’ll reveal the critical aspects of YooLotto’s business model, to understand how their business works from a consumer’s lens, with real-life research conducted by experienced market researchers here at LegitWorkOnlineForReal.
At LegitWorkOnlineForReal, our whole goal here is to help you find legit work online, while also aiding you in avoiding those evil online scams. We help you identify legitimate opportunities to make money online, while cutting out the noise of nefarious internet businesses.
Introduction:
YooLotto claims to offer weekly chances to win prizes, coupons, rewards from convenience stores, and YooBux. The company’s website indicates that you can scan lottery tickets like the Powerball, MegaMillions, TX Lotto, TX Two-Step, TX All or Nothing, TX Pick 3, TX Daily 4, TX Cash 5, and make money. But the question remains; how much money can you make? From the name alone, it is clear that the YooLotto ecosystem is designed for regular lottery players. But to join their community, you will need a referral code from a friend.
Simply put, YooLotto is an engagement application that rewards activity in lottery events regardless of whether you win or lose. There are a lot of other applications out there that offer a similar function for users to earn real rewards. One app that is often brought up in discussion along with YooLotto, is Perk TV. Again, these apps are very similar but distinctly different, making for a competitive market for you – the consumer. Still, let’s take a look at how much money you can make and how much of an investment it will take to see sizable returns.
Let’s find out more about YooLotto and their mixed record of servicing users online. At LegitWorkOnlineForReal, we are here to help you identify real opportunities with businesses you can trust, all online.
What is YooLotto all about?
YooLotto rewards users for participating in fun and potentially lucrative sweepstakes online. Unfortunately, the application has significant drawbacks. To create any tangible return, you may have to have a few dozen phones at your disposal to run the app consistently. At that point, and in this day and age, you have to wonder – are there not other better alternatives to where you put your time and hard earned cash. YooLotto exists to create a competitive market for sweepstakes, rewards, and giveaways for everyday consumer goods. Be sure to follow along to get a comprehensive understanding of YooLotto’s business model.
When did YooLotto Start?
YooLotto’s CEO is Eric Yoo. Eric can be reached on LinkedIn. YooLotto began in 2011 before a considerable seed series investment from Tech Wildcatters on June 6th, 2012. Shortly after, YooLotto raised $257,500 from Roger Chang (also as a seed investment) on December 22nd of 2012. The following year, YooLotto raised $820,000 from 7-Eleven and 7-Eleven Ventures LLC. The company is headquartered in Seminole, Texas. More information is available on crunch base.
What does it cost to use YooLotto?
It costs absolutely nothing to use the YooLotto platform, and their application is undoubtedly intuitive. You can get .01 cents every day just for being active. The official statement from the team is, “YooLotto is the first and only app that manages all of your lottery play so that you never miss out on another winning ticket. YooLotto is free and was available to download for iOS and Android users.” But isn’t anymore. Their corporate phone number is 469-383-6488 (at the time of writing.)
Is YooLotto successful?
Yes, YooLotto is thriving as a lottery play service that rewards users for participating in the lottery. Ultimately – if we could give a rating, it would be an A-.
Pros:
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YooLotto exchanged real gift cards from reliable sellers.
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There are no upfront charges to hunt for great discounts.
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Their application does enhance the lottery experience.
Cons:
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The business has a varied history. Be sure to understand the risks of doing business in your local region.
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You may receive a fraudulent or stolen gift card.
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No BBB accreditation.
- The YooLotto app isn’t available to download, or at least when this article was written.
What are internet users saying about this website?
Previous users of YooLotto have mixed opinions regarding the business from our preliminary investigation. Here are some references to understand the YooLotto business model.
On one hand,
“Seems fishy that their descriptive title has nothing to do with what it is… Name is “scan lotto ticket” yeah ok. Not to mention they don’t give you your points from downloading apps. 5-star ratings are paid.”
On the other hand,
“Seems fishy that their descriptive title has nothing to do with what it is… Name is “scan lotto ticket” yeah ok. Not to mention they don’t give you your points from downloading apps. 5-star ratings are paid.”
Click Here, to read more real user experiences!
Our Conclusion For YooLotto:
While YooLotto may not be the best or most ethical business, it may be well past its heyday. Either way, our team here at LegitWorkOnlineForReal does not believe it to be a scam. The YooLotto platform does enhance your lottery experience with more frequent rewards. But is this by any means of an active income stream? Nope, it isn’t. So take caution when using YooLotto online and familiarize yourself with the risks, especially if you are new to lottery and gambling activities.
We believe YooLotto is NOT a scam for these reasons, and users can sign up to find out whether their business is a scam, as we conclude at LegitWorkOnlineForReal.
Have you had a different experience with YooLotto or have another opinion about YooLotto? If so, we would love to hear about it! Leave your opinion in the comments below. We hope you enjoyed our review about YooLotto, and we’ll see you in the following review.
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