20000 bonus Velocity points for a year VIP subs to RSL Art Union

[markis10]

First time I have seen a lottery offer points!

Velocity Frequent Flyer Offer | VIP Club | Dream Home Art Union

dreamhomeartunion.com.au

$50 a month for 12 months so $600 spend, if your into such lotteries could be worth it, probably need to put the usual warnings ie you will probably lose the lot etc etc

 

[goldenhorn]

I signed up for this. I’ll assess after I get the first 10,000 points if I want to stay a VIP member. I do buy these lotteries from time to time but not sure I want to commit to $50 a month for 12 months.

 

[MEL_Traveller]

I signed up for this. I’ll assess after I get the first 10,000 points if I want to stay a VIP member. I do buy these lotteries from time to time but not sure I want to commit to $50 a month for 12 months.

Hmmmm. Ts and Cs say you get the 10k after the second monthly payment… so $100 for 10,000 VA points.

Do I stand for 6 hours in the queue at the 1 point reward store tomorrow, or pay $100?

 

[markis10]

This particular lottery likes doing complexes or blocks, however they can sell up to 6M ticket so the odds are up there with lotto etc

 

[MooTime]

I'm in.
Do love chance of winning a property.
Am VIP at Mater & buy RMH always so why not have another chance.
I'd give anything to live near cooly.

10k VFF points, yep good

 

[WilsonM]

Do I stand for 6 hours in the queue at the 1 point reward store tomorrow, or pay $100?

Do you value your time at greater than min wage (it'd equal $16.666/h )

Joking (not a fair comparison either), but tbh I'm gonna spend $100 for 10k VA points - I see the lottery entries as a bonus.

 

[kpc]

Maybe: $100 for 10000 Velocity Pts + a chance of winning a house!

 

[markis10]

Maybe: $100 for 10000 Velocity Pts + a chance of winning a house!

They tend to be blocks of units, apparently they give you a year of strata fees for free, if one entity owns everything one wonders why a strata would be needed?

 

[AustraliaPoochie]

It takes a million mins to get off their auto direct debit, my dad who is older now with my brother rang fir ghem to stol direct debit, they kept trying to convince him to continue.

 

[jase05]

I already spend hundreds per week on lotto, pokies, gambling per week and already signed up for other lotteries like this so happy to give this a go

 

[odysseus]

They tend to be blocks of units, apparently they give you a year of strata fees for free, if one entity owns everything one wonders why a strata would be needed?

Because they're x number of apartments all with separate title, so get set up that way by default. And are designed that way as well e.g. x separate addresses, mailboxes, garbage collection, metering and so on.

The fact you're an owner of all x doesn't change that they're separate entities. But means they can be easily sold off in future - which would not be easily done if there was only a single title. And that's part of its selling point, that you may choose to live in one, and sell (or rent) the others. Even selling as a single block would also be more difficult if you wanted to sell all, for the same reason to the future buyer. You're limiting the market.