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October 20th, 2009

Playing the Spanish El Gordo Intelligently

Posted by admin in Better Bets, Gambling Luck

The first time you hear about the El Gordo Loteria, a part of the Euromillions Euro lottery, you absolutely need to find out more. Famed for one of the biggest jackpots worldwide, this simple wager offers pots that are known to run up to 2.6 billion Euros. But that’s not all. There’s quite a lot more to it you really should know about. The El Gordo Lottery puts more than 13,000 prizes up for grabs, which makes for a winner per every six contestants. Pretty good by the standards of the prizes promoted by competing lotteries. With the Euromillions Euro lotto there is one draw per month. Three months each year play host to special lotteries promising even grander prizes. These special lotteries are scheduled to take place in January, summer, and around Christmas: in order, these are El Nio, San Ildefonso & El Gordo.

In an atypical approach to draws, the balls used in the El Gordo lottery draw display five digits on each, in a numerical range from 00,000 to 84,999. One ball apiece is drawn from two bowls; the first bowl determines the winner, the second the prize value.

If you would like to have a chance to win there is an entire ticket known as a “serie”. Or, you can choose a cheaper option known as a “décimo”, which is worth one tenth of a full ticket. These options have an equal chance of winning, although of course their share of the payout is proportional to which you bought to begin with. That’s why many players of the Euromillions Euro lottery instead use the e-lottery scheme. The e-lottery system guarantees a prize to everyone who takes part. You just buy your way into the Euromillions Euro Lottery syndicate where you’re sorted into teams. Each team is assigned a number from zero to nine, the last number on the winning ball in the draw identifying the team that wins the payoff. The money is divided equally among the members. In anticipation of the next draw, the syndicate offers subscriptions once again to continue the e-lottery.

It is common to wonder whether it would be worth sharing the prizes. What you have to remember is that when the amount being divided is over two and a half billion Euros, a share is still a significant return. With a guaranteed win once a month, the syndicate system is both more affordable and less stress as you can be certain of a return. The e-lottery syndicate is the truly smart way to go…

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