Saturday, July 7, 2012

Finding The Best Lottery System For You

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Lotto Payout:

Playing any lottery is just that - a lottery. Many websites claim to have the best lottery system which guarantees you a win every time or one that significantly increases your chance of winning the big prizes. If they have such perfect systems then surely they will have won the lottery many times over and don't need to sell you the secret for a few dollars.

To put things into perspective, if you play the US Powerball game, you have to pick 5 normal numbers and the red Powerball; the odds of getting it right are over 195 million to 1. In the UK your chances in the standard draw are considerably better at a mere 14 million to 1. By comparison the chance of getting struck by lightning in your lifetime is a paltry 5000 to 1 or to put it another way, you are 39,000 times more likely to get frazzled than hit the jackpot on the lotto.

If you are willing to spend more money, then you can cover more possibilities and increase your chances. By playing 10 sets of numbers you have ten chances to get the right combination, but hang on a minute, that is still huge odds against you hitting the big money. You have to play thousands of lines to guarantee any significant return which would probably end up costing you more than the prize.

There are ways mathematically that you can increase the probability of winning. These can be found in many books, articles and websites that explain how to pick numbers to cover a spread which should get you at least some small wins. There are also companies that will sell you a "wheel" for the type of lottery you are entering which lists the numbers you need to play to get an almost guaranteed payout of some kind each week.

The problem with trying to cover many combination's of numbers is the cost which could much more than an individual's budget. One way to get around this is to join a large syndicate. A syndicate is a group of people who get together to play the lottery and then share any winnings. Because a large group can afford to play many lines in one week, the chances of seeing a return are much higher. The downside is that any earnings are split too.

There are online syndicates you may be able to join, or you could start one with your work colleagues or family and friends. You may still want to pick your numbers based on some kind of system and it is possible you will get writers cramp filling out hundreds of lines, but your likelihood of getting a big payout will be much better.

One system that has many supporters is the "Hot and Cold" theory. Over short periods of time some numbers show up more frequently than others and are considered "Hot", the less frequent, "Cold". By picking hot numbers some say you can improve your luck. There is however, no knowing when hot is going to turn warm or decidedly chilly.

At the end of the day there is no single way to guarantee that you will become an overnight millionaire unless you take 0 and convert it to Colombian Pesos. The best lottery system is one that suits your budget so go ahead and pick birthdays, anniversaries or the dog's age and keep your fingers crossed.


1 comments:

  • July 6, 2021 at 4:21 AM
    Ric Clayton says:

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