The ezPalm Blog


September 5, 2009

Playing the El Gordo Successfully

Filed under: Long Odds, Miscellany — admin @ 11:06 am

A key part of the Euromillions Euro lottery is the Loteria de Elgordo - and you should want to know more about this part. The lottery is well known for top payouts that are among the biggest around the world - payouts as high as more than two and a half billion Euros. And yet there’s more. With more than thirteen thousand prizes available, your odds of winning something mean that there will be one winning ticket in every six. Not bad when held against what comparable lotteries can pay out. With the Euromillions Euro lottery there is one draw per month. Bigger prizes can be won at bigger draws held three months a year. Precisely: January’s “El Nio”, the summer “San Ildefonso”, and held around Christmas, “Elgordo”with the Xmas drawing being the richest of the twelve. Balls with numbers in a range between 00,000 and 84,999 are not part of a standard lottery system, but the Elgordo lottery employs a unique system taking full advantage of them. Under this system, one ball is selected from a bowl to determine the winning ticket while a second is drawn from a second bowl to decide the amount of the prize. Wondering how to enter this draw? You have two choices; the first is that you can buy a “serie” or a full ticket. Also available for purchase is a “décimo”, worth one tenth of a full ticket. This is the other option. Both serie and decimo have an equal chance to win, but of course their share of the payout is proportional to which you bought to begin with. As a result the Euromillions Euro Lotto has put an e-lottery system into operation.

Everyone’s certain of winning a prize if participating in the e-lottery system. You simply buy your way into the Euromillions Euro Lotto syndicate which will then pool you into teams. These teams are assigned a number from 1-9, the last digit of the winning number in the draw being used to identify the team which will win the prize. The money is distributed among the members. Everyone then renews their subscription for the draw the following month and the cycle begins again.

Sharing the jackpots is cause for concern for some players. What you have to remember is that when the initial amount is 2.6 billion Euros, a share works out at a healthy return. No reason to worry playing by e-lottery for the simple reason that you’ll win something every month, and a share in the syndicate is a more affordable approach to playing. E-lottery is the smarter way to go.