September 21, 2009

The Dummy’s Smart Guide to the El Gordo

The El Gordo Lottery is a part of the Euromillions Euro lottery, but if that’s all you’ve ever heard that’s really a bit thin. Promising payouts up to more than two and a half billion Euros, the El Gordo Lottery offers one of the biggest jackpots on a global scale. And yet there’s more. With over thirteen thousand prizes available your chances of winning a prize work out to around one per every six. That’s very good, actually, if you hold it against what other major lotteries can pay out.

In the Euromillions Euro lottery, one draw is held every month. More substantial prizes can be won from bigger drawings held during three months around the year. These 3 bigger drawings are scheduled to be in January, summer, and at Christmas: they are, respectively, El Nio, San Ildefonso and El Gordo, literally meaning “the fat cat”. Balls numbered between 00,000 and 84,999 are not part of a standard lottery system, but this draw employs a unique system using them. One ball apiece is drawn from two bowls; the first draw determines the winner, while the second determines the prize value.

Thinking of entering this draw? You have two options; first, you can buy a “serie” or a full ticket. Or, you can choose the more affordable option called a “décimo”, valued at one tenth of a full ticket. Neither choice is especially cheap, though, and obviously neither has a better chance of being a winner. As a result many people playing the El Gordo lottery use the e-lottery system. Using the e-lottery system, you’re guaranteed to win a prize. Just buy into the Euromillions Euro Lottery syndicate and they’ll sort you into teams. With each team having a number between 0 – 9, the last digit on the winning ball picks the winning team who will take the money. All members receive an even share of the prize. In anticipation of next month’s lottery, the syndicate once again takes subscriptions to continue the e-lottery.

The concept of sharing the pots is cause for concern to some players. What you have to remember is that when the amount being divided is 2.6 billion Euros, a share works out at a considerable return. You’ll find the syndicate e-lottery system is far more cost effective, and with the knowledge that you’ll win something every month, you don’t have to worry about constantly losing. It’s the best strategy for the Euromillions Euro lottery.

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