Playing the Spanish El Gordo Lottery the Truly Intelligent Way
Posted on 16 Sep 2009 at 12:49 pm | Tagged as: Gambling Capers, Misc, Odds + Chances
The Elgordo Loteria is a part of the Euromillions Euro lotto, but if that’s all you’ve heard that’s a bit thin. Offering one of the world’s largest jackpots, this simple wager offers payouts up to two point six billion Euros. This is just one of the lottery’s claims to fame. This lottery puts more than thirteen thousand prizes up for grabs, which makes for a prize winner for every six tickets. Astonishing odds when compared with other international lotteries.
There is one draw per month under the auspices of the Euromillions Euro lotto. But three months a year are tied to bigger drawings for yet bigger prizes. Largest and, incidentally, most popular of all the draws is “Elgordo” which is held around Christmas, while the two other special lotteries take place in January - “El Nio” - and in summer (”San Ildefonso”). 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 using them. One ball apiece is drawn from two bowls; the first selection determines the winner, the second what the ticket is worth. Thinking of entering this drawing? You have two basic choices; first, you can purchase a full ticket, called a “serie”. Also available is a “décimo”, worth one-tenth of a full ticket. This is the cheaper option. Neither choice is particularly cheap, however, and obviously neither has an optimal chance of being one of the one in six winning tickets. As a consequence the Euromillions Euro Lottery also offers an e-lottery system.
This system guarantees a prize to every participant. You will automatically be assigned a team following your choice to buy into the Elgordo Lottery syndicate. These teams are assigned an identifying number from zero to nine, the last number on the winning ball in the draw identifying the team which will receive the payoff. Each member will then receive their share. In time for next month’s draw, the syndicate takes subscriptions once again and the e-lottery continues. The concept of sharing the jackpots is cause for concern to some people. But when you take into account how much more than two and a half billion Euros really is, there’s still plenty to go around. You’ll find the syndicate is far more cost effective, and knowing that you’ll share in a prize in each draw, you don’t have to worry about constantly losing. Trust me on this one, there’s no better way to play…











