Euromillions Raffle Musings
nigel
1.8 million Brits won a prize. At odds of 1 in 24 (IIRC), that means
Brits bought approx 45 million tickets. 45% (the average proportion of
stake money allegedly paid out in prizes) of 45,000,000 * 0.50p is about
10 million UK pounds.
If, as is claimed, the 50p increase in stake from today onwards goes
into the Euromillions Raffle draw and there's exactly one prize (as
suggested by the minimalistic detail on the crap Camelot website), their
guarantee of a UK millionaire every week seems extremely conservative. I
wonder if they're planning to hive off more than the usual 55%. After
all, there are plenty more poor starving multi-millionaire tax-exiles
like Paula Radcliffe queueing up for 'good causes' funding.
Evil Nigel
nigel
Therefore approx 56,760,000 UK tickets bought.
At 50p per entry, that's �28,380,000 entered into the millionaire raffle.
One millionaire raffle winner, winning exactly �1,000,000.
That's a return on money staked of 3.5%.
Bastards!
Evil Nigel
Nick UK
Nigel (best pronounced niggle) wrote..
> Approx 2,365,000 UK prize winners.
>
> Therefore approx 56,760,000 UK tickets bought.
>
> At 50p per entry, that's �28,380,000 entered into the millionaire raffle.
>
> One millionaire raffle winner, winning exactly �1,000,000.
>
> That's a return on money staked of 3.5%.
>
> Bastards!
>
> Evil Nigel
>
.......................................................................
I agree wholeheartedly 'Niggle' and is the reason why (as I said previously)
the missus and I have decided to boycott the EuroMillions draw. At a
ghastly, rip-off �2 (US $3.35) per entry, showing a 33% per-ticket increase,
we will definitely not be buying any more EM tickets.
Have you heard the new radio commercial promoting the EM draw? There is
particular emphasis on the weekly �1m raffle 'guaranteeing' a �1m winner -
every Friday! With odds of approx 57 million-to-one against the player..
Big fkn deal!
Well, it has be said that Camelot, by raising the ticket price by a whopping
33% are doing nothing illegal or criminal. I class it as money-grabbing,
greedy (but legal) mugging!
It probably won't happen, but it really is up to the lottery playing public
to cease buying tickets at those rip-off prices!
nigel
I've been pondering.
I'm inclined to distrust everything unless it comes with hard evidence
whether it comes from government bodies or self-appointed math experts
who claim you can't predict the lottery because it's written in a math
primer somewhere.
The jackpot of �13 millionish is about what you'd expect as normal,
suggesting that other countries haven't hived off 25% of their 2 euro
ticket price into a local raffle, as claimed they would do by Camelot in
their initial press briefings.
Since UK tickets are now �2, we're effectively paying 2.2 euros per
ticket, ie approx 18p more than the rest of Europe. 56,760,000 x 18p =
�10,200,000. Even allowing for Camelot raking off their traditional 55%,
after paying out a �1 million raffle prize that still leaves �3.5
million unaccounted for.
So I'm confident I still don't know where the money is going, even
assuming Camelot lied.
Evil Nigel
Nick UK
Evil Nigel (best pronounced niggle) seemed slightly niggled, when he wrote..
>
> I'm inclined to distrust everything unless it comes with hard evidence
> whether it comes from government bodies or self-appointed math experts
> <snip>
Yep! Hard evidence is what you need, Niggle. Not the type of claptrap
'evidence' supplied by self-appointed 'experts' like
(for example) the Big-Lie-Guy?
>
> The jackpot of �13 millionish is about what you'd expect as normal,
> suggesting that other countries haven't hived off 25% of their 2 euro
> ticket price into a local raffle, as claimed they would do by Camelot in
> their initial press briefings.
Well according to the 'Big Lie Guy' other European countries have indeed
been 'hiving off'. How can you forget this?..
>> Hey Frogs, mini bull- stickers and Sandinears, greedy bastards! How
>> crooked can you be?
>>
>> Should most definitely be investigated. No fox and sour grapes this is
>> criminal...........
>>
>> Big-Lie-Guy..
>>
>> the guy who knows more about The Lottery in a BIG headed and pragmatic
>> sense, than ANYONE on this PLANET, and could probably answer questions
>> you
>> may not be able to frame.
>> World Authority to Lotteries AND Syndicates' deviousness.
(end)
> Since UK tickets are now �2, we're effectively paying 2.2 euros per
> ticket, ie approx 18p more than the rest of Europe. 56,760,000 x 18p =
> �10,200,000. Even allowing for Camelot raking off their traditional 55%,
> after paying out a �1 million raffle prize that still leaves �3.5 million
> unaccounted for.
>
> So I'm confident I still don't know where the money is going, even
> assuming Camelot lied.
>
> Evil Nigel
Always unwise (and dangerous) to 'assume' Niggle.
As you have already stated, what you need is hard *evidence*. Get the
evidence and assumptions can then be transformed into bona-fide indictments!
RGLs idiotic 'Big-Lie-Guy' with his pointless, tedium-ad-nauseum, false
accusations over several years, has continually been blinkered by his own
self-importance and arrogance. So much so, he has never been aware of the
importance of supplying hard evidence to back up his spurious claims.
'aliquis non debet esse judex in propria causa'.
Jack Ricci
"Nick UK" <lotto_y...@gmail.com> wrote in message
news:pwBLm.139328$F%2.12...@newsfe19.ams2...
...The rest of the world is following suit to the charging of double or more
per ticket purchase prices with the promise of really big prizes for really
impossible odds for very few winners. It's not a friendly game anymore...
LottoHackJack