Devil 1,179 Posted September 23, 2023 Share Posted September 23, 2023 A roll of National Lottery £2 scratch cards contains 240 in total. If I was to buy the full roll would I win more than my £480 outlay? Quote Link to comment Share on other sites More sharing options...
Spike 5,103 Posted September 23, 2023 Share Posted September 23, 2023 10 minutes ago, Devil said: A roll of National Lottery £2 scratch cards contains 240 in total. If I was to buy the full roll would I win more than my £480 outlay? Probably not mate, the low outlay is offset by the low win % Quote Link to comment Share on other sites More sharing options...
Spike 5,103 Posted September 23, 2023 Share Posted September 23, 2023 You'd probably have a better time with low return sports betting with high wagers. Quote Link to comment Share on other sites More sharing options...
Bluebird Hewitt 1,282 Posted September 23, 2023 Share Posted September 23, 2023 I bought a couple of scratch cards recently and think I saw the winning odds (according to the scratch cards) were something like 1 in 3.7 to 1 in 4.2 (depending on the scratch card in question). That's for any prize however and likely to be the lowest one. Either way, like @Spike said, I wouldn't bother. Quote Link to comment Share on other sites More sharing options...
Devil 1,179 Posted September 23, 2023 Author Share Posted September 23, 2023 27 minutes ago, Spike said: You'd probably have a better time with low return sports betting with high wagers. 6 minutes ago, Bluebird Hewitt said: I bought a couple of scratch cards recently and think I saw the winning odds (according to the scratch cards) were something like 1 in 3.7 to 1 in 4.2 (depending on the scratch card in question). That's for any prize however and likely to be the lowest one. Either way, like @Spike said, I wouldn't bother. I'm not going to do it lads, just thought it would be an interesting question. Surely a few hundred quid cards in the 240 roll though. I'd say you'd make back the £480 myself. Quote Link to comment Share on other sites More sharing options...
Whiskey 1,192 Posted September 23, 2023 Share Posted September 23, 2023 No. Quote Link to comment Share on other sites More sharing options...
...Dan 758 Posted September 23, 2023 Share Posted September 23, 2023 33 minutes ago, Devil said: I'm not going to do it lads, just thought it would be an interesting question. Surely a few hundred quid cards in the 240 roll though. I'd say you'd make back the £480 myself. That would mean the lottery company is making a loss on every 240 roll? 2 Quote Link to comment Share on other sites More sharing options...
Devil 1,179 Posted September 24, 2023 Author Share Posted September 24, 2023 12 hours ago, ...Dan said: That would mean the lottery company is making a loss on every 240 roll? Mate, it's a scratch card of course there is a risk involved but there is still a chance there are big wins in there. I'm not for one second suggesting every roll has more than the value in them. Quote Link to comment Share on other sites More sharing options...
Administrator Stan 18,386 Posted September 24, 2023 Administrator Share Posted September 24, 2023 19 minutes ago, Devil said: Mate, it's a scratch card of course there is a risk involved but there is still a chance there are big wins in there. I'm not for one second suggesting every roll has more than the value in them. There is a chance, but I'd say it's a slim one... Quote Link to comment Share on other sites More sharing options...
Subscriber CaaC (John)+ 5,360 Posted September 24, 2023 Subscriber Share Posted September 24, 2023 I play Thunderball on a Tues/Wed/Frid & Saturday , a £1 a go and win on that on a regular basis so I am quite happy playing that, the most I won last year was £100. on a £5 outlay. Quote Link to comment Share on other sites More sharing options...
Dr. Gonzo 8,190 Posted September 25, 2023 Share Posted September 25, 2023 Probably not Quote Link to comment Share on other sites More sharing options...
Bluewolf 7,161 Posted September 25, 2023 Share Posted September 25, 2023 I did know someone who won £100 pound on a scratch card once and thought he would be clever and go and buy another 100 with the winnings and ended up with about £30 quid from all of them.. I think it's safe to say they are designed to recoup any winnings paid out.. If you win say £20 on one of them then I reckon they wouldn't have another winning card for the next 20 in a row until that has been recouped or the amounts paid out in those 20 would be very low like a £2 quid or something... Quote Link to comment Share on other sites More sharing options...
Harry 1,437 Posted September 26, 2023 Share Posted September 26, 2023 On 24/09/2023 at 05:21, Devil said: I'm not going to do it lads, just thought it would be an interesting question. Surely a few hundred quid cards in the 240 roll though. I'd say you'd make back the £480 myself. On average you will lose money and the company selling the tickets will make money. Of course you may get lucky and be the person who actually does win from that, but the more tickets you buy the more likely you are to converge on the average result of you losing money. Quote Link to comment Share on other sites More sharing options...
Whiskey 1,192 Posted September 26, 2023 Share Posted September 26, 2023 Amazed @Devilwas going to do this. Quote Link to comment Share on other sites More sharing options...
Devil 1,179 Posted September 26, 2023 Author Share Posted September 26, 2023 2 hours ago, Whiskey said: Amazed @Devilwas going to do this. Don't tempt me.... Quote Link to comment Share on other sites More sharing options...
Subscriber CaaC (John)+ 5,360 Posted September 27, 2023 Subscriber Share Posted September 27, 2023 Played Thunderball yesterday and won £5 on a £5 outlay, will keep that in the kitty and will play 5 x £1 Thunderballs tonight, see how I go. Quote Link to comment Share on other sites More sharing options...
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