Know Magic

November 14, 2009

E-Lottery & the El Gordo Lottery - the 101

The Elgordo Loteria is a part of the Euromillions Euro lotto, but if that’s all you happen to know you should get to learn more. Noted for featuring one of the world’s richest jackpots, this wager offers payouts of between eighty-four million and two point six billion Euros. This is just one of the lottery’s claims to fame. The Elgordo Lottery makes available more than thirteen thousand prizes, making for a prize winner for every six contestants. Stunning odds when looked at in the context of other international lotteries. There is one draw per month in the Euromillions Euro lotto. But three months a year play host to special drawings for yet bigger prizes. The bigger drawings take place in January, summer, and at Christmas; they are, respectively, El Nio, San Ildefonso & Elgordo.

Unusually among lotteries, the balls required by the Elgordo lottery draw have five digits on each, in a numerical range from 00,000 to 84,999. The system makes use of two bowls, with one used determining a winner, while the second decides the prize value. So how do you enter this lottery? You have two basic choices; the first is that you can get an entire ticket, called a “serie”. Or, you can go for the more affordable option called a “décimo”, which is worth one-tenth of a full ticket. Both serie and decimo have an equal chance of winning, although their payout is proportional to how much you spent at the start. Because of this the Euromillions Euro Lotto has put an e-lottery system into operation. Everyone’s guaranteed to win a prize when they participate in the e-lottery system. You will automatically be assigned a team following your choice to buy into the Elgordo Lottery syndicate. With each team numbered between zero and nine, the last digit on the winning number signifies the winning team and they take the money. All members receive their share. After that, subscriptions are offered for the syndicate ready for the next drawing.

Some players feel hesitant when they hear that they have to share these jackpots. But when you consider how much 2.6 billion Euros is actually worth, there’s still plenty to go around. You’ll find the syndicate e-lottery is far more cost effective, and knowing that you’ll share in a prize every month, there are no worries about constantly losing. There’s clearly no more effective way to play.

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Filed under: Bets + Sportbooks — Admin @ 5:13 am

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