The E-Lottery System and the Elgordo Lottery — the Smart Player’s Guide
October 20th, 2009When you first come across the Elgordo Loteria, part of the Euromillions Euro lottery, you definitely need to find out more. The lottery is noted for jackpots that number amongst the world’s richest – payouts as high as two point six billion Euros. And neither is this the lottery’s only claim to fame. The Elgordo Lottery puts more than thirteen thousand prizes up for grabs, making for a one in six chance to win a prize. Astonishing odds when viewed in context with the majority of other competing lotteries. Once a month the Euromillions Euro lotto holds its draw. But three months each year have special lotteries for grander prizes. The bigger drawings are scheduled to be in January, summer, and at Christmas: respectively, they are El Nio, San Ildefonso and Elgordo (which translates to “Fat One”).
Balls numbered between 00,000 and 84,999 are not part of a standard lottery system, but the Elgordo lottery employs a unique system using them. During the draw a ball is drawn from a bowl to determine the winning number and another ball is drawn from a second bowl to find the prize value. To enter the lottery, your first choice is a full ticket, known as a “serie”. There is also a cheaper option; called a “décimo” valued at one-tenth of a full ticket. Unfortunately, both options are expensive ways to play and neither of them will increase your chances of a win. As a result many players of the Elgordo lottery take advantage of the e-lottery system.
This system guarantees a prize to everyone who takes part. You will automatically be pooled into a team when you buy in to the Elgordo Lottery syndicate. With each team numbered between 0 – 9, the last digit on the winning ball signifies the winners who will take the prize. Every member will receive an even share of the prize. Everyone subscribes again for the next month’s lottery and the cycle begins again.
It is typical to worry about whether it would be worth sharing these payoffs. What you have to remember is that when the initial amount is over two and a half billion Euros, a single share works out at a substantial return. There’s no need to worry with this system as you’ll win your share in a prize every month, and on top of that a share in the syndicate is the most cost-effective approach. The e-lottery offers the best return of them all…
