Knowing the Market

A major event within the Euromillions Euro lottery is the Loteria de El Gordo - and you would do well to know more about this part. With payouts that can be as high as more than two and a half billion Euros, the El Gordo Lottery offers one of the world’s richest jackpots. Nor is this the lottery’s only claim to fame. The odds of becoming a prize winner are as high as one in six, and these prizes can be any of over thirteen thousand different amounts. A very remarkable rate when compared with other branded lotteries.

There is one draw per month under the auspices of the Euromillions Euro lottery. Three months each year see bigger lotteries promising even bigger prizes. Richest (and most popular) of all these lotteries is “El Gordo” which is held around Christmas, while the other bigger lotteries occur in January - “El Nio” - and in the 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 El Gordo lottery employs a unique system taking full advantage of them. In this system, a ball is drawn from a bowl to find the winning number and another ball is pulled out of a second bowl to find the amount of the prize.

To enter the lottery, one choice is a full ticket, known as a “serie”. Or, you can go for the more affordable option known as a “décimo”, valued at one tenth of a full ticket. Both serie and decimo have an equal chance to win, although the payout varies according to what you spend at the start. This is the reason that the e-lottery system is used by many Euromillions Euro lotto players.

Everyone’s guaranteed to win a prize if they sign up for the e-lottery system. All you do is buy into the El Gordo Lottery syndicate and they’ll pool you into teams. Each team is assigned a number from 0-9 when the draw is made, the last number on the winning ball identifies which team will receive the money. All members then receive their share of the prize. Before the next draw, the syndicate takes subscriptions once again to continue the e-lottery.

It’s typical to feel some concern about whether it’s worth sharing the pots. But when you take into account how much 2.6 billion Euros really is, there’s still lots of money for everybody. You’ll find the syndicate e-lottery program is far more cost effective, and with the knowledge that you’ll share in a prize once a month, you don’t have to worry about constantly losing. The e-lottery promises the best return of them all…