Here’s How Everyone Can Play the Spanish Elgordo Lottery the Really Sophisticated Way
Monday, August 31st, 2009The first time you hear about the part of the Euromillions Euro lotto that is the El Gordo Loteria, you definitely need to know more. Offering one of the largest jackpots on the planet, this game of chance offers pots of between 84 million and over two and a half billion Euros. And yet there’s more. In this lottery the odds of winning something are a staggering one in six, with over thirteen thousand different amounts. When you consider prizes given by other lotteries, it has to be said that El Gordo’s offerings are rather good. There is one draw per month under the aegis of the Euromillions Euro lotto. More substantial prizes can be had from special lotteries held three months a year. Largest and, incidentally, most popular of all the draws is the Christmas lottery “El Gordo”, while the other two special draws occur in January – “El Nio” – and the summer (“San Ildefonso”).
Balls each numbered between 00,000 and 84,999 are not part of a standard lottery system, but the El Gordo lottery employs an unusual approach using them. Two bowls are required, with one used in deciding the winning number, while the second decides the prize value.
To enter the draw, one option is a full ticket, known as a “serie”. You can also choose a cheaper option called a “décimo”, worth one-tenth of a full ticket. Sadly, both options are expensive ways to play nor will either increase your chance of winning anyway. As a result many players of the El Gordo lottery take advantage of the e-lottery system. The e-lottery system promises a prize to every participant. You are automatically pooled into a team following your buy into the El Gordo lottery syndicate. With each team having a number between zero and nine, the final digit on the winning number determines the winners who will take the money. This prize is distributed among the team members. Before next month’s lottery, the syndicate once again sells subscriptions and the e-lottery continues.
The concept of sharing the pots is cause for concern to some people. But when you stop to think how much over two and a half billion Euros is actually worth, there’s still lots of money for everybody. There’s no need to worry with this system simply because you’re guaranteed to win a prize each month, and on top of that a share in the syndicate is the more cost-effective approach to playing. The e-lottery syndicate offers the best payout.