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The Dummy’s Definitive Guide to the Spanish El Gordo elottery

Posted in Gambler Den by admin on the November 11th, 2009

The El Gordo Lottery is part of the Euromillions Euro lotto, but if you don’t know anymore than that you should get to learn more. With payouts that can be as high as more than two and a half billion Euros, the lottery claims one of the richest jackpots in the world. Even that isn’t the only thing that’s special here. With more than 13,000 prizes being offered, your odds of winning something mean that there is one winner per six tickets. When compared with the prizes being offered by other lottos, that’s certainly not bad. There is one draw per month under the aegis of the Euromillions Euro lotto. But three months each year are devoted to special draws for even bigger prizes. To wit: January’s “El Nio”, the summer “San Ildefonso”, and held around Christmas, “El Gordo” i.e. “the Fatso”, with Christmas’s El Gordo lottery being the largest of the 12. Unlike typical lottery systems, the El Gordo Lottery employs balls sporting five digits apiece in a range from 00,000 to 84,999. One ball will be drawn from each of two bowls; the first selection determines the winning ticket, while the second determines the prize value. To enter the draw, your first choice is a full ticket, called a “serie”. Also available for purchase is a “décimo”, worth one-tenth of a full ticket. This is the other option. Neither alternative is especially cheap, though, and of course neither has an optimal chance of being one of the 1/6 winning tickets. As a result many players of the Euromillions Euro lotto instead use the elottery scheme.

Everyone’s certain of winning a prize when they go for the e-lottery system. You’re automatically pooled into a team when you buy in with the El Gordo Lottery syndicate. Each team is assigned an identifying number from zero to nine, the last number on the winning ball in the draw identifying the team that wins the money. An equal distribution of the spoils amongst the team follows. Following that, subscriptions are taken ready for the next drawing.

The concept of sharing the jackpots causes a little concern for some players. The thing to remember is there’s still plenty to share out when the original prize was more than two and a half billion Euros. You’ll find the syndicate program is far more cost effective, and with the knowledge that you’ll share in a prize every month, you don’t have to worry about constantly losing. E-lottery is the smarter way to go…

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