August 28, 2009

The Savvy Player’s Definitive Guide to the Elgordo

The first time you hear about the El Gordo Loteria, a part of the Euromillions Euro lottery, you absolutely need to know more. 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. And neither is this the lottery’s only claim to fame! The chances of becoming a prize winner are as high as one in six, and these prizes can be any of more than 13,000 different amounts. Pretty good in comparison to the prizes offered by comparable lotteries.

Each month the Euromillions Euro lotto holds one draw. But three months a year are scheduled for bigger drawings for yet bigger prizes. These are the January “El Nio”, summer’s “San Ildefonso”, and the Xmas “El Gordo”with Christmas’s lottery being the biggest and most popular of the 12.

Unlike typical lottery systems, the El Gordo Lottery uses balls with five digits printed on each ranging from 00,000 to 84,999. One ball apiece is drawn from two bowls; the first selection determines the winning ticket, while the second determines what the ticket is worth.

Thinking of entering this drawing? You have two basic choices; first, you can buy an entire ticket, called a “serie”. The other option is cheaper; called a “décimo” worth one-tenth of a full ticket. Neither option is especially cheap, though, and obviously neither has better odds of being one of the one in six winning tickets. Because of this the Euromillions Euro Lottery also offers an e-lottery system. Everyone is certain of winning a prize if they participate in the e-lottery system. You will automatically be pooled into a team when you buy in to the El Gordo Lottery syndicate. With each team having a number between 0 and 9, the final digit on the winning number determines the winners who will take the prize. The prize is then divided among the team members. Following that, subscriptions are offered ready for the draw held next month. Some people feel concerned when they hear that they would have to share these big pots. What you have to remember is that when the initial amount is more than two and a half billion Euros, a share works out at a significant sum of money. As you’re guaranteed to win once a month, the e-lottery syndicate system is both more cost effective and less stress as you can be certain of a return. It’s the smartest approach to the Euromillions Euro lotto.

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