The National Lottery

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Man of Mystery

I opened my Betfair account on 22nd April 2003. I was one of the first subscribers to Adam Todd's BetTrader and was a founding partner of JuiceStorm.com on 17th February 2007.

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In it to win it?

Next time you think you will have a go at the National Lottery, just take a moment to think about the odds you are betting at.  The numbers below refer to the old 49 ball lottery.  From 10th October 2015 there are 59 balls, so the already impossible odds of nearly 14 million to 1 against winning the jackpot increase to a staggering 45 million to one against.  Even 3 main numbers (prize now £25) will now turn up just 1 time in 97.

Would you be happy to bet at 25-1 about a horse with a 100-1 chance in the Grand National, for instance?

Odds Of Winning:

• 6 main numbers 1 in 13,983,816
• 5 main numbers + Bonus Ball 1 in 2,330,636
• 5 main numbers 1 in 55,492
• 4 main numbers 1 in 1,033
• 3 main numbers 1 in 57

This is one of the worst bets you can make, unless there is a huge jackpot on offer.

For example you get paid at 9-1 on a 56-1 shot for 3 correct numbers.