Scratch Card Odds Worked Out

[XGoldenGameX]

Hi there recently I got my hands on 250 lottery cards which were left over from a shop closing down. They had no value as they had to be scanned through the till in some way to validate/activate them.

So for interest sake I scratched all 250 of them and took down the odds, wins etc.

The cards were £1 'Gold Medal' must be 2012 games based.

Odds on card said chance of winning card is 1 in 4.91 and yes in my study this was correct.

Of the 120 cards Losing cards = 97 / winning cards =23

Wins totalled £60 therefore 50% money back

[CSatch]

Thats probably why I never buy scratch cards. Although to be fare at least you stand a chance of winning, and 50% back is better than most lottery related schemes!

[MasterMind]

In fact I see a decreasing interest for most scratching games that a while back were very popular.

I remember a site called max lotto specialised in them, and now uselees parked

[jjh]

I've never bought one to be honest. But I know a few people who have won decent amounts over the years.

[MasterMind]

Curiously, I got an email today inviting me to join a new affiliate program that promotes scratch cards.

I thought they were dead!

[jzan]

scratch cards on the internet? wow, technology IS amazing...too amazing...
scratch cards are risky, since the chances of you winning are painfully low. Popular before, not popular now.

[monkeynuts]

ive only ever lost money on scratch cards

i did know a guy who won about 7000 once tho.. so it can happen.. just not to me lol

[migwah]

My workmate took one for 2 grand a few months back,

Odds are meant to be like 1 in 5 (4.9 apparantly!) so i have counted before to give myself a better chance.

Most i've ever took was 50 off a £1

[Prowler]

Hi there recently I got my hands on 250 lottery cards which were left over from a shop closing down. They had no value as they had to be scanned through the till in some way to validate/activate them.

So for interest sake I scratched all 250 of them and took down the odds, wins etc.

The cards were £1 'Gold Medal' must be 2012 games based.

Odds on card said chance of winning card is 1 in 4.91 and yes in my study this was correct.

Of the 120 cards Losing cards = 97 / winning cards =23

Wins totalled £60 therefore 50% money back

was there 250 or 120?

[migwah]

Think he just did it per pack as every scratchcard pack comes in a £120 value if that makes sense.