Thursday, January 15, 2009

Lotto: Play for Fun or Play to Win?

Many people, if not most, would not consider gambling an acceptable subject in financial planning. But with millions of people involved in gaming of all sorts, and billions of pounds, euros, and dollars at stake, why not? Some people gamble only for amusement; but what if you want to gamble to actually produce income?

Lotto is one of the most popular forms of gaming. Although no one has yet perfected the technique or the formula to second guess the winning combination, many manage to make decent earnings by guessing the probable winning combinations. Some rely on intuition, some on math. The best chance you have of discerning the winning combination depends on how you use the most vital ingredient required for every day living – commonsense.

Rather than focusing on expensive strategies that use random combinations you will want to focus on possible winning combinations. This can be achieved by just categorizing winning combinations. If you determine, based on historical data, that the future jackpot will have more numbers from 1 to 9, you should have a combination of numbers that will include, at minimum, four numbers from 1 to 9. This way you will not have to buy more and more tickets to increase your odds of hitting the big prize. By not buying too many tickets, not only do you save money, but you also have enough funds to play another day (which might prove to be your lucky day).

Playing in a syndicate can also be a good idea, but don't forget-- you have to share any winnings with all the members of the syndicate and this means you still have to keep your job and report back to office on the following Monday. Categorizing numbers doesn't require a lot of brains. What you essentially do is target a group of numbers and try out several combinations. For example: if you deduce that 1 to 9 may be the combinations that you need to focus on then your combination could be 1,4,6,9,26,30 or 1,2,5,7,36,39 or 1,3,8,11,29,45. Now in these numbers you will note that your focus is on numbers from 1 to 9, not the other numbers which have an outside chance of being drawn. With this system you may not necessarily hit the jackpot but you will surely win decent sums of money to finance your future games, and if lady luck happens to smile on you; you can forget going to work on the following Monday.

The commonsense approach requires that you play alertly. If you are targeting the group from 1 – 9 it would be utterly foolish to draw four numbers in a series like 1,2,3,4 or 6,7,8,9 as the first four numbers, by doing this your chances of hitting the jackpot or any small prize is zero. It means, even before the winning numbers are drawn, you have already lost the game. This is akin to literally throwing away your funds.

So ... how to win at lotto? Well, the best strategy is to zero in on the most probable winning combinations; then use common sense to arrive at the combination of six numbers. If you follow this practice consistently, your chances of hitting the jackpot go up dramatically. If you are going to gamble, do so intelligently, and play to win.

 

More info at greatlottoinfo.com.


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