Scratch Card Odds Worked Out

XGoldenGameX · 16th August 2006, 05:25 PM

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 · 10th October 2006, 08:58 PM

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 · 17th November 2006, 05:27 AM

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 · 21st November 2006, 12:31 AM

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

MasterMind · 27th November 2006, 01:05 AM

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

I thought they were dead!

jzan · 6th December 2006, 10:16 AM

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 · 18th July 2007, 05:25 PM

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 · 2nd January 2008, 02:03 AM

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 · 2nd January 2008, 01:17 PM

Quote:

Originally Posted by 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

was there 250 or 120?

migwah · 5th January 2008, 07:51 PM

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

16th August 2006, 05:25 PM	#1 (permalink)
XGoldenGameX Rank: Member Last Online: 15th September 2008 05:19 PM Join Date: May 2006 Posts: 30	Scratch Card Odds Worked Out 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 __________________ Give a man a pound and he can gamble for a minute! Give a man a bag of pounds and he will be skint in minute!
vChips: 863

10th October 2006, 08:58 PM	#2 (permalink)
CSatch Rank: Beginner Last Online: 11th November 2008 03:42 PM Join Date: Oct 2006 Location: West Mids, England Posts: 20	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! __________________
vChips: 496

17th November 2006, 05:27 AM	#3 (permalink)
MasterMind Rank: Player Last Online: 17th January 2007 03:11 AM Join Date: Oct 2006 Posts: 117	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 __________________
vChips: 797

21st November 2006, 12:31 AM	#4 (permalink)
jjh Rank: Untouchable Last Online: 18th September 2008 09:20 PM Join Date: Apr 2005 Location: Wirral UK Posts: 1,482	I've never bought one to be honest. But I know a few people who have won decent amounts over the years. __________________
vChips: 5,442

27th November 2006, 01:05 AM	#5 (permalink)
MasterMind Rank: Player Last Online: 17th January 2007 03:11 AM Join Date: Oct 2006 Posts: 117	Curiously, I got an email today inviting me to join a new affiliate program that promotes scratch cards. I thought they were dead! __________________
vChips: 797

6th December 2006, 10:16 AM	#6 (permalink)
jzan Rank: Beginner Last Online: 7th December 2006 11:34 AM Join Date: Dec 2006 Posts: 21	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. __________________
vChips: 235

18th July 2007, 05:25 PM	#7 (permalink)
monkeynuts Rank: Beginner Last Online: 21st July 2007 06:01 PM Join Date: Jul 2007 Location: lancashire Posts: 14	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 __________________ dont put hamsters in here... they dont likes.
vChips: 269

2nd January 2008, 02:03 AM	#8 (permalink)
migwah Rank: Member Last Online: 13th July 2008 10:23 AM Join Date: Jan 2008 Posts: 33	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 __________________
vChips: 1,835

5th January 2008, 07:51 PM	#10 (permalink)
migwah Rank: Member Last Online: 13th July 2008 10:23 AM Join Date: Jan 2008 Posts: 33	Think he just did it per pack as every scratchcard pack comes in a £120 value if that makes sense. __________________
vChips: 1,835

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