The El Gordo Loteria is part of the Euromillions Euro lottery, but if that’s all you happen to know you definitely need to find out more. Highly regarded for having one of the world’s largest jackpots, this simple wager offers payouts up to 2.6 billion Euros. And neither is this the lottery’s only claim to fame! With over 13,000 prizes available, the odds of winning something mean that there’s one winner per six tickets. A remarkable rate when compared with other international lotteries. Each month the Euromillions Euro lotto holds a draw. Three months each play host to bigger lotteries featuring even bigger prizes. More specifically: January’s “El Nio”, summer’s “San Ildefonso”, and held around Christmas, “El Gordo”with the Christmas El Gordo draw being the biggest of the lot. In an atypical approach to draws, the balls required by the El Gordo lotto display five digits on each, in a numerical range from 00,000 to 84,999. One ball apiece is drawn from two bowls; the first bowl determines the winner, while the second determines what the ticket is worth.

Wondering how you enter this lottery? You have two choices; the first is that you can buy a “serie” or a full ticket. There is also a cheaper option; called a “décimo” valued at one-tenth of a full ticket. Neither choice is particularly cheap, however, and obviously neither has a better chance of being one of the one in six winning tickets. That’s why many players of the Euromillions Euro lotto instead use the e-lottery system. Everyone is guaranteed to win a prize when they participate in the e-lottery system. All you do is buy into the Euromillions Euro Lotto syndicate and you’ll be divided into teams. Each team is assigned an identifying number from 1-9, the last digit of the winning number in the draw being used to identify the team which will win the money. A fair division of the prize among the members follows. In anticipation of the next draw, the syndicate takes subscriptions once again and the e-lottery continues. Some players feel a little concerned when they hear that they would have to share these big payouts. What you have to remember is that when the amount being divided is 2.6 billion Euros, a share is still a substantial return. You’ll find the syndicate system is far more cost effective, and with the knowledge that you’ll share in a prize every month, there are no worries about losing all the time. E-lottery is the best way to go…

This entry was posted on Saturday, November 7th, 2009 at 9:05 pm and is filed under Bookmakers Stuff, Gambling World, Misc Stuff. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.