Lottery Betting

Lottery betting allows you to bet on numbers being drawn in a lottery game without demanding that you play the lottery itself. The advantage of lottery betting is that it allows you to win when just one of your numbers is picked.

Think of the Irish Lotto. This is a 6 from 45 game and you would need to pick six numbers and match at least three to win a prize. However, if you visited an online betting site such as William Hill, you could bet on just one number appearing. Place six bets – one for each of your usual six numbers – and you will win cash for every number that is drawn. With a payout of 6.5 to 1 for each correct single number, you would only need one number to cover your entire lottery betting outlay for all six bets. Get two or more numbers and you would make a nice profit.

Of course, if you really want to go for the big money with lottery betting you can do so. Again, using the Irish Lotto as an example, you could pick five numbers and bet on all five being drawn. If you succeeded, your bet would be paid off at odds of 100,001 to 1, giving you plenty of cause for celebration.

For those of you who have a particular number that you consider to be lucky, you could place a bet on that number and play the associated lottery as normal. That way, if your lucky number is drawn you make enough profit from your lottery betting to cover the bet and the lottery entry and still have something left over. And obviously, your lottery entry has the chance of winning a much bigger prize is several or even all of your numbers are drawn.

Lottery betting won’t appeal to everyone, but it does have advantages, so if you are interested be sure to take a look at the kind of bets that are available. Who knows – you might win several times over!

Article Last Updated: 18/03/2009 18:13:37

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