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MARCH 11, 2020
5 lotteries with better chances than your local lotto - including one you may never have heard of
When you start out buying lottery tickets, you most probably bought tickets for your local lottery. It is the simplest way to try your luck and hope to win a decent price. All you have to do is walk to a shop or a supermarket where tickets are available. There is nothing wrong with that choice. The only issue is that most of the time, you are not getting the best value for your money.
4 factors that are important for the mathematical probability of success when playing the lottery
How much does a ticket cost?
What is the amount you can win if you score the jackpot or, at least, the top-tier prize?
What are the payouts for the lower prize tiers?
What are the probabilities to win each one of those prizes (defined by how many numbers the lottery uses, and how many correctly picked numbers are needed to win)?
Below, we are listing a ranking of the top lotteries with better overall winning chances, compared to your local lotto. Be sure to check the last one - you may have never heard of it, but it is our top-ranking lottery and our best pick due to the excellent odds and prizes it has to offer.
But first, let's talk about how to choose a lottery. On our website, you have more choices than what your local lotto shop offers. Playing lotto online, you are in a much better position because you have a large number of lotteries and jackpots at your disposal.
If your motivation for buying lottery tickets is the same as everyone else's, then you are mainly interested in winning larger amounts of money. In that case, the main factor is the size of the jackpot. So, always going for the lottery which currently offers the biggest jackpot is going to work for you. Even if the tickets cost you more than what the tickets for your local lottery cost, it does not matter. It is better to pay twice the amount for a ticket if the potential reward is 5 times higher. In most cases, one of the jackpots you can play on our website will be 10, 20, or even 100 times higher than what your national lottery has to offer.
Luck will always be a factor
Of course, you know that for you to win a top prize in the lottery, you will need a lot of luck. But you still should take a look at the probabilities, because there are huge differences between the lotteries when it comes to that. To keep things simple, for our ranking we will only look at the probability of winning the jackpot for the various lotteries, and the jackpot sizes.
Our lottery ranking - all these are better than your local lotto
5. Superenalotto - this Italian lottery has a probability of 1 in 622 million to win the jackpot, but the jackpots are often in the range of €50 million or more.
4. Euromillions - the odds to win the jackpot are 1 in 140 million, with a minimum jackpot of €17 million. The record jackpot is €190 million.
3. Mega Millions USA - 1 in 302 million odds, but the jackpots are simply huge, with a record high of around $ 1500 million!
2. Powerball USA - 1 in 292 million probability to win the jackpot, and the jackpot sizes equal those of Mega Millions. Powerball has had a historical top prize of more than $2 billion, even higher than Mega Millions!
1. Eurojackpot - this lottery offers the highest probability to win the jackpot (1 in 95 million). The minimum jackpot is €10 million. Also, when the jackpots reach their cap amount of €120 million, you could win the jackpot with only 5 numbers plus one extra number. That means your probability of winning is only 1 in 6 million.
About the scanning of lottery tickets bought online
Do you really need to get a scan of your online lottery tickets? Read more
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NOVEMBER 11, 2019
Is it possible to win with an online lottery ticket?
If you’ve been thinking about playing the online lottery you’re likely a little curious and maybe a little bit skeptical about just what it means for you, right? You want to make sure that online lottery winners are real and that you can actually get a prize. Well, we’re going to talk all about that, but the short answer is that you absolutely can win with an online lottery ticket.
Winning with a regular ticket vs. winning with an online ticket
There is no difference! Okay, maybe we should take a closer look here, but you’re actually not going to have a difference playing with a ticket you picked up at your local store or a Euromillions ticket you purchased online. That’s true for all lottery online winners. You’ll be able to win the same types of prizes, play the same games, and more. There’s nothing that’s actually different about it. That makes it a whole lot easier for you to play and to enjoy yourself when you’re playing, no matter which way you decide to go about it.
How can we know which winnings were made with online lottery tickets?
The truth is, you can’t know whether someone won a prize from an online ticket or from a ticket they picked up at the store. There’s no way to know because no winner is required to divulge that information and there’s no record. So, when you see someone who just won a great prize on TV or when you see a note in your local paper or online that someone won a prize you won’t ever be able to know where they bought that ticket unless they decide to tell (and why would they?).
Will online lottery winners be made public if they win a jackpot?
Lottery online winners are made public if they win a jackpot because they’re required to pick up the check in person. This is generally so that they can be shown off to the general public and so everyone else knows that there really are winners to these games. But, you’re not required to say how you got the ticket. That means you don’t have to divulge that you bought the ticket online or in a store or at which store or website you purchased it. You can keep all of that information completely secret.
Will a commission be deduced if my online ticket is a winner?
When you buy a lottery ticket online you pay a small fee for the purchase. But that fee is the only thing you have to pay. If you win anything off the ticket you get the full amount transferred directly to you. There’s absolutely no commission charged. That way, you don’t have to worry about sharing anything. After all, you spent the money to purchase the ticket. You wouldn’t expect the cashier who sold you a physical ticket to take a commission on your winnings, would you? No one online is going to either.
What about online players who win smaller amounts?
If you win small amounts online you’re not going to have to worry about going public. Instead, you can keep your identity completely private and your winnings will just be submitted directly into your online account. This makes it easier for you to keep playing and keep purchasing the tickets that you want. No one knows anything about the people who win smaller prizes because they’re just not as exciting. You also won’t have to worry about missing a win because when you’re playing online the win comes through to you automatically.
What are the advantages of playing the lottery online
There are actually a number of benefits and advantages to playing the lottery online. You’ll be able to get your tickets more conveniently, first of all. You’ll also be able to claim your wins much easier. And you’re going to have the ease of simply picking out tickets whenever you want.
How can I check whether my numbers have won?
If you play online you won’t have to worry about whether you’re one of the lottery online winners. We will tell you. So, when you log into your account you’ll be able to see your ticket and which numbers matched in the drawing that you purchased it for. Then, you’ll see just how much you won and it will be deposited into your account as long as it’s under €2500. If it’s a higher amount we will make arrangements so that you will be paid by the lottery commission of the lottery you won in.
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NOVEMBER 11, 2019
Jackpot winners, drawn numbers and payouts in the history of EuroMillions
Are you interested in the EuroMillions draw history? If you are then you’re definitely not alone because there’s a whole lot of people who want to know more. After all, the more you know about the game the better your chances of winning, right? You want to make sure that you have the biggest opportunity to win the next drawing and we’re going to help you understand everything possible about the way to do just that.
How are EuroMillions numbers drawn?
First, how are the numbers actually drawn? Well, if you know your EuroMillions draw history you know that these numbers are drawn from a large bin. In fact, the numbers are dropped into a round tub that then rotates them around and one at a time numbers drop to provide the five regular numbers. Then, the same is done with a second, smaller tub, for the two lucky star numbers. This gives you all of the winning numbers, which will actually be drawn live. That way, you can watch as each one of the numbers drops and see if your numbers are a match.
What are the payout tiers?
There are a total of 12 different tiers where you can win something through your EuroMillions ticket. In general, if you match at least 2 of the regular numbers you’re going to win some type of prize. If you match 1 number but also match both of the lucky star numbers you’ll also be able to win a prize. The actual prize you earn will vary based on how much the jackpot actually is at the time, but the following combinations can win in order of prize amount. This means you could win with a match of as few as 2 regular numbers or 1 regular number and 2 lucky star numbers.
Regular Numbers + Lucky Star
5 + 25 + 15 + 04 + 24 + 13 + 24 + 02 + 23 + 13 + 01 + 22 + 12 + 0
History of changes in the rules of Eurojackpot
One of the biggest rule changes that have happened in the EuroMillions is the cap that was put on the winning jackpot. The jackpot will freeze after 19 consecutive draws with no winner, and the prize must then be won within 5 draws or the prize is split between those who match the most balls in a lower tier. This keeps the jackpot from rolling over for too long or from getting too large.
Another rule change occurred in June of 2019 when a new prize level was added for those who match five balls plus one of the bonus balls rather than having to match all five of the regular balls plus both of the bonus balls. There is now a £1 million prize for those who match this smaller number rather than being required to match every one of the numbers from the draw in order to win something.
What were the largest jackpots paid out in 2019?
The absolute largest jackpot in history that was paid out in 2019 was also the second-largest won at £170 million. This was actually in October of 2019. Other large jackpots also occurred in the same month or right around the same month with 3 other winners coming in between £168 million and £169 million in September and October of 2019. These are some of the largest jackpots that have ever been recorded, with 4 of the top 5 happening during this time.
The ten largest payouts in EuroMillions history
When it comes to EuroMillions there have actually been over 2 billion prizes since the game started back in 2004, but when we’re looking at the largest prizes, the jackpots, that’s a far lower number. The largest jackpots are something else to consider.
Jackpot - Won On€190 Million October 8, 2019€190 Million August 10, 2012€190 Million October 24, 2014€190 Million October 6, 2017€187 Million June 7, 2013€185 Million July 12, 2011€183 Million February 3, 2006€183 Million November 17, 2006€177 Million February 23, 2018€175 Million February 19, 2019
Which numbers have been drawn the most this year?
There are a number of different numbers that have come up frequently over the course of this last year. In fact, the most common numbers are 17, 20, 23, 44, and 39. The most common lucky star numbers are 2 and 3.
If you’re looking a EuroMillions draw history you’re going to want to know which numbers to play for the best odds, and likely just what you could be setting yourself up to win. Hopefully, you know what you need now.
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NOVEMBER 10, 2019
What are all those free online lotteries about?
Have you been seeing advertisements to play lottery online for free where you can win something without ever having to pay for a ticket? If you have then you’ve probably thought about trying it out, right? After all, who wouldn’t want to get a free ticket and win a lot of money? But you may have been a little bit cautious about whether it’s really a good idea to get involved. Well, here’s what we have to say about it.
How is it possible to win something without paying for a ticket?
The truth is, it’s not. If you don’t directly know the organization that’s offering you a free ticket (and by that we mean you would walk up and talk to the person running it) you’re likely getting involved with a scam. These free lottery scams are not going to give you a chance of winning because they’re likely not even running an actual lotto or even doing anything where you could win a prize. That’s why they’re really a scam, and we’ll talk about just why they’re doing this below.
Is there actually a chance of winning something?
So, can you win something if you play the lottery online for free? Unfortunately, no. You’re not going to be able to win a prize by getting involved with a free online lotto system. These programs are not created for you to be able to win and they’re not created for you to be able to even understand what’s going on, because if you understood you would likely never give them your information, and that’s what they’re really looking for.
That means you’re going to be putting your money in and possibly doing other activities for them without the chance of actually getting anything in return. That’s definitely not a good use of your time and it’s not something that you want to bother with. Instead, look for legitimate sites where you’ll be able to purchase lottery tickets and win actual prizes.
What is the purpose of those free lottery scams?
So, what’s the purpose of these free lotto scams? The purpose is to get your personal information. When you fill out the information to get your ‘free lotto ticket’ you’re actually giving the people claiming to run that drawing your name, address, phone number and possibly even account information. All of that information can be used to steal your identity or to sign you up for other services. At the very least you’re going to get a whole lot of spam emails, phone calls, and mailers. At worst, you could have your identity stolen.
It’s extremely important that you don’t give out your information to any of these scams and if you have, contact your local law enforcement for more information about what you should do to protect your identity. They will be able to give you some advice on your next steps so you can protect yourself from being taken advantage of.
Is RedFoxLotto a legal service?
Luckily, RedFoxLotto is very much a legal service. You will be able to enter your information into our secure site and you’ll never have to worry about us spamming you with content you don’t want or passing off your information to someone else who might. You’ll be able to enjoy playing a completely legal and real method of lotto instead. We have secure systems in place throughout our website, so you can feel comfortable browsing and you can feel comfortable when you’re ready to make a purchase.
Can I get free tickets at RedFoxLotto?
Unfortunately, you’re normally not going to be able to get free tickets through RedFoxLotto. We charge for the tickets because we have to pay for the tickets and that way, you can win the money that you deserve. When you buy a ticket with RedFoxLotto, however, you know you’re actually participating in the lotto for real, and not one of those play lottery online for free scams. You’ll know you’re actually joining into a real lottery game, and that your identity and your information is going to be completely safe while you do.
All that said, we do run promotions from time to time. For example, you will sometimes get an extra ticket for free when you buy tickets for the first time. Those promotions are bonus offers for our paying customers, and that is a different matter entirely.
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NOVEMBER 9, 2019
Can I legally play and win the lottery with an online ticket?
The simple answer to the question is: yes, you can. In the age of the internet, it is impossible for the government of your country to keep you from buying lottery tickets over the internet. Your government may declare it illegal to run a lottery (or an online lottery ticket service) from their jurisdiction. They may even try to block your access from such sites (which can easily be circumvented by using a Virtual Private Network or VPN to ensure that your IP address is masked and to protect your privacy). But that is all they can do.
Since our service is being brought to you from a company that is located in a jurisdiction where online lottery is perfectly legal, your government has no power to stop our business model. And legally speaking, you are not "gambling" in your own country (which may actually be illegal there), but you are doing it online.
Can I get my winnings without breaking any laws?
Yes. Let's assume you win a small prize of up to €2500. In this case, we will credit your RedFoxLotto account, and you can cash out that money the same way you paid for your ticket or the same way you made a deposit. For example, if you paid with a credit card, you can get your winnings paid into your credit card account.
If you win an amount higher than €2500, the procedure is going to be different. You will have to fill out a form that we send you online, including instructions on how and where you would like to be paid (check or bank transfer), sign it and send it to us. We will then forward it to the lottery commission, and they will pay you.
What are the legal aspects if I win a jackpot?
Well, first of all, none of the lotteries we are offering has any rules that you have to be a citizen of that specific country to be able to play their lottery. So all those lotteries will pay, even if the winner is a foreigner.
The only problem is that the two big US lotteries Powerball and Mega Millions, in the past, have insisted that jackpot winners be present for the handing over of the winner's check, and their names are made public. On the other hand, one winner has recently won a lawsuit insisting he had the right to stay anonymous.
If you were to win one of those US jackpots, we suggest that you get a visa for the US and simply follow the protocol of the lottery. And if it is impossible for you to get such a visa, you can always get a lawyer in the USA (we can help you with that), and that lawyer will make sure you get paid.
One thing that we would advise you if you do not trust your government or your local banks, is to create a bank account in a "friendlier" jurisdiction and cash in your check there.
Does my country of residence matter?
It does not, at least not in most cases. The only case where it does matter is if you live a) in the US or b) in the Netherlands or one of their colonies, such as Curacao. Why is that so? Because a) it would be illegal for us to buy tickets for the US lotteries in the US in order to sell them to US citizens, and b) because our gambling license is from Curacao, and that license allows us to offer our services to anyone except citizens living under the jurisdiction of the Netherlands. And that includes their colonies, one of which is Curacao.
Asides from those exceptions, we can accept customers from anywhere in the world, and you can legally play any lottery that we offer.
Which lotteries can be played legally?
All the lotteries that we offer on our website can be played by you unless you are affected by any of the exceptions mentioned above.
I am having problems finding a payment option that works for me
This can be an issue. Due to the fact that governments have no legal power to prevent you from playing online, they may try to make it difficult for you to make payment. Also, each one of the many payment processors we can offer you has its own set of rules. Sometimes they simply decline your payment because of their risk assessment, and often enough they do that because of your country of residence, the bank that issued your credit card, etc. This is just a technical issue though and does not affect the fact that it is legal for you to play those lotteries online.
If you experience such issues, we suggest that you try using a different payment method. The methods with the least limitations are Bitcoin and Paysafecards. Use a VPN if necessary. And of course, read our FAQ, and feel free to contact our support if you cannot find an answer to your question in the FAQ.
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NOVEMBER 6, 2019
About the scanning of lottery tickets bought online
Some online lottery ticket providers offer their customers the service of uploading a scan of your tickets into your account. This is meant to be proof of the fact that they actually bought a physical ticket for you.
Others pursue a different business model - they do not buy tickets at all. Instead, they work with insurance companies in order to cover eventual wins. In such a case, they do not give you a scan of your online lottery ticket. Most of the time, they will be honest about their business model by declaring that when you buy a ticket on their site, you are actually placing a bet on the outcome of the lottery. For you as a customer, this does not really make a big difference. What matters is that you get paid if you win and that you get paid the same amount that the lottery pays out, depending on your win.
Some online lottery providers, though, work with a network of agents who buy physical lottery tickets for their clients. So does RedFoxLotto. We do not use insurance companies, you are not betting on the lottery - you get an actual ticket.
What does RedFoxLotto do with the purchased tickets?
Our agents confirm the purchase to us and then put the purchased tickets in a safe place. There is no need to scan them. When a ticket wins, we pay out the winnings to our customers directly, unless he wins more than €2500. If the winnings are higher than €2500, we forward a claim form filled out by you to the lottery company, and they will then pay you directly.
What happens if a lottery ticket wins?
For winnings under €2500, our agents cash in the ticket. Actually, you will get the winnings in your RedFoxLotto account before we get the money back when we present your winning ticket at the lottery shop where we bought it.
Why does RedFoxLotto scan the tickets purchased online?
The answer to this question is simple: transparency. Scanning all those tickets is a very time-consuming work. But we want our customers to see that they are getting an actual ticket, and not placing a bet on the lottery.
Our clients can always see the tickets and the numbers they picked in their accounts. And we always pay out the winnings. If we did not pay out winnings, even to just one customer, in the age of the internet our clients would certainly find out about it. The trust of our customers is our most important capital.
Best lotteries to play
Don't just play any lottery - here are the best lotteries you can play from anywhereRead More
Although, with some lotteries, getting a scan of the ticket is not possible. The reason is that in some countries, the agents buying the tickets simply do not offer this service.
Read More Euromillions
NOVEMBER 5, 2019
Small 2 or 3 numbers wins at Euromillions
Most people aim to win big when they buy a ticket for Euromillions. Winning the jackpot is, of course, everybody's dream. But let's not forget the smaller prizes. These prizes will not make you rich, but they will allow you to buy some tickets for the next draw. After all, no matter how many times your numbers win, in order to cash in on a really big prize, it is important to stay in the game.
2 matching numbers on your Euromillions ticket
This is the lowest prize tier in the Euromillions lottery. Your chances of having 2 of the main numbers on your ticket are 1 in 22. 2 matching Euromillions numbers will, on average, pay around €3,00.
2 Euromillions numbers plus 1 Star number
On average, this will win you a prize of €6,00. Your chances of winning this way are 1 in 50.
2 Euromillions numbers plus 2 Star numbers
With a probability of 1 in 986, this prize tier will pay approximately €15,00
3 matching numbers on your Euromillions ticket
Expect to get paid approximately €10,00 when your ticket matches 3 of the Euromillions main numbers. The chance for 3 of your numbers to be drawn is at 1 in 314.
3 numbers and 1 star number
The probability for this win is 1 in 707, and you will win an amount of app. €12,00.
3 numbers and 2 star numbers
For the prize that you win when you match 3 main and 2 star numbers, you will be able to buy a considerable number of new tickets. On average, this will net you a prize of around €80,00. But the probability for this to happen is 1 in 14126.
And by the way, the odds of 5 plus 2 matching numbers are 1 in 139,838,160. So your chances for that jackpot are small, but in spite of that, the jackpot gets cracked every once in a while, so keep trying!
Basic rules of Euromillions
First, you have to pick 5 numbers out of a range between 1 and 50. Next, 2 "Lucky Star" numbers, which can range between 1 and 12. For obvious reasons, you cannot pick the same number for both the Euromillions lucky star numbers.
There is a total of 13 prize tiers, and the top tier is the jackpot. In order to crack the jackpot, you need all 5 main numbers and the two lucky star numbers correctly on your ticket.
Euromillions tips
First, be on the lookout for the Superdraws. Those are held twice a year - the jackpot is raised to €100 million for the next draw. And if nobody has enough matching numbers to win the jackpot, then the top prize will be even bigger than €100 million in the next draw.
Second, there is the jackpot cap, which comes into effect when the main prize hits the €190 million mark. At this point, all the funds that would normally increase the jackpot even more, will go into the second prize tier. That makes the second prize tier (5 main and 1 lucky star number - probability of 1 in 6,991,908) a lot more attractive. And if the jackpot has still not been cracked after 4 draws for the capped amount, then it will be paid out to the next tier in which there is a winner (or winners).
Given the fact that often enough, no player matches 5 plus 1 number, you could win a share of the jackpot of €190 million with 5 matching numbers! And the odds for that win are a lot better, so this would definitely be a time when you really should buy some tickets!
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OCTOBER 12, 2019
Listing Euromillions and Eurojackpot odds, tiers and prizes
If you are interested in playing either Eurojackpot or Euromillions, it is important for you to know about the potential winnings of both lotteries. Most players are, of course, mainly interested in winning the jackpot. On the other hand, the other prize tiers are also something to consider.
Do not just look at the top prizes
If you do not win the main prize, you might still win a minor prize. That may not be for a life-changing sum of money, but it is something at least. And you can always use that money to buy some more tickets for the next draw, right?
Euromillions jackpot rules
The Euromillions jackpot starts at € 15 million and can go up to € 190 million. If it reaches the capped amount of € 190 million and there is no winner in the first tier (nobody has the five main and two additional numbers correctly), all funds from the next round of ticket sales will be added to the amount that can be won in the second prize tier, and the € 190 million jackpot remains untouched and can be won in the next draw. And if the jackpot stays at €190 million during 4 more draws, then it will be split and paid out to the next prize tier that actually has a winner (or several winners).
This is a great reason to play Euromillions when it is capped - the second prize tier becomes so much more attractive, and the odds for the second prize tier are one in 6,9 million, compared to the probability of winning tier one, which is one in 139,8 million
Also, you need to know that twice a year, a super draw is announced. For that draw, the Euromillions jackpot is set at €100 million, no matter what the jackpot was for the previous draw.
Euromillions prize tiers
Eurojackpot jackpot rules
The Euromillions jackpot starts at € 10 million and can go up to € 90 million. Though there are two weekly draws, on Tuesday and Friday, the Eurojackpot usually takes a little longer to build up. But when it does, the odds to win a jackpot at Euromillions are more than two times better than they are at Euromillions (see the prize tier images).
When the capped amount of € 120 million has been reached and there is no winner in the first tier (nobody has the five main and two additional numbers correctly), all funds from the next round of ticket sales will be added to the amount that can be won in the second prize tier, and the € 120 million jackpot remains untouched and can be won in the next draw. In that situation, the second tier win will be enormous, with odds that are 12 times better from the player's point of view!
There is no super draw for Eurojackpot.
Eurojackpot prize tiers
The odds of winning the Eurojackpot tier 1 prize is 1 in 139,838,160, with a 1 in 6,991,908 chance for the tier 2 prize.
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SEPTEMBER 15, 2019
How to improve your winning chances
Every lotto player tries to improve his odds to win the lottery in one way or the other. It is only natural that they look for a lottery strategy or some type of system, considering the fact that the probability of winning a top prize, or even a jackpot, often is one in hundreds of millions. So let's talk about the options there are, which ones are working and which ones do not work. Please be sure to check the last two chapters, since they contain the most important tips for you as a lotto player.
Is there any lottery strategy that can guarantee a win?
Some people will tell you that they have a lottery system that works 100% of the time, and they are willing to share it with you for just a little bit of money. Don't fall for that. Nobody can guarantee that you will win money playing the lottery.
There are some mathematical models that can improve your chances, but even if you use the best mathematical lottery system, the odds are still against you. So don't spend money on software that claim that they can guarantee you a win, those are just scams.
Using a cold and hot numbers lottery strategy
This is one of the lottery strategies based on math, and it can actually improve your results. But even if you go ahead and exclude all numbers that have won in the past weeks, and even assuming those numbers will not come up in the next lottery draw, that still leaves a large number of possible combinations. It is a mathematical fact that because one combination of numbers has come up the week before, the probability for that combination to be drawn again a week later is just as high as for any other combination.
So while this lottery system can slightly improve your winning chances, there is no guarantee that it will get you that win.
Using your personal lucky numbers
This is the most popular lottery strategy. People just love to pick numbers that have a special meaning to them, such as birthday dates, numbers they see on their way to work, etc. And if they are lucky, those numbers may actually win at some point. Nevertheless, this is not really a strategy, it is just a different way of picking lotto numbers.
Playing the same numbers all the time
This is something many people do, and there are a few arguments in favor of this strategy. Let's say the odds are one in 50 million for one draw. Then by playing the same numbers 50 times in a row reduces the odds to 1 in 1 million, right? It is true, but the effect is basically the same as if you would just buy more tickets. On the downside, once you start using this strategy, you do not want to stop playing those identical numbers combinations, for fear that once you stop, those exact numbers might win the week after. How would you feel then?
Financial discipline
Of course, you can buy more tickets, play more often, even play more than one lottery. The more often you play, the more often you will win, that is for sure. But at the end of the day, it is all about the balance between how much you spend and how much you win. So our advice is to use a small fraction of your monthly income to buy lottery tickets. Make sure you do not spend money you cannot afford to lose. See those lottery tickets as a means to add some excitement to your life. Hope to win, but be prepared to lose. And read the last paragraph, because it tells you how you can actually improve your mathematical odds to beat the lottery with a strategy.
Which lottery strategy is the best?
As long as you always play your local lottery, you will buy tickets for the same lottery all the time, whether the jackpot is high or not. But this is not really clever - what you should do is to only play when there is a substantial jackpot! When all other factors (price per ticket, the probability to win) are equal, the amount that you can win makes all the difference. In mathematical models, there is a term called winning expectation, or expected value. This mathematical value is defined by the number of possible outcomes, the ticket price and the amount that can be won.
So logic and mathematics dictate that your chances are better when the jackpot is higher. The only lottery strategy that works is to invest in tickets when the jackpot is high, and not to play when it is not. And that is the strongest argument in favor of using an online lottery ticket service such as ours. With more lotteries to choose from, you can simply pick the highest jackpot and spend your lottery money where your expected value is highest.
On our site, you will always find at least one or two substantial jackpots, so you do not have to wait until your local lotto jackpot is big enough for you to play!
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JULY 25, 2019
A beginner's guide to Bitcoin wallets
It doesn’t have to be difficult for you to open up a Bitcoin wallet, to buy or sell Bitcoin and even to make purchases with that Bitcoin. You just need to know what you’re getting into and we’re going to help you with all of that and more. When you’re ready to get started in the Bitcoin realm you’re most definitely going to want as much information to start out as you possibly can.
How to Open a Bitcoin Wallet
There are several different services that you can use to open up a wallet, but one of the most popular ones is Blockchain. This service is simple to use, it has a secure method of software and it’s going to give you the features that you’re looking for. So, just how are you going to create your wallet?
Go to the website. The website that you want is Blockchain.info and you’re going to want to be careful to check the site itself. It should show as an https and it should give you a certificate of authenticity in the form of ‘Blockchain Luxembourg S.A.R.L. [LU] in the section directly next to the URL that you type in.
Next, you just complete the super simple sign-up process to create your own account. You’re going to need an email address and you’re going to want a secure password. Treat this account the way you would treat any other bank account and make sure your password is something that no one is going to guess easily.
Secure your wallet with that password as well as by using a backup phrase, which you can create as a form of secondary password to log in to your account. You’re also going to want to print or copy all of the recovery passwords that are provided so you can make sure that you are able to get into the account if you forget your password.
Next up you’re going to want to link your cell phone number so that you get notifications about everything that happens in your account and you’ll want to enable the 2-factor authentication. All of this is going to make it more time consuming for you to log into your account, but it’s definitely going to keep your money much safer.
You’ll also want to make sure that no one from the TOR network is able to get into your account. This is super simple because all you need to do is tell Blockchain to block any IP addresses that come from this network.
Just like that, you’re all finished.
Now, there are plenty of other wallets out there that you can use and you may want to take a closer look at several of them, but you’re going to be ready to go in just a few simple steps (less if you don’t follow all of the security aspects but that’s not recommended).
How to Buy Bitcoin
The next thing you’re going to need to know how to do is how to actually purchase Bitcoin. One of the best ways you can do this is to go through a trader because it’s going to be a whole lot easier for you to do if you’ve never tried it before. On the other hand, there are plenty of options for going through a peer-to-peer service as well. These are going to make it easier for you to purchase directly from a Bitcoin seller.
If you want to purchase Bitcoin you’ll need a debit or credit card or you’ll need the information to make a bank transfer, also called an ACH debit.
Go through the Bitcoin exchange and look for the specific type of currency you want to purchase. You’ll have the option for Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, though some interfaces and exchanges will give you the opportunity to purchase more obscure forms of the currency as well.
Make sure you select the tab to buy currency and not to sell currency. If you already have anything in your wallet you want to make sure that you’re going to keep that currency available until you want to sell it out. These should be separate tabs through the exchange.
Choose the currency type and amount that you want and the payment method that you’re going to use. You’ll be taken through a checkout process similar to anything else that you might buy online.
Once you’re finished you can leave currency in the exchange or you can transfer it to your Bitcoin wallet to make sure that it’s even more secure. This also gives you better access to your Bitcoin if you should have trouble with the exchange that you used.
When you go through the process of purchasing Bitcoin it’s actually going to be easier than you might have thought. There’s not much to it and even though there are a number of different types of this currency and even more places to buy and sell it, the process is generally going to remain the same. Just make sure you know what you’re getting when you start the process.
How to Sell Bitcoin
When it comes to selling Bitcoin you want to make sure that you’re using a secure exchange or peer-to-peer network. You want to be sure that you’re going to get the best price possible and that means treating the exchange something like a stock market. You want to pay attention to just how much your specific currency is worth at the time that you sell and on which exchange.
Do your research on the different prices for the currency you want to sell and where you can get the best return for your currency.
Next up, you’re going to want to think about just how much you want to sell. Pay attention to the price that you paid, the price you can get and how much you think the prices are going to fluctuate over time.
Once you decide on how much you’re going to sell out you want to go through the exchange and set up the method you want to receive payment in and make your sale. This will require you to select the "sale" tab and to select all the options we mentioned.
From there, you’re going to go through the sale process in a way that’s very similar to checkout and you’ll be able to get rid of your Bitcoin (or other similar currency) and move on with whatever else you might want to do.
Selling Bitcoin is even easier than buying it and you’ll be surprised just how much you could make if you’re doing it the right way. If you’re really good about your exchanges and paying attention to price fluctuations you could stand to gain a whole lot or you could gain just a small amount. It’s going to be up to the market and you.
Using Bitcoin for Payment
Another thing you can do with Bitcoin is to make payments. Now, paying with Bitcoin is going to be a little different from paying through a PayPal account or any other type of online account. It’s also going to be different from paying with Apple Pay or Google Pay or even paying with a credit card.
The first step is that you need to be buying something from a merchant that works with Bitcoin. You want to make sure you talk to them about what they accept before you’re ready to make a purchase.
Have them send you an invoice through BitPay and the Payment Protocol for the product or service that you are purchasing. This invoice is extremely time-sensitive, so make sure that you’re watching for it.
Make the payment for the invoice through your service. You generally have approximately 15 minutes to make a payment on an invoice before it goes away, so make sure that you pay attention to this window and make the payment so your merchant doesn’t have to make a new request.
Payment can be done by scanning a QR code and opening it within your wallet. This requires you to have two different devices, one that will show the QR code and one that is going to scan that QR code. Your device will then give you the option to open it in your wallet and make the payment.
The next option is that you can look directly at the invoice and open the wallet from the invoice. You just have to verify your invoice from the wallet and then you can quickly and easily make the payment that you need.
Finally, you can take the URL from the invoice itself, paste it into the ‘send’ field of your wallet and it will fill in the payment details. Make sure that you have everything you need and that everything is accurate and then just go ahead and initiate the payment.
When it comes down to it, making a payment is going to be extremely simple. Just make sure that you have your device ready and that you have contact with data so you can get into your account immediately. That way, you don’t have to worry about how you can make the payment within the 15 minutes you have on the invoice.
No matter what you’re planning to do with Bitcoin you’re going to want to know how to make it work for you. That means you’re going to want to know how to get it for yourself, how to store it properly and safely and definitely how to use it. So, take a look and see just how you can use Bitcoin for yourself and what it’s going to do to make a difference for your finances, your investments and a whole lot more. It’s definitely going to be an interesting process.
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