Personal Finance

Playing Lotto to Win

Many people, if not most, would not think to include gambling as a helpful 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 entertainment; but what if you want to gamble to actually produce income?

Lotto is one of the most widespread forms of games of chance. Although no one has yet perfected the technique or the formula to second guess the winning combination, many have figured out how to make positive earnings by guessing the probable winning combinations. Some rely on intuition, others on mathematics. The best chance you have of striking the winning combination depends on how you use the most vital ingredient required for every day living – commonsense.

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

Playing in syndicate is also a good idea but then you have to share your prize money with all the members of the syndicate; this means you still keep your job and report back to office on the following Monday. Categorizing numbers doesn’t require a lot of mental ability. What you essentially do is target a group of numbers and try out numerous combinations. For example, if you have deduced that 1 to 9 may be the combination 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. You may not necessarily hit the jackpot with this system, 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 demands that you play alertly. If you are targeting the group from 1 to 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 chance of hitting the jackpot or any small prize is practically zero. It means that 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 each time you play, your chance of hitting the jackpot goes up dramatically. If you are going to gamble, do so intelligently, and play to win.