Euromillions again.

dxhound2005

Harry Palmr wrote: »

this is deffo the better way to spend a few euro if you want to win some money, it'll never be a yacht buying fund but handy if it comes up

Big wins on those bookies games are probably as rare are Euromillions jackpot winners in Ireland. Simply because of how few "tickets" would be in the draws, and the nature of the system e.g. get four numbers out of five you win nothing.

It wouldn't be unknown for gamblers to exaggerate their winnings, and I cannot find any bookie online giving anything near the odds quoted on that posted you answered.

Harry Palmr

PP euromillions four numbers - 33001/1

Scotty #

Wanderer78 wrote: »

you ll find most wealth is in the form of assets, i own assets, ive worked hard to be able to buy them, i havent worked hard in watching them grow in value, i suspect most wealthy individuals have worked even less than me in regards watching the value of their assets grow. the hardest amount of work ive done in watching the value of my assets grow, is turning on some sort of computerized device to view their value, i suspect wealthy individuals get others to do it for them

I'm not sure what point you are trying to make? Anyone who has built an asset from scratch has 'earned' that asset, regardless of it's value, inflation, etc.

Wanderer78 wrote: »

is it really?

Yes.

dxhound2005

No winner of the €200 million 08 Dec. Nice bonus for the 4 5+1's who each get €5,684,144. None of those in Ireland.

Trouser Snake

dxhound2005 wrote: »

No winner of the €200 million 08 Dec. Nice bonus for the 4 5+1's who each get €5,684,144. None of those in Ireland.

Ah ffs I didn't even get to check my tickets.

Scotty #

dxhound2005 wrote: »

Nice bonus for the 4 5+1's who each get €5,684,144

A nice sum that would keep most happy for the rest of their lives without the mayhem that €200m would bring.

Signore Fancy Pants

2 Irish people got 4+2 numbers and got €1,490.

That would haunt me, imagine being 1 number away from €200mil.

yerwanthere123

Saw this thread on the main page and assumed the jackpot had been won in Ireland. I got excited and was already planning my new life ffs

Scotty #

Harry Palmr wrote: »

PP euromillions four numbers - 33001/1

Not any more. Only one bookies (Boylesports I think) are still taking bets on Euromillions.

Deleted User wrote: »

A local guy a few years ago placed a bet in Ladbrokes, that a certain 4 numbers would be drawn in the Irish lottery and got odds of 30,000 - 1

Had he just done the lotto as normal, and the 4 numbers came up he would have won approx €50.

The two are not the same at all.

In normal lotto he gets to select 6 numbers but only has to hit 4 of the 6, effectively giving him two extra chances which increase his odds drastically and thus reduces the payout drastically. 917/1 odds in Irish lotto. Plus in the normal lotto he has several other possibilities to win other prizes... 3 numbers, 5 numbers, etc.

In the bookies, he only gets to select 4 numbers and all 4 have to be drawn to win. Much much lower odds with no other prize possibilities.

BTW, Paddy Power offer €7200/1 on 4 balls in the Irish Lotto. It's one of the lowest. Others offer €8500/1 for the same bet.

thesandeman

Scotty # wrote: »

Not any more. Only one bookies (Boylesports I think) are still taking bets on Euromillions.

PP are doing it again.
500000/1 for five numbers as opposed to €19430 with the National Lottery tonight.
And you can bet 10c with PP and still end up with 50k if your luck comes in.

dxhound2005

PP isn't that stupid. You must have read that wrong? Someone could put on a tenner and come out with €5 million? Anyway he wouldn't pay out €5 million, there are bound to be low limits how much a bookie will pay out.

blindside88

dxhound2005 wrote: »

PP isn't that stupid. You must have read that wrong? Someone could put on a tenner and come out with €5 million? Anyway he wouldn't pay out €5 million, there are bound to be low limits how much a bookie will pay out.

PP’s maximum liability on any bet is €1 million

dxhound2005

blindside88 wrote: »

PP’s maximum liability on any bet is €1 million

Bit mad giving odds of 500,000 / 1 then.

NIMAN

Would be terrible PR for them if they didn't pay out what someone won.

Surely wouldn't take much coding to not allow a bet to be placed which they would have to limit the pay out of?

Atlantic Dawn

I won €4, the Milkybars are on me.

Quantum Erasure

...fückit, theres always Friday.

thesandeman

dxhound2005 wrote: »

PP isn't that stupid. You must have read that wrong? Someone could put on a tenner and come out with €5 million? Anyway he wouldn't pay out €5 million, there are bound to be low limits how much a bookie will pay out.

The person who would put the tenner on would be the stupid one.
I'd be happier putting a hundred 10c bets for a chance of 50k.
Alternatively put €1 on one number @8/1 and get 10*10c goes at the big one for free.

raclle

Anyone do this online instead of the shop?

I know its all random but I seem to hit consistently more online

sbsquarepants

Scotty # wrote: »

A nice sum that would keep most happy for the rest of their lives without the mayhem that €200m would bring.

I'd view it as a great day.....but jesus i'd love that mayhem:D

Scotty #

thesandeman wrote: »

PP are doing it again.
500000/1 for five numbers as opposed to €19430 with the National Lottery tonight.
And you can bet 10c with PP and still end up with 50k if your luck comes in.

Your odds of getting 5 numbers in Euromillions is 3,107,515/1 so for the bookies to only offer 500,000/1 is a rip off. They're only offering a 6th of the actual odds.

The actual lottery allocates a certain percentage of the prizepool for 5 numbers and then that's divided by the amount of winners. You are not betting on 5 numbers, it's a consolation prize.

Scotty #

raclle wrote: »

Anyone do this online instead of the shop?

I know its all random but I seem to hit consistently more online

I do it online and pay with Revolut.

Never pay for gambling with your normal bank account. It has a very negative effect on your credit rating.

Hector Savage

Scotty # wrote: »

I do it online and pay with Revolut.

Never pay for gambling with your normal bank account. It has a very negative effect on your credit rating.

Really ? does that include money to paddypower bwin etc ?
Even if you win ??

Even if you have it under control, I occasioanally bet, in fact I am ahead overall, I usually bet on Rafa Nadal winning French and thats money in the bank basically, but that could have a negative effect on credit rating ?

Is it even their business ??

Marty Bird

Scotty # wrote: »

I do it online and pay with Revolut.

Never pay for gambling with your normal bank account. It has a very negative effect on your credit rating.

That make no sense a bank will see you use Revolut and request statements showing you’re gambling transactions.

Hector Savage

Or just pay for a ticket with good old fashioned crisp cash ?

sbsquarepants

Hector Savage wrote: »

Really ? does that include money to paddypower bwin etc ?
Even if you win ??

Even if you have it under control, I occasioanally bet, in fact I am ahead overall, I usually bet on Rafa Nadal winning French and thats money in the bank basically, but that could have a negative effect on credit rating ?

Is it even their business ??

It is, broker told me to close paddy power account when i was looking for a mortgage, i'm not even a gambler - would have been talking maybe 50 quid every month or two max.


I think they only look back 6 months at stuff like that though.

Hector Savage

sbsquarepants wrote: »

It is, broker told me to close paddy power account when i was looking for a mortgage, i'm not even a gambler - would have been talking maybe 50 quid every month or two max.


I think they only look back 6 months at stuff like that though.

Holy ****!

Lucky I got my mortgage 2 years ago, the fact that I gamble 1/2 a year could have helped, maybe blind luck - although I'm sure I put 2 bets in 2018 at least.

I can't believe it's that black and white though- it has to be treated as an expense, and if you are averaging 50E a year im sure it goes under the radar ... i mean wtf>?

paw patrol

Hector Savage wrote: »

Really ? does that include money to paddypower bwin etc ?
Even if you win ??

Even if you have it under control, I occasioanally bet, in fact I am ahead overall, I usually bet on Rafa Nadal winning French and thats money in the bank basically, but that could have a negative effect on credit rating ?

Is it even their business ??

yeah matters a lot
for mortgage purposes gambling is the worst sin. other vices can take time for you to end up in the ****ter - for example there is only so much booze or drugs you can take but gambling your could lose everything in minutes.

sbsquarepants

Hector Savage wrote: »

Holy ****!

Lucky I got my mortgage 2 years ago, the fact that I gamble 1/2 a year could have helped, maybe blind luck - although I'm sure I put 2 bets in 2018 at least.

I can't believe it's that black and white though- it has to be treated as an expense, and if you are averaging 50E a year im sure it goes under the radar ... i mean wtf>?

Probably largely there to be used as a convenient excuse to pick and choose where wanted. I'd say if you're a civil servant on 150k they wouldn't give a toss if you're blowing a grand a month!

Scotty #

Marty Bird wrote: »

That make no sense a bank will see you use Revolut and request statements showing you’re gambling transactions.

Banks don't request evidence of spending based on transfers to other institutions or cash withdrawals.

Marty Bird

Scotty # wrote: »

Banks don't request evidence of spending based on transfers to other institutions or cash withdrawals.

But they will require Revolut statements which will show said transactions.

blackwhite

It comes down to how regularly you gamble, and how much. It's not a simple yes/no - it's down to if the bank assesses it to be "habitual" or not.

Lad I work with was recently turned down for a mortgage because of it.

He's been saving regular sums every month, earns just over €70k per year, but puts between €50-150 to Paddy Power every month.

Was told to go away for 3 months and come back without having a cent gone to any gambling sites

Scotty #

Marty Bird wrote: »

But they will require Revolut statements which will show said transactions.

Not for the amount I'm transferring, petty cash, kids pocket money, etc. Wouldn't raise an eyebrow.

Personally I very rarely top up from bank anyway, it's usually nixers, cash jobs, etc.

Halenvaneddie

ShatterAlan wrote: »

You are correct. The odds a almost impossible.


But people are renting a dream.....much the same as spending the few quid on an escape which is a film or pornography. It's an escape for a few euros.


I think I know more people who have been murdered (1) than have won the lottery (0).

If you are spending money on porn you’re doing it wrong

Gael23

€200 million would ruin your life. You would end up spending most of it on personal security.
If I won the €500k plus draw I’d be happy. That would allow me buy my own house in cash and possibly have some change left over

blindside88

For anyone worried about their Revolut you can delete any transactions you like from your statements before printing them.

Anyone that thinks €200 million will ruin their life, I’ll happily take any excess from you until you get down to a point where you feel the funds will not ruin your life

dxhound2005

sbsquarepants wrote: »

Probably largely there to be used as a convenient excuse to pick and choose where wanted. I'd say if you're a civil servant on 150k they wouldn't give a toss if you're blowing a grand a month!

PP's big brass wouldn't get out of bed for 150K. Euromillions jackpot starts at 17 million and can go as high as 200 million. PP is one million, and they never increase it even if it went months without being won. It's no wonder they can afford to pay themselves multiples of what the Taoiseach is on.

https://www.irishtimes.com/business/retail-and-services/paddy-power-betfair-chief-executive-s-pay-package-nears-2m-1.3840787

Scotty #

dxhound2005 wrote: »

Euromillions jackpot starts at 17 million and can go as high as 200 million.

Once the €200m is won the cap goes to €210m, then €220m. This carries on until it reaches €250m which will be the final cap.

An insane amount of money to hand over to one person.

blackwhite

blindside88 wrote: »

For anyone worried about their Revolut you can delete any transactions you like from your statements before printing them.

A bank is going to look even less favourably on a statement which is missing transactions than seeing payments to Paddy Power.

nj27

That's a crazy sum of money. Never played the lotto but I might put a couple of grand on it this Friday.

blindside88

blackwhite wrote: »

A bank is going to look even less favourably on a statement which is missing transactions than seeing payments to Paddy Power.

The bank is not going to know that it’s missing transactions unless it’s a huge amount of money. If it’s the odd €50 they’re not going to go through all the transactions to find a discrepancy. Either way we’ve pulled the thread off topic a bit so I’ll leave it there

blackwhite

blindside88 wrote: »

The bank is not going to know that it’s missing transactions unless it’s a huge amount of money.

A bank is quite capable of mastering the concept of Opening Balance + Money In - Money Out = Closing Balance.

If you send them Revolut statements that don't balance, then the follow-up is going to be asking for details of the missing transactions

Hector Savage

Gael23 wrote: »

€200 million would ruin your life. You would end up spending most of it on personal security.
If I won the €500k plus draw I’d be happy. That would allow me buy my own house in cash and possibly have some change left over

You think so ?
Why ? kidnappers ? etc ?

Do the likes of Tom Cruise that's worth about 500M need to spend a fortune on protecting family members from kidnappers ?

Scotty #

Hector Savage wrote: »

Do the likes of Tom Cruise that's worth about 500M need to spend a fortune on protecting family members from kidnappers ?

$50k/week on one of his kids alone. Plus he has two bodyguards of his own 24/7.

There was a documentary on there a couple of years ago about British lotto winners who had won big. The majority of them said they wished they'd never won. Lost all their friends, social lives, family... etc. The all said it was great for a few months, but then the fun goes and the problems start.

Conall Cernach

Scotty # wrote: »

Once the €200m is won the cap goes to €210m, then €220m. This carries on until it reaches €250m which will be the final cap.

An insane amount of money to hand over to one person.

I imagine any single winner will suddenly become a syndicate of family members to divide the winnings without the tax liability.

Scotty #

Conall Cernach wrote: »

I imagine any single winner will suddenly become a syndicate of family members to divide the winnings without the tax liability.

Indeed, but be very careful! Verbal agreements are useless when it goes to court!

frozenfrozen

if you think it would ruin your life you're daydreaming wrong

circadian

nj27 wrote: »

That's a crazy sum of money. Never played the lotto but I might put a couple of grand on it this Friday.

In for a penny in for a few grand, as the saying goes.

BattleCorp

If a thick fcuker wins it, it could ruin their life. Someone with a bit of savvy about them would be able to manage it a bit better.

Secrecy is the key.

dxhound2005

BattleCorp wrote: »

If a thick fcuker wins it, it could ruin their life. Someone with a bit of savvy about them would be able to manage it a bit better.

Secrecy is the key.

It would be an awful burden to place on other people who you swore to secrecy. And when the pubs re-open there would be a danger that someone might let the cat out of the bag after a few pints.

The only safe thing would be not to tell anyone, lead an unchanged life, and let world find out when you die. Bit of a waste of 200 million, but that is the price of secrecy.

BattleCorp

dxhound2005 wrote: »

It would be an awful burden to place on other people who you swore to secrecy. And when the pubs re-open there would be a danger that someone might let the cat out of the bag after a few pints.

The only safe thing would be not to tell anyone, lead an unchanged life, and let world find out when you die. Bit of a waste of 200 million, but that is the price of secrecy.

Yep, you can't tell anyone. You can change your life though. Slowly.

I've it all planned.

I'd set up a business that people would find hard to investigate. Maybe as an arms trader. I wouldn't trade of course. But it would be a front for where my money is coming from.

I wouldn't have the money in my own bank for a local employee to see. I'd have it spread across many banks that don't have branches in my town.

Eventually after about 5 years or so I could have earned enough money to .....ahem...........retire.

I wouldn't be the type to have a helicopter landing in my garden or have 10 Ferrari's in the driveway but I could put the Euromillions money to good use over time.