Premium Bonds - Not a bean for months now!!!!
Discussion
Blatter said:
I wish I could average 1.3% on my Premium Bonds
The expected return on Premium Bonds for a saver with average (median) "luck" is somewhat lower than 1.3%. This is because the prizes are unevenly distributed. Similarly, the lottery returns over 50% of the ticket price as winnings, but the median lottery player wins £0.Leylandeye said:
My Mrs only has £30K in PBs and I've just got an unexpected £20K windfall. Not got the time to thiink about what to do with it so will stick it into PBs for now which will take her up to the limit.
I doubt it will make much difference to the chances of winning.
At a rough guess about 60% better chance.I doubt it will make much difference to the chances of winning.
Just a guess, you understand.
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