Anybody won one of those car lotteries?

Anybody won one of those car lotteries?

Author
Discussion

BroadsRS6

785 posts

40 months

Sunday 30th May 2021
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Airports have or did have a car lottery thing going for many years. I've always had a 10 or sometimes 25 quid punt every time we've flown and we were lucky 5 years ago when we won a new Audi RS3 and 10 grand spending money. I always buy a ticket even though the odds of 2 wins is very remote.

ch37

10,642 posts

222 months

Sunday 30th May 2021
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BroadsRS6 said:
Airports have or did have a car lottery thing going for many years. I've always had a 10 or sometimes 25 quid punt every time we've flown and we were lucky 5 years ago when we won a new Audi RS3 and 10 grand spending money. I always buy a ticket even though the odds of 2 wins is very remote.
That was how BOTB started (and still do alongside the website, I think), technically a skill competition which is why they do spot the ball. I imagine they've taken quite a hit from the substantially lower odds found on the competition sites in the past 18 months or so.

MGirl

177 posts

62 months

Sunday 30th May 2021
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BroadsRS6 said:
I always buy a ticket even though the odds of 2 wins is very remote.
The number of people who’ve won twice or more on those other sites like Rev Comps, Top Marques etc is staggering. Whilst I understand there is good pods it does make you wonder how ‘legit’ they actually are.

Whereas BOTB is a long established company it seems more legit than some that have just started popping up.

nullogik

225 posts

143 months

Sunday 30th May 2021
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MGirl said:
The number of people who’ve won twice or more on those other sites like Rev Comps, Top Marques etc is staggering. Whilst I understand there is good pods it does make you wonder how ‘legit’ they actually are.
Or the people entering are spending a ton of money. It is not unusual to see a large number of tickets per draw allocated to a few individuals. They must literally be spending hundreds of pounds per draw.

anonymous-user

55 months

Sunday 30th May 2021
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nullogik said:
Or the people entering are spending a ton of money. It is not unusual to see a large number of tickets per draw allocated to a few individuals. They must literally be spending hundreds of pounds per draw.
Yes it is like those slot machines, scratch cards, people can easily spend 200 quid a go. The worst us actually when they win they are move likely to keep upping the stakes

ch37

10,642 posts

222 months

Sunday 30th May 2021
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MGirl said:
The number of people who’ve won twice or more on those other sites like Rev Comps, Top Marques etc is staggering. Whilst I understand there is good pods it does make you wonder how ‘legit’ they actually are.
Winning once does not mean you are less likely to win again.

The main ones mentioned here have given away over 1000 cars each (in fact I imagine a few of them will overtake BOTB in the next 12 months in sheer numbers despite being around for 2 or 3 years rather than 22), the business model stacks up as they all typically aim to sell tickets worth around 30-40% more than the value of the car or thereabouts. It would be significantly more difficult for them to be dodgy and syphon them off to friends and family, we're probably talking 5000 cars across the big sites with guarenteed end dates now. They'd get found out pretty quickly.

It's not uncommon to see people maxing out on tickets, that typically brings the odds down to around 1/100. Spend big and often and your chances are actually very good, whether that makes any sense financially is another matter. Regulars will also know all the ways to get free credit (typically interacting with the live draws on FB) and I know a lot of people who take it pretty seriously, calculating the return on the odds to find the best ones to enter etc.

lornemalvo

2,173 posts

69 months

Tuesday 1st June 2021
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doogle83 said:
CrippsCorner said:
I limit myself to buying one ticket on pay day... it's still worked out to be a fair bit over the months!

Never won yet, nor anyone I know, but certainly see a lot of people on forums winning. One day!
With 1 ticket a month you're giving yourself the worst possible chance of winning next to not buying any tickets at all.

You'd be better off working out your total spend for 12 months, sticking it all into one raffle to maximise your odds then not playing again for the rest of the year if you lose.
I would have thought that, mathematically, your odds of winning are the same, except spread over a longer period?

doogle83

760 posts

148 months

Tuesday 1st June 2021
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If you assume each draw has 5000 tickets and you only buy 1 a month then each month you have a 1 in 5000 chance of winning.

It doesn't matter that you've played before, the odds don't change month to month, it's always 1 in 5000 for that particular draw.

If you bought all 12 tickets in month 1 then you'd have a 12 in 5000 chance and therefore the best odds you could give yourself.

joropug

2,588 posts

190 months

Tuesday 1st June 2021
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doogle83 said:
If you assume each draw has 5000 tickets and you only buy 1 a month then each month you have a 1 in 5000 chance of winning.

It doesn't matter that you've played before, the odds don't change month to month, it's always 1 in 5000 for that particular draw.

If you bought all 12 tickets in month 1 then you'd have a 12 in 5000 chance and therefore the best odds you could give yourself.
It feels like that is true but it isn't.

Scenario 1:
1000 tickets, £10 each. You buy 10.
10/1000 chance (1/100)

Scenario 2:
1000 tickets, £10 each, 10 separate competitions. You buy 1 each, 10 total.

10/10,000 (1/1000) but those odds are split across 10 competitions, giving you 10 chances at 1/1000 (1/100).

I'm terrible at maths but feel like that is true, happy to be corrected.

More easily explained buying 10x £1 tickets for a 10,000 ticket draw is the same odds as buying 1x £10 ticket for a 1,000 ticket draw.

Dan_1981

17,398 posts

200 months

Tuesday 1st June 2021
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joropug said:
doogle83 said:
If you assume each draw has 5000 tickets and you only buy 1 a month then each month you have a 1 in 5000 chance of winning.

It doesn't matter that you've played before, the odds don't change month to month, it's always 1 in 5000 for that particular draw.

If you bought all 12 tickets in month 1 then you'd have a 12 in 5000 chance and therefore the best odds you could give yourself.
It feels like that is true but it isn't.

Scenario 1:
1000 tickets, £10 each. You buy 10.
10/1000 chance (1/100)

Scenario 2:
1000 tickets, £10 each, 10 separate competitions. You buy 1 each, 10 total.

10/10,000 (1/1000) but those odds are split across 10 competitions, giving you 10 chances at 1/1000 (1/100).

I'm terrible at maths but feel like that is true, happy to be corrected.

More easily explained buying 10x £1 tickets for a 10,000 ticket draw is the same odds as buying 1x £10 ticket for a 1,000 ticket draw.
My bold.

This bit is incorrect. The competitions do not have a memory so each time there is a new draw, your odds of winning are 1000/1 - it doesn't matter if you've entered the last one draw, or the last thousand. For that particular draw your odds of winning are 1000/1.


The post above that suggests buying multiple tickets for a single draw gives you a better chance of winning than single tickets in multiple draws is correct.

joropug

2,588 posts

190 months

Tuesday 1st June 2021
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Dan_1981 said:
My bold.

This bit is incorrect. The competitions do not have a memory so each time there is a new draw, your odds of winning are 1000/1 - it doesn't matter if you've entered the last one draw, or the last thousand. For that particular draw your odds of winning are 1000/1.


The post above that suggests buying multiple tickets for a single draw gives you a better chance of winning than single tickets in multiple draws is correct.
I get that , but assume you bought them all at the same time and the draws were back to back. At the point of purchase you have 10 spins of the wheel out of 10,000 numbers. I suppose you are very slightly worse off as the same number could come up in individual draws but that should be the only difference.

Any statisticians in the house ?

Dan_1981

17,398 posts

200 months

Tuesday 1st June 2021
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Noooo it doesn't matter if you buy them all back to back for separate draws. They are independent events.

Draw 1: 1000 tickets available. You buy 1. Your odds are 1000/1

Draw 2: 1000 tickets available. Your odds are 1000/1 - How can having a ticket from the first event have any impact on the result of this draw?

Repeat for the next 8 draws - all independent events. all with odds of 1000/1

Compare to:

Draw 1: 1000 tickets available. You buy 10. Your odds are now 100/1

Draw 2 - 10: You don't enter as you've spent all your money.

Stevil

10,662 posts

230 months

Tuesday 1st June 2021
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joropug said:
I get that , but assume you bought them all at the same time and the draws were back to back. At the point of purchase you have 10 spins of the wheel out of 10,000 numbers. I suppose you are very slightly worse off as the same number could come up in individual draws but that should be the only difference.

Any statisticians in the house ?
10 spins of the wheel at 1/10,000 is still 1/1,000 however you look at it. Whereas 10 numbers in a single draw of 1,000 numbers is 1/100 so much better odds.

DodgyGeezer

40,530 posts

191 months

Tuesday 1st June 2021
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sxmwht

1,565 posts

60 months

Tuesday 1st June 2021
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joropug said:
It feels like that is true but it isn't.

Scenario 1:
1000 tickets, £10 each. You buy 10.
10/1000 chance (1/100)

Scenario 2:
1000 tickets, £10 each, 10 separate competitions. You buy 1 each, 10 total.

10/10,000 (1/1000) but those odds are split across 10 competitions, giving you 10 chances at 1/1000 (1/100).

I'm terrible at maths but feel like that is true, happy to be corrected.

More easily explained buying 10x £1 tickets for a 10,000 ticket draw is the same odds as buying 1x £10 ticket for a 1,000 ticket draw.
Wrong. Take it to the extremes to easily see why.

With one draw of 100 tickets, if you bought all 100, you'd be guaranteed to win.

Now imagine 100 draws of 100. You buy 10 tickets in each. You're not guaranteed to win every time - you've bought 10 in every 100.

In your example, you can't say it's "spread out over 10 competitions" and multiply up your odds by 10, because you've bought 1/10 of the tickets in the first place!

joropug

2,588 posts

190 months

Tuesday 1st June 2021
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I'm sure you're all right, thanks for clearing up. I tend to go heavy on one car now and again rather than everything and top it up with some postals anyway but it's good to know.

mikeswagon

702 posts

142 months

Tuesday 1st June 2021
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Having read some of the last few posts, I'm going to have a word with my son who's 16 next week and just finished 4th year. I hope he has a better grasp of the basics than above.

joropug

2,588 posts

190 months

Tuesday 1st June 2021
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mikeswagon said:
Having read some of the last few posts, I'm going to have a word with my son who's 16 next week and just finished 4th year. I hope he has a better grasp of the basics than above.
Good to know.

To be fair, I have won two breitlings, half a car and some furniture so it's done me alright so far.

mikeswagon

702 posts

142 months

Tuesday 1st June 2021
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joropug said:
mikeswagon said:
Having read some of the last few posts, I'm going to have a word with my son who's 16 next week and just finished 4th year. I hope he has a better grasp of the basics than above.
Good to know.

To be fair, I have won two breitlings, half a car and some furniture so it's done me alright so far.
Good to know.

I won a whole car last year, and still buy a few tickets.

What sort of odds/price are the watches? I see Rolex popup every few weeks on a site I play, but never bought any tickets.


Edited by mikeswagon on Tuesday 1st June 21:02

joropug

2,588 posts

190 months

Tuesday 1st June 2021
quotequote all
mikeswagon said:
Good to know.

I won a whole car last year, and still buy a few tickets.

What sort of odds/price are the watches? I see Rolex popup every few weeks on a site I play, but never bought any tickets.


Edited by mikeswagon on Tuesday 1st June 21:02
20/6000 = £4250 watch
2/699 = £2500 watch
24/13500 = Rear half of Abarth