Please help MSE test revamped tool: Premium Bond Probability Calculator

Former_MSE_Dan

Hi folks,

Thanks for all the feedback - we have been through and updated various parts now and are ready to launch it tonight's weekly email.

If anyone else has five mins to take a look at this final version and let us know any bugs you find that would be fantastic

http://www.moneysavingexpert.com/savings/premium-bonds-calculator

Dan

Former_MSE_Dan

shop-to-drop wrote: »

Is there a reason that it only goes up to 10 years? Many people have premium bonds for a lifetime.

Purely so that our computers don't crash when we run the code - it's very complex!

DarkConvict

It might be a caching error,

But everytime i put in.

Amount won: 30000
Number of Bonds: 30000
Time: 10 Years

It always says "You are VERY lucky. Only 1 in 100,000 people who have put £30,000 in premium bonds over 10 years win £1000000 or more."

But it should be £30,000, not £1,000,000.

If i change the time limit, it makes no difference.

Amount won: 30000
Number of Bonds: 30000
Time: 6 Months

You are lucky - only 0.000444% of people who have put £30,000 in premium bonds over 6 months win £1000000 or more.

---

Nevermind, its the way you do your limits. I spotted you have a limit of £25,000, then if you enter in £30,000 or more you just say £1,000,000 :P

Former_MSE_Dan

Cheers DC, good spot, will get the techies working on that

vk2003

One quick note - the comparison between PBs and savings accounts uses stick men in red and green to highlight the difference.

For those people with the most common form of colour blindness - red/green, it is nearly impossible to distinguish them apart.

Perhaps if you used say yellow and blue, then the higher contrast would mean anyone could tell the difference

Pocoyo

Sowilo wrote: »

Got some premium bonds 32 years ago and never won anything on either of them. :rotfl:

My husband has had his for 43 years and not won a bean. I wouldn't be holding your breath for a win!

Former_MSE_Dan

Cheers vk2003 - we will get this sorted

elysia2003

Pasted from site:

With £10 in Premium Bonds, if you have average luck
you would expect to win NOTHING over 10 year(s)

(Infact, only 1 in 21 people with this number of bonds would win anything)

Verdict:

So that's why DD1, who's had her premium bond 19 years, hasn't won yet!

love2save

It seems to be working fine. No good news though

Apparently I have the worst luck ever...90% of people win more than me...will still leave the money there though.

edda

The blackboard isn't wide enough to display the full result. I get:

With £20 in premium bonds for 10 years , winning nothing is exactly what you would expect - 90.5% of people will get £