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Premium Bond winning odds query....
Onawingandaprayer
Posts: 642 Forumite
With the maximum holding being £30k, is there any advantage, winning odds-wise, of 2 holdings of £15k (within two partners) as opposed to one holding the maximum amount.
Martin's Bond calculator suggests not. Have I missed anything?
Ignore any tax implications etc...
Martin's Bond calculator suggests not. Have I missed anything?
Ignore any tax implications etc...
0
Comments
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No difference in the odds. Every £1 is separate.
But if you're on the limit I think you can't have prizes reinvested in new bonds."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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