NS&I increases Premium Bond prize rate to 3.15%

Albermarle

ranciduk said:

westv said:

S_uk said:

The odds of a bond winning a prize will remain at 24,000 to 1, with the trend continuing in the prize distribution of fewer £25 prizes but a greater number of those of higher value.

Which will reduce the average persons chance of winning anything each month ??

I won 3 months on the trott before this recent flurry of rate increases

ive won £0 ever since...

cashing the lot in after next draw

 

My winnings have improved three fold in the last 3 months. However both this, and you getting none are entirely random, so not really a basis for a decision to stay or fold. 

Swipe

ranciduk said:

westv said:

S_uk said:

The odds of a bond winning a prize will remain at 24,000 to 1, with the trend continuing in the prize distribution of fewer £25 prizes but a greater number of those of higher value.

Which will reduce the average persons chance of winning anything each month ??

I won 3 months on the trott before this recent flurry of rate increases

ive won £0 ever since...

cashing the lot in after next draw

 

Same here, more blanks to come then by the sounds of it

mebu60

Albermarle said:

ranciduk said:

westv said:

S_uk said:

The odds of a bond winning a prize will remain at 24,000 to 1, with the trend continuing in the prize distribution of fewer £25 prizes but a greater number of those of higher value.

Which will reduce the average persons chance of winning anything each month ??

I won 3 months on the trott before this recent flurry of rate increases

ive won £0 ever since...

cashing the lot in after next draw

 

My winnings have improved three fold in the last 3 months. However both this, and you getting none are entirely random, so not really a basis for a decision to stay or fold. 

My winnings, those of my ex-wife, my brother and particularly his wife, have all accelerated in the past three months. I'm the only one with £50k but my sister-in-law with less than half that has won almost double my improved winnings. Completely random as Albermarle says, could all get nothing next month. 
Assuming ranciduk has a reasonable size holding (c£12k required for average luck of £25pcm) I would expect things to even out over a longer timescale. 

SJMALBA

Another increase in the prize fund rate, from 3.15% to 3.30%, starting with the March draw.

https://nsandi-corporate.com/news-research/news/nsi-gives-valentines-day-boost-savers

(thanks to @ForumUser7  for the heads-up)