Where can I find the latest exact odds per prize for premium bonds?

LaPiePourri

Their website tells you how many amounts of each prize are awarded but it doesn't tell you the exact odds. For example 1 in x chance of winning £25 per bond etc

1stTimer

Martin has a calculator on this page - https://www.moneysavingexpert.com/savings/premium-bonds

masonic

From the horses mouth: https://www.nsandi.com/get-to-know-us/monthly-prize-allocation and https://www.nsandi.com/products/premium-bonds
So currently the odds of winning a prize is 22,000 to 1, and the prize you win will be randomly selected from those enumerated in the first link.

p00hsticks

masonic said:

From the horses mouth: https://www.nsandi.com/get-to-know-us/monthly-prize-allocation and https://www.nsandi.com/products/premium-bonds
So currently the odds of winning a prize is 22,000 to 1, and the prize you win will be randomly selected from those enumerated in the first link.

You still need to do a bit of maths from those figures though to get to what the OP is asking, whcih are the odds of winning any particular prize amount.

Martin's link posted by 1stTimer above does the maths for you.

Bravepants

https://premiumbondsprizes.com/detailed#0

masonic

p00hsticks said:

masonic said:

From the horses mouth: https://www.nsandi.com/get-to-know-us/monthly-prize-allocation and https://www.nsandi.com/products/premium-bonds
So currently the odds of winning a prize is 22,000 to 1, and the prize you win will be randomly selected from those enumerated in the first link.

You still need to do a bit of maths from those figures though to get to what the OP is asking, whcih are the odds of winning any particular prize amount.

Martin's link posted by 1stTimer above does the maths for you.

Unless I've missed it, Martin's link doesn't give the odds of winning a particular prize amount. It shows the odds of winning "AT LEAST" that amount. So the odds of winning a £25 prize is not 1 in 880, that's the odds of winning £25 or £50 or £100 etc. Also, these odds relate to the previous month's draw, while NS&I give an estimate for the next draw. If you want the exact odds of winning £25 per bond, etc, as stated by the OP, then some maths is probably going to be required. The maths might be a bit simpler from Bravepants' link given that gives you the expected frequency broken down by prize.

LaPiePourri

masonic said:

From the horses mouth: nsandi.com/get-to-know-us/monthly-prize-allocation and nsandi.com/products/premium-bonds
So currently the odds of winning a prize is 22,000 to 1, and the prize you win will be randomly selected from those enumerated in the first link.

This says 22,000 to 1, but the moneysavingexpert link says the odds are 880 to 1 for at least the smallest prize per bond?

I know the odds change month to month but this seems a big gap?

masonic

LaPiePourri said:

masonic said:

From the horses mouth: nsandi.com/get-to-know-us/monthly-prize-allocation and nsandi.com/products/premium-bonds
So currently the odds of winning a prize is 22,000 to 1, and the prize you win will be randomly selected from those enumerated in the first link.

This says 22,000 to 1, but the moneysavingexpert link says the odds are 880 to 1 for at least the smallest prize per bond?

I know the odds change month to month but this seems a big gap?

You need to read the MSE page carefully. Those are the odds if you hold 25 bonds. 25 x 880 = 22,000

LaPiePourri

masonic said:

LaPiePourri said:

masonic said:

From the horses mouth: nsandi.com/get-to-know-us/monthly-prize-allocation and nsandi.com/products/premium-bonds
So currently the odds of winning a prize is 22,000 to 1, and the prize you win will be randomly selected from those enumerated in the first link.

This says 22,000 to 1, but the moneysavingexpert link says the odds are 880 to 1 for at least the smallest prize per bond?

I know the odds change month to month but this seems a big gap?

You need to read the MSE page carefully. Those are the odds if you hold 25 bonds. 25 x 880 = 22,000

It makes sense now thanks.