Premium Bond Winner ?

Dan83

Nothing again this month

zolablue25

1 x £25 on £25k

£250 for last 6 months

Magnolia

3x£25 for me this month on £31k holding. That's 6x£25 so far this year:j

Oldbiggles

Since 2012 my wife and I have won over 100 prizes on Ernie and they have all been £25. This month we managed another 3x£25 between us.
On this site we see many posts where people have also registered a win of £25.
What I am wondering is, are there really any prizes other than £25 or we we all being conned?

Ifts

Have you won big on the premium bonds with a small holding but don't even know?
One winner yet to claim a £100k prize has just £6 of bonds

Read more: http://www.thisismoney.co.uk/money/saving/article-3474581/Have-won-big-premium-bonds-small-holding-don-t-know.html#ixzz41y5tpGX9

Eco_Miser

Oldbiggles wrote: »

Since 2012 my wife and I have won over 100 prizes on Ernie and they have all been £25. This month we managed another 3x£25 between us.
On this site we see many posts where people have also registered a win of £25.
What I am wondering is, are there really any prizes other than £25 or we we all being conned?

I've won a single prize greater than £50. I have no reaon to doubt that the other prizes exist also, but they are rare - and I wouldn't expect a million pound winner to post that fact on this thread anyway.

redpete

Oldbiggles wrote: »

Since 2012 my wife and I have won over 100 prizes on Ernie and they have all been £25. This month we managed another 3x£25 between us.
On this site we see many posts where people have also registered a win of £25.
What I am wondering is, are there really any prizes other than £25 or we we all being conned?

The answers to your questions are Yes and No respectively.

I've seen figures for the number of prizes in one month had roughly 1.8 million prizes of £25 and 35 000 for higher amounts, so you are far more likely to win £25.

redpete

Oldbiggles wrote: »

When I have a block of bonds that stop winning for several months I sell up and buy new blocks and strangely, like you, I notice that I have a change of fortune. Certainly makes you wonder doesn't it?


:cool:

Your buying pattern has no influence on the thermal noise in the transistors that determine which numbers come out of ERNIE.

I believe new bonds are not entered in the draw until a full calendar month has elapsed, so your strategy reduces your chances of winning because your purchase is 'out of the market' for a month.

Robbieh

Nothing again this month, that's just £25 in 7 mths. On £20k. Was waiting for this mth. So I can remove and put in Santander 123 ready for April.

WaywardDriver

Robbieh wrote: »

Nothing again this month, that's just £25 in 7 mths. On £20k. Was waiting for this mth. So I can remove and put in Santander 123 ready for April.

If my maths is correct, chances of only 1 prize or worse on £20K over 7 months, are about 1 in 34.