Premium Bond Winner ?

tigerspill

Nothing on two max holdings.  Not doing well since buying PBs at the start of the year

redpete

metrobus said:

£50k for me and £50k the OH, nothing for 6 months,also talked to two seperate people last weekend with maximum holdings and both of them have had nothing for many months.

So taking our holding alone thats £100,000 for 6 draws so 600000 entries and not a single £25 win.

If working on 1% £500 would be the average over 6 months or 20 x £25 wins since 99% of prizes are £25.

No way in the world is this random,large holdings recently  get massively lower proportinate wins.

I expect with them knowing they  far exceeded their sales target they are trying to get £50k holders to cash in .

I know after tomorrows smaller wins are made public we will be cashing in.

Nothing from £50k over 6 months is chance of about 1 in 5798, so unlikely but not impossible.  Nothing from two max holdings is very unlucky.  But it's definitely not targeted at all max holders - my return is in line with the average over the last 8 months.  Maybe they are just getting at you?

eskbanker

At the time of posting, the returns from fifteen maximum holdings have been shared since this month's draw results were published last night, not necessarily a statistically significant sample but all we've got to go on at the moment.

According to the MSE calculator, the chances of winning something in any given month (from a max holding) are 76.5%, versus a 23.5% chance of a blank, so the expected outcome would be 11 winners and 4 disappointed punters.

Which is exactly what has been reported - nothing to see here, move along!

Swipe

zero on two lots of max holdings

Lornrussell

34k holding, the first time that I've won nothing since getting them in January.

It's also the first time I checked in the morning rather than midnight, which is clearly why I didn't win... Ahem... 

pip895

Over 50 years ago on my first birthday my parents bought me a single premium bond.  Just before my second birthday it won £10. My parents took me to the toy shop and I selected a large teddy.  That bond has never won again but I still have that teddy😀

On a perhaps more relevant note my 20k holding (proceeds reinvested) is running a a pretty boring 0.7% annual rate, OH has the same size holding but is up at a princely 1.2%!

metrobus

yes youve guessed it,

2 max holdings of £50,000 and nothing yet again.

nevermind its all cashed in now and its off to vanguard.

Anyway out of 19 max holdings reported here the return was £575 @ 1% that on average should have been £791.67 that includes nothing on 8 out of 19 max holdings so 42.1 % get nothing compared to the 23.5 % it should be,almost 100 % more.

So yes for some reason max holdings are massively under perfoming,ill leave the naive on here carry on.

grumiofoundation

metrobus said:

yes youve guessed it,

2 max holdings of £50,000 and nothing yet again.

nevermind its all cashed in now and its off to vanguard.

Moving 100k from safe cash holdings (presuming a reason why you didn't want to risk capital) to capital at risk investments because you believe the draw is rigged seems an overreaction to me...

But also what if the forces that control ERNIE control the stock market? 

Umiamz

£150 (2 x £25 + £100) on maximum holding. I've won something every month since I got them 8 months ago.

metrobus

grumiofoundation said:

metrobus said:

yes youve guessed it,

2 max holdings of £50,000 and nothing yet again.

nevermind its all cashed in now and its off to vanguard.

Moving 100k from safe cash holdings (presuming a reason why you didn't want to risk capital) to capital at risk investments because you believe the draw is rigged seems an overreaction to me...

But also what if the forces that control ERNIE control the stock market? 

not when you consider how inflation is eating away massively on your PB holdings paying 1% and our vanguard funds are for 10/15 years.