Premium Bond Winner ?

polymaff

fimacdoodle said:

£480 prizes on a full holding in past 6 months. similar in previous 6 months. it looks like I will be jumping soon to a better 1 year fixed rate somewhere.......if I can find 2% that is safe......

£480 when all prizes are multiples of £25?

cricidmuslibale

fimacdoodle said:

£480 prizes on a full holding in past 6 months. similar in previous 6 months. it looks like I will be jumping soon to a better 1 year fixed rate somewhere.......if I can find 2% that is safe......

Bearing in mind that the prize interest rate was only 1% for the first of those 6 months and then only 1.4% for 4 months after that, “£480” (it can’t have been exactly that because, as polymaff rightly points out, all prizes have to be divisible by 25) is actually a considerably better than average return over that period! I.e. you’ve been fairly lucky with your winnings tbh!

cricidmuslibale

polymaff said:

fimacdoodle said:

£480 prizes on a full holding in past 6 months. similar in previous 6 months. it looks like I will be jumping soon to a better 1 year fixed rate somewhere.......if I can find 2% that is safe......

£480 when all prizes are multiples of £25?

Very good spot! I really should have picked that up myself!

cricidmuslibale

Anynamethatisnttaken said:

Brie said:

Anynamethatisnttaken said:

Anybody who believes the official line of all bonds having an equal chance, is sadly mistaken.

So you say that they are manipulating the results?  I think what you've described is simply coincidence.

No, i'm saying 100% there are glitches in the system. And i don't care who believes me and who doesn't. I have degrees in engineering and computer science, i used to be a computer programmer and have vast experience working with random number generators.  There is absolutely no remote way the results are a coincidence. I would stake my life on it.

The terminally gullible can believe what they wish to believe.

If you google it, you will easily find a news article recently where NsandI admitted "a small number" of peoples bonds weren't counting in draws. They supposedly "retrospectively" gave people prizes. Which is completely ridiculous, because how can you possibly know what prizes the bonds that weren't being included would have actually won. They probably just bunged out a few £25s here and there to keep it hushed up.

Thank you very much for this post! I have had two very strange 6 month periods during the last 4 years where I have had 4 months winning nothing at all and the other 2 only winning a single £25 prize on a maximum bond holding. I thought I had just been desperately unlucky but what you’ve explained above and in your previous post could well be at least partly an explanation of why this happened to me.

Heinzbean

I had premium bonds when the max was £30,000 i used to win 3 x £50 prizes nearly every month

in 2007 i won £1000. They reduced the prizes and i got rid of the bonds instantly.

I  bought more bonds in 2015 and since i have had them i have always won less than what is predicted.

Two people in my house have bonds this month we got  £50 and 2x £25  (on 50k) the other person got  £100 + £50 +£25 + £25(on 42k)

hopefully things should be improving.

cricidmuslibale

Heinzbean said:

I had premium bonds when the max was £30,000 i used to win 3 x £50 prizes nearly every month

in 2007 i won £1000. They reduced the prizes and i got rid of the bonds instantly.

I  bought more bonds in 2015 and since i have had them i have always won less than what is predicted.

Two people in my house have bonds this month we got  £50 and 2x £25  (on 50k) the other person got  £100 + £50 +£25 + £25(on 42k)

hopefully things should be improving.

Yes I agree with your last sentence especially. With the odds of winning a prize now 24000:1 it would be lovely if the maximum holding was increased from £50k to £60k, thus enabling exactly 5 prizes every 2 months to be won with average luck!

Ifts

 I received the "you've just won!" email from NS&I yesterday and I just checked now:

£25 on full holding for October

cricidmuslibale

Ifts said:

 I received the "you've just won!" email from NS&I yesterday and I just checked now:

£25 on full holding for October

Assuming something approaching average luck, you should do considerably better than this in most of the next few months with the new effective prize interest rate of c. 2 %!

lr1277

Nothing on a £32k holding

SandyN21

Are any of your bonds in these sequences that won the £1million jackpot for October?

"Two lucky Britons will be waking up £1million richer this morning after winning the Premium Bond jackpot in October. This month's millionaires are from Greater London and Suffolk with the winning bonds 333XB827779 and 226HV323415."