How to play the Irish lottery at the bookies?

Subscribe

Recent Posts   Popular Posts   List Posts
 
Estimated Reading Time: 4 minutes

How to play the Irish lottery at the bookies?

If you want better lottery odds; you only have two choices; ignore national lotteries altogether and keep betting soccer matches or bet the lottery with a b



Published on
Updated on 12 March 2019
Author:



Betting Tips for Today's Football

Find more value in your next football bet. You could gain a betting edge by checking out the tips and stats for today's and tomorrow's fixtures...


You may be thinking what the Irish lottery has to do with football/soccer?


You would be excused for thinking that we’re starting to diversify away from football and look at a range of different betting options, but lotteries are something that many people play and sometimes it’s good to have a different perspective on betting and games of chance.


So, we’ve tried to look at why playing a traditional national lottery is always a bad bet and now this post will provide some information, which could help you to make a better betting decision when you’re tempted to bet a lottery.


If you’re going to place a bet against any lottery, I would suggest you consider the Irish lottery and use bookmakers rather than the real main draw. Using bookmakers helps you to improve your odds across the possible selections, although you’re not able to win the main jackpot prize, you may still enjoy improved odds and a better betting probability.


So, you’re excluded from the massive jackpot, but vastly improving your lottery betting odds over the smaller pay outs, which may be more attractive for a range of bettors.

How does the Irish lottery work?


This Irish lottery is like most lotteries, such as UK and Euromillions lottery draws, but the Irish lotter has a few key differences.


At the time of writing the Irish lottery contains 6 numbered balls and a bonus ball, which correspond with prize money associated with the number of people playing the game each week.


You’re required to choose numbers, but you can choose how many numbers you would like to match on each line. This means you can manually increase your odds of winning, but you understand this also reduces your possible pay out, as choosing to match 3 numbers would obviously pay out less money than correctly matching every number.


The player completes their lottery slip with different lines and then decides how much money they want to wager against each of the different lines.


Therefore, someone could play multiple lines at low odds by choosing many different combinations numbers on each line and only choosing to match 3 numbers with each of their picks.


Therefore, independently finding a way to improve the statistical probability of winning the lottery and icreasing your lottery expected value.

How can bookmakers offer better Irish lottery odds?


Playing the Irish lottery with bookmakers can improve your betting odds because you’re not part of the main draw AND you only need to match 5 numbers to win the top prize. This may seem attractive for most, but this comes with its own concerns.

What does this mean for your money?


This means your money is not part of the main Irish lottery draw, as you’re only taking part in the bookmakers’ competition.


This means you’re betting against pre-determined odds for each draw rather than playing alongside the millions of lottery players.

What odds are available with the Irish lottery and bookmakers?


Comparing the Irish lottery win odds and the bookmakers’ lottery games, is very similar to comparing 6 numbers plus one bonus ball (total of 7 numbers) to only 5 numbers.


You must choose if the bonus ball should be included within your bet. Therefore, increasing your potential bookie pay out, by increasing the probability of matching 5 numbers while decreasing your likelihood of winning at the same time.


The different winning combinations provide different pre-determined odds, as the table below demonstrates:

Lottery Balls Irish Lotto Odds Real Odds Real Decimal Odds Bookmaker Decimal Odds

One
N/A 6/1 7.00 N/A

Two
N/A 60/1 61.00 N/A

Three
3/1 700/1 701.00 376.00

Four
18/1 8500/1 8501.00 4001.00

Five
550/1 150000/1 150001.00 45001.00

Six
Jackpot Win!! Jackpot Win!! Jackpot Win!! 45001.00





Lottery Balls Irish Lotto Odds Real Odds Inc Bonus Real Decimal Odds inc Bonus Bookmaker Decimal Odds

One
N/A 5/1 6.00 N/A

Two
Evens 45/1 46.00 N/A

Three
8/1 375/1 376.00 376.00

Four
54/1 4000/1 4001.00 4001.00

Five
36 500/1 45000/1 45001.00

Six
Jackpot!! Jackpot Win!! Jackpot Win!! 45001.00


What are the positives and negative of the Irish lottery?


As described above, there are good points and bad points...


On the positive side; you have the chance to improve your odds, but on the negative side you cannot win the jackpot, as you’re not entered in to the main competition.


Ultimately, you must make the best decision for yourself, but if you’re going to play any lottery, which will have an awful expected value given the risk, you should try to improve your odds, so using your favourite online bookmaker could be a realistic option.


Finally, do not expect to increase your bankroll by relying on the national lottery. The national lottery is just that…a lottery and it can never be used as anything more than a bit of fun.


Just remember, the winning jackpot odds for any lottery are always extremely high and it’s very unlikely that you will win anything significant or even get close to winning the main lottery prize, either within the full lottery draw, or as part of a bookmakers’ own lottery game.


Good luck!



Tags: betting zone

Share Post On:    
Share on Facebook. Opens a new window    Share on Twitter. Opens a new window    Share on Google Plus. Opens a new window

Short URL: https://iwinsoccerbets.com/zckZib8Cv

<< Previous Post
Is the national lottery better than sports betting or is the lottery a legalised scam?

Next Post >>
How to use 3 realistic soccer betting tactics to make money online?

Why all national lotteries should be avoided by sports betting punters and how to start thinking about expected value rather than the possible returns.Is making money from home using soccer betting realistic? If so, what do we need to do to make long term bankroll growth a realistic possibility?

Related Blog Posts



Recent Blog Posts

 
What do soccer fans need to know before their next each way bet?

What do soccer fans need to know before their next each way bet?

(by iwinsoccerbets)   

Can you use each way betting to insure your wagers from total loss?
- Updated: 20 March 2019 | betting strategy


How to use 3 realistic soccer betting tactics to make money online?

How to use 3 realistic soccer betting tactics to make money online?

(by iwinsoccerbets)   

The profitable soccer betting techniques you can use today
- Updated: 16 March 2019 | betting strategy


How to play the Irish lottery at the bookies?

How to play the Irish lottery at the bookies?

(by iwinsoccerbets)   

Why you should consider playing the Irish lottery at the bookies.
- Updated: 12 March 2019 | betting zone


Is the national lottery better than sports betting or is the lottery a legalised scam?

Is the national lottery better than sports betting or is the lottery a legalised scam?

(by iwinsoccerbets)   

Why national lotteries are legalised scams and how to change your mentality towards data and value betting
- Updated: 03 March 2019 | betting strategy


Are small odds a safe bet to gradually improve profits and increase bankroll?

Are small odds a safe bet to gradually improve profits and increase bankroll?

(by iwinsoccerbets)   

Are small odds really banker bets? Why small odds could be a trojan horse for bookmaker profit margins and reducing your bankroll?
- Updated: 28 February 2019 | betting strategy


The dirty little secret behind why you’re always losing soccer bets?

The dirty little secret behind why you’re always losing soccer bets?

(by iwinsoccerbets)   

Losing bets can be painful, but learning why you’re losing can only help you to improve.
- Updated: 27 February 2019 | betting zone


How to bet on sports online using soccer statistics

How to bet on sports online using soccer statistics

(by iwinsoccerbets)   

How you can use historical data to find the best soccer statistics
- Updated: 25 February 2019 | betting strategy


How to confirm sports (soccer) betting odds are better than any lottery?

How to confirm sports (soccer) betting odds are better than any lottery?

(by iwinsoccerbets)   

Learn how all lotteries are geared against you, take control of your betting, so you can make better choices
- Updated: 24 February 2019 | betting zone


5 easy to spot early warning signs of a gambling problem

5 easy to spot early warning signs of a gambling problem

(by iwinsoccerbets)   

If you’re doing any of the 5 problem gambling signs, get professional help now!
- Updated: 23 February 2019 | betting zone


How long is halftime in football? Top tips to take advantage of halftime betting

How long is halftime in football? Top tips to take advantage of halftime betting

(by iwinsoccerbets)   

How you can use hedging during halftime to reduce your liabilities
- Updated: 20 February 2019 | betting strategy


How to work out a bet using 9 soccer betting strategies?

How to work out a bet using 9 soccer betting strategies?

(by iwinsoccerbets)   

Why you can’t find the best soccer betting strategies, if you ignore soccer stats
- Updated: 17 February 2019 | betting strategy


How to use the best football stats sites for football data analysis

How to use the best football stats sites for football data analysis

(by iwinsoccerbets)   

How past performance soccer stats websites can help your selections
- Updated: 10 February 2019 | betting strategy


Calculate multiples, Acca Insurance and how bookies’ margins can affect your returns

Calculate multiples, Acca Insurance and how bookies’ margins can affect your returns

(by iwinsoccerbets)   

How to calculate your acca returns and protect yourself at the same time
- Updated: 06 February 2019 | Bookmakers


What does Lucky 15 mean in football? How to choose between Lucky 15 and an Acca?

What does Lucky 15 mean in football? How to choose between Lucky 15 and an Acca?

(by iwinsoccerbets)   

How to work out a Lucky 15 bet and how do Accas compare?
- Updated: 03 February 2019 | betting hints and tips


What causes odds to change within soccer betting markets?

What causes odds to change within soccer betting markets?

(by iwinsoccerbets)   

How to stay one step ahead of the bookies when they constantly change betting market odds
- Updated: 22 January 2019 | odds


Where are the best soccer leagues in the world for betting?

Where are the best soccer leagues in the world for betting?

(by iwinsoccerbets)   

Discover the best soccer betting leagues using real historical data
- Updated: 18 January 2019 | betting strategy


How many games in a soccer season for major European leagues?

How many games in a soccer season for major European leagues?

(by iwinsoccerbets)   

The number of games and the number of goals scored in a soccer season
- Updated: 14 January 2019 | betting strategy


How do bookmakers calculate starting price and change their odds?

How do bookmakers calculate starting price and change their odds?

(by iwinsoccerbets)   

Learn more than just the definition of starting price. Know how bookies and exchange traders modify their odds to find better returns.
- Updated: 12 January 2019 | Bookmakers, odds


What is the meaning of each common bookmaker term?

What is the meaning of each common bookmaker term?

(by iwinsoccerbets)    Recommended

Improve your betting knowledge with tips and explanations of each common bookmaker term.
- Updated: 07 January 2019 | betting zone


What is a handicap in football betting?

What is a handicap in football betting?

(by iwinsoccerbets)   

Learn the different types of handicap betting, such as level handicap, single handicap and split handicap.
- Updated: 04 January 2019 | Bookmakers, odds


What happens to a bet if the football game is suspended?

What happens to a bet if the football game is suspended?

(by iwinsoccerbets)   

Do you understand when a bookmaker should keep your stake and when you should be refunded following a suspended football game?
- Updated: 03 January 2019 | betting zone


Mathematical sports betting systems explained in brief

Mathematical sports betting systems explained in brief

(by iwinsoccerbets)   

Get the most value from your bets by using betting maths and betting strategies
- Updated: 02 January 2019 | betting strategy


How do bookies make money? How can you bet differently to help yourself?

How do bookies make money? How can you bet differently to help yourself?

(by iwinsoccerbets)   

Read how bookmakers make their money, so you can avoid common mistakes.
- Updated: 19 December 2018 | Bookmakers


Get a brief overview and description of the main football betting markets

Get a brief overview and description of the main football betting markets

(by iwinsoccerbets)    Recommended

All major football betting options briefly explained, so you can make better betting decisions.
- Updated: 18 December 2018 | betting zone


What is Asian Handicap betting?

What is Asian Handicap betting?

(by iwinsoccerbets)   

Understand Asian Handicap betting with this simple explanation.
- Updated: 12 December 2018 | betting strategy


123456