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

 
How Internet bookies and exchanges have improved the betting experience

How Internet bookies and exchanges have improved the betting experience

(by iwinsoccerbets)   

Betting is not the same everywhere, so choose the best experience for your pocket and your personal enjoyment
- Updated: 29 June 2019 | Bookmakers, betfair


Why would you want more than one bookmaker or betting exchange account?

Why would you want more than one bookmaker or betting exchange account?

(by iwinsoccerbets)   

Get more betting opportunities with multiple bookmaker or betting exchange accounts
- Updated: 27 June 2019 | Bookmakers, betfair


Internet Betting Slip vs Physical Betting Slip? Is Online Betting Really Any Better?

Internet Betting Slip vs Physical Betting Slip? Is Online Betting Really Any Better?

(by iwinsoccerbets)   

Your local betting shop might be better for you than your betting app?
- Updated: 22 June 2019 | Bookmakers


Bookmaker sign up bonuses, free bets and betting websites offers

Bookmaker sign up bonuses, free bets and betting websites offers

(by iwinsoccerbets)   

Know how to identify if that next bookmaker bonus will help you or hinder you?
- Updated: 22 June 2019 | Bookmakers


What is a Yankee Bet? How does a Yankee Bet work?

What is a Yankee Bet? How does a Yankee Bet work?

(by iwinsoccerbets)   

Gain more Yankee betting knowledge, so you know when to use this cover/insurance bet and potentially minimise losses
- Updated: 21 June 2019 | Bookmakers, odds


What is a Patent Bet? How does a Patent Bet work?

What is a Patent Bet? How does a Patent Bet work?

(by iwinsoccerbets)   

Understand how a Patent Bet can help you to gain returns even when you lose
- Updated: 21 June 2019 | Bookmakers, odds


Basics of Cold Trading on betting exchanges and knowing when to trade the markets

Basics of Cold Trading on betting exchanges and knowing when to trade the markets

(by iwinsoccerbets)   

Is it realistic for you to cold trade betting exchanges?
- Updated: 14 June 2019 | betfair


How to choose the best online bookmakers for your sports bets

How to choose the best online bookmakers for your sports bets

(by iwinsoccerbets)   

How to choose where to place your next bookmaker bet
- Updated: 10 June 2019 | Bookmakers


Why team motivation is an important factor in football betting

Why team motivation is an important factor in football betting

(by iwinsoccerbets)   

Why you should identify motivation as a foundation of your next favourite vs underdog wager
- Updated: 05 June 2019 | betting strategy


The top 10 football analysis tips to smash your success rate

The top 10 football analysis tips to smash your success rate

(by iwinsoccerbets)   

Using long-term soccer information and performance data for success rate improvements
- Updated: 28 May 2019 | betting zone


What is scalp trading and how to scalp trade on betting exchanges?

What is scalp trading and how to scalp trade on betting exchanges?

(by iwinsoccerbets)   

Get professional trading skills, so you can get the most out of betting exchanges and earn profits
- Updated: 26 May 2019 | betfair


Are you confused by hedging? Review the top hedging options for your next soccer bet?

Are you confused by hedging? Review the top hedging options for your next soccer bet?

(by iwinsoccerbets)   

Every soccer punter needing an edge should understand hedging?
- Updated: 25 May 2019 | betting strategy


How to start your successful sports betting or professional gambling journey

How to start your successful sports betting or professional gambling journey

(by iwinsoccerbets)   

If you’re consistently losing, you’re not doing something right…
- Updated: 17 May 2019 | betting strategy


How to use OPTA stats and betting stats to become a profitable football punter

How to use OPTA stats and betting stats to become a profitable football punter

(by iwinsoccerbets)   

How to leverage your sports betting with reliable data and deep analysis
- Updated: 14 May 2019 | trends


8 gambling myths to avoid if you want long-term sports betting profits

8 gambling myths to avoid if you want long-term sports betting profits

(by iwinsoccerbets)   

Learn why you should ignore bankrupt punters with no track record?
- Updated: 13 May 2019 | betting tips and tricks


How to recognise your common betting mistakes are more than beginners bad luck

How to recognise your common betting mistakes are more than beginners bad luck

(by iwinsoccerbets)   

How to make better betting choices by removing common betting mistakes
- Updated: 12 May 2019 | betting zone


Advanced soccer betting strategies using historical football data for popular betting markets

Advanced soccer betting strategies using historical football data for popular betting markets

(by iwinsoccerbets)   

Try something a little different and take your betting to the next level using more advanced betting techniques
- Updated: 11 May 2019 | betting strategy


5 reasons why you should consider bookmakers before betting exchanges

5 reasons why you should consider bookmakers before betting exchanges

(by iwinsoccerbets)   

Bookmakers vs Betting Exchanges; why you should keep using Bookmakers
- Updated: 09 May 2019 | Bookmakers


How to start a useful sports blog and popular online sports service for free

How to start a useful sports blog and popular online sports service for free

(by iwinsoccerbets)   

How and why you need to get started on a sports website
- Updated: 09 May 2019 | betting zone


What are database statistics and why are they important for football betting?

What are database statistics and why are they important for football betting?

(by iwinsoccerbets)   

Get more soccer stats and improve your betting knowledge
- Updated: 07 May 2019 | betting hints and tips


Can your daily life affect your bets? Are you making the most of your betting opportunities?

Can your daily life affect your bets? Are you making the most of your betting opportunities?

(by iwinsoccerbets)   

How to make better sports betting choices and discover more about betting markets
- Updated: 04 May 2019 | betting zone


The meaning of Both Teams to Score (BTTS) and how to find good BTTS bets

The meaning of Both Teams to Score (BTTS) and how to find good BTTS bets

(by iwinsoccerbets)   

What is Both Teams to Score and how to find suitable selections?
- Updated: 04 May 2019 | betting strategy


You need more than bookmaker odds to accurately predict the most trusted sporting events

You need more than bookmaker odds to accurately predict the most trusted sporting events

(by iwinsoccerbets)   

Sometimes the obvious data, such as bookmaker odds may not help you profit over the long-term.
- Updated: 24 April 2019 | Bookmakers, odds


Why you should understand the meaning of a football handicap before your next bet

Why you should understand the meaning of a football handicap before your next bet

(by iwinsoccerbets)   

An easy to follow football handicapping explanation with examples
- Updated: 22 April 2019 | Bookmakers


Why you should stop betting to earn extra money from home?

Why you should stop betting to earn extra money from home?

(by iwinsoccerbets)   

Why you should quit betting if you want an easy way to make extra money
- Updated: 13 April 2019 | betting zone


1234567