Bought fifty €2 all cash today

D-Generate

You should set up a webcam feed as you scratch off the 64 scratchcards. For some reason, I think I could be engrossed in watching someone potentially win a ****ton of money.

the purple tin

Hurry up OP :mad:

Jammy Donut

Waiting patiently for the news on the OP.

the culture of deference

AngryBollix wrote: »

But he was down €50 before he got the tickets (they are €1 arent they)

were you the bloke that gave cowan and lenihan advice that night

Gingernuts31

deisedevil wrote: »

He spent €100 euro. 50 x €2 = €100. He lost money, that's the current luck of the Irish right there.

So what that he lost a bit of money. You don't gamble and expect to win every time now do you? Thats exactly what I meant by good luck. He could have easily bought the 100 quids worth and got back 2 euro then id be saying different but he won over 60 quid and 5 frees.

Capt'n Midnight

AngryBollix wrote: »

But he was down €50 before he got the tickets (they are €1 arent they)

Home work for tonight

a ) compare and contrast Nett and Gross

b ) if someone bought fifty €2 "all cash", how much would one cost ?

the culture of deference

Capt'n Midnight wrote: »

Home work for tonight

a ) compare and contrast Nett and Gross

b ) if someone bought fifty €2 "all cash", how much would one cost ?

eh €50 each, no wait, €1 each, arrggghhhhhhhh , yea 50. no wait........
........... eh jedi

ft9

Found myself standing at the counter of my local shop earlier with a roll of €2 All Cash staring at me, decided to buy one.

(one €2 All Cash costs €2 for all you having issues with the maths)

Won €25!!!!!!!!!!! BOOOO YEAH!!!

Cheers OP your thread earned me €23 (€25 I won, minus the €2 I paid for the ticket, again, for those with mathematical issues)

The 99's are on me!!!

Fighting Irish

Bobby1984 wrote: »

Just out of curiosity Fighting Irish how many winning tickets made up the €64. 1 in 3 wins is what they say so that's 17 - you had 5 free tickets so stats would say that you had 12 other winners

You got it exactly, 12 wins, 5 frees

ft9

If I was spending €100 on scratch cards op, I would not have bought them in one shop.

I'd buy maybe 10 in 5 different shops. I imagine the chance of getting a few biggish wins on one roll of tickets would be less than tickets from different rolls.

Fighting Irish

CrazyRabbit wrote: »

They should tax forum posts. People would only post if it was worthwhile to do so. Spammers would be poor.

Erm, on second thoughts...I don't want to be poor.

As for scratch cards...I dislike getting them in birthday/Christmas cards. Don't get me wrong...I appreciate the thought, but with the odds of winning being so low, I effectively gain nothing most of the time. But, it is the thought that counts.

I'd prefer get a scratch card than a birthday card

Fighting Irish

ladysarastro wrote: »

I think All Cash gold its 1 in 6.4 chance of winning...

Just checked there, it's actually 1 in 5.1

Fighting Irish

Trey Flat Storeroom wrote: »

I wonder if he already paid his household charge or is he one of those who says he can't afford it :-)

I partially did this to piss off them people :pac:

--Kaiser--

Today I took out 2 fifty euro notes and burnt one of them.
Go me!

RobbingBandit

ft9 wrote: »

Found myself standing at the counter of my local shop earlier with a roll of €2 All Cash staring at me, decided to buy one.

(one €2 All Cash costs €2 for all you having issues with the maths)

Won €25!!!!!!!!!!! BOOOO YEAH!!!

Cheers OP your thread earned me €23 (€25 I won, minus the €2 I paid for the ticket, again, for those with mathematical issues)

The 99's are on me!!!

Fighting Irish wrote: »

You got it exactly, 12 wins, 5 frees

God damn you people the peer presure is killing me.

Fighting Irish

ft9 wrote: »

If I was spending €100 on scratch cards op, I would not have bought them in one shop.

I'd buy maybe 10 in 5 different shops. I imagine the chance of getting a few biggish wins on one roll of tickets would be less than tickets from different rolls.

meh, it's all the same, you could get 0 wins just as easy

Fighting Irish

--Kaiser-- wrote: »

Today I took out 2 fifty euro notes and burnt one of them.
Go me!

jealousy :pac:

Evil_Clown

antodeco wrote: »

So technically they're not 'All Cash'. False advertising. Better call Lionel Hutz

He is the man for it alright

Lionel Hutz: This is the most blatant case of false advertising since my suit against the movie The Neverending Story.

Grimebox

Fighting Irish wrote: »

Just checked there, it's actually 1 in 5.1

Does it say anything about the average amount paid out?

El Guapo!

Hmmmm.......I have €20 in my pocket that I was gonna use for buying my dinner later but now I'm contemplating buying 20 scratchcards instead.
Sure I could lose it all and go hungry, but there's also a chance I could win big and buy kfc for everyone!.......decisions, decisions.....

Fighting Irish

Grimebox wrote: »

Does it say anything about the average amount paid out?

nope, 1 in 5.1 wins which i presume includes winning a "free"

Capt'n Midnight

--Kaiser-- wrote: »

Today I took out 2 fifty euro notes and burnt one of them.
Go me!

only one ?

melekalikimaka

Gingernuts31 wrote: »

So what that he lost a bit of money. You don't gamble and expect to win every time now do you? Thats exactly what I meant by good luck. He could have easily bought the 100 quids worth and got back 2 euro then id be saying different but he won over 60 quid and 5 frees.

still idiot/poor tax imo

Bobby1984

Fighting Irish wrote: »

You got it exactly, 12 wins, 5 frees

Ok so my stats were based on 1 in 3 wins when actually its 1 in 5.1 which means you are beating the odds. Can you stay ahead of the game??? I think so.
Therefore prediction if you get same €2 scratch cards (32 plus you're 5 free) is 4 Frees and winnings of €32 - €42.

Not wanting to steal your thunder but I got 5 €1 scratch cards in a birthday card last month. One €4 win, one €2 win, a free ticket and 2 duds. Funny enough these scratch cards are called Easy Money . Already a profit and a free ticket to come!!!

Fighting Irish

melekalikimaka wrote: »

still idiot/poor tax imo

So are smokes and alcohol

Agent Smith

i'm gonna buy 20 in the morning, and report back

nkay1985

I eagerly await the results of the next lot of scratch cards.

I wonder how long it's take you to actually burn through your €100 like this. If you started with €100 and decided you wouldn't stop until you ended up with more than €100 or nothing at all. That's an interesting idea. Want to conduct the experiment for us OP? Assuming you bought 50 €2 All Cash in one shop today, I think you should buy 32 €2 All Cash (I think you said you won €64) in the same shop and scratch these, along with the cards you won. Then, if you aren't above €100 and don't get absolutely nothing off the scratch cards, you go again.

If 1 in 5.1 wins, I wonder what the average return on that 1 in 5.1 is and how many scratch cards you could actually get from your €100.

Fighting Irish

nkay1985 wrote: »

I eagerly await the results of the next lot of scratch cards.

I wonder how long it's take you to actually burn through your €100 like this. If you started with €100 and decided you wouldn't stop until you ended up with more than €100 or nothing at all. That's an interesting idea. Want to conduct the experiment for us OP? Assuming you bought 50 €2 All Cash in one shop today, I think you should buy 32 €2 All Cash (I think you said you won €64) in the same shop and scratch these, along with the cards you won. Then, if you aren't above €100 and don't get absolutely nothing off the scratch cards, you go again.

If 1 in 5.1 wins, I wonder what the average return on that 1 in 5.1 is and how many scratch cards you could actually get from your €100.

I was gonna get 64 €1 all cash, does that suit your experiment :pac:

kippy

D-Generate wrote: »

You should set up a webcam feed as you scratch off the 64 scratchcards. For some reason, I think I could be engrossed in watching someone potentially win a ****ton of money.

You must love winning streak, who wants to be a millionaire, etc.

the culture of deference

I just remembered that our work lotto (4 or 5 years ago) syndicate had a 100 quid built up and we did 100 quid on the euro millions when it got to the max prize.

We won nothing but it was fun

from wiki

Super Draws and Event draws are special drawings when the Jackpot is set to a guaranteed amount (often €100 million or €130 million at times), regardless of the expected Jackpot. The difference being that a Super Draw jackpot will roll over to the next drawing if not won but an Event Draw jackpot will be distributed amongst the winners in the next lower tier (ie match 5 + 1).

8 February 2008 €130 million 16 people

There was no winner with all 5 numbers and both lucky stars. The super-draw jackpot of was won by those people who had 5 numbers and 1 lucky star, winning a total of over €8.6 million each.

28 September 2007 €130 million 14 people

There was no winner with all 5 numbers and both lucky stars. The super-draw jackpot of was won by those people who had 5 numbers and 1 lucky star, winning a total of over €9.8 million each.




We won nothing but it was fun

the culture of deference

Fighting Irish wrote: »

I was gonna get 64 €1 all cash, does that suit your experiment :pac:

How much are they:D

thenightrider

Why did i just read every post on this thread ?

nkay1985

Fighting Irish wrote: »

I was gonna get 64 €1 all cash, does that suit your experiment :pac:

Nope as the average return would be less on the €1 ones and, if not, the chance of a higher prize would be lower I think. But hey, it's your money!

Dermighty

ft9 wrote: »

If I was spending €100 on scratch cards op, I would not have bought them in one shop.

I'd buy maybe 10 in 5 different shops. I imagine the chance of getting a few biggish wins on one roll of tickets would be less than tickets from different rolls.

The intricacies of spending our dole money on scratch cards :P

Elvis_Presley

this you?

Fighting Irish

thenightrider wrote: »

Why did i just read every post on this thread ?

Because we all love gambling

Fighting Irish

nkay1985 wrote: »

Nope as the average return would be less on the €1 ones and, if not, the chance of a higher prize would be lower I think. But hey, it's your money!

I understand all this, but it's more scratch cards :pac:

The Big Red Button

Agent Smith wrote: »

i'm gonna buy 20 in the morning, and report back

Well?

Eggonyerface

Some cracking maths on this thread ..
..watch out Mensa

the culture of deference

Fighting Irish wrote: »

Because we all love gambling

How much did you win on the free tickets

danslevent

My sister once won a grand on a scratchcard!

It could be you!! :P

ynul31f47k6b59

I despair. I really do.

Grimebox

I was googling the expected value of scratch cards and came across this

http://cdn-i.dmdentertainment.com/funpages/cms_content/17868/lotto2.jpg

You can't post images in after hours it seems

Prettyfireworks

Just wanted to post this here as a thanks the OP!

After reading this thread I decided to go out and spend €50 (it was payday, a little treat for myself!) on All Cash scratch cards,

20 x €2
10 x €1

Altogether I won €81 and 4 free scratch cards (highest single win = €40)! And no, I am not putting my winnings into more scratch cards.. My car tax is due soon so this will add nicely to the pot for that!

So thanks, OP.. I'm up €31 plus whatever I may get from the free cards!

metalfest

Bobby1984 wrote: »

Ok so my stats were based on 1 in 3 wins when actually its 1 in 5.1 which means you are beating the odds. Can you stay ahead of the game??? I think so.
Therefore prediction if you get same €2 scratch cards (32 plus you're 5 free) is 4 Frees and winnings of €32 - €42.

Not wanting to steal your thunder but I got 5 €1 scratch cards in a birthday card last month. One €4 win, one €2 win, a free ticket and 2 duds. Funny enough these scratch cards are called Easy Money . Already a profit and a free ticket to come!!!

1 in 5.1 wins cash, a free is not equivalent to cash :cool:

Prettyfireworks

metalfest wrote: »

a free is not equivalent to cash :cool:

Most shops offer ye the money instead of the free if you want it that way. Takes the fun out of it though!

DonkeyStyle \o/

I only buy scratch cards when I need a thoughtless gift to stick in a greeting card, and/or if the only thing open is a petrol station.

Thargor

Must....resist..urge...to.spend...€100..on.scratchcards....but...so..bored..today...

dsmythy

The girlfriend won 50 quid off one couple nights ago

Fighting Irish

the culture of deference wrote: »

How much did you win on the free tickets

50 scratch cards eventually turned into €95