What are the odds of your scratch card hitting the jackpot?
What are the odds of your scratch card hitting the jackpot? Now, thanks to a new website, you CAN discover
- You can still buy scratch cards for games even though there are no more cash prizes
- No new maps can be printed, but those already exposed can still be sold
- When you buy a scratch card, it says on the back what your chances of winning are
- But these quoted odds are for all cash prizes – even those not exceeding £1
- New site lets bettors know which scratch cards still have big prizes up for grabs
Hundreds of millions of scratch cards are sold every year in the UK, with punters hoping to win life-changing sums of money in an instant.
You’re more likely to be struck by lightning than to win big – but hope often outweighs reality for consumers looking for Lady Luck.
However, a 26-year-old technology consultant from Clapham wants to improve your chances with his new website, smartscratchcard.co.uk.
Will Love has spent months analyzing National Lottery data to assess the odds of winning prizes for various scratch cards – which cost from £1 to £5 and offer prizes of up to £2million.
Although he enjoys a steady 9-to-5 job at a business and IT company, he has a passion for sports and projects outside of his job.
This scratch card website is his newest venture, and it went live just a week ago, on July 13.
It lists the cards you can buy and gives an estimate of your true chances of winning the top prize – or even cash at all.
He was inspired to create the site after learning that scratch cards remain available for purchase in stores even when there is no more money for the first prize – so you are effectively running a race for which someone already holds the trophy.
“It shocked me to learn how scratch cards are sold for already won jackpots,” says Mr. Love. “It’s really a joke.”
A game is luring buyers with the chance to win £100,000 a year for 20 years – but the winning tickets have already been scratched.
No new cards for this game can be printed, but those already exposed can still be sold.
The odds of winning a prize are printed on the back of a scratch card, but are for all cash prizes, even those of £1.
And you’ll have to dig deeper on the National Lottery website to find out more about the top prize you’re hoping to win.
Huge choice: There are many different card games, with prices ranging from £1 to £5 per card. Prices range from £50 to £2 million
Mr Love gives consumers a more detailed breakdown of their odds by pulling data from the National Lottery website and calculating an estimate of the true odds – although he admits the precise figure is hard to pin down.
Importantly, its website indicates if there are any cash prizes left.
Details are available on a range of games including Monopoly Gold, Bingo Multiplier, Cosmic Cash and Play Your Stars Right.
Smartscratchcard.co.uk also provides an “algorithm score” for each ticket type.
Six fun facts you didn’t know
- Scratch cards were first introduced in the United States in 1974.
- They were created by computer scientist John Koza and retail promoter Daniel Bower.
- At the time, the pair noticed that with state lotteries there was a week-long delay in knowing if you had the winning numbers on your ticket. They thought an “instant win” alternative would be popular.
- Scratch cards didn’t come to the UK until 1995, some 20 years later.
- Scratch boards are made with liquid latex, which can be rubbed off after drying.
- Over 40,000 stores in the UK sell scratch cards. You can even add one to your online grocery store with Tesco, Asda and Morrisons.
The score takes into account a ‘return to player’ value – the percentage of money that will be returned to players – the number of jackpots remaining and the odds of winning. The higher the algorithm score, the better.
Any game where the first prizes have all been pocketed already instantly receives an algorithm score of zero.
“Your odds of winning are so low, but I want to give people transparency so they know that,” Mr. Love says.
“If you want to have a little fun and aim for a jackpot, you can at least see what the estimated odds are.”
Rules approved by the regulator, the Gambling Commission, state that no new batches of scratch cards for a game can be sold after the first final prize has been claimed, although this only applies to prizes from scratch cards. worth £121,000 or more.
Of the scratch cards reviewed on the Mr Love website, more than a third had a top prize below £121,000.
A spokesperson for Camelot, which operates the National Lottery, said: “Best Price Scratch Card information is fully available on the National Lottery website and can also be found on our in-store digital media screens. – so at the point of purchase in stores.’
He also points out that scratch cards come with a number of potential prizes, adding: “So even if there are no jackpots or there is only one jackpot left, there is still many more prizes to be won in the remaining prize pool”. ‘