Shouldn't Toto jackpot be $10m?

last SG · 2010-07-21T13:28:56+00:00

if you free... make a trip down AMK Hub (2nd level) outside a PC shop... selling very nice Fortune Cats..(imported from Japan)...found that waving hand kitt...

Clivebenss SG

THE coming Singapore Pools Toto draw on Friday carries prize money of $8.3 million.

The previous draw on Monday carried prize money of $3.3 million, and there was no Group 1 prize winner.

When this happens, the prize money would usually snowball to the following draw and escalate to about $5 million at least, because the numerous bets collected from punters from the previous draw would more than substantiate the increase in prize money.

It had been announced that this Friday's draw would be a special one carrying $5 million in prize money. So rightfully, shouldn't the prize money for this draw snowball by an additional $5 million, making it $10 million, rather than $8.3 million?

Why is there a discrepancy?

Vernon Sim

the Bear SG

knn.. this type of nonsense also want to kpkb...

where does he think Singapore Pools make their money from?

SevenEleven SG

I recall they only have $10m jackpot during CNY. donno since when did they intro 1 Mid Autumn draw of $5m.

given that the last $3m draw, on one won, $8m draw seems resonable....However, I won't mind sharing with 7 other ppl if i'm that lucky

ditzy SG

Too much free time. Wonder if he has time to draft a letter for me.

the Bear SG

time for me to go put $5 in it..

uhh.. how to buy har?

ditzy SG

I also dunno, I never bought toto before. Even 4D, need my gf to buy for me, and only if she wants to buy.

SevenEleven SG

time for me to go put $5 in it..

uhh.. how to buy har?

for $5, you can have combination of 1 system 7 (7 numbers) + 3 ordinary (6 numbers) or 7 ordinary. Just go say $3.50 and $1.50 or say $5 ordinary

SevenEleven SG

I also dunno, I never bought toto before. Even 4D, need my gf to buy for me, and only if she wants to buy.

i'll probably be here to ask how to collect the jackpot prize har? if that day arrived

the Bear SG

orh.. go to the auntie there say $5 ordinary.. give her $5

dragg SG

knn.. this type of nonsense also want to kpkb...

where does he think Singapore Pools make their money from?

i dont understand why he finds the amount important.

its not like he is going to touch it the next draw.

jgho83 SG

why u ppl so critical of this post?

Its just something to ponder about.

save the words like knn kpkb its rude.

the Bear SG

why u ppl so critical of this post?

Its just something to ponder about.

save the words like knn kpkb its rude.

critical because it is a gambling thing.. and Singapore Pools has rolled over the prize as 7-11 has explained..

along with all these, there are lots of other costs like hiring of the aunties to run the machines at the betting shops...

all these add up..

plus a profit margin for Singapore Pools (it is a business after all)

the $8m jackpot is reasonable...

but i guess the gambler always wants more, even if each row of 6 numbers has 1 in 8,145,060 chances of getting that jackpot

ahtansh SG

greedy little Vernon Sim. The question shouldn't be the potiential amount but whether you can hit the first prize or not. 10M share with 6 people, 8.3M share with 4 people or 3.3M you single winner? A lower prize money will have lesser punters thus increases your chance of a single winner.

ChoCoChips SG

auntie 五块quick pick

Junyang700 SG

Doesnt matter.

It is an estimated amount of $8.3 million... Maybe too many people lost during the World Cup. No money buy Toto liao... LOL...

Anyway, did happen before that they estimated $1.5 million pool prize, ends up only $1.2 million pool prize.

If i am not wrong, 60% of the bet amount will become the pool prize, while Singapore Pools profits 40%....

So if its $10 million worth of bets... The pool prize is only $6 million.

So in this case, estimated $8.3 million means they expect to collect $13.8 million worth of Toto bets. Mean Singapore Pools profit $5.5 million instantly!!!!

the Bear SG

auntie 五块quick pick

quick pick is they randomly generate numbers right?

i go do that during lunchtime

Junyang700 SG

time for me to go put $5 in it..

uhh.. how to buy har?

$5 Toto Quickpick

the Bear SG

$5 Toto Quickpick

okay.. ahahaha..

huat ah!!

ChoCoChips SG

quick pick is they randomly generate numbers right?

i go do that during lunchtime

for $5 get 10 lines,

6 numbers each.

must hit 6 to win jackpot.

good luck

Junyang700 SG

for $5 get 10 lines,

6 numbers each.

must hit 6 to win jackpot.

good luck

4 to win something! LOL..