The True Odds of Winning Lotto — MUST READ!
The Lotto Odds Calculator on this website explains that it is not what the individual numbers are, but whether a match is made with the draw’s random sequence of numbers. The calculator provides the actual true mathematical odds and expected return, given any particular, part or whole sequence match with the draw.
In Australian lotto, every number has an equal chance of being drawn. The science of mathematics states that we cannot predict a sequence of numbers based on past draws.
The calculator admirably shows that paying for more games through Standard, QuickPick or System games only improves the odds by one and the only way of greatly improving the chances of a win is unique to Australian lotto through Pick and Powerhit entries.
When lotto was established in 1900 in Tasmania, George Adams agreed with the then Government, who was lobbied by the Thoroughbred and Dog Racing Industries, to incorporate a ‘Play the Field bet (entry)’ in all lotto draws. This was a legislated agreement for all future lotto draws. It was an attempt by the powerful lobbyists to keep George out of ‘their patch’ because they didn’t think he could have a Play the Field entry with lotto. Clever George called these a ‘Pick’ entry. It was called a ‘Power Hit’ on the Powerball Thursday draw and a ‘Pick 6’ on the Tuesday Ozlotto, when they were established in the early 1990s — to satisfy the original lotto legislation.
The following information, based on a Monday, Wednesday or Saturday draw (6 from 45), provides Lotto players further clarification to better understand how the odds are greatly improved with a ‘Pick’ entry. Simply click on each heading to reveal the answers.
Tatts Pokies operated over 13,000 gaming machines in Victoria starting from 1994. However the company’s licence expired on 16 August 2012 and was not renewed.
The expiration of the licence led Tatts to sue The State of Victoria for compensation under a contract government signed with them in the mid 1990s. In the contract the Victorian state government signed, Tatts Group would be entitled to compensation for the infrastructure they had to pay for to set up their Tatts Pokies operation. The government materially benefited from this infrastructure.
The government argued that the contract stated that compensation would be paid if «licences» were granted to any other party from 2012, but instead they granted «entitlements» to other operators and thus alleged they didn’t have to pay the compensation.
On 26 June 2014, The Supreme Court of Victoria found that the «entitlements» were in effect licences under the contract government signed, and awarded Tatts Group $451,157,286 Australian Dollars plus court costs and interest.
Tabcorp Holdings also sued The State of Victoria under a separate agreement it had made with government, however the Supreme court of Victoria said that their agreement clearly only referred to the specific licences of the time and thus Victorian Government owed no compensation to Tabcorp. Tabcorp has since appealed this verdict.
On 8 July 2014 The State of Victoria lodged an appeal in an attempt to avoid paying Tatts Group the compensation. Tatts has stated it will defend the appeal.
Talarius PLC operates gaming machine arcades in the United Kingdom under the brands Quicksilver, Winners and Silvers. The company operates more slot machines in the United Kingdom than any other company, with 7,461 machines spread across 173 venues. Tatts Group sold the UK slot business in 2016 to Austrian gambling equipment manufacturer Novomatic Group.
Who is Eligible to play Saturday Lotto?
Previously, as with majority of lottery games throughout the globe, you need to be residing in the specific country to actually participate in any games it offers. Today however, genuine and certified sales agents for online lottery tickets are available, such as Lottosend and Oz Lotteries. With them, you can play lotteries comfortably from your own home, wherever you reside in the world.
This is applicable to the Australian Saturday Lotto as well as other Australian Lottery games present. It is simple for you to select your Tattslotto numbers online and buy your tickets, whether you are staying in Australia or any other place in the world.
This is great news if you reside outside Australia and desire to play Australian Saturday Lotto and ensure you will take part in the following draw or if you simply want to have the pleasure of being in a position to purchase lottery tickets online.
The age restriction that applies for buying tickets for any Australian Lottery games is a bit different; in all states it is 18 years old aside from Western Australia. Here, it is 16 years old.
The history of Tattersall’s can be traced back to George Adams in 1881. Adams moved to Australia from England at the age of 16 and worked in many positions including publican, stockbroker and baker. While working as a publican in Sydney in 1881, Adams took bets on horse races, which could be considered the start of his gambling business.
However, the company started a serious lottery when Adams moved to Hobart in 1895, a move supported by the Tasmanian Government. He set up his first operation there and eventually the company grew and developed in other states.
Tote Tasmania Pty Ltd was a Tasmanian state-owned company, with its shares being held by the Treasurer and Minister for Racing of Tasmania. It had an exclusive right to conduct parimutuel (totalisator) wagering in the state of Tasmania. The company was privatised and sold to Tatts Group for AU$103 million and merged into their operations in 2012.
When Tattersall’s was founded, George Adams structured the company so the original workers’ families would inherit the profits. This created so-called «Tattersall’s heirs»: subsequent generations inherited a share in the company’s profits. This was sometimes thought of as being unfair seeing people inherited the profits of a multimillion-dollar company (that benefited from a state-granted monopoly on much of its business) simply through birth. In 2005 the company decided to list on the Australian Stock Exchange «Tattersall’s heirs» were now allowed to sell their stake in the company and for the first time the public could buy into it. After the listing on the stock exchange local newspapers and other news media listed the names of these «Heirs».
Winning Odds of Tattslotto Saturday Lotto
There is an overall of 6 different methods for you to become a lottery winner of TattsLotto Saturday Lotto. When you select the 6 main winning digits correctly, your winning odds for the jackpot of Australia Saturday Lotto prize are 1 in 8.14 million. With these odds, you could become one of the top prizewinners of Tattslotto.
For one of 2nd division prizes and making a correct match of 5 of the main lotto digits and either 1 or 2 of the Supplementary Numbers, the odds are available at 1 in 678,755, which is more favorable.
The possibility of winning a prize of 3rd tier is 1 in 36,689, when you match 5 of the main numbers. For a prize on 4th tier when the 4 main numbers are matched, the odds are 1 in 733.
For a 5th division prize by matching only 3 of the main winning lottery digits and either 1 or 2 of the supplementary numbers, this gives you lottery odds of only 1 in 297.
The last prize for 6th division winning level offers 1 in 144 odd for choosing either 1 or 2 of the main winning digits together with the 2 Supplementary Numbers and the general odds of you becoming a winner of any prize on Tatts Lotto are 1 in 85, which is highly competitive.