Premium Bonds - If you post to say how much you've won, please also say how much you have invested.

200sols · 2 Mar 2023 at 12:20

You didn't not win because you have old numbers :cry:

iron_monkey · 2 Mar 2023 at 12:20

My dad has 50k in bonds. He usually only wins £0-£25 but the last few months hes had a £750 and £600 win.

Mrwong · 2 Mar 2023 at 12:30

200sols said:
You didn't not win because you have old numbers

yes, I know that is why I will cash them in and reinvest.

scrivz69 · 2 Mar 2023 at 12:34

Me and the wife both won £100 each this month so chuffed with that.

Pigeon_Killer · 2 Mar 2023 at 12:35

Given up trying to log in, every time I enter my details it starts loading then takes me straight back to the sign in page or hangs at the MFA stage.

Mercenary Keyboard Warrior · 2 Mar 2023 at 12:38

Yeah its being hammered today
£25 for us.
Not great but at least its a win.

NotAGolf · 2 Mar 2023 at 12:48

ShiWarrior said:
50K is maximum amount
1 yours, the other is your other half?

Oh wait there's a joke in there somewhere

Yea one in my name, the other in my wife's. I'll let you keep working on that joke :cry:

Feek · 2 Mar 2023 at 12:52

Mrwong said:
Just reminded me about them, I won Zero have a few thousand, going to cash in and rebuy.

All that will achieve is that you'll miss a draw.

Mrwong · 2 Mar 2023 at 13:56

Feek said:
All that will achieve is that you'll miss a draw.

From what I read, it was best to repurchase as there has be a higher proportion of winners with newer numbers.

dlockers · 2 Mar 2023 at 14:00

Mrwong said:
From what I read, it was best to repurchase as there has be a higher proportion of winners with newer numbers.

You read a lie

Feek · 2 Mar 2023 at 14:07

Mrwong said:
From what I read, it was best to repurchase as there has be a higher proportion of winners with newer numbers.

It's random. You're wrong, Mrwong. Again.

~Mike~ · 2 Mar 2023 at 14:19

Mrwong said:
From what I read, it was best to repurchase as there has be a higher proportion of winners with newer numbers.

It's best to take them out for at least 6 months before repurchasing to maximise your chances of getting more winning bonds.

Report back on how you get on.

Mrwong · 2 Mar 2023 at 14:35

Feek said:
It's random. You're wrong, Mrwong. Again.

Of the 282 prizes worth between £10,000 and £1million handed out in the three month period you outlined, 79 per cent – 224 prizes – of the winning numbers were Bonds purchased between 2010 and 2019.

Just 16 per cent – 45 Bond numbers – were bought between 2000 and 2009, and five per cent were older than 2000

Always worth a try.

dlockers · 2 Mar 2023 at 14:38

Mrwong said:
Of the 282 prizes worth between £10,000 and £1million handed out in the three month period you outlined, 79 per cent – 224 prizes – of the winning numbers were Bonds purchased between 2010 and 2019.

Just 16 per cent – 45 Bond numbers – were bought between 2000 and 2009, and five per cent were older than 2000

How many bonds by volume, otherwise this is just dumb statistics?

Feek · 2 Mar 2023 at 14:38

Mrwong said:
Just 16 per cent – 45 Bond numbers – were bought between 2000 and 2009, and five per cent were older than 2000

Now look at the percentage of bonds out there and come back telling us what percentage in total were bought before 2000.

/edit. Someone shoot me. @dLockers and I said the same thing at the same time.

Mrwong · 2 Mar 2023 at 14:41

dLockers said:
How many bonds by volume, otherwise this is just dumb statistics?

As I said it is always worth a try, selling a few and buying them again.

dlockers · 2 Mar 2023 at 14:42

Mrwong said:
As I said it is always worth a try, selling a few and buying them again.

I don't care what you said because you are wrong.

Edit: Mr wrong

Feek · 2 Mar 2023 at 14:48

Mrwong said:
As I said it is always worth a try, selling a few and buying them again.

You do realise that you are reducing your chances by doing that?

Even if you withdraw your money and reinvest it on the same day, it'll miss a draw because it has to be in there for a full month before it's eligible. So in that calendar year, you'll only be in eleven draws instead of twelve.

Mrwong · 2 Mar 2023 at 14:56

Feek said:
you'll only be in eleven draws instead of twelve.

Feek said:
You do realise that you are reducing your chances by doing that?

Even if you withdraw your money and reinvest it on the same day, it'll miss a draw because it has to be in there for a full month before it's eligible. So in that calendar year, you'll only be in eleven draws instead of twelve.

However the chance of winning becomes less an less anyway. I just going what has been written. Everyone has an equal chance but reduce chance.

Since October 2016 the number of eligible Premium Bonds has grown from roughly 63billion to 113billion suggesting that although the ultimate prize is stacked slightly in favour of those who have recently purchased, there isn't necessarily any bias towards newer Bond numbers.

Feek · 2 Mar 2023 at 15:02

Mrwong said:
However the chance of winning becomes less an less anyway.

Should I sell my old Premium Bonds and purchase new ones?

I have held a sizeable sum in Premium Bonds with National Savings and Investments for the best part of two decades. The returns I've had are modest - the old smaller prize win here and there.

www.thisismoney.co.uk

Read and understand. It explains why the 'statistics' you quoted are so, so wrong.