Lotteries
When you buy a ticket for any of the lotteries in Australia, it gives you a chance to dream big. You can imagine owning a mansion, a Lamborghini, and jet-setting around the world. Right after a lotto draw you quickly visit the Lott website or app and ‘check my ticket’, only for there to be that deflating and disappointing feeling. All that anticipation and build-up, and the results are determined within a couple of minutes — what a letdown.
Did you know you have a higher chance of being struck by lightning in your life than you do of winning the lottery? Talk about some lousy odds.
There are many different official lottery games to play in Australia, which is licensed by The Lott, and Lotterywest. They include:
Oz Lotto is a national lottery game which is drawn every Tuesday night. The odds of winning even 7th Division is 1 in 87. To win the jackpot, you need to get all 7 from 45 numbers, with the chance of winning being one in 45,379,620.
Saturday Lotto is a national draw which happens every Saturday night in Australia. In Queensland, it is called Gold Lotto. The odds of winning the 6th Division are 1 in 144, while the chance of winning the 1st Division is 1 in 8,145,060.
Mega Jackpot is part of the Lucky Lotteries run by Tattersalls. All the tickets for a Mega Jackpot are auto-picked, and generally, are allocated sequentially by the computer. There is both a $2 jackpot and a $5 jackpot. The odds of winning a $2 Jackpot Lottery is 1 in 18,385,876. For the $5 Jackpot Lottery, the odds of winning the jackpot is 1 in 9,483,167.
Mega Jackpot is part of the Lucky Lotteries run by Tattersalls. All the tickets for a Mega Jackpot are auto-picked, and generally, are allocated sequentially by the computer. There is both a $2 jackpot and a $5 jackpot. The odds of winning a $2 Jackpot Lottery is 1 in 18,385,876. For the $5 Jackpot Lottery, the odds of winning the jackpot is 1 in 9,483,167.
Powerball is run through Tattersalls and is drawn every Thursday night. It is known for its huge jackpots, as well as being notoriously difficult to win. The chance of winning any prize is 1 in 44. But, the odds of winning the jackpot will leave you in disbelief. If you buy a Powerball ticket, you have a 1 in 134,490,400 chance of winning.
Set for Life doesn’t pay a considerable jackpot at once. Instead, if you win, you will receive $20,000 a month for 20 years. Winning Set For Life can let you dream every day. However, the odds of winning any prize are 1 in 59, with the odds of winning Division 1 being 1 in 38,608,020.
Other lottery games in Australia have odds which are just as bad. Super 66 has a 1 in 1,000,000 chance of winning 1st Division. Lotto Strike has 1st Division odds of 1 in 3,575,880
Besides tickets for lotteries, lotto shops also sell scratchies which have even worse odds for smaller prizes. A $1 scratchie has a top prize of $10,000, but odds of 1 in 875,000. Whereas, a $5 Crosswords scratchie has a top prize of $100,000 with odds of 1 in 1,700,000.
It’s difficult to win one of the lowest divisions, which barely breaks even. Yet with such astronomical odds of winning, millions of people continue to buy tickets to lotteries week after week. The game is over quicker than it takes to buy a ticket in-store or online.
There’s also the inconvenience of having to buy a ticket by a set time. Otherwise, you will miss out completely on the lotto draw.
If you’re looking for a better chance to win big, luckily there is another option. Joe Fortune online casino brings the fun and excitement of a real casino to you. Experience the thrills of The Star Casino in Sydney, Crown Casino in Melbourne, or The Treasury Casino in Brisbane, right from the comfort of home - on your laptop, tablet, or smartphone.
An online casino isn’t only entertaining. It also has a massive selection of games where you can win real money at much better odds than playing lotteries. It’s even more convenient, allowing you to play 24/7 at a day and time which suits you. No more having to wait for set days and times for the lottery.
When you enter a lotto draw, buy scratchies, or go to a real casino, there is also never a chance to receive a bonus or play free games.
But, with online gambling at Joe Fortune, there are plenty of bonuses, rewards, and free spins. Each one gives you more chances to play and win big than playing lotteries. As a welcome bonus, you will receive a 100% deposit match and 20 free spins, as well as on the first reload.
There are also flexible payment methods. You can pay in Australian dollars with your credit cards and crypto using Bitcoin.
At an online casino, there is a ‘house edge’. What this means is the mathematical advantage that the game and online casino has over you, while you play.
With Blackjack, the house edge is sometimes as low as 0.5%. This gives you the best chance of all online gambling games to win real money. It’s an almost level playing field between the house and Australian players.
With Roulette, the house edge varies based on the type of game played. A single number has odds of 1 to 35. For American roulette, that is a 2.6% chance of winning, and 2.7% for European roulette. When betting on even/odd, red/black, or low/high combinations, you have a 48.6% chance of winning American roulette, and 47.4% chance of winning in European roulette.
Baccarat is the mysterious game often associated with James Bond and high rollers, but it’s not nearly as difficult as it seems. In fact, in Baccarat the house edge is only 1.06% on the banker bet, 1.24% on the player bet, and 14.36% on the tie, giving you a great chance to win real money.
Video poker is perhaps the most popular online casino game. It combines skill, with a house edge as low as 0.46% to give the best value for your hard-earned Australian dollars compared to lotteries.
With Craps, you have a chance to win big. It depends on the type of bet you place, with the possibility of winning between 2.78% and 16.67% per bet. If pokies are your game of choice, you can play for monster jackpots at an online casino.
Joe Fortune offers the hugely popular Keno which provides much better odds of winning than the lottery. The odds vary depending on how many numbers you decide to bet on. Choosing a single number gives a 1 in 4 chance. The more numbers you select, the higher the odds.
Bingo is one of the favourite games for Australian players, and for great reason. It’s a simple and fun game. The more bingo cards you buy, the higher chance you have of winning. With bingo, there are no jackpots. Instead, the game keeps on going someone wins.
Rather than buy tickets to the lotteries and waste your money, try your luck at an online casino instead. Joe Fortune has better odds, more convenience, and a higher chance of winning. Use bonuses, free spins, and rewards from Joe to increase your chance of winning big.
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