Thu, Aug 1, 11:50am by Ethan Anderson
Last Updated Tue, Oct 8, 12:17am
In every case, playing scratchies for real money provides the edge to the game, allowing for the range of emotional highs. Of course, nobody wants to feel the emotional valleys from losing massive amounts of money when playing scratchies, so it’s helpful to enter into scratch card play with solid information and a solid plan.
In order to have a solid plan for playing scratchies for real money, you need to understand your odds of winning. Scratch card manufacturers will make a series of scratch cards, which will indicate your odds of winning, as well as the largest prize you can win.
Typical odds in scratchies will be 1 in 3 on down to 1 in 5, but keep in mind, a win in this sense is not necessarily the largest prize. For example, if you were to buy scratchies at AU$1.00 a piece, a win might only be for the same dollar as the purchase price.
By law in Australia, no form of gambling can offer a payout rate less than 87%, so if you wager $100 consistently over time, your expected return would be $87 on each $100 wagered, on average. Scratchies will display their prize ranges, and it is these different prize ranges that allow them to return at an 87% or better payout rate.
Typically the payout rates for physical scratch cards averages around 90%. The average payout rate for real money online scratchies hovers at around 96.2%. Physical scratchies involve material and a manufacturing process, while online scratchies involve a programmer writing code. Consequently, the online variety, with its lower manufacturing costs, can afford to payout at a higher rate.
Another savings that online scratch cards provide over their physical counterparts is savings from fees that physical establishments can charge for providing payouts for the scratch card manufacturers. Online games cut out the middle man.
The more expensive the scratch cards or online scratchies, the higher the prize money pool is as well, but there is no strategy to use statistical analysis to get you on the road to millions. The actual mathematics involved are hidden. Although a 1 in 3 chance gives you some information, the number of times that certain prizes enter into circulation remains unknown.
So the most important thing to know about real money scratchies is that winning money with them is purely a matter of luck, and the odds are set for you to lose money over time.
Now that you know the facts about scratchies and their odds of winning, you must have a plan. The most important part of this plan is to understand that losing money is probable. Therefore, never play scratchies with more money than you can afford to lose. Keep a budget in place.
Here are some additional tips for playing real money scratchies:
Taking these steps can help to ensure that your experience playing scratchies for real money is fun, and perhaps on your good days, even lucrative. Bon chance!