Calculating the potential prizes that you can win depends on a game’s payout rates. This mathematical data allows you to determine if a ticket is actually likely to win you some money. To begin with, we’ll focus on the current payout rates for games at your local newsagent. Then we’ll show you why, in terms of accounting, it’s more advantageous to play scratchcards from private dealers on the internet.
Briefly stated, the payout rate, also known as the Player Rate of Return (PRR), rate of Reimbursement or Teturn to Player (RTP), is a percentage that represents the total of payments disbursed by the dealer to bettors during a given period. The most important thing to understand is that the higher this percentage is, the more the game is profitable for the player.
National scratchcards are more expensive than most others. What’s more, their overall payout rates are not very profitable. If we look at a typical Irish National Lottery game like Cash777® for example, which costs €2, we find that it has a payout rate of 66% with maximum winnings of €70 000. This means that 66% of players who bought a Cash777® ticket have been at least reimbursed on their initial bet.
Other games like Fast €50® are even less lucrative; each single ticket costs €1 but the RTP for this game is only 63% for very low potential winnings (€50).
Betting on Irish National Lottery scratch tickets is not worth the trouble. Spending even just €2 on one game whose chances of winning are miniscule and where the guarantee of seeing your bet reimbursed is only 66% is, quite simply, a scam.
Knowing what we said above, it's not very complicated. All you have to do is play on sites that offer larger winnings to players, so you have to turn to foreign gambling operators. This is because they are not restricted by local legislation or tax deductions and can therefore distribute more winnings to their players while remaining profitable.
By playing on a foreign operator you will also be entitled to much better bonuses and regular offers which are easy to take advantage of, thus increasing your overall winnings.
Here is a list of specialist scratchcard sites offering the most attractive PRRs:
On the other hand, if we consider scratchcards from specialty websites and online casinos, we realize that payout rates may easily approach 85 percent. With Lucky Double™ from Net Entertainment, we’re even assured a win one in three shot at winning! And here we’re talking about enormous cash prizes!
