The prize amount will be rounded up to the nearest 10 cents. The prize amount for each winning iTOTO unit is the prize amount of the winning Quick Pick System 12 Entry divided by 28.
The way prize amounts are calculated for iTOTO ticket holder for each Prize Group is slightly advantageous when compared to a System 12 ticket.
Is iTOTO winnings simply 1/28 of System 12 winnings?īringing back the current bet prize table for the different prize groups: I somehow feel that there must be more than meets the eye - Singapore Pools had no reason to be creating a “better bet type” advantageous to betters. One thing that got me thinking: IF they are basically the same “bet type”, wouldn’t it make sense to skip Ordinary to System 11 bets (even System 12 in this case) and go long-term on iTOTO bets? The risks seemed substantially smaller and winnings proportionate to your risks taken. Probability of winning a prize for both System 12 and iTOTOīeing essentially the same type of bet (save the cost and prize won) as 12 numbers are chosen, System 12 and iTOTO both mathematically share the same probability of hitting a prize in the respective Prize Groups. All units of an existing iTOTO bet must be sold before a new iTOTO bet is generated upon demand. It is a Quick Pick System 12 Entry divided into 28 units: Unit cost and prize amount is divided by 28.
iTOTO is akin to a lite-version of System 12. Following up my thoughts in my previous article on TOTO: Winning over the long run - Go BIG or Go HOME, I was pretty interested to zoom into a particular bet type for the lottery as it seemed to present a better chance (or probability) of winning at a lower cost.
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