Thursday, August 28, 2014

What Does The Upcoming Changes To The Toto Betting Means To The Investors?

Toto Singapore Rules Changes
If you have not already know, come 7th October 2014, you will have slimmer odds in winning the Toto Top Prizes amidst the bigger prizes. The changes are in response to the Government's decision to increase the betting duty rates on lotteries from 25 per cent to 30 per cent from July onwards.  

Here are some key changes to be expected in October 2014 :

1. Minimum bet will be doubled from 50 cents to 1 dollar;

2. The guaranteed jackpot will increase from $500,000 to $1 millions;

3. The total numbers will increase from 45 to 49 (means the odds for the top price is reduced from "one in 8 millions" to "one in 14 millions");

4. There will be a new prize category i.e. combination of three numbers will win you $10 (this will increase your odds of winning from "one in 321" to "one in 54").

So, what does it means to the investors (I means, punters)? It means that our money has become smaller (i.e. 50 cents no longer enough to buy you dream) and it is harder to get rich by luck. So, you might be better of saving and accumulating your "intended fund" and invest it regularly in EFT or stocks which has more potential of accumulating wealth for you. 

Personally, I am not a Toto fan and hence such changes has no impact to me. What about you?

Cheers! 

6 comments:

  1. Thanks for the update.

    I think in terms of probability it surely changes the whole structure. There will be many more people winning the $10. The big price hmm I think there will be many more rollover.

    ReplyDelete
    Replies
    1. B : Ya, I think so... but winning $10 like no kick ler...hahaha
      CW8888 : But need to wait looooong looooong for the "instant" to come...lol

      Delete
  2. Replies
    1. Ya, it also means that our money is depreciating in value... ok ok, it goes back to the inflation....

      Delete
  3. It thus can be broadly categorized as one of the best betting sites with a traditional betting forum, without any glamour. zcode system

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