kissngate
Kateykrunch
Well after a dry period, I won 1 x £100 and Hubby won 4 x £100 prizes..
I like Premium Bonds, but I just dont get it really. My win was from a purchase that went into the draw on the 1st September and Hubbys of the 4 x £100 wins 3 of them are all very similar numbers that have won.
I once queried the whole set up and was assured they are audited monthly, but your bond number has numbers and letters and is drawn randomly by some sort of sound wave thingy, if its so random, how can 3 similar numbers win!
I also realised (I am not obsessed lol) that a winner can win with a bond that hasnt stood for the preceeding month, any directly reinvested wins dont have to stand and go straight into the draw.
Anyway, hope some of you have had a nice win this month.
Phew!
You arent on your own querying the random draw process with NSI. I regularly download all the numbers from their website and I picked up by chance a while ago that some bonds (same prefix letters and numbers) were being drawn numerous times each month and again in the following months. One month the same person won 10k, 5k plus smaller amounts on the same bond. Another won 25k and 5k the following month, another 10k then 5k the month after.. I could go on but it happens all the time that the same bonds come out for the same person you only need to search by bond number or area to identify multiple wins on the same bond. I wrote to NSI and asked them if it is so random why do the same numbers win regularly (flagging bonds that were winning large prizes multiple times). They referred me to the Audit office and told me to take it up with them as they verify the draw. Didnt get a response and just couldnt be bothered following it up. IMO Ernie isnt truly random and definitely has favourites. I have been withdrawing mine and reinvesting in fixed interest bond which are guaranteed to pay out.
Well you are just like me in wondering how this randomness works, It just makes no sense to me. I once asked Paul Lewis (Money Box) and he queried it with ERNIE on my behalf, the outcome being similar to yours in as much as well “the draw is independently audited”. I think in years to come, there will be a headline stating how incorrectly it has all been carried out. I have started trying to fox ERNIE by investing random amounts like £337 (rather than a round number) and withdrawing then reinvesting. I also reinvest my winnings as they go into the next draw without having to stand the month, AND, I have won a few times with these new bonds, and this tactic, its bonkers. Obsessed? No, Bewildered? Yes.