HOUGANG – Punters are flocking to a “lucky” TOTO outlet in Hougang to join the Hong Bao draw on Friday. The draw’s grand prize has now snowballed to a staggering $16 million.
This is by far the biggest prize, according to a Singapore Pools’ report.
The queue snaking around the outlet at Block 685 Hougang Street 61 was captured in a video by a netizen. And there was really no need to queue, because TOTO tickets can be bought online.
But that won’t do for diehard fans. Not even the current scary surge of fresh Covid-19 cases can deter punters from lining up to place their bets.
Understandably, there are some who question why people would wait in line for a ticket that can be bought online. The answer is simple.
Seasoned punters believe that this particular outlet is “lucky” for having had 10 jackpots or group 1 winners. This is the highest number of wins in all of Singapore’s outlets as reported by Singapore Pools.
Despite the popularity of this week’s Hong Bao draw, there are sceptics who mistrust the draw since the identity of the winner or winners remains confidential – unless they choose to go public.
The personal finance website, DollarsAndSense.sg, argues that it simply doesn’t make statistical sense to play TOTO. It unveiled the math behind the probability of winning in an article published on Feb 5.
Are you ready? There is just a one-in-14-million chance that someone will win this draw and at the end of the day, the real winner will be Singapore Pools.
Get out of the get-rich-quick mindset, they say, and think of playing TOTO with friends and loved ones as a leisure activity, and just play responsibly./TISG