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If you buy a modest £2200 worth of bonds, you should win at least one prize per year, according to the odds.

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What are your odds of winning a prize with premium bonds following the latest prize rate cut? However, this is an estimate, because many people have far more than this and they do not win. While it is valuable to understand what betting odds represent and convert between american odds, decimal odds and fractional odds in your head, our odds converter calculator. How to calculate premium bonds. If you buy a modest £2200 worth of bonds, you should win at least one prize per year, according to the odds.

Premium bonds are a product offered by the government through ns&i (national savings and investment).

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