Even if you get nothing more for the next 8/9 months that's a simple 5% return already. If you hold for another year beyond that its still 2.5% blimey I'm already tempted if I wasn't aware of the true odds and now i know someone who has (sort of know ) that must have dropped my chances.
I'd definitely be basking in the glory if I were you
I managed £50 on a £30k investment so you done a lot better then me,maybe next month is lucky for me
TBF I've got a lot more than £1k PBs in total (about a third of yours though) and more than £1k is ex-RS. I won £75 today, the other £25 was from a slightly older investment. My last win prior to today was £25 in May so not a bad few months but came after quite a fallow spell. I fear I may be hooked though!
Thought the forum was getting a bit boring so decided to liven it up a bit
Back to the boring old Metro Bank deal soon I expect
Remember that as time passes you approach the average winning chances (in your case from above) so your initial luck will 'wash out'. I can't emphasize this point enough: PBs used to headline the average return to investors, thus nuancing the distorting effects of the big and infrequent prizes on average returns.
Sort of like "the average pay in the UK is 30k while the median pay is 24k" [made up example] You want to live in a world of averages but in fact live in a world of medians.
Congrats. I topped mine up to 50k and won 4x £25 this month, that's my first win ever!
I actually won £50 in today's draw, so that's £125 across the Sep-Oct draws, with 11k invested.
Only £75 of those winnings was ex-RS though, strangely from the same 1k tranche (my third, to which I have since added 4 more making 7 in total, the last 2 of which aren't eligible until next month's draw)
Maybe I should quit while I'm ahead!
Pensioner. Investor. Ex-Peer to Peer Lender. Executive Producer. Antagonist.
Yeah you usually get a streak of wins for the first 3 or 4 months after investing - usually followed by a long barren run. Purely co-incidental of course.
Sorry but I just don't buy the 'beginners luck' conspiracy theory. It just doesn't work like that in reality, as evidenced from my own irregular PB investments.
In fact, just done a bit of research and found this:
Do newer bonds have more chance of winning?
No. This is an urban myth. Every bond has an equal chance of winning, no matter where or when it was bought. My suspicion of why people think this is because it used to be possible just to buy a £1 bond; now the minimum is £25 (and until Feb 2019 was £100). So people who have bought more recently tend to have more bonds which means they will tend to win more often.