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Episode details

Radio 4,6 mins

Premium Bonds: What are my chances of winning?

Money Box

Available for over a year

A survey suggests people believe their chances of a Premium Bond win are much greater than the reality. Why is there still so much confusion around the question of whether or not Premium Bonds are a good bet – and how they compare to regular savings accounts. Paul interviews statistician Professor David Speigelhalter, who has looked in detail at the stats of a Premium Bond win, about the true returns from investing in Premium Bonds and the science behind the odds.

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