Good odd's?

[parki90]

Iv had premium bonds worth £150 for 6years ,im tempted to just move this back to my savings account,does anyone ever win with small ammounts,?

[factor-fiction]

The chances of any one bond winning is the same, regardless of whether you hold 1, 150 or 15000

[parki90]

I think i'll just leave them,i must be a mild gambler..

[BigMac]

From the NS&I website:
"Odds
We hold a prize draw every month. There is a £1 million jackpot and, at the current odds, over 1 million other cash prizes. The winning Bond numbers are selected at random, and each £1 Bond number has a separate and equal chance of winning a prize.
The odds of winning are shown below. We calculate the number of prizes in each draw by dividing the total number of eligible Bond units by the odds: 24,000 to 1"

Each bond may have a separate and equal chance of being drawn but, clearly, the more you have the greater the chance of winning any single prize. If you hold the maximum (£30k from memory) and given the odds above then, with average luck, you should win 15 prizes per year.