You last visited October 12, 2008, 8:11 am
|
Poll: Would you play this?
Atwater, Ohio United States Member #33045 February 14, 2006 1213 Posts Offline
|
| Posted: June 30, 2008, 4:56 pm - IP Logged |
|
Note that 2^N would also apply to Up and Down so maybe on the Pick 3 and Pick 4 you could get your state to offer a "One Off" Option on Pick 3 and Pick 4.
It could either be a $1 option with 1/8 the normal prize on pick 3 and 1/16 the normal prize on
pick 4 or they could implement it as an $8 option on Pick 3 and a $16 option on pick 4.
Michigan offers Straight, Box, 2-Way, and Wheel bets on these games and maybe if enough people wrote them they would offer a "One Off" option also.
Eg if your number was 1 2 3 you could get paid when any or all of your numbers were one away from the number drawn Most states had the "one off" option for years; it's called front pair, back pair, and outside pair and each bet pays $50 for $1. One number off like playing 123 and getting paid on 124, 122, 113, 133, 023, and 223 would have the same payoff as a 6-way box bet ($83 for $1) because it would be the same as playing 6 straight combinations for a buck. That bet could be made playing any lottery that offers 50 cent wagers and would cost $3 for a $250 payoff.
The average bet is probably $1 straight and $1 box and is why more creative betting options are not offered. A box bet is actually 3 or 6 straight bets for a dollar and the payoff is by dividing $500 by 3 or 6. A 6-way box should pay $83.33 and a 3-way should pay $166.66 but the lotteries keep the change and pay in even dollar amounts. Some states pay $80 and $160 and those states keep more than the change.
The bookies paid off at $600 to $1 so their payoffs always came out exact; $100 for a 6-way box and $200 for a 3-way.
|
|
|
Marquette, MI United States Member #20869 August 20, 2005 198 Posts Offline
|
| Posted: June 30, 2008, 8:51 pm - IP Logged |
|
Most states had the "one off" option for years; it's called front pair, back pair, and outside pair and each bet pays $50 for $1. One number off like playing 123 and getting paid on 124, 122, 113, 133, 023, and 223 would have the same payoff as a 6-way box bet ($83 for $1) because it would be the same as playing 6 straight combinations for a buck. That bet could be made playing any lottery that offers 50 cent wagers and would cost $3 for a $250 payoff.
The average bet is probably $1 straight and $1 box and is why more creative betting options are not offered. A box bet is actually 3 or 6 straight bets for a dollar and the payoff is by dividing $500 by 3 or 6. A 6-way box should pay $83.33 and a 3-way should pay $166.66 but the lotteries keep the change and pay in even dollar amounts. Some states pay $80 and $160 and those states keep more than the change.
The bookies paid off at $600 to $1 so their payoffs always came out exact; $100 for a 6-way box and $200 for a 3-way. BUUUUUUZZZZZZZZZZZZ! Wrong! Go back up and look at the Even and Odd patterns for 2^3 and you will see that there are 8 of them. Now if you substitute U for one number up and D for one number down you will see that you would be playing eight sets of numbers for a dollar and any or all numbers could be one up or one down from the numbers drawn and still win! it would be
$500/8 = 62.50 for a one dollar bet or
$5000/16 = 312.50 for a pick 4 one dollar bet.
Or if you paid 8 or 16 dollars you would win the full amount on a one off.
Of couse if you hit the original set of numbers on the original dollar bet you would win the full prize anyway but for a buck extra you could hedge.
|
|
|
Atwater, Ohio United States Member #33045 February 14, 2006 1213 Posts Offline
|
| Posted: July 1, 2008, 3:33 pm - IP Logged |
|
BUUUUUUZZZZZZZZZZZZ! Wrong! Go back up and look at the Even and Odd patterns for 2^3 and you will see that there are 8 of them. Now if you substitute U for one number up and D for one number down you will see that you would be playing eight sets of numbers for a dollar and any or all numbers could be one up or one down from the numbers drawn and still win! it would be
$500/8 = 62.50 for a one dollar bet or
$5000/16 = 312.50 for a pick 4 one dollar bet.
Or if you paid 8 or 16 dollars you would win the full amount on a one off.
Of couse if you hit the original set of numbers on the original dollar bet you would win the full prize anyway but for a buck extra you could hedge. Divide $500 by how many straight number combinations there are in each of the 8 even/odd patterns; OOO has 111, 113, 115, 117, 119, etc. or 125 straight combinations. Doesn't $500/125 = $4?
Do you really think any lottery will pay you $62.50 for just betting a buck on all 8 possible patterns?
|
|
|
Marquette, MI United States Member #20869 August 20, 2005 198 Posts Offline
|
| Posted: July 1, 2008, 10:42 pm - IP Logged |
|
Divide $500 by how many straight number combinations there are in each of the 8 even/odd patterns; OOO has 111, 113, 115, 117, 119, etc. or 125 straight combinations. Doesn't $500/125 = $4?
Do you really think any lottery will pay you $62.50 for just betting a buck on all 8 possible patterns? Aaaah I see you are suffering from cursor hypnosis!
Would you please carefully read the previous posts before answering? Thanks!
Now, if you play a pick 3 number for a dollar and hedge with one off for an extra buck then it works out to $62.50!!!
|
|
|
Atwater, Ohio United States Member #33045 February 14, 2006 1213 Posts Offline
|
| Posted: July 2, 2008, 4:54 am - IP Logged |
|
Aaaah I see you are suffering from cursor hypnosis!
Would you please carefully read the previous posts before answering? Thanks!
Now, if you play a pick 3 number for a dollar and hedge with one off for an extra buck then it works out to $62.50!!! "Go back up and look at the Even and Odd patterns for 2^3 and you will see that there are 8 of them."
I understand there are 8 even/odd patterns and 8 high/low too. But each pattern has 125 different straight combinations but that is not betting 8 numbers for a buck.
"Now if you substitute U for one number up and D for one number down you will see that you would be playing eight sets of numbers for a dollar and any or all numbers could be one up or one down from the numbers drawn and still win!"
You didn't say which one of the 5 odd or 5 even digits you substitute "U" and "D" with. It would have made more sense if you had just said "substitute U and D for all three digits in a combo like 123". Going one up and one down changes OEO to EOE, why even bring it up?
I think you want a bet on the play slip where you can put in a 3 digit number and check "one up and one down" and the machine will give you those 8 straight combinations.
You can create 8 combinations by adding and subtracting the digits from the previous drawing. V-tracs will give you 8 combinations and there are thousands of different ways to bet 8 different straight combinations. I can play 6 combos on one play slip so I suppose they could make the print smaller, add 2 more, and have 8 combos on one play slip. And maybe have two boxes; one where I can play them all straight for 12 1/2 cents each and one where you can box them all for a reduced payoff.
They could have a play slip where you could play all 125 OEO or all 125 HLH straight numbers so players could play each combo for $0.008 cents too. Hey those $3 wins add up and besides, stores always need change; we can pay for the ticket using nickels, dimes, and pennies.
|
|
|
Marquette, MI United States Member #20869 August 20, 2005 198 Posts Offline
|
| Posted: July 2, 2008, 11:21 am - IP Logged |
|
Ok, maybe I should have spelled "Note that 2^N would also apply to Up and Down so maybe on the Pick 3 and Pick 4 you could get your state to offer a "One Off" Option on Pick 3 and Pick 4." out.
eg for 123 one off would mean that 1 could be 0 or 2 , 2 could be 1 or 3 and 3 could be 2 or 4
234
>123
012
any or all numbers could be one off and you would still get a prize.
Of course if you hit on 123 you would get the 500 bux for the original bet.
It would loop at 0 and 9.
0 could be 1 or 9
9 could be 0 or 8
|
|
|
Marquette, MI United States Member #20869 August 20, 2005 198 Posts Offline
|
| Posted: July 2, 2008, 8:41 pm - IP Logged |
|
Sigh! Nobody caught the error that I put in there for someone to catch
|
|
|
|