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$$ Beat The Pick 3 Odds $$

Last post 3 months ago by Acheron. 34 replies.

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Shawn67's avatar - avatar 12693
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Posted: July 25, 2008, 2:33 am - IP Logged Bottom

You want "wiggle room ? I'll give you wiggle room !!  WIGGLE WIGGLE ROOM, WIGGLE WIGGLE ROOM !! "  Banana

LOL, you're killing me!!!

Shawn

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Posted: July 26, 2008, 2:58 am - IP Logged Bottom Top

Hey Tex, Ive constructed an Excel sheet to do this if your interested!

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Posted: July 26, 2008, 11:02 am - IP Logged Bottom Top

Hey Tex, Ive constructed an Excel sheet to do this if your interested!

Hi,

Could you post the link to the excel sheet if you have one, so everyone can download if they are interested.

If not, could I also get a copy via email please?

Thanks!

Zoozie

Zoozie  Dance

 

"Whatever the mind can conceive and believe, it can achieve"
Napoleon Hill

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Posted: August 19, 2008, 12:53 am - IP Logged Bottom Top

Wow....every once in a while you just get "tired" of "thinking" about what numbers to play. Tonight, I got a deck of cards and drew 5 "different" numbers to play (total of $10 investment when wheeled), and got a box hit!!! $70 profit gives me a little "wiggle room" to try this out a little more!!!

Congrats! It's always nice to see a win every now and then. Cheers

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Denmark
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Posted: August 20, 2008, 9:40 am - IP Logged Bottom Top

Wauw Tex, if that math of yours is correct you might just have found the holy grail of Pick 3... Unfortunately it's not!

Say you perm the 5 selected numbers, you then get 10 lines @ $1 each.

If you play these lines for 100 games, you'll spent $1000, right?

 

The first number drawn will have a 50% (5 out of 10) chance of being correct.

The second number drawn will have a 40% (4 out of 10) chance of being correct and not a repeat.

The second number drawn will have a 30% (3 out of 10) chance of being correct and not a repeat.

 

Let's do the math then...

For any draw you'll have a 6% (0,5 * 0,4 * 03) chance of having a winning line.

In 100 games you'll win 6 for a total winning of $900 (if you play online).

But you have spent $1000 which equates to a loss of $100!

 

So in the end it all comes down to the numbers you select, unfortunately...

Non mihi, non tibi, sed nobis

- Sodalis de Apollon

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Posted: August 20, 2008, 5:19 pm - IP Logged Bottom Top

Wauw Tex, if that math of yours is correct you might just have found the holy grail of Pick 3... Unfortunately it's not!

Say you perm the 5 selected numbers, you then get 10 lines @ $1 each.

If you play these lines for 100 games, you'll spent $1000, right?

 

The first number drawn will have a 50% (5 out of 10) chance of being correct.

The second number drawn will have a 40% (4 out of 10) chance of being correct and not a repeat.

The second number drawn will have a 30% (3 out of 10) chance of being correct and not a repeat.

 

Let's do the math then...

For any draw you'll have a 6% (0,5 * 0,4 * 03) chance of having a winning line.

In 100 games you'll win 6 for a total winning of $900 (if you play online).

But you have spent $1000 which equates to a loss of $100!

 

So in the end it all comes down to the numbers you select, unfortunately...

What  Tex has is a simple 5 digit box and chart showing how to create the 10 combinations. That bet would be easier to make if the lottery machines used the same type of programs they use for horse and dog racing trifectas. Some state lotteries have self-bet machines where you can enter money or a voucher, but I haven't seen any that offer the option of boxing four or more digits without having to enter each combination individually.

The track tickets just show the 5 digits being boxed and maybe the lotteries want the players to see all combinations. Or maybe the lotteries figure since they printed up all those play slips, the players must use them.

"Let's do the math then... For any draw you'll have a 6% (0,5 * 0,4 * 03) chance of having a winning line."

Since he stipulated it only applies to when 3 non-matching digits are drawn and odds are usually calculated as losing chances to winning chances, it should be 5:5, 6:4, and 7:3. There are 120 non-matching combinations, Tex is using 10 of them and has a 8.3% random chance of matching all three digits.

"So in the end it all comes down to the numbers you select, unfortunately..."

That's obvious whether you're boxing 3, 5 or 8 digits.

I believe the idea here is to match 3 out of 5 digits at least once every eight drawings and it would be a better play by getting $15 to $1 playing off line. It's not the holy grail but has potential to show a profit.

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Denmark
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Posted: August 22, 2008, 6:51 pm - IP Logged Bottom Top

I disagree, the 8.3% chance will only apply when you're certain that there'll be no repeats.
But how will you know that? By tracking doubles? Surely you could find better ways of profitting from that!

Non mihi, non tibi, sed nobis

- Sodalis de Apollon

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Posted: August 23, 2008, 9:32 pm - IP Logged Bottom Top

 Good stuff Tex! You never spend more in one week than you can win back in one draw.

Shawn67's avatar - avatar 12693
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Posted: August 24, 2008, 3:17 am - IP Logged Bottom Top

For anyone who wants to question the math, statistics, or whatever with this method, let me give you some cold hard facts. In the last 9 days, using this method, I have spent a total of $90 (I only play box), and have won a total of $320 for a profit of $230. However, if I would have played box/straight, I would have spent a total of $180 and won $1320 for a total profit of $1140. How's that for simple math??

Shawn

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Posted: August 24, 2008, 3:53 am - IP Logged Bottom Top

For anyone who wants to question the math, statistics, or whatever with this method, let me give you some cold hard facts. In the last 9 days, using this method, I have spent a total of $90 (I only play box), and have won a total of $320 for a profit of $230. However, if I would have played box/straight, I would have spent a total of $180 and won $1320 for a total profit of $1140. How's that for simple math??

That's some math that looks fun to do!  LOL

 
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