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# Texas All or Nothing Prizes Too Small??

Topic closed. 21 replies. Last post 1 year ago by dannyboyhouston.

 Page 1 of 2
Chance Favors The Prepared Mind

United States
Member #124836
March 20, 2012
86 Posts
Offline
 Posted: September 13, 2012, 2:46 pm - IP Logged

I did a quick comparison between payouts of the "Ireland All or Nothing" and the "Texas All or Nothing".

And if my Euro conversions are correct, here's what we have:

Ireland 1st prize:  $500,000 Texas 1st prize:$250,000

Ireland 2nd prize:  $5,000 Texas 2nd prize:$500.00

With the high odds and low payouts, will this game be in it for the long haul?

Looking at the daily draw sales reports, it would seem that sales aren't knocking 'em out of the park.

And as of this writing... out of 14 draws, no top prizes have won yet.  And only 64 2nd tier prizes have hit.

At $2.00 a play, the Texas Lottery Commission might want to rethink the payouts a bit. Bottomline, will the number of participants fall off if the reward isn't worth the bet?? Chief Bottle Washer New Jersey United States Member #1 May 31, 2000 20998 Posts Offline  Posted: September 13, 2012, 3:01 pm - IP Logged Ireland's game was canceled. The last draw was Monday. Check the State Lottery Report Card What grade did your lottery earn? Sign the Petition for True Lottery Drawings Help eliminate computerized drawings! Chance Favors The Prepared Mind United States Member #124836 March 20, 2012 86 Posts Offline  Posted: September 13, 2012, 3:11 pm - IP Logged Thanks for the heads up. I wasn't aware. That might not be a good sign for the longevity of the Texas effort then. United States Member #111446 May 25, 2011 6323 Posts Offline  Posted: September 13, 2012, 3:21 pm - IP Logged Good comparison brittkimsdad, thanks for doing that investigating. You may well have a good point, time will tell.$2 is a lot to ask for such high odds, and low payouts.

Chief Bottle Washer
New Jersey
United States
Member #1
May 31, 2000
20998 Posts
Offline
 Posted: September 13, 2012, 3:57 pm - IP Logged

Thanks for the heads up.  I wasn't aware.

That might not be a good sign for the longevity of the Texas effort then.

I think you need to give any new game some time to either build up a loyal following or not.  Still way too early to tell about longevity, IMHO.

I don't think you can compare the top prize to the Ireland game, because of different prices and prize tiers.

Check the State Lottery Report Card

Sign the Petition for True Lottery Drawings
Help eliminate computerized drawings!

Station C:\somewhere\in\space\time
Fiji
Member #123705
February 27, 2012
2193 Posts
Offline
 Posted: September 14, 2012, 9:30 am - IP Logged

I think you need to give any new game some time to either build up a loyal following or not.  Still way too early to tell about longevity, IMHO.

I don't think you can compare the top prize to the Ireland game, because of different prices and prize tiers.

You can compare both games if you have a list of the payouts and of the cost for one play.

What was it for Ireland?

The only problem in the calculation is the tax factor.

.

United States
Member #123139
February 14, 2012
51 Posts
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 Posted: September 14, 2012, 10:54 am - IP Logged

The Texas All or Nothing game, I think, is structured to have the same payout as a $2 instant ticket, so it's better than your traditional online game. Texas United States Member #86155 January 30, 2010 1178 Posts Offline  Posted: September 14, 2012, 10:56 pm - IP Logged I did a quick comparison between payouts of the "Ireland All or Nothing" and the "Texas All or Nothing". And if my Euro conversions are correct, here's what we have: Ireland 1st prize:$500,000        Texas 1st prize:  $250,000 Ireland 2nd prize:$5,000          Texas 2nd prize:  $500.00 With the high odds and low payouts, will this game be in it for the long haul? Looking at the daily draw sales reports, it would seem that sales aren't knocking 'em out of the park. And as of this writing... out of 14 draws, no top prizes have won yet. And only 64 2nd tier prizes have hit. At$2.00 a play, the Texas Lottery Commission might want to rethink the payouts a bit.

Bottomline, will the number of participants fall off if the reward isn't worth the bet??

Yeah, we may have a problem here. I can see where Ireland's payouts for the game reflected on their economic abilities to run it based on efficiency. Well, obviously if they cancelled the game, then it wasn't doing very well at all and maybe players began to complain and protest it. From what I can see, they need to get rid of drawing (12) numbers altogether. The more I think about it, it's tough to match or miss all (12) numbers for a top prize here.

It sounded good in the beginning but, I'll now give it (6) months tops. I've only been watching...haven't played at all after seeing the results. Not for Lucky.

L.L.

Chance Favors The Prepared Mind

United States
Member #124836
March 20, 2012
86 Posts
Offline
 Posted: September 15, 2012, 12:53 am - IP Logged

I've played it five times with the promo.  Buy $10 worth and get a quick pick free. I've been fortunate to have broken even. But here we are now at 20 draws (Sept 14), and still no jackpot winner. Looking at the draw sales reports ... based off of gross sales and some very quick calculations, they are averaging in the ballpark of 54,000 lines of play per draw. The higher numbers obviously in the evening draws. Like one of the earlier posts stated, it may take some time to establish a following, but if there isn't anybody winning, it's going to be a hard sell. Texas United States Member #55889 October 23, 2007 2727 Posts Offline  Posted: September 15, 2012, 8:27 am - IP Logged Yeah, we may have a problem here. I can see where Ireland's payouts for the game reflected on their economic abilities to run it based on efficiency. Well, obviously if they cancelled the game, then it wasn't doing very well at all and maybe players began to complain and protest it. From what I can see, they need to get rid of drawing (12) numbers altogether. The more I think about it, it's tough to match or miss all (12) numbers for a top prize here. It sounded good in the beginning but, I'll now give it (6) months tops. I've only been watching...haven't played at all after seeing the results. Not for Lucky. L.L. I'm not surprised by the results at all. On paper it looks like an easy win. It's not. Just look at the odds. That tells you everything you need to know. I've played 3 times this week, and each time get 5,6, or 7 numbers which of course is what the odds say most people will get most of the time. Looking at the sales info on TLC for the game, they are making money on this game, basically because it costs$2 for a ticket. If someone does hit a jackpot then TLC will be in the red for that particular draw. But, not to worry, there will be very few jackpot winners.

I do think over time it will grow a following, because the game is geared toward the daily game players, (P3, D4, Cash 5), and it's a different twist. But it won't go away in 6 months. It takes more time than that for TLC commissioners to discuss and make any decisions before they even act.

CAN'T WIN IF YOU'RE NOT IN

A DOLLAR AND A DREAM (OR $2) Kentucky United States Member #32652 February 14, 2006 4731 Posts Offline  Posted: September 15, 2012, 9:10 am - IP Logged I'm not surprised by the results at all. On paper it looks like an easy win. It's not. Just look at the odds. That tells you everything you need to know. I've played 3 times this week, and each time get 5,6, or 7 numbers which of course is what the odds say most people will get most of the time. Looking at the sales info on TLC for the game, they are making money on this game, basically because it costs$2 for a ticket. If someone does hit a jackpot then TLC will be in the red for that particular draw. But, not to worry, there will be very few jackpot winners.

I do think over time it will grow a following, because the game is geared toward the daily game players, (P3, D4, Cash 5), and it's a different twist. But it won't go away in 6 months. It takes more time than that for TLC commissioners to discuss and make any decisions before they even act.

The name of this game pretty much sums it up, but that hasn't stopped people from playing millions on PB and MM. If players prefer to play for life changing jackpots, all the lotteries will accommodate them. Those playing for the secondary prizes can get much better odds by playing other games.

Texas
United States
Member #86155
January 30, 2010
1178 Posts
Offline
 Posted: September 15, 2012, 11:41 am - IP Logged

I'm gonna do a few "dry runs" starting tonight to maybe establish a baseline set of numbers. Seems that division might have a place in this particular game...looking for consistency within the 1/4 parameters.

L.L.

The essence of mathematics is not to make simple things complicated, but to make complicated things simple.  ~S. Gudder

Kentucky
United States
Member #32652
February 14, 2006
4731 Posts
Offline
 Posted: September 15, 2012, 4:36 pm - IP Logged

At first I thought the jackpot odds of 2.7 million to 1 might be high for a $2 ticket but on further review each ticket has two chances of winning the jackpot and all the other prizes too. The odds of winning$250,000 are much better than in MM.

Chance Favors The Prepared Mind

United States
Member #124836
March 20, 2012
86 Posts
Offline
 Posted: September 16, 2012, 2:23 am - IP Logged

Very interesting observation.  I missed that.  With that being the case, I may invest more time in analyzing.  I'm keeping a database of the draws.

Hopefully with the help of Lottery Post members, we can come up with some strategies.

Wannabe Won Percenter
Republic of Texas
United States
Member #57557
January 9, 2008
869 Posts
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 Posted: September 16, 2012, 10:15 am - IP Logged

I've put in about $16 so far, including one$10 purchase with a freebie. Payback \$52.  I'm pretty sure that won't continue.

I'm not so hot on the 4x's per day though. Once or twice per day seems sufficient.

Does anyone know if these are actual lottery balls or computerized?