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Texas Lottery to add 'Sum It Up' feature to Pick 3 game

Topic closed. 23 replies. Last post 9 years ago by rcbbuckeye.

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Honduras
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Posted: November 1, 2007, 6:56 pm - IP Logged

if they give people the option of 5.00 and of 50 cents i believe they will go BROKE...And then they will not be an example for other states to immitate....: (...Well at least on Pick3....Don't think it will happen for pick4...

But they never want to listen to me...I've said that before you start a game like that, you should SIMULATE IT, EXPERIMENT with it, do similar real life situations, research it, etc....See if the game will withstand attacks, number of casualties, etc, etc, the list goes on...If you have to use a 1 million dollar supercomputer or a computer so be it...If you have to do it with paper and pencil the experiment so be it, but do it...

What i see happening is they are going to go broke and the rest of States will get INTIMIDATED AND WILL not follow/immitate....

 

 

"The Truth is Out There"               from movie "The X-Files"

I wish the country of Brazil, Colombia, Argentina and Bolivia would put a pick3 And Pick4 like that; the state of Texas for now, for the mean time....

 

 

"The Truth is Out There"                from movie "The X-files"

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    Kentucky
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    Posted: November 1, 2007, 10:09 pm - IP Logged

    if they give people the option of 5.00 and of 50 cents i believe they will go BROKE...And then they will not be an example for other states to immitate....: (...Well at least on Pick3....Don't think it will happen for pick4...

    But they never want to listen to me...I've said that before you start a game like that, you should SIMULATE IT, EXPERIMENT with it, do similar real life situations, research it, etc....See if the game will withstand attacks, number of casualties, etc, etc, the list goes on...If you have to use a 1 million dollar supercomputer or a computer so be it...If you have to do it with paper and pencil the experiment so be it, but do it...

    What i see happening is they are going to go broke and the rest of States will get INTIMIDATED AND WILL not follow/immitate....

     

     

    "The Truth is Out There"               from movie "The X-Files"

    If lotteries only allowed straight number bets they would lose players. The Sum bet is just another way to bet the outcome like a box bet or a front pair bet. There is a start-up expense; programming terminals, printing new play slips, etc, but it's minimal.

    We've read about system where you box 6 digits with a minimum cost of $10 (twenty 50 cent boxes) and if 1 of the boxes hit, you collect $40. A lottery could offer that same bet for 50 cents with a payout of $4 or payout $40 on a $5 bet. The Sum bet is basically the same thing where you're playing all the combinations (in any order) that add up to that sum.

    http://www.txlottery.org/export/sites/default/Games/Daily_4/How_to_Play_Daily_4.html

    "I've said that before you start a game like that, you should SIMULATE IT, EXPERIMENT with it, do similar real life situations, research it, etc...."

    The Texas Pick-4 game is new so there is no history a player could use to determine which sum to play, but the article says they are adding the Sum bet to its Pick-3 that does have a long history.

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      Honduras
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      Posted: November 2, 2007, 2:15 am - IP Logged

      Now i see that there is some restriction on different sums...They should let any sum pay the same payout...I mean pick4 is hard enough already to win...I still think that the 5 dollar wager is taken too much money off of people...That's just another pre-text to raise the price of each entry in the future...I thought they were giving people a break but apparently they are not...

      Also is restrictions like that placed on the lottery on which numbers they should draw more often that calls for lottery manipulation...I got to see how they are going to make the Cash3 payouts to see if i'll be making predictions: if they make it hard i'll not make predictions, if they make it flexible/balanced i'll...At least something good came out of all this: they gave me a great idea...

       

       

      "The Truth is Out There"              from movie "The X-Files"

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        Honduras
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        Posted: November 2, 2007, 2:48 am - IP Logged

        Now i see that there is some restriction on different sums...They should let any sum pay the same payout...I mean pick4 is hard enough already to win...I still think that the 5 dollar wager is taken too much money off of people...That's just another pre-text to raise the price of each entry in the future...I thought they were giving people a break but apparently they are not...

        Also is restrictions like that placed on the lottery on which numbers they should draw more often that calls for lottery manipulation...I got to see how they are going to make the Cash3 payouts to see if i'll be making predictions: if they make it hard i'll not make predictions, if they make it flexible/balanced i'll...At least something good came out of all this: they gave me a great idea...

         

         

        "The Truth is Out There"              from movie "The X-Files"

        But i am confident LP predictors will take good juice out of this lottery with their predictions....And in cash3 is even worse...My thing is if Texas places such game in Texas and it works, other states will follow, and 1 state is bound to give better payouts...

        With the sum it up option states can compete against horseracing which i think was what was happening in texas...I bet that the TX Pick4/Pick3 lottery was losing money against horse racing tracks, if such are legal in Texas...

        But i think i saw a Theoretical glitch (yeah because is theoretical) on Texas's Cash4 Sum it up option...It says there that the 5 dollar wager for the 36 or 0 sum pays 25,000 dollars...But if you were to play 5 dollars on 1 sum everyday for 365 days it will equal 1825 dollars AND YOU KNOW that the sum 36 or 0 has to appear once a year, even if it appears once every 2 years that will be 5 X 730 days = 3650 dollars...(and if is 4 years is 7,300 dollars which leaves you with 17,700 dollars) AND YOU KNOW that the sum 36 or 0 HAS TO APPEAR at least Once every 2 years...And this is where my theory of number manipulations come in, because you and i know that in every normal draw even RNG, the sum 36 or "0" comes up at least once a year, but it maybe more because i am kind of rusty on Pick4 for i don't play that game nor i specialize on that game...Maybe i am thinking of Pick3...

         

         

        "The Truth is Out There"             from movie "The X-Files"

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          Kentucky
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          Posted: November 2, 2007, 9:44 am - IP Logged

          Now i see that there is some restriction on different sums...They should let any sum pay the same payout...I mean pick4 is hard enough already to win...I still think that the 5 dollar wager is taken too much money off of people...That's just another pre-text to raise the price of each entry in the future...I thought they were giving people a break but apparently they are not...

          Also is restrictions like that placed on the lottery on which numbers they should draw more often that calls for lottery manipulation...I got to see how they are going to make the Cash3 payouts to see if i'll be making predictions: if they make it hard i'll not make predictions, if they make it flexible/balanced i'll...At least something good came out of all this: they gave me a great idea...

           

           

          "The Truth is Out There"              from movie "The X-Files"

          "They should let any sum pay the same payout...I mean pick4 is hard enough already to win..."

          The payoffs are based on the number of combinations that add to the sum. There is only one sum of 0 and 36 so that pays $2500 for a 50 cent wager. With the sum of 18 you get more combinations so the payoffs are much lower.

          Let's say you wanted play $1 straight and $1 box on 2578. They give you the option to play the Sum of 22 and you could put a $1 on that too for a total of $3 and if 3469 hits, you would still win $8 on the Sum bet. It's a hedge bet like betting a horse to show.

          "I still think that the 5 dollar wager is taken too much money off of people..."

          You're misunderstanding how it works. You don't have to wager $5; you have the option to bet from 50 cents all the way up to $5.

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            Kentucky
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            Posted: November 2, 2007, 10:01 am - IP Logged

            But i am confident LP predictors will take good juice out of this lottery with their predictions....And in cash3 is even worse...My thing is if Texas places such game in Texas and it works, other states will follow, and 1 state is bound to give better payouts...

            With the sum it up option states can compete against horseracing which i think was what was happening in texas...I bet that the TX Pick4/Pick3 lottery was losing money against horse racing tracks, if such are legal in Texas...

            But i think i saw a Theoretical glitch (yeah because is theoretical) on Texas's Cash4 Sum it up option...It says there that the 5 dollar wager for the 36 or 0 sum pays 25,000 dollars...But if you were to play 5 dollars on 1 sum everyday for 365 days it will equal 1825 dollars AND YOU KNOW that the sum 36 or 0 has to appear once a year, even if it appears once every 2 years that will be 5 X 730 days = 3650 dollars...(and if is 4 years is 7,300 dollars which leaves you with 17,700 dollars) AND YOU KNOW that the sum 36 or 0 HAS TO APPEAR at least Once every 2 years...And this is where my theory of number manipulations come in, because you and i know that in every normal draw even RNG, the sum 36 or "0" comes up at least once a year, but it maybe more because i am kind of rusty on Pick4 for i don't play that game nor i specialize on that game...Maybe i am thinking of Pick3...

             

             

            "The Truth is Out There"             from movie "The X-Files"

            "My thing is if Texas places such game in Texas and it works, other states will follow, and 1 state is bound to give better payouts..."

            As states began creating their lotteries, they didn't raise the standard payoffs of $500 on the Pick-3 and $5000 on the Pick-4 games so I see no reason for them to give better payoffs if they add the Sum bet. 

            "But if you were to play 5 dollars on 1 sum everyday for 365 days it will equal 1825 dollars AND YOU KNOW that the sum 36 or 0 has to appear once a year, even if it appears once every 2 years"

            There are 10,000 straight combinations in a Pick-4 game and even if they drew twice a day, it would take over 13 years before they would have 10,000 drawings. And there is no guarantee 0000 or 9999 would be drawn.

            "YOU KNOW that the sum 36 or 0 HAS TO APPEAR at least Once every 2 years...And this is where my theory of number manipulations come in, because you and i know that in every normal draw even RNG, the sum 36 or "0" comes up at least once a year, but it maybe more because i am kind of rusty on Pick4 for i don't play that game nor i specialize on that game...Maybe i am thinking of Pick3..."

            Ask Thoth how many years it's been since 023 was drawn in the Ohio Pick-3. Over 10,000 draws and it's still in hiding.

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              Honduras
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              Posted: November 2, 2007, 11:03 am - IP Logged

              "Ask Thoth how many years it's been since 023 was drawn in the Ohio Pick-3. Over 10,000 draws and it's still in hiding."

              Maybe 023 (exactly) hasn't played but i am sure 320 and 230 has played already...

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                Posted: November 4, 2007, 8:11 am - IP Logged

                "Ask Thoth how many years it's been since 023 was drawn in the Ohio Pick-3. Over 10,000 draws and it's still in hiding."

                Maybe 023 (exactly) hasn't played but i am sure 320 and 230 has played already...

                You can only play 0000 and 9999 straight so the payouts for the sums of 0 and 36 are the same. All the Pick-4 sum payoffs are based on the standard 5000 to 1 payout divided by the number of straight combinations in each sum.

                If you played $5 every draw on 0000 (or the sum of 0), your profit would depend on how many draws you played it before it hit. Because 0000 is just one of 10,000 Pick-4 numbers and the payouts are 50% of the true odds, after 5000 draws without a hit you would have to raise your bet to make a profit.

                You're assuming that 0000 "should" hit once every two years or around 1500 drawings (based on 2 drawings a day, 7 days a week) and I gave an example of how sometimes assumptions are wrong. 023 is just one of 1000 Pick-3 and the logical assumption is that after it wasn't drawn for 1000 drawings, it "should" hit in the next year or at least in the next 1000 drawings.  

                Both 320 and 230 have hit since the last time 023 was drawn, but if you're assuming 023 "should" hit in the next year because it's been 10,000 draws since the last hit, why would you play those numbers?

                  rcbbuckeye's avatar - Lottery-043.jpg
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                  Posted: November 6, 2007, 10:13 pm - IP Logged

                  I don't know about other states, but there are no drawings on Sundays in Tx. There are 313 drawings a year for Pick 3, Daily 4, and Cash 5.

                  Assuming a sum or number will hit once a year or so, I play Pick 3 that way. For example, the number 543 has hit 13 times in the evening draw, more than any other number. That figures to app 1 time a year on average since Pick 3 was started in Tx. I have started playing $1 every night on that number. If I hit once in 313 drawings, that's $313, but win $500 for a net profit of $187. It's not perfect, but I believe that being in the black on any lottery for the year is pretty good considering the house odds.

                  Ron