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Topic closed. 3 replies. Last post 11 years ago by JimmySand9.

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Delaware
United States
Member #30273
January 14, 2006
494 Posts
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Posted: February 8, 2006, 2:59 pm - IP Logged

Do any states operate a Pick 5 (or any other game) like this? If not, would you buy with this concept?

Choose 5 numbers from a poll of whatever the standard is. Person who matches 5 of 5 gets the ENTIRE prize pool for that day's drawing. 4 of 5, 3 of 5, 2 of 5, and 1 of 5 get nothing. If no one gets 5 of 5, the jackpot goes to those getting 4 of 5, and if no 4 of 5 matches, it goes to those getting 3 of 5, etc.

    RJOh's avatar - chipmunk
    mid-Ohio
    United States
    Member #9
    March 24, 2001
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    Posted: February 9, 2006, 3:03 pm - IP Logged

    In the Ohio Rolling Cash5, such a rule would mean most of the time your chances of winning anything would be (5/5) 1:575,757 or at best (4/5) 1:3387 or an average overall odd of 1:3367. That would change the amount of tickets that win something now from 11.39% to 0.02%.  Such a lottery would guarantee that 99.98% of the players would win nothing.  Ohio RC5 has a minimum jackpot of $100,000.00 daily, and Ohio would have to sell 200,000 tickets daily to be able to keep 50% of ticket sales for itself and still payout the jackpot. They would probably have to reduce the jackpot to $10,000.00 or lower making the pick4 game a better deal. 

     * you don't need to buy more tickets, just buy a winning ticket * 
       
                 Evil Looking       

      JKING's avatar - Kaleidoscope 3.gif

      United States
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      July 13, 2004
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      Posted: February 27, 2006, 8:45 am - IP Logged

      I think it would be interesting to see the payouts if the top payouts only required 3 out of 5 for the paramutuel split. If you got 4 or 5 out 5 it wouldn't matter. Yeah, no huge pay offs, but maybe a decent pay off for reasonable odds.

      You are a slave to the choices you have made.  jk

      Even a blind squirrel will occasioanlly find an acorn.

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        United States
        Member #1826
        July 11, 2003
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        Posted: February 28, 2006, 9:19 pm - IP Logged

        It might work as an add-on game to the main Pick-5 game, but it would crash and burn very quickly on it's own. Think of tenure of Double-Up Cash in Kentucky, that's how long it would last.

        (insert signature here)