POLL: "All or Nothing" gamePrev Topic Next Topic

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Would you play this game?

Yeah, sure

[ 13 ]

[ 41.9% ]

Not sure

[ 6 ]

[ 19.4% ]

[ 12 ]

[ 38.7% ]

Other

[ 0 ]

[ 0.0% ]

Total valid votes

[ 31 ]

Discarded votes

[ 2 ]

time*treat

United States
Member #13,130
March 30, 2005
2,171 Posts
Offline

Aug 27, 2008, 7:41 am

Quote: Originally posted by Coin Toss on Aug 26, 2008
Would you play an "all or nothing" game?

It would be a Pick 5 or a Pick 6, hitting all the numbers would be a regular jackpot, hitting no numbers would be a small prize, but nothing else counts. i.e., hitting a, 2, 3, or 4 of 5, or 1, 2, 3, 4, 5 of 6 doesn't pay.

No mention of payouts or matrix size.

In neo-conned Amerika, bank robs you.
Alcohol, Tobacco, and Firearms should be the name of a convenience store, not a govnoment agency.
Stack47

Kentucky
United States
Member #32,651
February 14, 2006
10,301 Posts
Offline

Aug 27, 2008, 2:34 pm

Quote: Originally posted by RJOh on Aug 27, 2008
When I added up the winning combos and divided them by the possible combos I got:

181,856,005,870/1,646,492,110,120 = odds of 1:9 of winning a prize of $5 or more on a $1 bet, so I may try playing 10 lines during the promotional period and see what happens. That's better than playing Cash5 with overall odds of 1:8.7 of winning $1 or better on a $1 bet. I hope my calculations are right.

I don't think anybody can make a profit playing this game twice a day 7 days a week unless they really get lucky and match 9 out of 10 or hit the jackpot. In July there were 88,101 winning tickets that averaged $5 payoff but there were at least 10 $6000 winners so the average win is closer to $2 or $3. Without a $500,000 winner to raise the average win and with an overall 1 in 9 chance of winning, the average player should expect to lose $7 for each $10 they wager.

This twice a week promotion will raise the average win without raising the 1 in 9 chance so on those days, it's a better bet than playing Rolling Cash 5 or any $1 scratch-off.
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Aug 27, 2008, 3:10 pm

Quote: Originally posted by Stack47 on Aug 27, 2008
I don't think anybody can make a profit playing this game twice a day 7 days a week unless they really get lucky and match 9 out of 10 or hit the jackpot. In July there were 88,101 winning tickets that averaged $5 payoff but there were at least 10 $6000 winners so the average win is closer to $2 or $3. Without a $500,000 winner to raise the average win and with an overall 1 in 9 chance of winning, the average player should expect to lose $7 for each $10 they wager.

This twice a week promotion will raise the average win without raising the 1 in 9 chance so on those days, it's a better bet than playing Rolling Cash 5 or any $1 scratch-off.

You have to be lucky to make a profit playing any lottery game but overall odds of 1:9 are great when the minimum payout is $5 on $1 bet. It's almost as good as the Pennsylvania promotion of a free PowerBall ticket that won the PB jackpot last month.

This is the best promotion Ohio has had since its last SuperLotto drawing when the payouts for all the lower tier prizes were increased because no one won the jackpot.

* you don't need to buy every combination, just the winning ones *
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Aug 28, 2008, 1:52 pm

It is possible to construct a Keno game where the objective is to not match any of the drawn numbers as such:

KENO
total pool size 30
numbers drawn 20
numbers played 10

MATCH ODDS
10 1 : 163
3 1 : 220
2 1 : 3514
1 1 : 150225
0 1 : 30045015
______________________________________
overall odds are 1 : 90.9

* you don't need to buy every combination, just the winning ones *
lottocalgal

CA
United States
Member #57,220
December 23, 2007
587 Posts
Offline

Aug 30, 2008, 10:34 am

Quote: Originally posted by justxploring on Aug 26, 2008
"....hitting no numbers would be a small prize...."

Okay - I just read this again. Answer is "maybe." There are many times I get no numbers at all. How small?

I picked "Yes" but I'm hoping that "a small prize" will not be a mere $1 (pari-mutuel) it is when you hit just the mega number. I can't count how many times I've gotten 0 numbers so it would benefit me in the long run. In CA there is such a big difference between even getting 5+0 and the jackpot that my losing out on 5+0 win would be okay.

I sometime wish that CA would do away with the Fantasy Five and increase the winnings of 5+0 on the Super Lotto to something around $150-250K. They can afford that, only 2 or 3 people ever win anyway.
dvdiva

United States
Member #2,338
September 17, 2003
2,063 Posts
Offline

Aug 30, 2008, 11:23 pm

It would be an interest prize structure to only offer two ways of winning. Either miss all the balls or hit all the balls. I personally like the idea since I have a variety of theories that always miss every number so I currently win nothing. The optimist will think they can win the prize. The pessimist will think they can easily miss any number associated with the jackpot.
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Aug 30, 2008, 11:42 pm

Quote: Originally posted by lottocalgal on Aug 30, 2008
I picked "Yes" but I'm hoping that "a small prize" will not be a mere $1 (pari-mutuel) it is when you hit just the mega number. I can't count how many times I've gotten 0 numbers so it would benefit me in the long run. In CA there is such a big difference between even getting 5+0 and the jackpot that my losing out on 5+0 win would be okay.

I sometime wish that CA would do away with the Fantasy Five and increase the winnings of 5+0 on the Super Lotto to something around $150-250K. They can afford that, only 2 or 3 people ever win anyway.

Getting rid of one game doesn't mean the payouts for another game can be increased since the payouts of each game are based on the amount of ticket sales per winners. To increase the payouts for a 5+0 in the Super Lotto game either the matrix would have to be increased or the jackpot would have to be reduced or both.

* you don't need to buy every combination, just the winning ones *
Stack47

Kentucky
United States
Member #32,651
February 14, 2006
10,301 Posts
Offline

Aug 31, 2008, 1:51 am

Quote: Originally posted by RJOh on Aug 30, 2008
Getting rid of one game doesn't mean the payouts for another game can be increased since the payouts of each game are based on the amount of ticket sales per winners. To increase the payouts for a 5+0 in the Super Lotto game either the matrix would have to be increased or the jackpot would have to be reduced or both.

When we were talking about Ten-Oh the other day, I decided to use 3 LP quick picks and every time I played those 3 tickets I've had one matching zero. It's like I'm spinning my wheels; betting $3 and getting $3 back, five time in row now.

My guess the streak will last until Tuesday when they increase the payout to $5.
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Aug 31, 2008, 2:17 am

Quote: Originally posted by Stack47 on Aug 31, 2008
When we were talking about Ten-Oh the other day, I decided to use 3 LP quick picks and every time I played those 3 tickets I've had one matching zero. It's like I'm spinning my wheels; betting $3 and getting $3 back, five time in row now.

My guess the streak will last until Tuesday when they increase the payout to $5.

You're probably right, the odds of matching 1-5 are so much better.

possible combo of 10 with 80 numbers are 1646492110120
MATCH WINNING COMBOS in 20 numbers ODDS
10 184756 1 : 8911711
9 10077600 1 : 163381
8 222966900 1 : 7384
7 2652734400 1 : 621
6 18900732600 1 : 87
5 84675282048 1 : 19
4 242559401700 1 : 7
3 440275888800 1 : 4
2 486137960550 1 : 3
1 295662853200 1 : 6
0 75394027566 1 : 22

* you don't need to buy every combination, just the winning ones *

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