Welcome Guest
Log In | Register )
You last visited December 8, 2016, 1:03 pm
All times shown are
Eastern Time (GMT-5:00)

POLL: "All or Nothing" game

Topic closed. 23 replies. Last post 8 years ago by RJOh.

Page 2 of 2
PrintE-mailLink

Would you play this game?

Yeah, sure [ 13 ]  [41.94%]
Not sure [ 6 ]  [19.35%]
No [ 12 ]  [38.71%]
Other [ 0 ]  [0.00%]
Total Valid Votes [ 31 ]  
Discarded Votes [ 2 ]  
time*treat's avatar - radar

United States
Member #13130
March 30, 2005
2171 Posts
Offline
Posted: August 27, 2008, 7:41 am - IP Logged

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.Poke

Thinking of...

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

    Avatar
    Kentucky
    United States
    Member #32652
    February 14, 2006
    7314 Posts
    Offline
    Posted: August 27, 2008, 2:34 pm - IP Logged

    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's avatar - chipmunk
      mid-Ohio
      United States
      Member #9
      March 24, 2001
      19828 Posts
      Offline
      Posted: August 27, 2008, 3:10 pm - IP Logged

      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 more tickets, just buy a winning ticket * 
         
                   Evil Looking       

        RJOh's avatar - chipmunk
        mid-Ohio
        United States
        Member #9
        March 24, 2001
        19828 Posts
        Offline
        Posted: August 28, 2008, 1:52 pm - IP Logged

        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 more tickets, just buy a winning ticket * 
           
                     Evil Looking       

          lottocalgal's avatar - Lottery-043.jpg
          CA
          United States
          Member #57222
          December 23, 2007
          587 Posts
          Offline
          Posted: August 30, 2008, 10:34 am - IP Logged

          "....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's avatar - 8ball

            United States
            Member #2338
            September 17, 2003
            2063 Posts
            Offline
            Posted: August 30, 2008, 11:23 pm - IP Logged

            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's avatar - chipmunk
              mid-Ohio
              United States
              Member #9
              March 24, 2001
              19828 Posts
              Offline
              Posted: August 30, 2008, 11:42 pm - IP Logged

              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 more tickets, just buy a winning ticket * 
                 
                           Evil Looking       

                Avatar
                Kentucky
                United States
                Member #32652
                February 14, 2006
                7314 Posts
                Offline
                Posted: August 31, 2008, 1:51 am - IP Logged

                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's avatar - chipmunk
                  mid-Ohio
                  United States
                  Member #9
                  March 24, 2001
                  19828 Posts
                  Offline
                  Posted: August 31, 2008, 2:17 am - IP Logged

                  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 more tickets, just buy a winning ticket * 
                     
                               Evil Looking