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Take5 = rip-off

Topic closed. 4 replies. Last post 6 years ago by GiveFive.

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United States
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July 20, 2010
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Posted: July 26, 2010, 2:17 pm - IP Logged

Win4 has 1:10k odds for $5k.  But Take5 has 1:575k for $57k.  It's always split, so each gets $26k.
Not fair as $50,000 should be odds of 1:100,000.  Rarely, prize is rolled over.

Same with Pick10.  $500k should be 1:1m, but it's 1:9m.  However, SweetMillion is $1m - 1:4m.  Better to play Lotto or MegaMillions as 2nd prize odds are same.  Also, divide Pick10 odds by 1/2, you get 5-40-10, same odds as 10-80-20, but prize is 10x of Take5.

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    Long Island, NY
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    Member #57412
    January 3, 2008
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    Posted: July 26, 2010, 2:49 pm - IP Logged

    Win4 has 1:10k odds for $5k.  But Take5 has 1:575k for $57k.  It's always split, so each gets $26k.
    Not fair as $50,000 should be odds of 1:100,000.  Rarely, prize is rolled over.

    Same with Pick10.  $500k should be 1:1m, but it's 1:9m.  However, SweetMillion is $1m - 1:4m.  Better to play Lotto or MegaMillions as 2nd prize odds are same.  Also, divide Pick10 odds by 1/2, you get 5-40-10, same odds as 10-80-20, but prize is 10x of Take5.

    Thats why I focus just as much attention on Pick 10 as I do Take-5.

    Pick 10 is the only game I know of where you can have half the numbers drawn wrong....and still have a chance to win the "fixed" Jackpot.

     

    Think about how great it would be if (Mega..for example) drew 10 balls and two mega balls every time....and you only needed to get 5 and one mega right to win. See my point.

    I use a number of methods to narrow the Pick 10 field down.

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      Posted: July 26, 2010, 8:59 pm - IP Logged

      Besides, Pick10 has 1:22 of winning $4.  Thus, if you play all 5 games, you have 23% of getting 80% of yer $ back.  No other game has such small odds on smallest prize.

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        Posted: July 27, 2010, 8:50 pm - IP Logged

        Isnt that the same as getting 2 games for $1?  Lotto gives you 2 games for $1 + Extra for $1.  Better odds than MegaMillions.  I see no point in PowerBall, nor playing SweetMillion as you get 2 free tickets with $5 on Take5.

          GiveFive's avatar - Lottery-026.jpg
          NY State
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          June 10, 2010
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          Posted: July 28, 2010, 8:28 am - IP Logged

          Isnt that the same as getting 2 games for $1?  Lotto gives you 2 games for $1 + Extra for $1.  Better odds than MegaMillions.  I see no point in PowerBall, nor playing SweetMillion as you get 2 free tickets with $5 on Take5.

          Lotto Extra was discontinued in May.   There is no more Lotto Extra game in New York.

          It was great while they had it though....

          About playing the lottery --  You will lose more than you win. Until you hit a jackpot.  Then everything changes!