New pick 7 daily game in TexasPrev TopicNext Topic

• RedStang

  

  NY
  United States
  Member #121,955
  January 21, 2012
  3,169 Posts
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  Jan 5, 2014, 2:07 pm

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  In response to Lucky Loser

  Quote: Originally posted by Lucky Loser on Jan 5, 2014

  Naaaah, think I'll pass on this one...looks like another sucker's game. I'd rather just drop a few dollars on our regular Pick (6) lotto game where when only (6) are matched from a field of (54), you get the millions. And, it's only $1 per play with the choice of an additional $1 for the EXTRA play. This is a winner all the around in terms of BFTB...bang for the buck. Just take a good look at the new payout break down with the EXTRA feature added when matching (3) numbers...you get $13 now instead of $3. Drawing an additional (4) numbers will not make that much difference at all. Even so, with getting (4) numbers you'll see $5 vs. the same $13 on the regular 1-54 w/the EXTRA option factored in.

  They wanna charge more money for essentially the same odds with a new game when the field is basically the same...and they wanna give LESS $ for matching the same (3) numbers???? LMFAO on this one!!!! You know, they say that the lottery games are a tax on those not good at math...and this looks to be a math test. You've been tutored here by the one and only and I'm glad to shed some 'true light' on this darkness. Class is dismissed.

   

  L.L.

  Right. Their desperate or greedy when they have to charge 2$. It's almost impossible just to get 6 nums out of 80 drawn. I only play the 2$ Lucky for Life because the prize is 1k a day. Stick with your State lotto.

  
• LottoMetro

  

  Happyland
  United States
  Member #146,338
  September 1, 2013
  1,176 Posts
  Offline
  Jan 5, 2014, 3:08 pm

  ▲▼
  In response to Lucky Loser

  Quote: Originally posted by Lucky Loser on Jan 5, 2014

  Naaaah, think I'll pass on this one...looks like another sucker's game. I'd rather just drop a few dollars on our regular Pick (6) lotto game where when only (6) are matched from a field of (54), you get the millions. And, it's only $1 per play with the choice of an additional $1 for the EXTRA play. This is a winner all the around in terms of BFTB...bang for the buck. Just take a good look at the new payout break down with the EXTRA feature added when matching (3) numbers...you get $13 now instead of $3. Drawing an additional (4) numbers will not make that much difference at all. Even so, with getting (4) numbers you'll see $5 vs. the same $13 on the regular 1-54 w/the EXTRA option factored in.

  They wanna charge more money for essentially the same odds with a new game when the field is basically the same...and they wanna give LESS $ for matching the same (3) numbers???? LMFAO on this one!!!! You know, they say that the lottery games are a tax on those not good at math...and this looks to be a math test. You've been tutored here by the one and only and I'm glad to shed some 'true light' on this darkness. Class is dismissed.

   

  L.L.

  Have you ever seen a lottery game that wasn't a sucker's bet???? 

  This game and Lotto Texas are in two different categories. The matches are different because instead of matching 6 of 6 as with Lotto Texas, you are matching 7 of 10. Like I mentioned earlier it was a little confusing to calculate the odds, but if you have Excel you can use the HYPGEOM.DIST function. This game is more similiar to the existing All or Nothing game. Nevertheless, I thought it would be interesting to post a chart comparing LT to TTC.

  Lotto Texas w/Extra			Texas Triple Chance
  Match	Round Odds	Cash Prize	Match	~ Odds	Cash Prize
  6 of 6	25,827,165	$3,000,000+	7 of 10	563,688.5	$100,000
  5 of 6	89,678	$12,000	6 of 10	7,158.3	$500
  4 of 6	1,526	$150	5 of 10	271.5	$25
  3 of 6	75	$13	4 of 10	23.0	$5
  2 of 6	9	$2	3 of 10	4.1	$2
  Overall	7.6	-	Overall	3.6	-

  
  I agree with rcbbuckeye that Texas Two-Step has the best jackpot odds for a dollar. Lotto Texas hasn't seen a worthy jackpot in a couple of years.

  If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
  If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

  P&L % = Total Win($)/Total Wager($) - 1
• LottoMetro

  

  Happyland
  United States
  Member #146,338
  September 1, 2013
  1,176 Posts
  Offline
  Jan 5, 2014, 3:37 pm

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  *Correction to my Lotto Texas table. The overall odds are 1 in 7.9 not 7.6

  Texas Triple Chance is actually worth more than Lotto Texas on the first two prize levels (bottom up), then becomes slightly worth less on the next one and about twice as less on the second prize. The Texas Triple Chance jackpot is worth more until Lotto Texas reaches $4,600,000 cash or so.

  If you're looking to do breakeven or better, this new game will be the best in their drawings portfolio.

  If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
  If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

  P&L % = Total Win($)/Total Wager($) - 1