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Let's Create Some Proposed Proposition Bets

Topic closed. 8 replies. Last post 2 years ago by grwurston.

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Coin Toss's avatar - shape barbed.jpg
Zeta Reticuli Star System
United States
Member #30470
January 17, 2006
10390 Posts
Offline
Posted: April 21, 2015, 5:46 pm - IP Logged

Maybe the lottery officials that monitor LP can do something with this one.

Some states allow bets on sums, I think Texas does this on Pick 3.

So how about Daily Sums for Pick 3 and 4 combined? In states with midday and evening drawings it could be the sum for all four drawings. Just a thought.

Anyone else? try to keep it to things that the lotto may actually book in the future.

Have fun.

Smile

Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

Lep

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

    grwurston's avatar - 144
    Let's Go Rangers!!!
    bel air maryland
    United States
    Member #90251
    April 24, 2010
    5111 Posts
    Offline
    Posted: April 21, 2015, 6:03 pm - IP Logged

    Maybe the lottery officials that monitor LP can do something with this one.

    Some states allow bets on sums, I think Texas does this on Pick 3.

    So how about Daily Sums for Pick 3 and 4 combined? In states with midday and evening drawings it could be the sum for all four drawings. Just a thought.

    Anyone else? try to keep it to things that the lotto may actually book in the future.

    Have fun.

    Smile

    New York is another state that allows sums betting.

    Having the sums for both games might be tough for those that only play one game or the other and normally don't keep up with both games. Having it for each game would be good though.

    I just checked the results page for NY and Texas and the payouts for sums seem to be different for each draw. Maybe it's a parimutuel.  Not really enough money to get excited about though. $6, 9, 14.

    "You can observe a lot just by watching." Yogi Berra, Hall of Fame baseball player.

    The numbers will tell you what numbers to play. Pay attention to the numbers.

    Don't just think outside the box, crush it.

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
      United States
      Member #30470
      January 17, 2006
      10390 Posts
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      Posted: April 21, 2015, 9:21 pm - IP Logged

      New York is another state that allows sums betting.

      Having the sums for both games might be tough for those that only play one game or the other and normally don't keep up with both games. Having it for each game would be good though.

      I just checked the results page for NY and Texas and the payouts for sums seem to be different for each draw. Maybe it's a parimutuel.  Not really enough money to get excited about though. $6, 9, 14.

      Thanks for replying, gwurston.

      A lot of times the idea behind prop bets is to throw the players a 'bone'.

      Back in the 1980s some sports books in Vegas were toying with the idea of an Over/Under for the total points scored in Sunday NFL games.

      Scared

      Maybe the MUSL could do something like a sum for the Mega ball and Powerball, since so many players win zip on any given draw. Most of the sums prized would go right back into the games anyway.

      Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

      Lep

      There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

        grwurston's avatar - 144
        Let's Go Rangers!!!
        bel air maryland
        United States
        Member #90251
        April 24, 2010
        5111 Posts
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        Posted: April 21, 2015, 10:17 pm - IP Logged

        Thanks for replying, gwurston.

        A lot of times the idea behind prop bets is to throw the players a 'bone'.

        Back in the 1980s some sports books in Vegas were toying with the idea of an Over/Under for the total points scored in Sunday NFL games.

        Scared

        Maybe the MUSL could do something like a sum for the Mega ball and Powerball, since so many players win zip on any given draw. Most of the sums prized would go right back into the games anyway.

        The NFL still does the over / under bets. Well, not the "NFL" exactly Wink They always list it with the point spreads in the newspapers in NY. 
        As far as the sums for P3 -P4. I think anyone that is good with root sums would do pretty well at it. But the payouts aren't worth the effort. If they paid $100, I'd clean up.  Green laughGreen laugh

        "You can observe a lot just by watching." Yogi Berra, Hall of Fame baseball player.

        The numbers will tell you what numbers to play. Pay attention to the numbers.

        Don't just think outside the box, crush it.

          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
          United States
          Member #30470
          January 17, 2006
          10390 Posts
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          Posted: April 21, 2015, 11:18 pm - IP Logged

          Good stuff....the sports book thing I was referring to was the O/U for all the games combined on Sunday, as if it was one very high scoring game.

          Scared

          Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

          Lep

          There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

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            Kentucky
            United States
            Member #32652
            February 14, 2006
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            Posted: April 21, 2015, 11:40 pm - IP Logged

            Maybe the lottery officials that monitor LP can do something with this one.

            Some states allow bets on sums, I think Texas does this on Pick 3.

            So how about Daily Sums for Pick 3 and 4 combined? In states with midday and evening drawings it could be the sum for all four drawings. Just a thought.

            Anyone else? try to keep it to things that the lotto may actually book in the future.

            Have fun.

            Smile

            The states with Quinto type pick-5 games allow many of the prop bets so they could allow all the pick-3 and/or pick-4 prop bets and still pay the same 50%. Some lotteries use sum betting as an extra bet with three number bets, but I don't think any of the them allow just sum bets.

              grwurston's avatar - 144
              Let's Go Rangers!!!
              bel air maryland
              United States
              Member #90251
              April 24, 2010
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              Posted: April 21, 2015, 11:42 pm - IP Logged

              Good stuff....the sports book thing I was referring to was the O/U for all the games combined on Sunday, as if it was one very high scoring game.

              Scared

              I don't know how they would do that. Say the O/U was 400, I would think they would have to have say a +- range of  10. And you select your own number. If you're in the range you win, if not you lose. Otherwise the bookies would loose their shirts if everyone took the over and it was 420.  Well,I suppose if there was a way they could make $$$ from it, it would already exist.

              "You can observe a lot just by watching." Yogi Berra, Hall of Fame baseball player.

              The numbers will tell you what numbers to play. Pay attention to the numbers.

              Don't just think outside the box, crush it.

                Coin Toss's avatar - shape barbed.jpg
                Zeta Reticuli Star System
                United States
                Member #30470
                January 17, 2006
                10390 Posts
                Offline
                Posted: April 22, 2015, 12:48 am - IP Logged

                If you played a number 'straight' it would pay a lot more, a +/- range of 10 would be considered playing the field and not pay near as much.

                Every book has a formula that x number of dollars moves the line a half a point or a point the opposite way, that's how they 'balance' the books.

                If the O/U for the day was 400, and money started coming in on the Over, they would adjust the line to make the under more attractive. In re; to lotteries, they would adjust the payouts probably.

                The people in Nevada that bet sports for a living try to middle the games, that is bet both sides on the line moves and collect both bets. Say Green Bay is playing Denver and the line opens Green Bay -7. Then a lot of action comes in and people betting Denver get Denver at + 8.5 instead of +7.

                So a sports bettor makes both bets, laying 7 and taking 8 1/2.

                Then let's say the final is Green Bay 31, Denver 23. That player would have the game 'middled', collecting on both Green Bay and Denver.

                I think with lotto though it would have to be set payouts and an exact number.

                How about a weekly total for PB and MM for both draws for each game?

                Wink

                Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                Lep

                There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                  grwurston's avatar - 144
                  Let's Go Rangers!!!
                  bel air maryland
                  United States
                  Member #90251
                  April 24, 2010
                  5111 Posts
                  Offline
                  Posted: April 22, 2015, 6:02 pm - IP Logged

                  If you played a number 'straight' it would pay a lot more, a +/- range of 10 would be considered playing the field and not pay near as much.

                  Every book has a formula that x number of dollars moves the line a half a point or a point the opposite way, that's how they 'balance' the books.

                  If the O/U for the day was 400, and money started coming in on the Over, they would adjust the line to make the under more attractive. In re; to lotteries, they would adjust the payouts probably.

                  The people in Nevada that bet sports for a living try to middle the games, that is bet both sides on the line moves and collect both bets. Say Green Bay is playing Denver and the line opens Green Bay -7. Then a lot of action comes in and people betting Denver get Denver at + 8.5 instead of +7.

                  So a sports bettor makes both bets, laying 7 and taking 8 1/2.

                  Then let's say the final is Green Bay 31, Denver 23. That player would have the game 'middled', collecting on both Green Bay and Denver.

                  I think with lotto though it would have to be set payouts and an exact number.

                  How about a weekly total for PB and MM for both draws for each game?

                  Wink

                  Thanks for the wagering lesson CT.  Thumbs Up

                  "You can observe a lot just by watching." Yogi Berra, Hall of Fame baseball player.

                  The numbers will tell you what numbers to play. Pay attention to the numbers.

                  Don't just think outside the box, crush it.