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Scratch offs verse Drawings

Topic closed. 6 replies. Last post 10 months ago by JuiceMonster.

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Candlelight777's avatar - nw saucyelf.jpg
Indiana
United States
Member #150273
December 18, 2013
495 Posts
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Posted: January 21, 2016, 8:50 am - IP Logged

Which do you have better luck with? I don't play a lot of scratch offs but i know a few people who have completely quit drawings and turned to scratch offs because they claim they do better with payouts. Scratch offs can get real expensive real quick though..but i wonder sometimes about not including scratch offs in my weekly lottery budget. It goes soo fast with scratch offs...$5 here $15 there, but with drawings it's less expensive and you have some time to hope and dream before a drawing...seems like your money goes a lot further i guess and then there is the potential for much bigger wins....but the backlash is the odds of hitting anything verse the better odds of at least hitting something with a scratch off.

"Without wood a fire goes out; without gossip, conflict calms down.

Like adding charcoal to embers or wood to fire, quarrelsome people kindle strife."

Proverbs 26: 20-21

    BuyLow's avatar - palm tree.jpg
    Florida
    United States
    Member #61435
    May 22, 2008
    907 Posts
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    Posted: January 21, 2016, 9:38 am - IP Logged

    Scratch offs hands down win more often than higher odds terminal games.  I also spend more on scratchers so I guess that's to be expected.

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      New Member

      United States
      Member #171734
      January 11, 2016
      127 Posts
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      Posted: January 21, 2016, 10:04 am - IP Logged

      Depends on the scratch off game and what "higher odds terminal game".

       

      Most scratch off games are designed to feed a gambler's itch, every ticket will be an "almost winner" and the smallest prize is found often enough to keep people coming back.  The expected return can be impacted by the largest prizes all having been redeemed

       

      Let's take an example, the Arizona Casino King scratcher.

      Currently all the $2000 prizes have been redeemed so you won't get on of those, the remaining prizes and odds are:

       

      $100 1 in 6000

      $50 1 in 600

      $20 1 in 300

      $10 1 in 150

      $5 1 in 50

      $2 1 in 14.81

      $1 1 in 7.89

       

      Your expected return from every $1 spent would be 59.5 cents, so even with the top prizes all gone that is a substantially better return that most state lotteries offer.  If the top prize was still out there it adds a bit less than 1 cent to the expected return.  As you can see the scratch offs do sort of the opposite of what lotteries do, they push more of the prize money down into the smaller prizes so people win more often.  With Powerball about 1 out of every 25 tickets is a winner, with the Arizona Casino Kings about 1 out of every 4.5 is a winner.  They are targeting different players.

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        London
        United Kingdom
        Member #140684
        March 24, 2013
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        Posted: January 21, 2016, 11:31 am - IP Logged

        I've never played scratch cards before except for the time when I turned 16 (legal UK age) so I went and bought like 2 tickets and lost and never bought any again, haha.

        I have terrible luck in draws tho, I haven't matched a thing this year! Need to grab my ticket for Fridays EuroMillions draw since it's a big one....

        2016 Won/Lost

        EuroMillions / Spent: £22 / Won £0 / Total -£22

        UK Lotto / Spent: £4 / Won: £0 / Total: -£4

        2016 Total: -£24

        Jan: -£22 Feb: £0 ~ Mar: £0 ~ April: £0 ~ May: £0 ~ June: £0 ~ July: £2

         

        EuroMillions = £2 Line / Played: x11 [old price] 

        EuroMillions = £2.50 Line / Played: x0

        UK Lotto = £2 Line / Played x2

          lulu1feather's avatar - 2uehclf
          Oregon
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          Member #168137
          August 17, 2015
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          Posted: January 21, 2016, 1:49 pm - IP Logged

          Ive always done better with scratchers. I also try to not only buy 1 of whatever I am getting. (I get at least 3 of whatever I am getting) The lower amount tickets have lower odds, the more expensive the ticket, the odds improve a little. 

          About 2 months ago I had a fairly successful string of $3 tickets of the same game. I think out of the 8 tickets I got, I won over $90. But I have been on a cold spell since they refilled the tickets. Waiting a while to get closer to the middle of the stack before I try again

            ArizonaDream's avatar - Lottery-009.jpg

            United States
            Member #169277
            October 10, 2015
            630 Posts
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            Posted: January 21, 2016, 7:38 pm - IP Logged

            Ive always done better with scratchers. I also try to not only buy 1 of whatever I am getting. (I get at least 3 of whatever I am getting) The lower amount tickets have lower odds, the more expensive the ticket, the odds improve a little. 

            About 2 months ago I had a fairly successful string of $3 tickets of the same game. I think out of the 8 tickets I got, I won over $90. But I have been on a cold spell since they refilled the tickets. Waiting a while to get closer to the middle of the stack before I try again

            Scratchers just aren't as much fun for me.

             

            ( I didn't mean to include the quote, not directed at the poster above.)

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              Nashville, TN
              United States
              Member #166326
              May 15, 2015
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              Posted: January 21, 2016, 8:56 pm - IP Logged

              Drawings over scratches every time.

              Although scratches have a more spread out "win" possibility, I believe the true odds are worse. What I mean by true odds are, we never know how many tickets are printed up of a particular game. Not only that, all tickets are spread across thousands of stores, depending on our commute, we most likely won't reach a great % of these tickets. Let's take Tennessee's most popular scratch game ($2 - Jumbo Bucks) and use it as an example. According to their website, this is the remaining amount of ticket top prizes.

              $50,000
              $500
              $100
              6
              605
              1,000

              This is a total of $403,000 winnings, not including the small tier prizes. There has to be a total of 201,500 tickets available to break even and this does not even include other cost to run the game such as ticket printing. That's a crap load of tickets. Now my simple math could be wrong and the lottery could handle their profits/cost in a more sophisticated way then I imagine, but I just don't see how this beats the odds of 1/1000 in a Cash 3 game. Please, anyone that can do the better math or have a better idea on how the scratch game works, chime in. Also, you have other people competing in the same game, taking away prizes. As in the Cash 3 game their can be multiple winners of a particular #.

              Instead of purchasing a $20 ticket to chase a $500 win or a Jackpot win. I rather spend $20 on multiple numbers or even just one.

              Edit: In this particular game about 150 tickets come on a roll. EVERY store sells this game. If you figure there's about 1,000 stores (which is an understatement really) that's 150,000 tickets of this particular game, searching for one of 605 remaining $500 wins or worse 6 jackpot wins. I'm just rambling here now, but I'd like to also add that stores carry multiple rolls fo this particular game also. No telling how many tickets there are actually printed up of this game.