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Why is the Pick 3 so popular?

Topic closed. 32 replies. Last post 13 years ago by Skony1.

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DoctorEw220's avatar - alien helmet.jpg
Yinzer Country, PA
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Posted: May 23, 2004, 4:57 pm - IP Logged

what i like about the pick 3 and pick 4 games is that you won't have to pay taxes on the winnings.  that's why a lot of people choose to play them.  the fact that they can pick how much they bet on a single number plays a part too.

I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

    Rick G's avatar - avatar 1766.jpg
    FEMA Region V Camp #21
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    Posted: May 23, 2004, 5:32 pm - IP Logged

    Doctor was right...you don't have to pay taxes on your winnings for one thing.

    But the biggest advantage in the P3/4 games is that the lottery pays you 50% of what the odds are.  For example the new IL Little Lotto lottery pays you 10.00 for getting 3 out of 5 and yet the odds are 103 to one of doing so.  The payoff should be in the $50 range based on the odds and the 50% takeout.  Look at the back of your bet slips for the odds to payoff ratio.

    Pick3/4 is the most profitable, the jackpot games are 2nd and the scratch off tickets are an insult to gamblers when you check the odds for winning on the back of the ticket.

    Since the pick 3 is 10 times more easy to win straight than the pick 4, you might as well play the pick 3...Best payoff per odds and if you can't win the pick 3 why play the pick 4?

    I don't have the mega-millions or powerball stats available, but I bet the odds of winning $100 are more in the vicinity of 5000-1.

    That's my opinion of why the game is so popular.  As someone said, when / if you get good at the pick-3 then you start using betting techniques to maximize your profits.  It's the "easiest" and most "profitable" game the states offer for us to play.

    50% takeout is a huge deficit for the player, but the jackpot games and instant games make that figure a golden goose compared to the others.  I always say, check the back of your tickets for payoff-to-odds ratio.  50% is the best you can get in this crazy game and pick 3 is the easiest.  If you only bet a few bucks a day on it you only have to win once every 6 weeks or so to break even.

    One more thing, is that I have yet to make a profit on box betting in the pick-3.

    Good topic, thanks for bringing it up.

    Posted 4/6:  IL Pick 3 midday and evening until they hit:  555, 347 (str8).


      Tx_Mega_Player's avatar - spider
      BIG D Texas
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      Posted: May 23, 2004, 5:39 pm - IP Logged
      Quote: Originally posted by RJOh on May 23, 2004



      ayenowitall,
      I also noticed that both the MegaMillion winners in Dayton back in March and the lady in Euclid that won the big prize last year were black, but I could never figure out with blacks only being 6% of the population why so many MM jackpot winners. Reminds one of the NFL and the NBA.

      RJOh




      What on earth does 2 black MM winners have to do with the NFL or NBA. That does not - and should not - remind anyone else of the NFL or NBA. That statement is as stupid and as racist as saying that Jack W.'s powerball win reminds one of the NHL or the PGA/LPGA. I think someone is starting to show his true colors. In case you have not noticed, winners come in all shapes, sizes, genders, and colors.
        RJOh's avatar - chipmunk
        mid-Ohio
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        Posted: May 23, 2004, 5:52 pm - IP Logged

         * you don't need to buy more tickets, just buy a winning ticket * 
           
                     Evil Looking       

          Todd's avatar - Cylon 2.gif
          Chief Bottle Washer
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          Posted: May 23, 2004, 6:06 pm - IP Logged

          I agree: I strongly dispise when people bring race, ethnic background, social status, and/or financial status into the picture. It says more about the person making the statement than it does about the game itself.

           

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            emilyg's avatar - cat anm.gif

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            Posted: May 23, 2004, 6:14 pm - IP Logged

            thanks for speaking up.

            love to nibble those micey feet.

             

                                         

              megamillionaire's avatar - Sphere animated_small_ neg2.gif
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              Posted: May 23, 2004, 10:01 pm - IP Logged

              For the edification of everyone here, pick three or the numbers or policy is a game started in the black enclaves of cities like New York and Chicago. You could play as little as a penny. The bankers were black, the runners were black, and the players were black. The Mafia realizing that this was a great way to make money actually took over the games by force, lowered the payouts to 6 or 7 hundred to one (you should get a thousand to one) an took it outside the ghetto. During the twenty's and thirty's you could buy a lot with a penny hit. Getting back to the point you can play pick three many ways, front and back, box, front and back pairs etc. which is why I play it. I play it daily and play each pick three a dollar straight and fifty cents box which means if the three number I play come out in any configuration I win. When the States decided to start lotteries they figured one way to hurt Organized Crime was to have Pick three. Many folks still play the illegal numbers because the odds are better and you can play for pennies and nickles if that's all you have. If you want to know how the illegal number is conceived it's the last three numbers of the total handle of whichever racetrack they use that day.

              Megamillionaire

              Time is a wonderful teacher, but it kills all its students.

              A man must consider what a rich realm he leaves when he becomes a conformist.

                megamillionaire's avatar - Sphere animated_small_ neg2.gif
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                Posted: May 23, 2004, 10:27 pm - IP Logged

                PS One of the reasons pick three is so popular is the fact that you can play for fifty cents and another is that some combinations have odds of 167 to one. Lowest odds of almost every other Lottery game.

                Megamillionaire

                Time is a wonderful teacher, but it kills all its students.

                A man must consider what a rich realm he leaves when he becomes a conformist.

                  Todd's avatar - Cylon 2.gif
                  Chief Bottle Washer
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                  Posted: May 23, 2004, 10:46 pm - IP Logged

                  Interesting history, and I'm aware of many aspects of the roots of lotteries (they go back a lot farther than that), but I'm not sure that has much to do with this topic.  Ancient Romans created the first hot & cold indoor plumbing, but you don't see many of them around these days still using it.

                   

                  Check the State Lottery Report Card
                  What grade did your lottery earn?

                   

                  Sign the Petition for True Lottery Drawings
                  Help eliminate computerized drawings!

                    Winner2Be's avatar - diva
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                    Posted: May 23, 2004, 11:02 pm - IP Logged

                     

                    _________________________________________________

                    Sometimes the Heart can see what the eyes cannot.

                                                             





                      megamillionaire's avatar - Sphere animated_small_ neg2.gif
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                      Posted: May 23, 2004, 11:18 pm - IP Logged

                      Being a long time NYC native I know about the numbers first hand. The History Channel has several times done the History of Gambling in America with a large section on the taking over of the numbers games by the Mafia with the whole hearted backing of Lucky Luciano and Mayer Lansky. When most of the buildings in the City still had elevator operators many of the operators were runners. What better way to get clients, especially in office buildings.  

                      Megamillionaire

                      Time is a wonderful teacher, but it kills all its students.

                      A man must consider what a rich realm he leaves when he becomes a conformist.

                        megamillionaire's avatar - Sphere animated_small_ neg2.gif
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                        Posted: May 23, 2004, 11:59 pm - IP Logged

                        My points Todd, maybe slightly convoluted, were that pick three is played by more people because many of them have been playing it for years before it was legal and because it is one of the cheapest of all the games, with the best odds of winning something.

                        Megamillionaire

                        Time is a wonderful teacher, but it kills all its students.

                        A man must consider what a rich realm he leaves when he becomes a conformist.

                          ayenowitall's avatar - rod serling4.jpg

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                          Posted: May 24, 2004, 5:01 am - IP Logged

                          Why is it wrong to analyze the demographics of Pick 3 players? It seems every bit as relevant as the personal feelings and preferences about the game and its participants. I don't think there's anything inherently wrong with addressing racial, ethnic, historical, or socio-economic factors. That's just looking at the market. I didn't create those facts. I just offered them for consideration with a link for reference. It was one of the few relevant hits I found when searching the web for information on the subject.

                          There's a huge difference between objectively looking at the facts and drawing racist or otherwise prejudicial conclusions about them. The study did not say that those were the characteristics of all PIck 3 players or lottery players in general. It seemed to be an accounting of the larger numbers of Pick 3 players. Any game offers a certain amount of appeal for the general public; those factors offered a possible explanation of the popularity shift in favor of the Pick 3 game. I don't consider that stupid, insensitive, or offensive. There are those who think that all lottery players are poor, stupid, uneducated minorities. That's the kind of thinking that I find genuinely despicable.

                          It seems overly-sensitive to shy away from facts because of the potential they might hold for small minds that incorrectly seize upon them, but I'll gladly go along with avoiding such discussions if it will maintain a desirable level of peace and comfort in this thread.

                          On another note, in perusing the K.I.S.S. Guide to Gambling, I noticed that it actually recommends the Pick 3 game as the best play for those who would participate in lottery games.

                            Todd's avatar - Cylon 2.gif
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                            Posted: May 24, 2004, 9:12 am - IP Logged

                            aye,

                            The problem is something that I have documented here in great depth in past news stories.

                            The liberal media, among others, is guilty of skewing the statistics in order to score political points and push their socialist agenda.

                            Simply put, you can make statistics say anything you want.

                            I have proven that the stats can just as easily say that adult white males between 18 and 35 are the Pick 3's biggest customers.

                            It is much better to remove all this racial garbage from the discussion and focus on the reason we all play: for entertainment.  Let the marketers worry about who plays what.

                            You can check the News section from last year to see where I documented all these points.

                             

                            Check the State Lottery Report Card
                            What grade did your lottery earn?

                             

                            Sign the Petition for True Lottery Drawings
                            Help eliminate computerized drawings!

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                              Posted: May 24, 2004, 5:45 pm - IP Logged
                              Quote: Originally posted by ayenowitall on May 23 & 24, 2004



                              It seems overly-sensitive to shy away from facts because of the potential they might hold for small minds that incorrectly seize upon them, but I'll gladly go along with avoiding such discussions if it will maintain a desirable level of peace and comfort in this thread.

                               I sincerely apologize if you or anyone else has taken offense at my posts on this topic. Feel free to lock it up if you think it evokes a negative spirit.