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New pick 7 daily game in Texas

bobby623's avatar - abstract
bobby623

The Texas lottery is seeking comments for a new daily draw game, Texas Triple Chance.
To win a $100,000 prize, players must correctly match 7 of 55 numbers.
For $2 fee, players can choose one set, personal or quick pick. Players then get two
additional sets generated by the lottery terminal, for 3 total combinations per ticket.
The lottery will draw 10 numbers from a field of 55 numbers.
Matching 6 numbers pays $500, match 5 pays $25, match 4 pays $5, match 3 pays $2.
Drawings will held Monday through Saturday at 10:12 p.m.
The announcement is posted at the Texas lottery website, www.txlottery.com.

LottoMetro's avatar - Lottery-024.jpg
LottoMetro

I saw this one. While their other $2 game is similiar to Keno, this one is pretty much Keno (7/55/10). Apparently they want to offer a game that has more chances per play, which is interesting and should bait non-players of the other game. I hated this at first but after running the numbers, the jackpot odds per dollar is better than the other game, the variance is multiples less, and the return is only a few percent worse. Definitely a game to keep an eye on

Here's a table of odds and prizes from the proposed rule:

Match in any
one Chance
Odds
1 in -
Prize
71,691,064$100,000*
621,474$500
5813$25
468$5
311$2
 Overall odds of
winning a  prize in
each Chance is 1
in 9.6
 
 One play offers
three Chances to
win. Overall odds
of winning a prize
in a play is 1 in
3.6
 
*In any drawing where the number of top prize-winning Chances is greater than ten (10), the top prize shall be paid on a pari-mutuel rather than fixed prize basis and a liability cap of $1 million will be divided equally by the number of top prize-winning Chances.

I for one am glad they are not doing as many other lotteries are doing and advertising the combined odds...this is somewhat deceptive as some players don't realize those are the odds for the entire play and not each number set. They are instead showing the odds per chance. The combined odds are of course, much better. The liability cap I'm not sure about....I can just imagine them drawing birthday numbers and getting many pari-mutuel winners. I feel like this game might seek to replace the other one and they want an even tighter cap (other has $5 million cap). Time will tell

rcbbuckeye's avatar - Lottery-062.jpg
rcbbuckeye

Saw this before I went to work this morning. I don't think I'm gonna be interested in this game. Another $2 game, which doesn't surprise me. I think the Texas 2 Step still has the best odds for the jackpot size for only $1.

Avatar
Stack47

The game looks similar to 3 Line Lotto where they drew 6 number plus a bonus number. There was a jackpot for matching all six numbers on one of the three lines and prizes for matching 5 to 10 of your 18 numbers. It was a rolling jackpot starting at $100,000 and matching 10 numbers paid $2000.

https://www.lotterypost.com/game/331/prizes/2012/1/27

Avatar
Stack47
In response to rcbbuckeye

$2 games seems to be where all the lotteries are going. Some of the games have two sets of prizes, but they are still $2 tickets. Some players like those games because the overall odds are much better. All or Nothing is 1 in 4.5 and Five Card Cash is 1 in 3.66.

Jon D's avatar - calotterylogo
Jon D
In response to LottoMetro

This proposed game is not Keno. And TX All or Nothing is not even remotely Keno.

With this game, they seem to be deliberately trying to avoid creating a Keno game. State lotteries often get sued by casino operators when they try to launch Keno games, as that is a direct competition to a specific casino game, unlike other lotto games. Perhaps they are trying to avoid this, or are already aware of the threat if they tried to do lottery Keno in TX. Lottery quick draw (every 4 minutes) Keno IS essentially the same game as offered in casinos, and is offered here in CA (as Hot Spot) and in many other states like MA, NY, etc.

Keno is specifically a 20/80 game, 20 balls drawn from a pool of 80. The player typically chooses up to 10 to match the 20 numbers drawn from the pool of 80, for a 10/20/80 game. But you can also play 1/20/80, 2/20/80 . . . 9/20/80 and some even offer up to 12/20/80.

This proposed Triple Chance game is just a different lotto style game, 7/10/55: choose 7 from 10 drawn out of pool of 55 balls.(with a minimum 3 play twist) All or Nothing is 12/12/24. A regular 6/49 lotto game is 6/6/49.

LottoMetro's avatar - Lottery-024.jpg
LottoMetro
In response to Jon D

Not quite correct here. Yes, original keno was 10/80/20 and is the most common format; however, there are other keno formats and the term is broadly used to describe keno-style games. Keno formats use a notation described n/N/D, where n is the numbers chosen by the player, N is the numbers available to draw from, and D is the numbers drawn by the lottery.

Go to any Keno odds calculator and punch in 7/55/10. You will get the odds exactly as presented, which indicates it is a valid keno format. Try to calculate prize levels as lottery odds are normally calculated and you will have some difficulty.

Although Texas Triple Chance is not a typical keno which offers spots from matching 1 up etc, it is about as close as anything.

Texas has no real casinos (lotto, bingo, and horses are only gambling legal), which means there is no keno.

Jon D's avatar - calotterylogo
Jon D
In response to LottoMetro

Yes, what I said was correct, as you readily admitted, both original Keno and the most common format used today is 20/80. Also, I was using more common lottery notation, like 6/49 (D/N) not some weird Keno calculator notation.

Explain again how All or Nothing is similar to Keno?

LottoMetro's avatar - Lottery-024.jpg
LottoMetro
In response to Jon D

Well for starters, the name is a dead giveaway. "All or Nothing" originates as a Keno bet in which you must match all the numbers (alternatively, or none) of the numbers to win. This is in just about every glossary on the game. But surely you, the Keno expert, knew that. Also similiar are the number of prize levels and matches required compared to a standard lottery.

Jon D's avatar - calotterylogo
Jon D
In response to LottoMetro

Green laughNice try, but weak.

The correct answer is that All or Nothing is NOT similar to Keno at all.

Many Keno wagers pay nothing for matching nothing. A 12/24 game has about as much in common with 20/80 Keno as 5/39 or 6/49 lotto. They're all different "lotto style" games.

Lucky Loser's avatar - bucks
Lucky Loser

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.

rcbbuckeye's avatar - Lottery-062.jpg
rcbbuckeye
In response to Lucky Loser

My first thought was the payout for the odds is wacky, considering the $2 cost. Same thing with All or Nothing. I play that one here and there, but I'm about done with it. I getting tired of dropping $2 for the same odds and payouts.

TooTallLuke's avatar - img 8jc7G2.jpg
TooTallLuke

So how do you calculate your true odds when they are doing a 55/10/7? I know that 55/10 = 29,248,649,430 to 1 and 10/7 = 120 to 1. So what formula do you use for 55/10/7?

Jon D's avatar - calotterylogo
Jon D

(55 choose 7) / (10 choose 7)

https://www.google.com/search?q=55+choose+7+%2F+10+choose+7

1691064.375

Avatar
Stack47
In response to TooTallLuke

Find a Hypergeometric Distribution Calculator and use 55 as the number of items, 10 as the items selected, 7 as the items selected by the player, 7 as the number of items needed to match. This type of calulator is useful for Bingo, Keno, and many lottery games.

The formula for hypergeometric distribution is: 

h(x;N;n;k) = [kCx] [N-kCn-x] / [NCn]

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