Magnificent 7-spots

Jun 6, 2005 1:41 AM

Over the last few weeks, we’ve taken a close look at a few tickets that are known as "power tickets," those that have traditionally been played in order to win a lot of money. We’ve looked at a 28-way 6, a 28-way 8, and a 35-way 9, and we’ve reached the provisional conclusion that the 28-way 8 is the best in this genre.

The 7-spot way is rarely played, but here is one that we’ll look at this week for comparison. You can assume that our goal in playing these "power tickets" is to catch a winner of $1,500 or more. Pick 19 numbers, and arrange one group of three and eight groups of two. This will give you a ticket like this and all of these ways available to play:

 

3 2 2 2 2 2 2 2 2

 

1-Way 19 8-Way 17

1-Way 16 28-Way 15

8-Way 14 56-Way 13

28-Way 12 70-Way 11

56-Way 10 56-Way 9

70-Way 8 28-Way 7

56-Way 6 8-Way 5

28-Way 4 1-Way 3

8-Way 2

 

Out of these ways, we’ll concentrate today on the 28-way 7, and play it for $1 per way, so we’ll have a good comparison with the 28-way 6 and the 28-way 8. If you play this ticket, here are your chances for various

If you play this ticket, you could reasonably expect to hit a solid 7 spot once every 1,651 games, which is about the same as hitting a solid 5 spot on a straight ticket bet. Let’s compare this 28-way 7 with our current favorite power ticket, the 28-way 8.

 

CHANCE OF HITTING:

 

28-way 8 28-way 7

 

Any winner 3.57 2.90

$28 or more 16.07 16.71

$100 or more 18.32 56.68

$1,480 or more 228.42 763.46

$5,000 or more 8,232.81 1,651.62

$10,000 or more 8,234.22 2,578.04

 

It is easy to see that the 8-spot way ticket is clearly superior to the 28-way 7 in the mid range of payouts, up to $1,480 or so. The 28-way 7, though, is very much better when it comes to large jackpots, anything over $5,000. Upon reflection, this should not be too surprising, since the 7 spot pay schedule usually includes a solid seven that pays in the range of $7,000 to $10,000.

So, if you’d be happy winning $10,000 or so, by all means play this 28-way 7 because your chances of hitting are about five times greater than on the 28-way 8.

If you still want to shoot for the $50,000, though, stick with the 8 spot. The chances of hitting $50,000 on the 28-way 7 are 936,619-to-1, or about the same as hitting a straight solid 9-spot.

If your goal is to win $10,000 or so, and you can spend $28 a game, then the 28-way 7 rates a 4 1/2 out of 5 on my Spike Scale.

 

 

 

 

 

 

Well, that’s it for now. Good luck! I’ll see you in line!