lotto in the bookies

tiptap

Hi,

Anyone do the lotto in the bookies ?
I've started picking 4 numbers, 3000/1. Damn it, I've got 3 numbers three times in a row (I know, I should really start picking 3 numbers at 300/1)

Anyone made any nice cash from it ?

Decka

do all bookies give them odds?

Mellor

yeah, they look good at first, when you consider that 3 numbers in the lotto pays feck all.
but the bookie has a decent edge its not a way to make money, but rather for fun.

GBX

I do the 3 numbers from 7, 310/1 in my local. Keep getting 2/3 ... pain in the rear. Same 3 numbers.

Latchy

I have being doing the 3 number irish lotto draw in bookies for a few years now and adding up total of wins i have had with this method of £1 on 3 numbers = £600 pay out , my winnings runs in about £5,or 6000 . My friend also does same 3 number game and has had roughly same sucess as me . I keep to the same 3 selctions ,of 3 different numbers, in all 3 draws .

Ron DMC

Tried it last weekend for the first time. 3 numbers, none of which came up. Will probably keep trying though, come be a nice earner.

hotspur

Anyone want to post up the real odds of guessing 3 out of 3 correctly, ir 4 out of 4. I mean we all know it is a bad bet to make since it is pure maths and the bookmakers are obviously giving bad odds, but just how bad are they compared to the real odds? I'm guessing pretty bad but I couldn't be bothered working it out as it takes a bit of time to do it correctly.

Crumbs

3 from 7 from 45 = 404/1

4 from 7 from 45 = 4256/1

You have to be a real sap to do these kind of bets.

j@utis

yeah, I've tried this too... picked 10 random numbers 1e on each and none of them came up. feck that I thought and went back to tennis

Latchy

Lady luck will play a large part in any lotto winnings and if you believe your 3 numbers are going to come up even once,chance are they will .

Mellor

latchyco wrote: »

I have being doing the 3 number irish lotto draw in bookies for a few years now and adding up total of wins i have had with this method of £1 on 3 numbers = £600 pay out , my winnings runs in about £5,or 6000 . My friend also does same 3 number game and has had roughly same sucess as me . I keep to the same 3 selctions ,of 3 different numbers, in all 3 draws .

Either you are lying, or made a mistake, the no bookies in the country pay you 600/1 for 3 numbers in the irish lotto

AlaskaFox

Mellor wrote: »

Either you are lying, or made a mistake, the no bookies in the country pay you 600/1 for 3 numbers in the irish lotto

Pounds. May be the UK lotto. More numbers in it.

Mellor

I seen he said pounds, but he also said irish lotto
I figured he could enter a € on his keyboard

lolkelly

Mellor wrote: »

I seen he said pounds, but he also said irish lotto
I figured he could enter a € on his keyboard

He obvioulsy means pick 3 numbers only. You have to match all 3. Its not like the lotto where you get to pick 6 numbers on each line.

http://www.paddypower.com/bet?action=go_mainlottery&xgame_type=IR

Latchy

Mellor wrote: »

Either you are lying, or made a mistake, the no bookies in the country pay you 600/1 for 3 numbers in the irish lotto

Why would i want to lie ? Only mistake is perhaps you not understanding / me not explaining corrrectly

lolkelly wrote: »

He obvioulsy means pick 3 numbers only. You have to match all 3. Its not like the lotto where you get to pick 6 numbers on each line.

Correct .We are not talking about picking 3 numbers from a national lotto ticket ,were picking 3 from 6 or 7 nimbers on the william hills or ladbrokes odds .You pick 3 numbers from 47 ,they come up on any of the 3 draws or as you say in ireland lotto plus 1 ,2 then bookies pays out 600/1 .The sum of my winnings mentoned was won over a ten year period which works out at roughly £500 a year .

fearandloathing

as somone who works in a bookies i can tell you that numbers bets (lotto, 49's and rapido) are highly lucrative for bookies with an 18-20% margin, roughly double that of horse racing. the likes of 49's and rapido are just there to screw the customers while there is no live racing on. if you are genuinely trying to make a profit from gambling the maths clearly states that numbers are the worst avenue to go down.

Paddy Irishman

The more numbers you do the worse the odds get as Crumbs stated earlier you should get €404 for 3 numbers from 7 instead of €300. Over €100 less! :eek:. Picking 1 number is the "nearest to true odds" option you have when doing the lotto in the bookies.

I see one firm are offering 3 for the price of 2 Irish lotto draws for the month of July. I've done the maths and reckon that the FREE DRAW negates the bookies edge on the PICK 2 numbers draw. What I mean is the true odds of getting 2/2 numbers from 6 is 65/1. The true odds of getting 2/2 from 6 in EITHER of the 3 draws is approx 24/1. Now I'm only paying for two draws in the betting shop and will be rewarded with odds of 55/1 for 2/2 from 6 numbers. The bookies odds of getting 2/2 from 6 numbers in EITHER of the 2 PAID draws also represents approx 24/1. Any maths experts confirm if this is true? I know it's still 24/1 but I might do a few small stakes doubles for tomorrows draw if it represents value.

Mellor

lolkelly wrote: »

He obvioulsy means pick 3 numbers only. You have to match all 3. Its not like the lotto where you get to pick 6 numbers on each line.

Yes, its obvious he was tlking about that, and if you were paying attention, so was I and so was everyone else on the thread.

If it was out of 6 instead of 3, the odds are reduced by 6, which obviously even less likely.

latchyco wrote: »

Why would i want to lie ? Only mistake is perhaps you not understanding / me not explaining corrrectly


Correct .We are not talking about picking 3 numbers from a national lotto ticket ,were picking 3 from 6 or 7 nimbers on the william hills or ladbrokes odds .You pick 3 numbers from 47 ,they come up on any of the 3 draws or as you say in ireland lotto plus 1 ,2 then bookies pays out 600/1 .The sum of my winnings mentoned was won over a ten year period which works out at roughly £500 a year .

As I said above I was aware what you meant.
And you will not get 600/1 on a full draw in the irish lotto. (the chances are about 400/1)

You will get close to it from a six number draw, and even still it is a terrible price/bet

But the bookie will not pay out 600/1 if it come up on any draw, it is about 200/1. This is wrong/mistaken here.

Also, you pick from 45 numbers not 47.

Crumbs

Paddy Irishman wrote: »

I see one firm are offering 3 for the price of 2 Irish lotto draws for the month of July. I've done the maths and reckon that the FREE DRAW negates the bookies edge on the PICK 2 numbers draw. What I mean is the true odds of getting 2/2 numbers from 6 is 65/1. The true odds of getting 2/2 from 6 in EITHER of the 3 draws is approx 24/1. Now I'm only paying for two draws in the betting shop and will be rewarded with odds of 55/1 for 2/2 from 6 numbers. The bookies odds of getting 2/2 from 6 numbers in EITHER of the 2 PAID draws also represents approx 24/1. Any maths experts confirm if this is true? I know it's still 24/1 but I might do a few small stakes doubles for tomorrows draw if it represents value.

I think this is a +EV bet. Which bookie is giving the offer?

How did you come up with your first figure of 24/1? I get 21.68/1 for exactly one winning bet among the three draws and 21.34/1 for at least one winner.

Paddy Irishman

Originally posted by Crumbs

I think this is a +EV bet. Which bookie is giving the offer?
How did you come up with your first figure of 24/1? I get 21.68/1 for exactly one winning bet among the three draws and 21.34/1 for at least one winner.

You're right it is 21.34/1. I used the HYPGEOMDIST function in excel to find the probability of 2 numbers from 6 and got 66.
So (65/66)^3 = 0.95523068147035089183849514428027 is the probability you won't win in any the 3 draws. I rounded it up to .96. So you expect to win 4 times out of 100 giving me 24/1.

Using Bruce Bettings odds of 55/1 and without rounding up or down to two decimal places I get 27.25/1 that you'll win in either of the two paid for draws. Therefore am I right in thinking I'm being offered 27.25/1 about a 21.34/1 shot. Apologies if this is veering off "gambling" and more into the "mathematical" area.

twerg_85

990 combinations of 2 numbers (45*44/2)
Bet €1 on each costs €660 (3 for the price of 2)
Return is €840 (15 * 56 (assuming your odds of 55/1))

Or, assuming odds on picking one number (from 6) are 6/1, then
45 numbers
Bet €1 on each costs €30
Return is €36

So yeah, if you can cover off all the combos this is a great bet.

Fishyfreak

I'm one of the few success stories, before Christmas a few years ago, possibly 2005, I did 3 numbers out of 6. (No: 4, 16, 23)

I had €6 on it @ 475/1.

It was a good Christmas.

intheknow37

just had a look at bruce bettings site and it's brand new and u can now bet interactive....will it give paddy and the boys a run for their money ha ha

Latchy

It is annoying to see your 3 or 4 numbers come up the 3rd draw if you have only covered them on the first two .This has happened to me several times but to accumalate one must speculate

seandugg

latchyco wrote: »

It is annoying to see your 3 or 4 numbers come up the 3rd draw if you have only covered them on the first two .This has happened to me several times but to accumalate one must speculate

no, in order to accumulate you should stop making bets when the odds a clearly against you:eek:

Latchy

seandugg wrote: »

no, in order to accumulate you should stop making bets when the odds a clearly against you:eek:

which is exactly why i dont do the 3rd draw :rolleyes:

I know my limits ' never gamble more than you can afford to loose ' is my motto

My £2 a week on the looto in bookies has paid handsomly over years

keen

What goes on the betting slip?

Your three numbers and "lotto" at 300/1?

raheny red

keen wrote: »

What goes on the betting slip?

Your three numbers and "lotto" at 300/1?

They are the odds for then BB included, keep your money - don't waste your time with it....

keen

keen wrote: »

What goes on the betting slip?

Your three numbers and "lotto" at 300/1?

Anyone?

Mellor

There is normally a dedicated lotto slip,
thick off the numbers, and if you are playing 6 or 7 number draw

keen

Mellor wrote: »

There is normally a dedicated lotto slip,
thick off the numbers, and if you are playing 6 or 7 number draw

Sound, thanks.

Fighting Irish

latchyco wrote: »

I have being doing the 3 number irish lotto draw in bookies for a few years now and adding up total of wins i have had with this method of £1 on 3 numbers = £600 pay out , my winnings runs in about £5,or 6000 . My friend also does same 3 number game and has had roughly same sucess as me . I keep to the same 3 selctions ,of 3 different numbers, in all 3 draws .

I haven't a clue wtf all that waffle means :pac:

Fighting Irish

Crumbs wrote: »

3 from 7 from 45 = 404/1

4 from 7 from 45 = 4256/1

You have to be a real sap to do these kind of bets.

I don't do them, but €1 a week is hardly gonna break the bank

keen

Fighting Irish wrote: »

I don't do them, but €1 a week is hardly gonna break the bank

Exactly, a euro a week for the laugh is all I'd be doing.

Have never played the national lotto, but would do this.

Crumbs

Fighting Irish wrote: »

I don't do them, but €1 a week is hardly gonna break the bank

You don't have to break the bank to be a sap. And I don't think there's a fixed stake of €1. My understanding is that you can put what you like on these bets.

I'd rather see people put their few quid on a sports bet each week where the bookie's edge is generally less than on these random number bets.

Mellor

I'd rather people continue to do this bets, in fact i'd rather more did it.

The bookie has a greater edge here, if he lost it, he would need to make it up in sports markets

NewApproach

AlaskaFox wrote: »

Pounds. May be the UK lotto. More numbers in it.

Can't be. IIRC it is Illegal for organisations other than the UK National Lottery to use the results of their balls draw for the settlement of bets other than those which are in the offical pool.

In other words they cant do it!

Crumbs

Mellor wrote: »

I'd rather people continue to do this bets, in fact i'd rather more did it.

The bookie has a greater edge here, if he lost it, he would need to make it up in sports markets

Now that's just selfish. I'm trying to be a philanthropist.

offaly4sam

I came across this thread this morning,i never new you could bet on the lotto. And im currently working on a blog (not complete yet) on on an experiment on beating the bookies in one month. Anyway I was able to get the results from the last 30 draws and i worked out (took a while) the probibilty of each numbers and combinations coming up.
so i placed 2 E4 bets on 2 numbers coming up at 35/1 in 7 ball draw
and 1 E4 bet on 3 single numbers coming up at 5/1 in 7 ball draw

1 combination came up = 144 Euro
1 single bets came up = 24 Euro

144 + 24 = 168E - 20 = 148E Profit

Im def. doing this bet from now on!

Latchy

Fighting Irish wrote: »

I haven't a clue wtf all that waffle means :pac:

Then dont respond to somthing you dont understand :rolleyes:

Crumbs

offaly4sam wrote: »

Anyway I was able to get the results from the last 30 draws and i worked out (took a while) the probibilty of each numbers and combinations coming up.

Damn, you figured out the system. I thought I was the only one who knew how to beat the lotto. Now everyone knows!

Dun laoire

The missus won 1500 on 3 numbers a good few weeks back on the lunch time 49s. 5 euro on 3,15,26 with the aul booster. First time she ever did it too and all the money i pumped into it over the years and nothing!! Hoore

offaly4sam

Crumbs wrote: »

Damn, you figured out the system. I thought I was the only one who knew how to beat the lotto. Now everyone knows!

crumb im very sorry,i maybe shouldnt of said anything. But it's a very easy way to make money. Have you made much profit from it?

Crumbs

offaly4sam wrote: »

crumb im very sorry,i maybe shouldnt of said anything. But it's a very easy way to make money. Have you made much profit from it?

Yeah, I made quite a lot of money from it. A few hundred thousand. But I think the lotto organisers and the bookies were on to me and they hired private investigators to check me out. They tapped my phones and bugged my house and car. They even tried to poison me with what I think was polonium-210.

So for a few weeks I laid low. They probably thought they had intimidated me but I was really planning my big coup. I hired a crack team of homeless people to go around Ireland placing lots of small bets on the lotto in every bookie they could find. They literally were a crack team - they were so coked up it took them much longer than expected. I had to dock a few hang sangwiches from their wages.

Anyway Saturday rolled around and I nailed the numbers big time. Sunday was spent collecting all my winnings. A cool quarter mill. I was in disguise obviously but someone must have known because as I was coming back into Dublin, two SUVs tried to force me off the road. They shot out my tyres too but luckily I was right beside the airport. Me being me, I always carry my passport so I ran into the terminal building, paid for a flight ticket in cash and moved to Canada. Now I'm living happily and peacefully here, ripping off the Canuck lottery.

offaly4sam

Crumbs wrote: »

Yeah, I made quite a lot of money from it. A few hundred thousand. But I think the lotto organisers and the bookies were on to me and they hired private investigators to check me out. They tapped my phones and bugged my house and car. They even tried to poison me with what I think was polonium-210.

So for a few weeks I laid low. They probably thought they had intimidated me but I was really planning my big coup. I hired a crack team of homeless people to go around Ireland placing lots of small bets on the lotto in every bookie they could find. They literally were a crack team - they were so coked up it took them much longer than expected. I had to dock a few hang sangwiches from their wages.

Anyway Saturday rolled around and I nailed the numbers big time. Sunday was spent collecting all my winnings. A cool quarter mill. I was in disguise obviously but someone must have known because as I was coming back into Dublin, two SUVs tried to force me off the road. They shot out my tyres too but luckily I was right beside the airport. Me being me, I always carry my passport so I ran into the terminal building, paid for a flight ticket in cash and moved to Canada. Now I'm living happily and peacefully here, ripping off the Canuck lottery.

haha thats a good one. I like the part about detucting a few hang sandwhiches from their pay. Classic

Dave!

Here mate I found this secret page on the lotto website, I don't feel guilty about passing the info on to you because I know you'll put it to good use!

http://www.lotto.ie/statistics/statistics.asp

G'luck and keep me posted about the revol--experiment.

offaly4sam

Damn why couldnt i have found this page eralier instead of taking hours to work them out ha. Im up just under 200 euro already after only 2 draws. Hopefully i can make it 3 in a row tonight

Dave!

I'll take my usual 25% for providing the info

MrsJohnMurphy

Did anyone else ever think its "weird" how pairs 4,5 see to come out so often together?

I thought it was weird untill I wrote a computer programme to calc the number of pairs, it turns out that of the ~8.1 million irish lotto combinations, 52.7% of them contain a pair. So on average a pair should come out in just over half the draws, so its actually not weird at all that so many pairs come out.

If the bookies offered an evens bet every week on a pair NOT coming out, alot of fools in the bookies would probably take it up, but the bookies would have a ~5% edge and be in profit in the long run.

Just thought Id share that info with some fellow lotto nerds, as I am quiet happy with myself having worked it all out!

MJM

Collie D

Crumbs wrote: »

3 from 7 from 45 = 404/1

4 from 7 from 45 = 4256/1

You have to be a real sap to do these kind of bets.

A bit harsh. Not much harm in sticking a quid on your birthday. Hardly breaking the bank

Keephercountry

offaly4sam wrote: »

I came across this thread this morning,i never new you could bet on the lotto. And im currently working on a blog (not complete yet) on on an experiment on beating the bookies in one month. Anyway I was able to get the results from the last 30 draws and i worked out (took a while) the probibilty of each numbers and combinations coming up.
so i placed 2 E4 bets on 2 numbers coming up at 35/1 in 7 ball draw
and 1 E4 bet on 3 single numbers coming up at 5/1 in 7 ball draw

1 combination came up = 144 Euro
1 single bets came up = 24 Euro

144 + 24 = 168E - 20 = 148E Profit

Im def. doing this bet from now on!

Hey dude in fairness to ya u sound like ya know wat ur doin but i dnt really understand how u do it or which draw to do it on, i work in a bar and lots of people reckon its alot better than the actual lotto, could u explain it in more simple terms for me??? Cheers