What got me thinking of this is that 5dimes pays 900-1 odds on the 3digit number of all the different state lotteries.
I remember the days of numbers-running, paying 8-1 odds on a single digit, 800-1 odds on the 3 digit number. Then the State run lotteries come in and only pay 500-1, and then they rip you off even further on a 6way boxed number paying only 80-1. What a ripoff.
I also remember years ago when you could borrow $ at 10 points. Basically pay back $110 a week for 10 weeks on a $1000 loan. This is still way cheaper then those ripoff check cashing places that are legal.
And here in Asia they have parlay cards that use the NBA games, its all moneyline, and the lowest ML is 1.65 for each team if it was a pick at -110 (1.91) elsewhere. Unreal ripoff.
These government run lotteries can still make there large profits, but these odds are just ridiculous.
I remember the days of numbers-running, paying 8-1 odds on a single digit, 800-1 odds on the 3 digit number. Then the State run lotteries come in and only pay 500-1, and then they rip you off even further on a 6way boxed number paying only 80-1. What a ripoff.
I also remember years ago when you could borrow $ at 10 points. Basically pay back $110 a week for 10 weeks on a $1000 loan. This is still way cheaper then those ripoff check cashing places that are legal.
And here in Asia they have parlay cards that use the NBA games, its all moneyline, and the lowest ML is 1.65 for each team if it was a pick at -110 (1.91) elsewhere. Unreal ripoff.
These government run lotteries can still make there large profits, but these odds are just ridiculous.