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92-563: Pick-3 is a three-digit draw game drawn twice daily. It began on May 22, 1975, as a daily game and the nation’s first game where players can choose their own numbers and play type. Midday drawings were introduced in November 2001. It was originally known as Pick-it ; the name changed to Pick-3 in 1987 to distinguish from the newer Pick-4 game. The ways to win, in the order of payouts from highest to lowest, are: Plays in pick 3 range from $ 0.50 to $ 5 and prizes range from $ 25 to $ 2,500 depending on

184-401: A decimal currency such as dollars , each outcome has a certain amount of money wagered: Thus, the total pool of money on the event is $ 1028.00. Following the start of the event, no more wagers are accepted. The event is decided and the winning outcome is determined to be Outcome 4 with $ 110.00 wagered. The payout is now calculated. First the commission or take for the wagering company

276-441: A Canadian or Super Yankee trying to pick five; these also include subsidiary bets. There are also other bets which are large combinations of singles, doubles, trebles and accumulators some of them are called Lucky 15, Lucky 31, Heinz, Super Heinz, Goliath. The term nap identifies the best bet of the day. Tote Ireland operates the following pools Bet types for harness racing (trotting): The Hong Kong Jockey Club (HKJC) operates

368-441: A Canadian or Super Yankee trying to pick five; these also include subsidiary bets. There are also other bets which are large combinations of singles, doubles, trebles and accumulators some of them are called Lucky 15, Lucky 31, Heinz, Super Heinz, Goliath. The term nap identifies the best bet of the day. Tote Ireland operates the following pools Bet types for harness racing (trotting): The Hong Kong Jockey Club (HKJC) operates

460-444: A bet involving two or more races. For example, a 1-all daily double wheel bets the 1-horse in the first race with every horse in the second. People making straight bets commonly employ the strategy of an "each way" bet. Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets. The Canadian and American equivalent

552-472: A cash prize. Matching all five drawn cards won $ 100,000. An additional $ 1 bet called "All In" added to the prizes for the "Win Now" play, with a royal flush winning an additional progressive jackpot which started at $ 10,000, while a straight flush added 10% of the jackpot value to the prize. New Jersey Lottery officially ended 5 Card Cash on October 5, 2020. The game had been temporarily suspended on May 4, 2020, due to

644-544: A day, seven days a week; midday at 12:59 p.m. Eastern Time and nightly at 10:57 p.m. Eastern Time. Also, NJN aired the twice-weekly Mega Millions drawings at 10:59 p.m. Eastern time every Tuesday and Friday night, as well as the Monday, Wednesday and Saturday Powerball drawings at the equivalent time. On July 1, 2011, the New Jersey Lottery became the first lottery in the nation to stream their drawings, live, from

736-453: A form of instant win game known as Instant Match . Available as a $ 1 add-on to Pick-3, Pick-4 and Jersey Cash 5 tickets, the lottery terminal's random number generator produced a same-sized set of numbers to the main game. If any of the randomly generated numbers match the ticket's chosen numbers, the player wins the indicated prize amount. In 2015, this was replaced by a series of games known as Fast Play , which are instant games similar to

828-423: A hypothetical event that has eight possible outcomes, in a country using a decimal currency such as dollars , each outcome has a certain amount of money wagered: Thus, the total pool of money on the event is $ 1028.00. Following the start of the event, no more wagers are accepted. The event is decided and the winning outcome is determined to be Outcome 4 with $ 110.00 wagered. The payout is now calculated. First

920-403: A negative breakage may occur—for example, in horse racing when an overwhelming favorite wins (or shows or places). The parimutuel calculation results might call for a very small winning payout (say, $ 1.02 or $ 1.03 on a dollar bet), but legal regulations might require a larger payout (e.g., minimum $ 1.10 on a dollar bet). This condition is sometimes referred to as a minus pool. In an event with

1012-411: A pick-5-of-38 game. Players won a parimutuel prize by matching at least three numbers. The original version of Jersey Cash 5 did not have a rolling jackpot; instead, if no set of five numbers was a perfect match, the first-prize pool was added to second prize winners (those who matched four of five numbers). In September 2003, two numbers were added to make Jersey Cash 5 a 5/40 game, and the top prize level

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1104-573: A prize that was awarded to them on a parimutuel basis. On February 27, 2017, the Fireball feature was added to Pick-3 and Pick-4, replacing a play type that the NJ Lottery offered until February 19, 2017, called “So Close”. This Fireball feature gives players an additional opportunity to create winning combinations. With Fireball, players can replace one of the Lottery drawn Pick-3 or Pick-4 winning numbers with

1196-634: A prize. There were prizes for matching 2, 3, or 4 numbers in the exact order. The prize structure for the game was unknown. Monopoly Millionaires' Club began on October 19, 2014. Its only jackpot winner was purchased in New Jersey. In December 2014, it was announced that due to low sales among the 23 members, sales of the game were to be suspended. This game has had a limited run having been played from February 3rd through March 10th, 1990. The format, prize structure and draw frequency were unknown. The New Jersey Network (NJN) aired live televised drawings twice

1288-535: A scratchcard, but generated by the lottery terminal. Cost and prize values vary between games. One game, Jersey Jackpot features a progressive jackpot. The original version of the game was called 5 Card Lotto, and was offered from January 11, 1988, to September 18, 1990. It was New Jersey Lottery's response to the initial wave of terminal-based, all-cash, lottery games with a higher prize potential than those offered in Pick-3 and Pick-4 games. Rather than an all-number field,

1380-535: A second-prize game (matching all five white balls, but not also the Powerball) wins $ 1 million, or $ 2 million if Power Play was selected. Powerball is drawn live, usually from Florida; its home base was Iowa until 2008. Unusually, for Pick-6 (as well as for Cash4Life, Mega Millions, and Powerball within New Jersey), players must choose cash or annuity when playing , instead of after winning. The cash option, if chosen,

1472-403: A series of bets in which bettors stake the winnings from one race on the next in order until either the bettor loses or the series completes successfully. In Australia, certain exotic bet types can be laid as "flexi" bets. Usually the price of an exotic bet is determined by a set multiple of the outcome, for example $ 60 for a five horse boxed trifecta at one unit ($ 1)—or $ 30 at half unit (50c). If

1564-419: A set of n possible single-winner outcomes, with wagers W 1 , W 2 , ..., W n the total pool of money on the event is W T = ∑ i = 1 n W i . {\displaystyle W_{T}=\sum _{i=1}^{n}W_{i}.} After the wagering company deducts a commission rate of r from the pool, the amount remaining to be distributed between

1656-516: A smaller take and thus offer better payoffs, but they are illegal in some countries. However, the introduction of Internet gambling led to "rebate shops". These off-shore betting shops promise to return some percentage of every bet made to the bettor. They may reduce their take from 15–18% to as little as 1–2%, while still generating a profit by operating with minimal overhead . There may be several different types of bets, in which case each type of bet has its own pool. The basic bets involve predicting

1748-747: A ticket sold in New Jersey was for the March 26, 2024, Mega Millions drawing. The annuity value of the ticket was approximately $ 1.128 billion (that was the first time ever that someone in New Jersey won a jackpot of $ 1 billion or more in the Mega Millions game). The ticket was sold in Neptune Township. Powerball is a multi-lottery game which began in 1992. On October 13, 2009, the Mega Millions consortium and Multi-State Lottery Association (MUSL) reached an agreement in principle to cross-sell Mega Millions and Powerball in U.S. lottery jurisdictions. On January 7, 2010,

1840-538: A very small winning payout (say, $ 1.02 or $ 1.03 on a dollar bet), but legal regulations might require a larger payout (e.g., minimum $ 1.10 on a dollar bet). This condition is sometimes referred to as a minus pool. In an event with a set of n possible single-winner outcomes, with wagers W 1 , W 2 , ..., W n the total pool of money on the event is W T = ∑ i = 1 n W i . {\displaystyle W_{T}=\sum _{i=1}^{n}W_{i}.} After

1932-422: A week on Saturdays, it expanded with a Wednesday drawing before being discontinued. It was unpopular with players, who felt the rules, which featured a combination of player- and machine-selected numbers, were too complex and confusing. The top prize was $ 500,000 cash; although not a progressive jackpot, the prize was split if there were multiple winners. Players had to choose 4 numbers from 0 to 76. Lottery Bingo

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2024-558: A winning ticket needed at least four correct numbers in a game. In June 1984, it was changed to 6/39, then in February 1986, later went to a 6/42 matrix, followed by an additional change to 6/46, in January 1989; making even higher jackpots possible. Until 2000, drawings included a five-digit "bonus" number; an exact match entered the player into a special drawing where the top prize was $ 50,000 yearly in 20 installments, with no cash option. (Although

2116-556: Is legally binding ; however, a New Jersey-generated annuity ticket that wins an annuity prize in any of these four games can be changed to cash. Such winners are given a 60-day period upon claiming in which to make the choice. There is no annuity option in Jersey Cash 5, as its jackpot shares are paid in lump sum. Since June 16th, 1975, the New Jersey has offered numerous scratchcard games, called "Instant Games", with various price points, prizes, formats and themes. The Lottery offered

2208-490: Is a 6-of-6 winner (the jackpot prize is paid in a financial annuity over 30 years or the jackpot winner can choose the available cash option for such annuity). The game requires players to choose how they want to be paid if they win the jackpot prize while playing the game. Pick-6 began on May 9, 1980, as one of the first games of its kind in the US. It originally was a pick-6 (hence the name) of 36 numbers. Players paid $ 1 for each game;

2300-437: Is a daily game that draws five balls numbered from 1 through 45. Drawings are held nightly, and the cost is $ 1 per game. The top prize (matching all 5 numbers drawn) is a progressive jackpot that starts at an estimated $ 100,000. The jackpot increases each day until a wager matches all 5 numbers drawn. The jackpot amount is shared between each winning ticket if there is more than one. Jersey Cash 5 began on September 20, 1992, as

2392-399: Is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal. Parimutuel gambling is often also offered at " off track " facilities, where players may bet on the events without actually being present to observe them in person. In a hypothetical event that has eight possible outcomes, in a country using

2484-421: Is binding, while an annuity ticket can be changed to cash after winning. On May 15, 2017, Doubler NJ (available only in New Jersey, hence, the name of the feature) can be added to each Cash4Life play for $ 1 extra. All non-"for Life" prizes double winnings. Doubler NJ applies to each $ 3 play on a ticket. On September 6, 1996, six lotteries began a multi-jurisdictional game, then known as The Big Game . In May 1999,

2576-459: Is deducted from the pool. For example, with a commission rate of 14.25% the calculation is: $ 1028 × 0.1425 = $ 146.49. This leaves a remaining amount of $ 881.51. This remaining amount in the pool is now distributed to those who wagered on Outcome 4: $ 881.51 / $ 110.00 = 8.01 ≈ $ 8 payout for $ 1 wagered. This payout includes the $ 1 wagered plus an additional $ 7 profit. Thus, the odds on Outcome 4 are 7-to-1 (or, expressed as decimal odds , 8.01). Prior to

2668-413: Is determined by a set multiple of the outcome, for example $ 60 for a five horse boxed trifecta at one unit ($ 1)—or $ 30 at half unit (50c). If the bet is successful, the bettor will get either the full winning amount shown on the board, or half the winning amount. Under a flexi system the bettor can nominate their desired total wager, and their percentage of payout is determined by this wager's relationship to

2760-485: Is drawn nightly. Players choose 5 of 60 numbers in one field, and 1 of 4 green "Cash Ball" numbers in the second field. Drawings are held live from New Jersey every evening at 9 pm Eastern Time on Livestream . The top prize is $ 1,000 per day for life, while second prize is $ 1,000 per week; both annuity tiers have a cash option. Unusually, New Jersey requires players to choose cash or annuity when playing Cash4Life, instead of after winning. The cash option (if chosen)

2852-479: Is drawn using a random number generator (RNG). The RNG draws 20 numbers from 1 through 80. Minimum play is $ 1. The 10-spot option has a top prize of $ 100,000 ($ 1 million on a $ 10 play). Players also have the option of how many consecutive drawings (up to 20) they wish to play. Up until September 30, 2018, Quick Draw was only offered at a limited number of lottery retailers (who have an HDTV monitor) showing each drawing. On October 1, 2018, Quick Draw's Bullseye feature

New Jersey Lottery - Misplaced Pages Continue

2944-431: Is now calculated as $ 20/$ 60 = 33.3%. If the bet is successful, the payout will be 33.3% of the winning amount for a full unit bet. In recent times the "Roving Banker" variant for Trifecta and First4 betting is now offered. For a Roving Banker First4 the player selects one, two or three runners they believe will definitely finish 1st, 2nd, 3rd or 4th, and up to three selections as Roving Banker(s) with other runners to fill

3036-424: Is the bet across (short for across the board ): the bettor bets equal sums on the horse to win, place, and show. A parlay, accumulator or roll-up consists of a series of bets in which bettors stake the winnings from one race on the next in order until either the bettor loses or the series completes successfully. In Australia, certain exotic bet types can be laid as "flexi" bets. Usually the price of an exotic bet

3128-409: Is used in gambling on horse racing , greyhound racing , jai alai , and other sporting events of relatively short duration in which participants finish in a ranked order. A modified parimutuel system is also used in some lottery games. Parimutuel betting differs from fixed-odds betting in that the final payout is not determined until the pool is closed – in fixed-odds betting, the payout

3220-468: The k winners, those who bet on outcome m will receive a payout of ( W R / k ) / W m for every dollar they bet on it. The parimutuel system was invented by French- Catalan entrepreneur and showman impresario Joseph Oller in 1867. The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a totalisator , "automatic totalisator" or "tote board", invented by

3312-616: The Australian engineer George Alfred Julius . The first was installed at Ellerslie Racecourse , Auckland , New Zealand, in 1913, and they came into widespread use at race courses throughout the world. The U.S. introduction was in 1927, which led to the opening of the suburban Arlington Racetrack in Arlington Park , near Chicago, and Sportsman's Park in Cicero, Illinois , in 1932. Unlike many forms of casino gambling, in parimutuel betting

3404-426: The commission or take for the wagering company is deducted from the pool. For example, with a commission rate of 14.25% the calculation is: $ 1028 × 0.1425 = $ 146.49. This leaves a remaining amount of $ 881.51. This remaining amount in the pool is now distributed to those who wagered on Outcome 4: $ 881.51 / $ 110.00 = 8.01 ≈ $ 8 payout for $ 1 wagered. This payout includes the $ 1 wagered plus an additional $ 7 profit. Thus,

3496-515: The COVID-19 pandemic, but it never resumed play due to limited interest. On October 16, 2020, a new poker-themed version of the game was launched as a Fast Play Progressive game. In addition, any remaining amount for the "All In" prize pool was carried forward into the Fast Play progressive Jackpot. Lotzee (stylized LOTZEE) was a game offered from June 14, 1998, to September 13, 2003. Originally drawn once

3588-424: The Fireball number drawn for more ways to win, for example, if a player placed a 3-6-8 Straight bet and the winning numbers were 2-6-8 and the Fireball number was 3, the player would swap out the first number 2 with the Fireball number to match the numbers 3-6-8 and win the Fireball prize. In addition, player matching the winning numbers for their play type and the fireball number is the same as one of their numbers and

3680-492: The Multiplier to each play costs double the wager. The game launched on September 30, 2019. Players select how much to wager; $ 1, $ 2, $ 5, or $ 10. Players choose from 1 to 15 numbers; the "cover all" option guarantees a win. One number from 1 through 15 is drawn by an RNG. Players can win anywhere from 5 to 250 times their wager, with prizes ranging from $ 5 to $ 2,500. Winning numbers are shown on each lottery terminal, HDTV monitors,

3772-412: The NJ Lottery app. Quick Draw is available through all New Jersey Lottery retailers, with the live drawings displayed on each lottery terminal, HDTV monitors, the NJ Lottery app and website. On June 7, 2021, the Multiplier feature was launched. This feature gives lottery players the opportunity to multiply their winnings up to 10 times. The Multiplier drawing takes place prior to each draw. The cost to add

New Jersey Lottery - Misplaced Pages Continue

3864-476: The New Jersey Lottery announced that it would join Powerball , effective January 31, 2010; on that date, the 33 MUSL members were joined by 12 lotteries, including New Jersey's, that offered Mega Millions, although some of the 45 lotteries did not add the "other" game on that date. On March 13, 2010, New Jersey became the first previously Mega Millions-only jurisdiction to produce a jackpot ticket for Powerball after

3956-469: The New Jersey Lottery app, and website. Since Monday, June 27, 2022, Cash Pop drawings take place every 4 minutes instead of every 15 minutes. On June 13, 2014, New York and New Jersey began sales of Cash4Life , which replaced Sweet Million in New York. Games are $ 2 each. The first drawing took place on June 16. The game has since expanded; as of July 1, 2019, the game is offered by nine state lotteries and

4048-504: The New Jersey Lottery became its first additional member. The game became known as The Big Game Mega Millions in May 2002; a short time later, The Big Game was dropped from the name. Mega Millions' starting jackpots is $ 15 million; a cash option is available. On January 31, 2010, many MUSL members (until then offering only Powerball ) joined Mega Millions ; likewise, most Mega Millions members added Powerball; New Jersey offered both games as of

4140-507: The New Jersey Lottery drawings returned to broadcast television. The drawings were aired on WLNY (channel 10/55) in northern New Jersey, and WPSG-TV (channel 57), in southern New Jersey, both of which are owned by CBS. These are the first New Jersey Lottery drawings to be aired on commercial television. On July 1, 2014, the New Jersey Lottery live drawings moved to WPIX /channel 11 (New York City) and WPHL /channel 17 (Philadelphia), both of which are formerly owned by Tribune Broadcasting . On

4232-448: The New Jersey Lottery's headquarters on either the New Jersey Lottery's website or the New Jersey Lottery's Ustream channel. On September 6, 2011, drawings returned to broadcast on television on NJTV on a one-hour tape delay; the live drawings continue to be held at the Lottery's headquarters and broadcast online. On June 4, 2012, the live drawings from the New Jersey Lottery's Ustream channel moved to Livestream . On January 1, 2013,

4324-622: The New Jersey State Lottery announced that it would no longer broadcast drawings on WPIX and WPHL, but still live stream them on their website, Facebook page, Youtube channel and Livestream . In addition, the evening drawings moved from 7:57 pm to 10:57 pm. The Mega Millions and Powerball drawings continue to broadcast on WABC-TV and WXTV-DT (in Spanish) in New York and WTXF-TV in Philadelphia, although WABC-TV occasionally airs

4416-552: The Pick-6 cash option began in 1997, it applied only to the "regular" game; choosing "cash" on a betslip, then winning the top prize in the "bonus" drawing, still meant receiving mandatory annuity payments.) In September 2000, Pick-6 adopted the 6/49 format, adding a $ 3 prize for matching three numbers. Matching at least four numbers has always won a parimutuel prize. On January 15, 2015, Pick-6 added its "XTRA" option (an additional $ 1 per play per drawing). Matching five, four, or three of

4508-614: The Powerball drawings, particularly when the Powerball jackpot is significantly high. Due to the COVID-19 pandemic, the live drawings are hosted by unseen announcers. All New Jersey Lottery drawings are held live from New Jersey Lottery Headquarters at Lawrence Park Complex in Trenton, New Jersey. Pick 3, Pick 4, Fireball, Jersey Cash 5, and Pick 6 are drawn in Studio A. The nightly Cash4Life drawings are held in Studio B. All NJ Lottery Drawings are under

4600-507: The XTRA multiplier turned into an instant multiplier on every purchased ticket, and a new 10x multiplier number added, which gives players the chance to multiply any non jackpot prizes up to 10 times, both for the regular Pick-6 and Double Play drawings. Quick Draw is a keno -style draw game which was launched on July 17, 2017. The game is drawn every four minutes from 5:00 a.m. to 2:00 a.m. Players choose 1 to 10 numbers (spots) per play. It

4692-492: The amounts paid out are rounded down to a denomination interval—in California , Australia , and British Columbia , 10¢ intervals are used. The rounding loss is known as breakage and is retained by the betting agency as part of the commission. In some situations, a negative breakage may occur—for example, in horse racing when an overwhelming favorite wins (or shows or places). The parimutuel calculation results might call for

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4784-405: The bet is successful, the bettor will get either the full winning amount shown on the board, or half the winning amount. Under a flexi system the bettor can nominate their desired total wager, and their percentage of payout is determined by this wager's relationship to the full unit price. Using a five horse box trifecta, the bettor may wish to lay only $ 20 on the outcome. Their percentage of winnings

4876-535: The bettor. They may reduce their take from 15–18% to as little as 1–2%, while still generating a profit by operating with minimal overhead . There may be several different types of bets, in which case each type of bet has its own pool. The basic bets involve predicting the order of finish for a single participant, as follows: In Canada and the United States , the most common types of bet on horse races include: Win, place and show wagers class as straight bets, and

4968-449: The cash jackpot, which started at $ 200,000 and remained there until sales supported a higher top prize. Unusual at the time, 5 Card Lotto drawings were originally broadcast during the early afternoon, before being shifted to evenings. The game was revived as 5 Card Cash and was offered from May 16, 2016, to May 3, 2020. Each play cost $ 2 per quick pick and offered two plays with the same set of terminal-generated playing cards. The first play

5060-634: The cross-sell expansion date. The Megaplier option, initially available only in Texas , became available to Mega Millions players in New Jersey during January 2011, the deadline for the then 43 Mega Millions members to offer the Megaplier . Mega Millions currently is played in 44 states, the District of Columbia , and the U.S. Virgin Islands . Mega Millions is drawn live, usually from Atlanta. The largest prize won on

5152-532: The cross-sell expansion. The annuity value of the jackpot was over $ 211 million; the ticket was sold in Morris Plains . Powerball's basic game has always had a $ 1 price; a game with the Power Play option (introduced in 2001) costs $ 2. On January 15, 2012, the most recent format change for Powerball included a price increase; games are $ 2 each, or $ 3 with Power Play . The minimum jackpot was doubled, to $ 40 million;

5244-483: The event, betting agencies will often provide an approximate pay-out figure for each given outcome should no more bets be accepted after the current time. Using the wagers and commission rate above (14.25%), an approximates table in decimal odds and fractional odds would be: In real-life examples, such as horse racing , the pool size often extends into millions of dollars with many different types of outcomes (winning horses) and complex commission calculations. Sometimes,

5336-427: The final payout is not determined until the pool is closed – in fixed-odds betting, the payout is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal. Parimutuel gambling is often also offered at " off track " facilities, where players may bet on the events without actually being present to observe them in person. In

5428-527: The following common bet types and pools for horse racing. In Japan , horse racing (競馬, keiba ), velodrome cycling (競輪, keirin ), stock outboard powerboat racing (競艇, Kyōtei ), and paved flat track motorcycle racing (オートレース, Auto Race ) operate the following parimutuel types. Wager must be a multiple of 100 yen except Each-way. The following bet type are offered by the government-controlled betting agency Pari Mutuel Urbain (PMU). Tiercé, Quarté+ and Quinté+ bets are typically only offered on

5520-527: The following common bet types and pools for horse racing. In Japan , horse racing (競馬, keiba ), velodrome cycling (競輪, keirin ), stock outboard powerboat racing (競艇, Kyōtei ), and paved flat track motorcycle racing (オートレース, Auto Race ) operate the following parimutuel types. Wager must be a multiple of 100 yen except Each-way. The following bet type are offered by the government-controlled betting agency Pari Mutuel Urbain (PMU). Tiercé, Quarté+ and Quinté+ bets are typically only offered on

5612-566: The full unit price. Using a five horse box trifecta, the bettor may wish to lay only $ 20 on the outcome. Their percentage of winnings is now calculated as $ 20/$ 60 = 33.3%. If the bet is successful, the payout will be 33.3% of the winning amount for a full unit bet. In recent times the "Roving Banker" variant for Trifecta and First4 betting is now offered. For a Roving Banker First4 the player selects one, two or three runners they believe will definitely finish 1st, 2nd, 3rd or 4th, and up to three selections as Roving Banker(s) with other runners to fill

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5704-482: The gambler bets against other gamblers, not the house, which necessarily implies that the bank cannot be broken . The science of predicting the outcome of a race is called handicapping . Independent off-track bookmakers typically have a smaller take and thus offer better payoffs, but they are illegal in some countries. However, the introduction of Internet gambling led to "rebate shops". These off-shore betting shops promise to return some percentage of every bet made to

5796-471: The game used 52 cards from a standard deck of playing cards. The game was drawn twice a week, on Tuesdays and Fridays. The winning combination was the five "cards" (actually marked balls) drawn. Although a "poker-themed" game, poker hands (four of a kind, full house, flush etc.) were not used to determine winning tickets. Instead, any game matching at least three of the five cards won a parimutuel prize. A ticket with any game matching all five cards won (or shared)

5888-412: The invention of a specialized mechanical calculating machine known as a totalisator , "automatic totalisator" or "tote board", invented by the Australian engineer George Alfred Julius . The first was installed at Ellerslie Racecourse , Auckland , New Zealand, in 1913, and they came into widespread use at race courses throughout the world. The U.S. introduction was in 1927, which led to the opening of

5980-455: The largest race of the day. Parimutuel Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. In some countries it is known as the tote after the totalisator , which calculates and displays bets already made. The parimutuel system

6072-487: The last number being the bullseye number and the starting jackpot will increase to $ 150,000 and grow from there. The game’s instant match feature has also been discontinued in honor of the new format, but the “Xtra” feature will continue as an optional add on to the game. Pick-6 is drawn on Monday and Thursday evenings. It draws six numbers from 1 through 46. Games cost $ 2 each. The jackpot begins at $ 2 million annuity and increases by at least $ 100,000 per rollover until there

6164-414: The observation of Mercadien P.C., a CPA and Asset Management firm. ‡ Live drawings take place on Livestream , NJ Lottery's Facebook page and Youtube channel. Parimutuel Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing

6256-410: The odds on Outcome 4 are 7-to-1 (or, expressed as decimal odds , 8.01). Prior to the event, betting agencies will often provide an approximate pay-out figure for each given outcome should no more bets be accepted after the current time. Using the wagers and commission rate above (14.25%), an approximates table in decimal odds and fractional odds would be: In real-life examples, such as horse racing ,

6348-428: The opportunity to multiply their non-jackpot winnings up to 5 times by matching 3 or 4 out of 5 numbers. If a player matches 2 out of 5 numbers with the "Xtra" feature, they win $ 2. On July 1st, 2024, Jersey Cash 5 went through some major changes which include a change in the ticket price to $ 2 per play, the addition of the new Bullseye feature which allows players to win additional money for matching 3 and 4 numbers with

6440-402: The order of finish for a single participant, as follows: In Canada and the United States , the most common types of bet on horse races include: Win, place and show wagers class as straight bets, and the remaining wagers as exotic bets. Bettors usually make multiple wagers on exotic bets. A box consists of a multiple wager in which bettors bet all possible combinations of a group of horses in

6532-430: The player matches the winning fireball combinations win the base game and any fireball prizes for each fireball combination for that play type (for example if a player placed a 1-2-2-7 Straight bet with the fireball feature and the winning numbers were 1-2-2-7 and the fireball number was 2, they would win 3 times). Adding Fireball doubles the cost of the play and can be added to any pick 3 or pick 4 play type. Jersey Cash 5

6624-405: The player’s choice of play type and wager amount for each game. As of November 14th, 2022, the New Jersey Lottery pays winners fixed prize amounts to players who have pick 3 tickets that match the winning numbers for the play type they choose. Prizes in pick 3 were awarded on a parimutuel basis prior to the November 14th, 2022 drawings. Pick-4 is a four-digit draw game also drawn twice daily. It

6716-482: The pool among all winning bets. In some countries it is known as the tote after the totalisator , which calculates and displays bets already made. The parimutuel system is used in gambling on horse racing , greyhound racing , jai alai , and other sporting events of relatively short duration in which participants finish in a ranked order. A modified parimutuel system is also used in some lottery games. Parimutuel betting differs from fixed-odds betting in that

6808-431: The pool size often extends into millions of dollars with many different types of outcomes (winning horses) and complex commission calculations. Sometimes, the amounts paid out are rounded down to a denomination interval—in California , Australia , and British Columbia , 10¢ intervals are used. The rounding loss is known as breakage and is retained by the betting agency as part of the commission. In some situations,

6900-505: The remaining place(s). A Roving Banker Trifecta is where the player believes that one or two runners will definitely finish 1st, 2nd or 3rd. The bet can be placed by picking the player's favourite runner to finish in any place within the bet and complete the Trifecta with any number of other runners to fill the other placing(s). The following pools are operated at meetings in mainland Britain: Exotic wagers are usually made on horses running at

6992-454: The remaining place(s). A Roving Banker Trifecta is where the player believes that one or two runners will definitely finish 1st, 2nd or 3rd. The bet can be placed by picking the player's favourite runner to finish in any place within the bet and complete the Trifecta with any number of other runners to fill the other placing(s). The following pools are operated at meetings in mainland Britain: Exotic wagers are usually made on horses running at

7084-459: The remaining wagers as exotic bets. Bettors usually make multiple wagers on exotic bets. A box consists of a multiple wager in which bettors bet all possible combinations of a group of horses in the same race. A key involves making a multiple wager with a single horse in one race bet in one position with all possible combinations of other selected horses in a single race. A multi-race wheel (cf. wheel, above) consists of betting all horses in one race of

7176-463: The same day, Erica Young (daughter of the late New Jersey Lottery draw host Hela Young) was introduced as the lottery's new draw host. On May 11, 2018, Erica Young hosted her final New Jersey Lottery drawing, taking on a new position with the Lottery. On the same day, the lottery announced that it would no longer televise midday drawings on WPIX & WPHL. On May 14, 2018, Lauren Berman was introduced as New Jersey Lottery's new draw host. On June 22, 2020,

7268-451: The same race. A key involves making a multiple wager with a single horse in one race bet in one position with all possible combinations of other selected horses in a single race. A multi-race wheel (cf. wheel, above) consists of betting all horses in one race of a bet involving two or more races. For example, a 1-all daily double wheel bets the 1-horse in the first race with every horse in the second. People making straight bets commonly employ

7360-565: The same track on the same program. In the United Kingdom , bookmakers also offer exotic wagers on horses at different tracks. Probably the Yankee occurs most commonly: in this the bettor tries to pick the winner of four races. This bet also includes subsidiary wagers on smaller combinations of the chosen horses; for example, if only two of the four horses win, the bettor still collects for their double. A Trixie requires trying to pick three winners, and

7452-460: The same track on the same program. In the United Kingdom , bookmakers also offer exotic wagers on horses at different tracks. Probably the Yankee occurs most commonly: in this the bettor tries to pick the winner of four races. This bet also includes subsidiary wagers on smaller combinations of the chosen horses; for example, if only two of the four horses win, the bettor still collects for their double. A Trixie requires trying to pick three winners, and

7544-444: The six numbers means the basic parimutuel prize is multiplied by the "XTRA" number. The “XTRA” feature originally awarded a $ 2 prize for matching 2 of the six numbers drawn. On April 7, 2022, the game matrix scaled back to the 6/46 matrix, the price increased to $ 2 per play and a new feature called Double Play added to the game, giving players additional chance to win up to $ 250,000, with other prizes being reduced. In addition to that,

7636-420: The strategy of an "each way" bet. Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets. The Canadian and American equivalent is the bet across (short for across the board ): the bettor bets equal sums on the horse to win, place, and show. A parlay, accumulator or roll-up consists of

7728-427: The suburban Arlington Racetrack in Arlington Park , near Chicago, and Sportsman's Park in Cicero, Illinois , in 1932. Unlike many forms of casino gambling, in parimutuel betting the gambler bets against other gamblers, not the house, which necessarily implies that the bank cannot be broken . The science of predicting the outcome of a race is called handicapping . Independent off-track bookmakers typically have

7820-408: The successful bettors is W R = W T (1 − r ) . Those who bet on the successful outcome m will receive a payout of W R / W m for every dollar they bet on it. When there are k possible winners, such as a North American "place" bet which has k = 2 winners, the total amount to be distributed W R is first divided into k equal shares. If m is one of

7912-437: The total amount to be distributed W R is first divided into k equal shares. If m is one of the k winners, those who bet on outcome m will receive a payout of ( W R / k ) / W m for every dollar they bet on it. The parimutuel system was invented by French- Catalan entrepreneur and showman impresario Joseph Oller in 1867. The large amount of calculation involved in this system led to

8004-416: The wagering company deducts a commission rate of r from the pool, the amount remaining to be distributed between the successful bettors is W R = W T (1 − r ) . Those who bet on the successful outcome m will receive a payout of W R / W m for every dollar they bet on it. When there are k possible winners, such as a North American "place" bet which has k = 2 winners,

8096-418: Was a Pick 5 style game. The game ran from February 6th, 1980 to July 29th, 1981. It was only drawn on Wednesdays. The player needed to choose 1 number from each letter column (for example: B15 I30 N45 G60 and O75). The drawing used one machine with 5 bingo cages(the first cage loaded with the B numbers, the second with the I numbers, and so on). Players had to match all five bingo numbers in the exact order to win

8188-463: Was called "Win Now" which was an instant match game similar to the Fast Play games by matching the cards to a poker hand. Cash prizes ranged from $ 2 (for a pair of jacks or better) to $ 5000 (for a royal flush). The second play was called "Win Tonight", where a nightly jackpot drawing similar to the prior version of the game by matching at least two of the five cards drawn via random number generator would win

8280-452: Was changed to a progressive jackpot . On September 14, 2014, Jersey Cash 5 increased its field of numbers from 40 to 43 and became a 5/43 game. Its estimated starting jackpot prize was also increased - from $ 50,000 to $ 75,000. On June 29, 2020, the starting jackpot was increased from $ 75,000 to $ 100,000 and increased its field of numbers from 43 to 45. On October 3, 2016, the "Xtra" feature was added to Jersey Cash 5. This feature gives players

8372-421: Was introduced as a weekly game on July 9, 1977, became a daily game, and has been a twice-daily game since November 2001. Price and play options for pick 4 are the same as the pick 3 game with prizes ranging from $ 25 to $ 25,000 depending on the player’s choice for play type and how much they will pay for the game. The prizes are paid on a fixed basis as of November 14th 2022. Prior to November 14, 2022, players won

8464-543: Was launched giving players higher chances of winning. During each drawing, one of the 20 drawn numbers is randomly selected as the Bullseye number. If a player matches the Bullseye number, bigger prizes are won. Players can add Bullseye to each play for double the amount of the bet per draw. On the same day, the Quick Draw ePlayslip was also launched where players can generate a bet slip by selecting their own numbers and bets through

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