|
Thank YouHouston Chronicle & Cindy George All About All or Nothing brought to you by Email - Share Your Thoughts Originally Posted: June 5, 2013 - 3:30 p.m. Did Gary Grief Lead The Commissioners To All or Nothing Sales Suspended 6/3/13
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
The following story ran in the Houston Chronicle on Wednesday, June 5, 2013. Lottery Shuts Down 'All or Nothing' Game"All or Nothing," the newest Texas Lottery game, is kaput. For now, at least. The Texas Lottery Commission "temporarily suspended" sales just before noon on Monday. The game was halted after GTECH, the state's lottery operator, notified the commission of a design flaw. (The "design flaw" is lack of ticket sales vs the guaranteed prize amounts - the only way to fix this is to lower the prize amounts to offset lack of income. We all know the more tickets sold, the more losers you have. When sales fail to support a game, the state loses. Look at Lotto Texas - a perfect example. Also, why would G-Tech need to tell the lottery that the game is not profitable. Can the Finance Division, Ms Pyka, not figure this out? See charts below.) "It was brought to our attention that there is a game design issue with 'All or Nothing' and while there are more than 2 million possible number combinations, some of our players were gravitating to a smaller subset of number combinations and we saw the potential of unusually high prize payouts," commission spokeswoman Kelly Cripe said Tuesday. (Interesting - the playslips offer players the opportunity to play: 1) all odd numbers; 2) all even numbers; 3) numbers 1-12 and finally 4) numbers 13-24. So players saw through this - they knew better - and chose to play 9 to 10 numbers from one of these options then picked other numbers from the other group of numbers.) She denied that the game was stopped because of too many winners or because too much money had been won. (She's not privy to this information - she's reporting what she's told to report even when it may not be true not to mention the fact that she understands little about the games - see the charts below!) "We took this step as a precautionary measure to protect the state from unexpected financial liability," Cripe said. "The game has performed as intended and the prizes awarded to players are what we expected." (Be sure to see charts below ... "Unexpected financial liability" means lack of sales/revenue to cover costs. I'm surprised the TLC took action - it took years of losses to address Lotto Texas and they still haven't dealt with TX 2 Step. And if it's [All or Nothing] doing as expected - why suspend sales? Why do ya'll make comments that don't add up logically?) Despite the game's temporary demise, all prizes on winning tickets will be honored by the lottery. The shutdown is a stunning contradiction of comments last month from Texas Lottery Executive Director Gary Grief who praised "All or Nothing" as the lottery industry's "best draw game innovation in the last several years." (I've heard these "contradictions" (lies) for years and they make me sick. They talk "huge success of games" then turn around and change games because of the failures. Mr Grief overstepped his ethical boundaries and has finally been caught. I suspect strongly, someone made the Texas Lottery shut the game down now rather than to wait for a rule change. BE SURE TO SEE CHART BELOW. I'd like to know why his long standing assistant [Mary Beth] really resigned.) (Excerpts at bottom of page from the Commission Meeting, just scroll down ) The game, which began on Sept. 9, is relatively simple. Players pick 12 numbers from 1 to 24. Each ticket is $2. There are four drawings daily - morning, day, evening and night - Monday through Saturday. The way to win the largest payout - $250,000 - is to hit all dozen numbers or none at all. The hourglass prize scheme offers nothing to those who choose 5, 6, or 7 correct numbers. The smallest reward, $2, is won by choosing 4 or 8 matching numbers. Those with 3 or 9 correct digits win $10. Ten or two correct? Fifty bucks. There's $500 for those who pick just one correct number or 11. Lottery officials are considering limits on the number of tickets that can be bought per drawing for each combination of 12 numbers. "The practice of setting liability limits is common in the lottery industry for games that offer guaranteed prizes," a news release said. (NO, this will be opposed by the People of Texas although if things go like they usually do, the lottery will totally ignore the people of Texas. After all, the Sunset Bill has not been signed yet and is not in effect.) In its first eight months, the game generated sales of $62.5 million and paid $36.7 million - or 59 percent of sales - in prizes. Of the leftover $25.8 million, an estimated $19.7 million - or roughly 32 percent - went to the Foundation School Fund, which supports public education in Texas. (As you can see, this only leaves $6.1 million to pay all costs for the game. Not possible. See charts below for a complete breakdown of the expenses - profit/loss ... Also, do know the division of money is suppose to be ... from 100% of sales .... 50% is suppose to be returned to the players in way of prizes; 38% goes to the School Foundation Fund; 7% goes to the TLC for administrative costs and finally 5% is paid out to retailers for their commissions) Putting "All or Nothing" on ice challenges Grief's recent accolades. According to a transcript of the May 7 commission meeting, he said the game "has proven to be extremely successful" as were its four daily draws. (This is an outright lie - and totally unacceptable. Folks - this is "testimony" - he is under oath -Mr Grief is speaking to his bosses. What happens to most people when they lie or mislead their bosses? ONE more time, see charts below) The sales and revenue for that game have exceeded our wildest expectations," he said. "We have already matched the full year sales projection." (The language in the proposed then adopted rule was not clear with regards to profits - there is a distinct difference between "sales figures" and the "bottom line" which is something that is NEVER discussed. See charts below to determine if this statement is true or false - you will see that it too, is a false statement).
Longtime Texas Lottery watchdog Dawn Nettles of Garland said she believes "All or Nothing" was pulled because of sluggish sales." "This is a bad game," she said. "They haven't lost money, per se, but their bottom line on this game is not what it should be." Nettles, who publishes The Lotto Report online newsletter, agreed that "All of Nothing" was poorly designed. "There are really not enough numbers in the game," she said. "The school fund should see 38 percent. By offering all these guaranteed prizes, the state is losing." End Houston Chronicle story ....
OR Figure it this way ...
What you see in these charts is - clearly - the schools were cheated
And to think, they need G-Tech to tell them about this "flaw"??? With regard to going to 4 draws per day on Pick3 and Daily 4, right Lastly, you should all know that during next weeks Commission Meeting,
Inserted the following excerpts
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
