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numbers pool

noun
1.
Also called numbers, numbers game, numbers racket. an illegal daily lottery in which money is wagered on the appearance of certain numbers in some statistical listing or tabulation published in a daily newspaper, racing form, etc.
2.
policy2 (def 2).
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for numbers game

numbers game

noun
1.
(US) an illegal lottery in which money is wagered on a certain combination of digits appearing at the beginning of a series of numbers published in a newspaper, as in share prices or sports results Often shortened to numbers
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Encyclopedia Article for numbers game

the most widespread lottery game in the United States before lottery games were legalized in many states, though illegal wherever it is played. Patrons of the numbers game are drawn chiefly from the low-income classes. The player bets a trivial sum, usually amounting to less than one dollar. He selects his own number, any three-digit number from 000 to 999. The winning number is taken each day from a source that the promoters of the game cannot control-e.g., bank financial balances or pari-mutuel totals at racetracks. The odds against winning are 999 to 1; as the game is usually played, the person who selects the winning number is paid 540 to 1, and the runner who accepted his bet receives 60 units; thus the gross average profit of the promoters is nearly 40 percent of the amounts wagered. The inducement to the bettor is that a 10-cent risk may yield $54.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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Word Value for numbers

11
15
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