Dictionary
Thesaurus
Encyclopedia
Translator
Web

numbers game

 - 3 dictionary results

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. policy 2 (def. 2).
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To numbers game
numbers game  
n.  A lottery in which bets are made on an unpredictable number, such as a daily stock quotation.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Encyclopedia

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.

Learn more about numbers game with a free trial on Britannica.com.

Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
Cite This Source
Search another word or see numbers game on Thesaurus | Reference
FacebookTwitterFollow us: