j329j66 - State Library Information Center - The New Jersey State ...

j329j66 - State Library Information Center - The New Jersey State ... j329j66 - State Library Information Center - The New Jersey State ...

slic.njstatelib.org
from slic.njstatelib.org More from this publisher
29.03.2013 Views

You are Viewing an Archived Copy from the New Jersey State Library ... 39 ... The first factor considered was that the frequency with which a numbers "hit" might cause a fluctuation in the percentage of losses. There were only 313 playing days in a year, so with 1000 nurriliers to play, it took over three years for all possible numbers to appear. An analysis of numbers that actually hit in the period from January 1, 1935 to March 29, 1938 revealed that out of the 1000 numbers, 355 had not hit even once, while some numbers, had hit tVvice and three times and one (412) had appeared five times during tho period. In view of this finding, the agents felt that the law of frequency did not necessarily apply within the period of one taxable year. Another factor considered was that due to the peculiar playing habits of the pUblic, there might not be an even distribution of play within a given period as called for by the law of averages. The very fact that the bankers had reduced the odds on certain numbers to 300 to 1 indicated that those nwnbers were played more heavily than the others. The investigation showed that the colored bettors were very superstitious and played on "hunches ll and "dreams l '. Dream books, which purport to interpret dreams in terms of numbers, have a wide sale on the north side of Atlantic City. Any number called to the attention of the players attracts a heavy play. For example, the revenue office was in Room 222 in the Post Office Building. During the investigation when the writers were being SUbpoenaed to that office, the number 222 was a favorite number. Since Johnsonts conViction, the agents have received numerous inquiries as to what prison number he received at the Lewisburg Penitentiary - tho bettors want to play that number or the various three digit comblnations of it. Another factor considered was the situation that the betting public has a habit of not playing numbers that have recently hit, although those digits frequently repoat within a one-year period; and lastly, consideration was given to the fact that in spite of the lower odds on the 300 to 1 nQmbers, the players might still continue to favor those numbers to the possible extent tllat more of the bets were beinp, paid off at 300 to 1 than at 500 to 1, vnlich of course-would mean the backers could be paying '. closer to 30% on trhits ll than to the 50% which they claimed. Agent Snyder analyzed thousands of slips, prepared charts, I and graphs and studied every phase of the game with a view to finding some explanation for the 11% deviation in the , hit percentage • -.

You are Viewing an Archived Copy from the <strong>New</strong> <strong>Jersey</strong> <strong>State</strong> <strong>Library</strong><br />

... 39 ...<br />

<strong>The</strong> first factor considered was that the frequency<br />

with which a numbers "hit" might cause a fluctuation in<br />

the percentage of losses. <strong>The</strong>re were only 313 playing<br />

days in a year, so with 1000 nurriliers to play, it took<br />

over three years for all possible numbers to appear.<br />

An analysis of numbers that actually hit in the period<br />

from January 1, 1935 to March 29, 1938 revealed that out<br />

of the 1000 numbers, 355 had not hit even once, while<br />

some numbers, had hit tVvice and three times and one (412)<br />

had appeared five times during tho period. In view of<br />

this finding, the agents felt that the law of frequency<br />

did not necessarily apply within the period of one taxable<br />

year.<br />

Another factor considered was that due to the peculiar<br />

playing habits of the pUblic, there might not be<br />

an even distribution of play within a given period as<br />

called for by the law of averages. <strong>The</strong> very fact that<br />

the bankers had reduced the odds on certain numbers to<br />

300 to 1 indicated that those nwnbers were played more<br />

heavily than the others. <strong>The</strong> investigation showed that<br />

the colored bettors were very superstitious and played<br />

on "hunches ll and "dreams l '. Dream books, which purport<br />

to interpret dreams in terms of numbers, have a wide<br />

sale on the north side of Atlantic City. Any number<br />

called to the attention of the players attracts a heavy<br />

play. For example, the revenue office was in Room 222<br />

in the Post Office Building. During the investigation<br />

when the writers were being SUbpoenaed to that office,<br />

the number 222 was a favorite number. Since Johnsonts<br />

conViction, the agents have received numerous inquiries<br />

as to what prison number he received at the Lewisburg<br />

Penitentiary - tho bettors want to play that number or<br />

the various three digit comblnations of it.<br />

Another factor considered was the situation that<br />

the betting public has a habit of not playing numbers<br />

that have recently hit, although those digits frequently<br />

repoat within a one-year period; and lastly, consideration<br />

was given to the fact that in spite of the lower odds on<br />

the 300 to 1 nQmbers, the players might still continue to<br />

favor those numbers to the possible extent tllat more of<br />

the bets were beinp, paid off at 300 to 1 than at 500 to<br />

1, vnlich of course-would mean the backers could be paying '.<br />

closer to 30% on trhits ll than to the 50% which they claimed.<br />

Agent Snyder analyzed thousands of slips, prepared charts, I<br />

and graphs and studied every phase of the game with a view<br />

to finding some explanation for the 11% deviation in the ,<br />

hit percentage •<br />

-.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!