The name 'policy' is based on the similarity to cheap insurance, which is also a gamble on the future. Runners carry the money and betting slips between the betting parlors and the headquarters, called a numbers bank.Ĭlosely related is policy, known as the policy racket, or the policy game.

Gamblers place bets with a bookmaker ('bookie') at a tavern, bar, barber shop, social club, or any other semi-private place that acts as an illegal betting parlor.

For many years the 'number' has been the last three digits of 'the handle', the amount race track bettors placed on race day at a major racetrack, published in racing journals and major newspapers in New York.

The numbers game, also known as the numbers racket, the Italian lottery, or the daily number, is a form of illegal gambling or illegal lottery played mostly in poor and working class neighborhoods in the United States, wherein a bettor attempts to pick three digits to match those that will be randomly drawn the following day. 'Cut number' redirects here 'cut number' also refers to the codes used to identify pasta varieties.

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