NUMBERS RACKET Meaning and
Definition
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The term "numbers racket" refers to an illegal gambling scheme that involves betting on the outcome of randomly drawn numbers. It originated in urban areas and became popular during the early 20th century. The numbers racket is typically associated with organized crime and street-level bookmakers known as "numbers runners."
In this illicit gambling operation, players select a three-digit number and place their bets with a numbers runner or at an underground gambling establishment. The winning numbers are then determined by various means, such as the daily drawing of a particular lottery or horse racing results. Payouts are made accordingly based on predetermined odds, ranging from a few dollars to substantial winnings depending on the amount wagered.
The numbers racket thrives on secrecy and often involves participation from local communities. It is characterized by its illegal nature, as it bypasses gambling regulations and taxes, while often providing a source of income for criminal organizations. Law enforcement agencies actively combat these illegal operations due to their association with organized crime, corruption, and the potential for money laundering.
Over the years, various crackdowns and legal reforms have led to a significant decline in the prevalence of the numbers racket. However, it remains an important historical element in the evolution of illicit gambling and is often referenced in popular culture as a notable aspect of urban life during certain periods in history.
Common Misspellings for NUMBERS RACKET
- bumbers racket
- mumbers racket
- jumbers racket
- humbers racket
- nymbers racket
- nhmbers racket
- njmbers racket
- nimbers racket
- n8mbers racket
- n7mbers racket
- nunbers racket
- nukbers racket
- nujbers racket
- numvers racket
- numners racket
- numhers racket
- numgers racket
- numbwrs racket
- numbsrs racket
Etymology of NUMBERS RACKET
The term "numbers racket" is related to the illegal gambling practice known as "policy" or "the numbers game", which involves betting on a series of three or four-digit numbers. The etymology of the word "numbers" in this context can be traced back to African American Vernacular English (AAVE).
The game originated in African American communities in New York City in the early 20th century and was primarily popularized during the Prohibition era (1920-1933). It was initially called "policy" or "the numbers", and it involved betting on a daily or weekly drawn number. Players would select a number and place a small wager, hoping to win a substantial cash prize if their number matched the drawn one.
The term "numbers racket" evolved from this practice and became the common name for the illegal gambling activity. The word "racket" refers to an illegal or fraudulent scheme.
Similar spelling words for NUMBERS RACKET
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