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Keno
Overview:
Keno falls into that unwritten rule of casino games, if understanding it is easy, the odds of winning are more in the casino’s favor.  Keno can be played throughout the casino, restaurant area and even in some hotel rooms.  Similar to a lottery ticket, you select number(s) ranging from 1-80.  Keno betting can be as simple as selecting one number or complex multiple numbers and combination of numbers selected.  Each game numbers are drawn, similar to bingo, in the case of Keno only 20 numbers are drawn each game.  The player can bet on 1-15 numbers with an occasional 16 and 20 number tickets available at some casinos.

Synopsis:
In most major casinos, they play Keno around the clock, on the average they play a new game every 9 minutes.  Each casino will supply a payoff schedule for the various payoffs per number(s) selected.  Beware!  All casinos do not pay the same payoffs.   Payoffs can range as much as 400% difference.

The attraction of Keno has two parts.   Learning it is easy and the payoffs are usually great.  Please remember that the odds of winning a big payoff are as remote as expecting to win the lottery.   Betting costs are small, usually bets of seventy cents to one dollar are the norms.   Under certain casino rules, a player can bet as little as one cent per way.  A “way” is the term used to clarify what you have bet using combinations of numbers selected.

For example, a player may select three numbers, let us use 6, 17, 44.  This could be a bet on all three numbers that would be one “way” or three single bets on each number or three bets on two numbers at a time.  Therefore, seven different “ways” are possible to bet three numbers if you elect to bet every combination.  Not only are the odds of winning not in your favor, making sure what casino pays the most money per each winning bet is vitally important. 

An example of Keno variances is if you had selected eight numbers and all eight numbers were selected from the twenty numbers drawn, the payoff in Las Vegas could range from $25,000 to $100,000.00 depending on what casino you were gambling within.

Payoffs in Keno are determined by numbers matching the 20 numbers drawn. It does not matter in what order your selected numbers were drawn.  If a player bet only one number, 39.  If the number 39 was the first number drawn or the last of the twenty numbers drawn, the payoff would be the same.  The Keno odds chart below shows the mathematical odds of winning at Keno when selecting 1 to 15 numbers.  Payoffs are calculated on the average major Las Vegas casino.

Another word to the wise, in the history of Keno in Nevada casinos, no one has ever hit a 12-number ticket or higher for a $1 bet.

Bet  1  Number

#'s Matched
0
1

Payoff
0
3

Probability %
0.75
0.25

Return %
0.00
0.75

Bet  2  Numbers

#'s Matched
0
1
2

 

Payoff
0
0
12

 

Probability %
0.5601265822785
0.3797468354430
0.0601265822785

1.00

Return %
0.00
0.00
0.7215190

0.7215190

Bet  3  Numbers

#'s Matched
0
1
2
3

 

Payoff
0
0
1
43

 

Probability %
0.4165043816943
0.4308666017527
0.1387536514119
0.0138753651411

1.0000000000000

Return %
0.0000000
0.0000000
0.1387537
0.5966407

0.7353944

Bet  4  Numbers

#'s Matched
0
1
2
3
4

 

Payoff
0
0
1
3
130

 

Probability %
0.3083214254100
0.4327318251369
0.2126354658000
0.0432478913492
0.0030633923039

1.0000000000000

Return %
0.0000000
0.0000000
0.2126355
0.1298436
0.3982410

0.7406201

Bet  5  Numbers

#'s Matched
0
1
2
3
4
5

 

Payoff
0
0
0
1
10
800

 

Probability %
0.2271842081969
0.4056860860658
0.2704573907106
0.0839350522895
0.0120923380416
0.0006449246956

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0839351
0.1209234
0.5159397

0.7207982

Bet  6  Numbers

#'s Matched
0
1
2
3
4
5
6

 

Payoff
0
0
0
1
4
95
1500

 

Probability %
0.1666017526777
0.3634947331150
0.3083214254100
0.1298195475411
0.0285379177784
0.0030956385387
0.0001289849391

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.1298195
0.1141517
0.2940857
0.1934774

0.7315343

Bet  7  Numbers

#'s Matched
0
1
2
3
4
5
6
7

 

Payoff
0
0
0
0
1
25
350
8000

 

Probability %
0.1215742519540
0.3151925050659
0.3266540507047
0.1749932414489
0.0521909667479
0.0086385048410
0.0007320766814
0.0000244025560

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0521911
0.2159626
0.2562268
0.1952204

0.7196009

Bet  8  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8

Payoff
0
0
0
0
0
9
90
1500
25000

 

Probability %
0.0882662377200
0.2664641138718
0.3281456217123
0.2147862251209
0.0815037014968
0.0183025855993
0.0023667136551
0.0001604551631
0.0000043456607

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.1647234
0.2130042
0.2406827
0.1086415

0.7270518

Bet  9  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8
9

 

Payoff
0
0
0
0
0
4
50
280
4000
50000

 

Probability %
0.0637478383534
0.2206655943001
0.3164261352227
0.2461092162842
0.1141051820955
0.0326014805987
0.0057195579998
0.0005916784138
0.0000325924550
0.0000007242768

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.1304059
0.2859779
0.1656700
0.1303698
0.0362138

0.7486374

Bet  10  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8
9
10

 

Payoff
0
0
0
0
0
1
22
150
1000
5000
100000

 

Probability %
0.0457907007890
0.1795713756432
0.2952567811058
0.2674023677939
0.1473188970716
0.0514276877050
0.0114793945770
0.0016111430985
0.0001354193553
0.0000061206488
0.0000001122119

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0514277
0.2525467
0.2416715
0.1354193
0.0306032
0.0112212

0.7228896

Bet  11  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8
9
10
11

 

Payoff
0
0
0
0
0
0
8
80
400
2500
25000
100000

 

Probability %
0.0327076434207
0.1439136310512
0.2680744107817
0.2783849650426
0.1785865813480
0.0740803596703
0.0202037344555
0.0036078097242
0.0004114168984
0.0000283735792
0.0000010579979
0.0000000160303

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.1616299
0.2886248
0.1645668
0.0709339
0.0264499
0.0016030

0.7138083

Bet  12  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8
9
10
11
12

 

Payoff
0
0
0
0
0
0
5
32
200
1000
5000
25000
100000

 

Probability %
0.0232271670669
0.1137657162460
0.2377703469542
0.2797298199461
0.2057628002488
0.0993873148372
0.0322088520306
0.0070273858976
0.0010195984003
0.0000954010199
0.0000054279891
0.0000001672724
0.0000000020909

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.1610443
0.2248764
0.2039197
0.0954010
0.0271399
0.0041818
0.0002091

0.7167722

Bet  13  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8
9
10
11
12
13

 

Payoff
0
0
0
0
0
0
1
20
80
600
3500
10000
50000
100000

 

Probability %
0.0163956473413
0.0888097564323
0.2066186170057
0.2727365744475
0.2272804787062
0.1258784189758
0.0475012901795
0.0123151493058
0.0021831401042
0.0002598976315
0.0000200622733
0.0000009433671
0.0000000239839
0.0000000002460

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0475013
0.2463030
0.1746512
0.1559386
0.0702180
0.0094337
0.0011992
0.0000246

0.7052696

Bet  14  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14

 

Payoff
0
0
0
0
0
0
1
9
42
310
1100
8000
25000
50000
100000

 

Probability %
0.0115014242544
0.0685191232175
0.1762939941118
0.2590442362459
0.2422063608899
0.1519726185976
0.0657573830470
0.0198512854482
0.0041816365180
0.0006082380390
0.0000597376645
0.0000038110153
0.0000001478411
0.0000000030840
0.0000000000257

1.0000000000000

Return %
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0657574
0.1786616
0.1756287
0.1885538
0.0657114
0.0304881
0.0036960
0.0001542
0.0000026

0.7086539

Bet  15  Numbers

#'s Matched
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

 

Payoff
0
0
0
0
0
0
0
10
25
100
300
2800
25000
50000
100000
100000

 

Probability %
0.0080161441773
0.0522792011562
0.1479390160379
0.2404009010615
0.2502131827375
0.1761500806472
0.0863480787486
0.0298897195668
0.0073314406485
0.0012671625812
0.0001520595097
0.0000123424927
0.0000006496049
0.0000000206771
0.0000000003505
0.0000000000023

1.0000000000000

Return %
0.0080161
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.2988972
0.1832860
0.1267163
0.0456179
0.0345590
0.0162401
0.0010339
0.0000350
0.0000002

0.7029003

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