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Gambling: Keno Odds
Some casino table games require that you know a bit of skill about the game to improve your odds of winning. But some games have no known strategy involved at all, and the players rely completely on luck to make them a winner. Many gamers prefer to play games with no strategy because they want to be able to enjoy their gaming experience and not have to concentrate too hard as they play their favorite game.
One of these types of games is Keno. It’s basically a small lottery where the player chooses some numbers and then a random draw is done that selects 20 out of a possible 80 numbers. If enough of your numbers match the ones drawn by the game, you’re a winner. In regular casinos the game can take a while to play as all the players make their choices before the game makes its picks. In the online video Keno games the rate of play is much faster, and your odds of winning are usually a little better.
The following graph illustrates the probabilities for Keno matches. It shows the odds, in percentage, for numbers that you chose matching up with a random collection:
This game is not unlike a slot game where you’re hoping to hit a big payday from having a lot of your numbers matching up in one game. If you can match 6 of 11 marks the payout will be six times your bet. A big hit like 11 matches from 15 picks will pay you 300 times your bet in one game. Hitting 14 of 14 picks would be a longshot for sure; the odds of it occurring would be one in 389 million.
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Gambling News :
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The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
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2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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