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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.

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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:
Pick 0 1 2 3 4 5 6 7 8 9

1 75.0 25.0                
2 56.0 38.0 6.0              
3 41.6 43.1 13.9 1.4            
4 30.8 43.3 21.3 4.3 0.3          
5 22.7 40.6 27.0 8.4 1.2 0.1        
6 16.7 36.3 30.8 13.0 2.9 0.3 0.1      
7 12.1 31.5 32.7 21.5 8.2 1.8 0.2 0.1 0.1  
8 8.8 26.6 32.8 21.5 8.2 1.8 0.2 0.1 0.1  
9 6.4 22.1 31.6 24.6 11.4 3.3 0.6 0.1 0.1 0.1

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 :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - 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.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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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