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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Ontario extended its online gambling deadline - 02/06/2012 : It could be awhile yet before Canada's most populous province, Ontario, joins sisters British Columbia and Quebec in offering online gambling to its residents.

ESTIMATED WORTH OF SPANISH ONLINE GAMBLING MARKET? - 02/06/2012 : Jdigital, the newly launched Spanish Association of Digital Play has estimated that the Spanish online gambling market based on gross gaming revenue in 2011 has increased by 20 percent exceeding Euro 370 Million.

Conister Bank launches the IOM's first e-gaming banking product - 02/06/2012 : The Isle of Man-based Conister Bank has announced the launch of the Island’s first ever e-gaming dedicated banking product, created specifically for the Island’s e-gaming operators, with the approval of the local Gambling and Supervision Commission

Betfair has announced No More South African Gamblers - 02/06/2012 : International online gambling group Betfair has announced that it is to bow to court decisions in South Africa declaring online gambling illegal by cutting off South African online punters from February 14.

Dr. Love slot released to the Apple Store - 02/06/2012 : In an innovative move, NextGen Gaming, which recently merged with the NYX group, has released its popular Dr. Love slot to the Apple Store for mobile players to access direct.