Connecticut KENO is known for offering multiple ways and prizes to win. The payouts of the game feature winning amounts from $1 to $100,000 for matching some, all, or none of the numbers drawn by the computer terminal. The game gives you the option of selecting a wager from $1, $2, $3, $4, $5, $10, or $20 to bet on your favorite numbers. Keno Advance Play. Tickets for Keno may be purchased up to 20 draws in advance. How to Claim a Keno Lottery Prize. Take your winning ticket to a PA Lottery Games retailer to validate. The retailer may pay valid lottery prizes up to and including $2,500 per ticket. If the Lottery payout is over $600, you must complete a claim form. In a live casino keno game, where lots of players are gambling on the same draw, the most the house can pay out for any one draw is generally $50,000. If there are too many winners they will each get a proportionate share of this sum. Find out which online casinos have the best payout schedules Find out about keno gambling options on the net. Massachusetts Lottery's official game catalog. Keno Prizes And Odds For BC » Ohio Keno Payout Chart To collect your winnings, take your computer-generated keno ticket back to the keno station and the keno writer will pay you your winnings.
- Keno Pay Chart
- What Is The Payout For Keno
- Keno Payout Odds
- Ct Keno Payout
- How To Calculate Keno Payout
- Keno Payout Chart
- Ohio Keno Payout Odds
Keno can be very versatile in terms of pay table and house edge. Also, it depends largely on the maximum number of spots that players can choose and attempt to 'hit' or 'catch'. It is typically limited to 10, 12 or 15 numbers (spots), but it can also be 20 numbers right away. One thing is always the same, there are 20 winning numbers drawn out of the total 80. Let us put the most typical 10-Spot Keno variation under the microscope and follow some concrete calculations.
This web page is a follow-up to the general Keno rules. Of course you can find there some interesting calculations as well. This time we pick up the most typical Keno variation with 10 spots. Thus the top prize is paid out if a player manages to guess 10 numbers out of the 20 numbers drawn.
Having chosen a Ten Spot Keno game, we can now calculate all the true odds and probabilities that are valid for this type of game. We will also use some model or possible pay table, which is the last element to enable us calculate the house edge (based on this model pay table). As the pay tables vary from casino to casino, so does the house edge.
A Model Paytable
Let us start with the pay table. Table 1 shows the payout ratios (the multiples) for all combinations of spots and successful hits. If you e.g. tried to catch 10 numbers and succeeded to hit them all, you would receive $200,000 for a $1 ticket. If you were less successful and hit 'only' 9 of 10, the win would be $10,000 and so on. You can see that if you attempted to hit 10 to 6 numbers and hit no number, your bet would be returned.
The color key is simple. The payouts in green are winning, those in bright red are losing. The same logic is used for the remaining tables related to probability, odds and house edge as well.
Table 1 – A model 10-spot Keno pay table
Note: The model pay table was actually borrowed from the Czech lottery game Šťastných 10 (meaning 'Lucky 10' in English), which is virtually a ten spot Keno game that fits perfectly for our needs. The calculations of odds and probabilities below are 100% valid for any ten spot Keno game. The model pay table will also be used demonstrate the calculation of the house edge (see Table 4, but let us not skip over).
Ten Spot Keno Probabilities & Odds
The probabilities for all combinations of spots and hits are shown at the Table 2. It is a very valuable source of information. First of all, as always, the total of probabilities in a column must equal one (or 100% if you like). Then you can see, which outcomes are the most probable. For instance if you chose to catch 10 numbers, the most probable outcome would be hitting 2 numbers out of 10 (0.2953 or 29.53% to be exact).
You can also sum up the green values in a column to arrive at a winning (or actually 'not losing' probability, because if you manage to catch zero numbers your bet will only be returned), in case of the 10-spot ticket it is 0.1105 or 11.05%. Now you can sum up the red values or deduct the winning probability from 1 or 100% and you get the probability to lose 0.8895 or 88.95%.
Table 2 – Ten spot Keno probabilities
For an exhibit we can calculate the probability of the least probable outcome, that is to catch all 10 numbers out of 10 (please note that for space purposes there are only 7 digits displayed in the Table 2). We already know that probability can be defined as the number of positive possibilities (the nominator) divided the total number of possibilities (the denominator).
It is easier to determine all possibilities (combinations) – they are the same for all-spot Keno games. We may use the Excel function =COMBIN(80,20) and get the result of 3,535,316,142,212,180,000 combinations (the denominator). To calculate the number of all winning possibilities is a bit harder as we have to catch 10 numbers out of 10, but there are 20 winning numbers drawn out of 80. Thus, with the use of Excel, the nominator is the following: =COMBIN(10,10)*COMBIN(80-10,20-10) = 396,704,524,216.
Now we can put it together and calculate the probability to get the top prize in ten spot Keno. That is so close to zero that it is almost impossible:
396,704,524,216 ÷ 3,535,316,142,212,180,000 = 0.000000112211895134156 or 0.0000112211895134156%.
You may think that the standalone probabilities in the Table 2 are not enough to decide whether they are that good or that bad. And you would be right. They need to be matched with the payouts. That is the only fair way to assess it and that is actually how the house edge is being calculated. But let us not jump forward.
First we can have a look at Table 3, the odds. They are just another and perhaps better-arranged presentation of the probabilities (the relation is: Odds = One divided Probability).
Table 3 – Ten spot Keno odds or the probability in the format '1 in ...'
10-Spot Keno House Edge
The calculation of house edge in ten spot Keno is simpler as it seems. We will determine it based on the concept of expected value. We will take the net payouts from the Table 4 and the probabilities from the Table 2. The procedure to arrive at the expected outcome is as follows: the net payouts are simply multiplied (weighted) by the probabilities and added up.
Table 4 – Ten spot Keno net payouts (considering the $1 invested in the game)
Let us take e.g. a ten spot column as an example and suppose we bet a dollar. We may win $199,999 netto with the probability 0.000000112211895134156, so the partial expected outcome is 199,999 × 0.000000112211895134156 = approx. 0.0224 (see the coordinates 10×10 in the Table 5). Now we slide a row down, that is to hitting 9 out of 10 and the net win $9,999 with the probability 0.0000061 and the next partial expected outcome is approx. 0.0612 (due to rounding) and so on. Then we add up all partial results and get the value –0.5016 or –50.16%. That is quite high compared to Craps for instance (<2%).
Table 5 – Ten spot Keno house edge
The expected outcome for a player is negative. It is no surprise as it is the essence of all gambling and lottery games. House gets what a player loses—that is where the house edge comes from. Thus if you played 10 spot Keno with this pay table (Table 1), then, in the long run, you would likely lose about 50 cents per each dollar wagered in the game.
It is needed to highlight, however, that the expected value is related to the long-term period and that it does not mean that you could not be lucky enough to win the top prize with your first Keno ticket. It is just a lottery. You mostly lose, but if you win it is usually worth it.
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Keno is the best luck game to play as you can sit and figure out the number of picks and call the shot. Although it is not a major game in the casino, it does give a great chance to win. If you enjoy playing the lottery, then you will enjoy playing keno. Not only keno offers better odds and jackpots, but the game also lets you calculate your odds with an online calculator that will ease your effort.
Plus, keno is a fun game. You don’t have to be stressed when you can control your money and your pick. What more can you ask of a betting game?
Formula to Play Keno
If you are in Canada and playing Ontario daily keno by OLG, then you must be familiar with the frequent winning numbers or the past winning numbers that the site always displays. They don’t just get there by chance but they do have a probability.
Keno is a game of chance or luck where you can change the odds if you are a pro player. If you are average, nothing that you will not give guarantees of winning at keno. What you can do is to play in a way that will maintain low losses and gains at a high level.
You can try the following formula when you play on keno (it will increase your chances to obtain better wins): Choose N numbers (e.g. N = 6). Combine many k (e.g. n = 3). Your C (N, k) = N numbers taken of many combinations of k (e.g. C (6.3) = 6.
Keno Odds Chart
A keno odds chart will reveal info about all potential outcomes, related to the number of positions (numbers) you’ve played. Here it is a sequential scheme of odds on winning numbers: 1 number = 3.30, 2 numbers = 12, 3 numbers = 42, 4 numbers = 155, 5 numbers = 710; 6 numbers = 3050; 7 numbers = 11100 or 8 numbers = 46000.
Keno actual odds are near 85%-90%, as this game is a random game of luck. Using the formula written above, you will be able to increase your odds. Keep in mind that you will have so many chances to hit “20 out of 20 numbers”, so make your strategy basing on winning money and have fun when playing keno, not winning the big number.
Use Online Keno Calculators
For newbie’s, it is important to calculate your keno odds online to see which works and which doesn’t. For more detailed information for various odds possibilities, you should check online keno calculators. There are various free and paid calculators for keno that you can find online.
What does the calculator do?
Everyone needs to know the chance of winning a game especially when the game requires you to pay some money to play. But because of its simple rules of numbers to play; numbers to bet; and how much to bet– keno is one of the favorite lottery tools to win some easy money.
Upon playing keno, it is possible to bet a dollar and walk out with hundreds more. And because the result is ubiquitous, the numbers are random and one of 80 numbers might be picked at any time.
The smart device, just like a conventional calculator does, will spit out the percentage of payback and what odds to expect on your daily keno bet. The calculator can determine the likely payout you will get in return for your pick.
How to calculate your odds on Keno
To calculate the odds of keno, a player must know a bit of math and understand the probabilities, rules of the game, and a chance to win. The odds are the chances of correctly picking the right numbers, which are not the same as the payoffs as in online casinos. You will find the payoffs will be less than the actual chance of winning. That’s the edge the house always holds over the player. If you are playing a “live” game or a game machine, it works the same.
So among the 80 numbers, 20 is selected. You will choose between 1 and 15 numbers before the calculation is over. Depending on how many numbers you choose and how many you correctly pick out of the ones selected will determine if you get paid and how much.
Formula to calculate the odds of correctly picking numbers
If you mark N spots, the probability of hitting exactly K of them is given by the formula: p(N,K) = ——- C(80,20). If you pick one number out of 80. There will be 20 numbers drawn. So, 20 out of 80 is 25 percent. You have a 25 percent chance that your number will be picked.
When you start figuring combinations of numbers to select, the number of combinations from 80 numbers is so large most calculators cannot figure them. Some calculators and spreadsheets have a function for calculating these types of numbers. Both Lotus 1-2-3 and Excel name this function COMBIN(n,r). The “n” stands for the total numbers possible and the “r” is the number that you select from the total numbers. The function figures out the total number of combinations possible.
When figuring two numbers, the player must draw 2 out of the 20 drawn numbers to win. You figure out the total combinations—combin(80,2) = 3160—and then figure out how many winning combinations there are—combin(20,2) = 190. You then divide the numbers, 190/3160. The probability of winning is 6.01 percent. As you go up with the number of combinations, you increase the numbers to find out your odds.
The formula of keno odds
As mentioned above, keno has a complex mathematical formula that only the experts would understand. If you wish to figure it out on your own, the best thing to do is to be meticulous, diligent, and careful with the numbers you calculate.
You can always calculate manually with several formulas that might be very complex to use and takes time. The proper Math formula for the game is called hypergeometric distribution, which you can calculate manually. It will only give you a hard time. That’s why many online keno calculators help you with the counting and some are valid.
Thus, if you are a newbie and want to get a quick clue on your odds of winning keno, you should use keno calculators. With the device, you can easily figure out the odds of winning and it is easy to find online.
These few online calculators can help shortcut figuring out the odds. An odd keno calculator is a gambling tool used for identifying a person’s odds of winning keno. The use of the calculator is just like a conventional calculator. Input how many picks you play; enter the data on the paytable, and calculate them. This online calculator will determine the return of any given keno paytable. There are various keno odds calculators you can find online.
Where should you apply the online keno calculator?
Keno Pay Chart
You can apply at almost any keno game online. The calculator, whichever it is, can calculate the odds of winning for you in a very quick time as soon as you press the ‘calculate’ button. Hundreds of people play daily keno every day. It is proof that the game is popular a round the world. You might want to practice your keno instinct in one of the best daily keno online and practice the use of keno calculator to find the odds percentage.
One of the best daily keno
Ontario Lottery and Gaming Corporation in Canada is one of the operational agencies in the lottery is a Canadian based company. Ontario daily keno by OLG lets you enjoy playing online with some dollars to bet. The winning amount is greater than blackjack. You can simply match the numbers and walk out with hundreds or more.
Ontario daily keno by OLG lets you control what you want to play, thus you don’t need to be afraid that you will lose your grip and throw all the money left in your pocket. Each category will have 1 winner. Thus, if you decide to give 2 picks, you will compete with those with the same amount of pick. The best thing about daily keno by OLG is the unclaimed prizes are used for the benefit of the people in Ontario.
Keno games have the biggest house edge
Experts believe that the keno games have one of the biggest house edges compared to all the other games that are available online. To catch one number, the real odds are 25 percent or 4 to 1. For the odds to be perfect, the house should pay $4 for every $1 bet. But in reality, the house pays $3 for $1 bet. That 25 percent difference is the “edge” the house possesses. Once you figure out the odds of actually winning keno and the payoffs the casino gives, you will realize that the house does not pay what the actual odds are.
Playing Keno at online casinos
In land casinos, keno odds are varying all the time: either go low or rise. That’s why players choose to play keno online, where odds are bigger, up to 95-98%. It is very important to know the rules of the game. Some casinos will allow you to collect the money earned for five minutes after you’ve won. If you’re in the casino, you should take the money as soon as you win the game of keno. Even if only a few dollars, it is important to collect before time runs out. Otherwise, the casino may not honor your winnings. Losing a few dollars will not seem a big deal if you win a lot, but most are small gains keno winnings.
Playing keno online is going to come down to the odds that you have to win. Better not to place bets on more than 8 numbers, as the odds of winning when you are betting on more than 8 numbers are going to drop.
1. Casino.com
This casino has presence at 189 countries with 1.5 million players that enjoy the best of casino games here. Powered by Playtech, this allows players to enjoy some games that have massive jackpots.
What Is The Payout For Keno
Bonuses and Promotions
You get 100% extra up to $400, plus 200 free spins on the epic Age of the Gods slot games! Casino.com offers a variety of promotions also all year. You get a chance to win the $4,321 cash prize that is offered. It also runs a five-level VIP program for its loyal players. You will always find something that is being offered.
Games and Software
You can play over 600 casino games by Playtech. You will find plenty of slots games, table games, card games, keno, video poker, slots, live dealer games, progressive jackpot games, and scratch cards.
It also offers some of the classic slots, video slots, progressive slots, multi-spin slots, and the immensely popular Marvel slots games. Some of the popular games you can play here are Gladiator, Beach Life, or Pink Panther. The most popular table games are Blackjack variations and Roulette variations. Craps, Pai Gow Poker, and other slightly less popular table games are also available.
Keno Games to play at Casino.com
It offers only one single game of Standard Keno. This game you can find at their arcade game section. You can play the games with your cell phone be it Android or iPhone or instant flash version straight away from the online casino or with the downloaded software that is your choice.
2. Jackpot City Canada
Keno Payout Odds
Jackpot City has been a popular online casino experience since 1998. It is one of the oldest online casinos offering a great combination of games, signup bonuses, loyalty promotions, and customer support. Backed by Microgaming software, Jackpot City allows players to enjoy the most popular games that are available today. Jackpot City is fully licensed to operate as an online casino by the government of Malta.
Bonuses and Promotions
This casino offers some decent signup bonuses. As a new player, you get your C$1600 free. You get 100% back on your first 4 deposits. It also offers other prize packed bonuses, monthly bonuses, loyalty, and VIP rewards.
Games and Software
You can play as many as 600 casino games at Jackpot City. It has 450 slot games with a wide variety of themes. You can enjoy legendary games like Thunderstuck and Thunderstruck II are to be enjoyed with big progressive jackpot slots like Break da Bank Again Mega Moolah, Major Millions, and Tunzamunni online progressive.
You can play many table games too where you will find a huge range of Blackjack games with so many variations. Their average payout is 98.86%. That means that people are winning at Jackpot City. You can also play Craps, Baccarat, and live dealer table games. Also, play video pokers like Jacks or Better, Tens or Better, Deuces Wild besides other specialty games like Keno, Bingo and Scratch card games.
You can play keno, video poker, scratch cards, or any of the other games for free as well as with real funds. You will find two keno games. One is a classic lottery-type game and the other is Monkey Keno which you will love to play.
3. Spin Casino
This casino provides wonderful Keno games to play online for you. Keno is one of the most popular and favorite for Canucks to play in almost all of the Canadian states. You can play Daily Keno Ontario or Keno Atlantic, almost all the lottery retailers offer the keno games in Canadian cities and provinces.
Games to play at Spin Casino
The games are powered by Microgaming and offer over 600 slots and casino games to play instantly. You can play live casino games against live dealers be it your favorite Blackjack, Roulette, Baccarat, or any other simple table game or Dream Catcher all displayed by Evolution gaming.
There are many other sports that you can enjoy. It includes Soccer, Basketball, Ice Hockey, Tennis, baseball, eSports, Volleyball, Virtual sports, Handball, Golf, Super spin, Rugby Union, Cricket, Table Tennis, or any of your choice of game.
Spin Casino Keno Games
You can play keno games also at Spin Casino. Right now you can play two awesome keno games powered by Microgaming. One is Keno Standard game and the other is Monkey Keno video game to play. Now deposit at the casino with so many deposit options available to Canadians to play real money slots and Keno games. You will get instantly welcome bonuses and other offers when you select the choice of your game to play online.
Bonuses and Promotions
As a new player, you will get a welcome bonus of CA$1000 all free. Here is the break up of the bonus:
- You get 100% Match Bonus of up to CA$400 on your first deposit
- On your second and third deposit, you get 100% Match Bonuses up to CA$300
- You can enjoy sports with a $200 free bet. There is also a bonus wheel which you spin daily to get match bonus offers all free.
Ct Keno Payout
Playing online keno has better odds
How To Calculate Keno Payout
Taking into consideration the odds from above, you should play better keno in the online casinos, where odds are near 98%. If you do not want to lose money playing keno, then you should be careful how much money you stake at the casino. When you have finished playing with that money, you should stop playing. If you want to play less, CA$25- CA$50 is a good amount. To play more then, CA$100- CA$200 is enough to play. If you want to win money, then do not play with winning money. Many people play with what they earned. If you keep playing with your winnings, then you will most likely end up going broke when you’ve finished all the money. Always thus stick to what is called your bankroll or budget.
Use the right Strategy
Keeping in mind the rules of games, use a correct strategy, and never forget that you have to look for fun when playing keno. Aim to hit as many possible numbers on your tickets, aim for the jackpot, and dream of 20 out of 20 numbers. Meanwhile, keep focused on the 98% odds offered by online casinos for a keno game.
Keno Payout Chart
Thus in many of the cases when you play the game you should play for fun and not for expecting wins in every keno gameplay. This game of chance will strike you win big if you are lucky for it.
Ohio Keno Payout Odds
Calculate Your Odds, 4.7 out of 5 based on 3 ratings