Think Long And Hard Before You Wager on Keno
Thursday, 11. February 2016
Keno is a game of pure speculation and is very close to lottery games. The game was brought over to the USA by Chinese expatriates in the 19th century. As with lottery games, it’s a dead simple to play, and it is appealing as substantial jackpots are available for very small bets. Keno is enjoyed at taverns, clubs and community centers all over the planet today. Unfortunately it shares another similarity with lottery games – terrible odds.
By reason, Keno found its way into internet casinos as it was an easy game to create, and online casino software operators wanted to catch the huge brick and mortar Keno players online. What was even more in the favor of internet casinos was that many people were used to gambling on Keno on video terminals, so the move online was hardly a problem than say with blackjack.
So here is how you play Keno. You start off by selecting between 4 and ten numbers from a total of eighty numbers. Each selection is describe as a "spot". In many internet keno games, you can purchase different cards for the same draw, and in some games you can even pre-buy for games in the future.
After you have submitted your selection, twenty balls with numbers will "enter" into a capsule from a tube. If enough of your numbers are drawn, you win. That simple. You will obviously amass more, if more of your spots are landed on, like with lotteries.
Most online keno games allow you to buy tickets between 5c and $5, and pay out in multiples of your ticket value. Jackpot winnings of up to 50 000 dollars are not uncommon.
Easy? Absolutely. So there must be a problem? Absolutely. The casino advantage with Keno is 30 percent or higher, the WORST of any online casino game. The expectation of hitting a number is 0.25%. Keno is by a wide margin the awful game you could possibly bet on. If you are looking for a game of randomness gamble on slot machines.
Posted in Keno by Branden