Keno is a popular lottery game that is with all the major casino software. The game is one of the worst bets in the casino, with a house advantage on varies from ~ 4% with Net Ent Jungle Keno ~ 30% with Boss Media Keno. As state lotteries, the chance of winning as much as $ 100,000 to $ 1 bet can be appealing.
Rules and Play
The player is given a ticket with 80 numbers on it. It takes 1-15 numbers on the ticket. 20 winning numbers are randomly selected. The more tips from the players who are selected, the higher the payout.
These are not decisions Keno strategy. All numbers have an equal chance of being selected. Optimal strategy is simply to choose the number of picks with the lowest house advantage.
Expected rate of return
The following table lists the expected return with a variety of software. The number of picks with lowest house advantage of any software is bold. The games with the highest expected return are on the left and on the right the lowest. WagerWorks and Net Ent offer two keno games with different payoffs. Both are listed in the table.
Variance in Keno is generally high.