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Keno is one of the most underrated of all online casino games. After all, most gamers go for the BIG THREE of slots, blackjack, and video poker. Keno online falls into the Specialty Games category along with Banana Jones and Fish Catch.
Keno is a game of pure chance although there is some statistical analysis that can give a gamer a better chance to win! As such, keno play online is less a game of chance than slots!
How Do You Play Keno?
There are 80 numbers on the keno board. Gamers can choose up to 20 numbers. The payouts change based on a formula that takes into account the number of hits you had versus the number of numbers chosen.
If you guess five numbers and hit all of them, your payout will be a lot higher than if you hit the same five numbers with a bet on 10 numbers!
Although chance is an overwhelming percentage of the outcomes of keno games, there is some strategy. The first strategy is deciding how many numbers to bet on.
Why Not Bet on 20 Numbers if the Casino Allows that Size Bet?
The main reason is that based on the formula that controls payouts, the fact that you have more chances to hit one of your numbers, the payout for hitting a few of your numbers will be lower.
Statistical analysis has not yet come up with definitive number of numbers to bet on but statistical analysis has determined that it is best to choose between 4 and 8 numbers. There are statisticians that emphatically claim that the optimum bet in keno is four numbers.
Embrace the Random Number Generator
This is the second strategy element in keno. In fact, the Random Number Generator determines all outcomes at Everygame Casino! It is just as important in slots as it is in keno.
Because the Random Number Generator has no memory, each hand in blackjack or video poker, each spin in slots, and every round in keno is completely random! That means that there are no really cold numbers in keno although many people say that gamers should bet on the cold numbers.
Some people say that it is best to bet on consecutive numbers. However, there is no real statistical justification for doing so!
The Return to Player Rate in Keno
Players can expect to win back about 94% of money wagered. That is a relatively low return to player rate so we encourage gamers who play keno to keep their bets modest and to play the game for the fun of it, to see if your kids’ birthdays will pay off!
Isn’t Keno a Type of Lottery Game?
Indeed, it is!
And keno is a lot more fun to play than any state or local lottery!
How is that Possible?
In a lottery run by the state, drawings are usually on set dates and people are encouraged to buy lottery tickets up to a few moments before the big drawing. People use the same “methods” to choose lottery numbers as they use to choose keno numbers.
The most popular method of choosing keno numbers is family dates. The second most popular method is to choose the jersey numbers of a gamer’s favorite team’s players.
In a lottery, days may go by between the choosing of the numbers and the drawing. In keno, players can play again! Thus, playing keno is a lot more fun than playing a state lottery.
Never Use a Betting System in Keno or Any Other Online Casino Game
Every system is flawed.
A system might work for a very short time but eventually the law of probabilities catches up with the player using the system.
There must be systems for sale that “guarantee” winning at keno. Our sincerest advice is to never use any system in keno or in any other game!
There are Systems that Work in Other Areas of Chance
The point here is that every game has an element of chance. Even the best chess players in the world miss the chance to make a great move and win a game. So, the opponent who wasn’t beaten in this manner had good luck!
Still, chess is one of the classic games of skill!
Sports Betting Lends Itself to Systems Analysis
In sports, there are discernible trends. The weather will play a factor if the game is played outdoors. Momentum is a real thing in sports. Really good sports bettors can use all of these tools and more and effect an edge in betting on specific outcomes.
But you can never tell a bettor who bet on the Chicago Bears a few years back to defeat the Philadelphia Eagles only to lose on a last second double doink that there is no luck in sports!
You can look it up!
Even in sports there is an inexorable element of luck that no system can erase.
Can You Explain Why the Martingale System Doesn’t Work?
Yes, we will try to explain why that system is not sustainable.
The Martingale System applies to even money bets. We will ignore for now the fact that in roulette there are no true even money bets! Let us for now assume that there are.
A player bets $5 on an even money bet in roulette. If he wins, he makes the same bet the next time. But if she loses, she doubles her bet. Now let’s see what happens after two spins in which she loses the first spin and wins the second spin.
First spin: Bets and loses $5.
Second spin: Bets and wins $10.
After these two spins, our player has won $5.
What is the Catch?
The catch is the law of streaks. In betting games, there will always be streaks. The happy ones are the wining streaks but losing streaks are just as common as winning streaks.
Now let’s see what happens if the player has a five spin losing streak.
Spin 1: Bet and lose $5.
Spin 2: Bet and lose $10.
Spin 3: Bet and lose $20.
Spin 4: Bet and lose $40.
Spin 5: Bet and lose $80.
Now, for the nest spin, the player has to bet $160 and, if she wins, she will win $5! Add up all the losses and you will see that the Martingale is always a system to win the size of a player’s original bet.
It is a very poor bet to bet $160 in order to win $5!
Play Keno for Fun
Our message to all gamers is that keno is a game to be played for fun. Keep your bets in tow and have fun!
We encourage all gamers who would lime to play at an online casino that emphasizes fun to JOIN EVERYGAME CASINO NOW!
