Keno Payout Odds
In this Article we Present to You an Extensive list of the Most Commonly Used Terminology in Keno!
Keno Payout Chart
BULLS-EYE, the new KENO! Add-on game, offers larger prizes and more chances to win! At the end of each KENO! Drawing, one of the 20 winning numbers drawn is randomly selected as the BULLS-EYE number. If you purchase the BULLS-EYE option and match the BULLS-EYE number, you win bigger prizes (see the Odds & Prizes tab). The odds of winning on a keno game will differ from one game to another. Not all the casino games use the same pay tables or algorithms. Single Card Keno. With single card keno, you will be playing your chose numbers on one card. This is the oldest form of playing Keno and generally the game most players start playing. Multi-Card Keno.
Today, you can play keno both offline as well as online. If you are new to Keno, you would do well to know the different terms used in the game. What is an ‘all or nothing’? Or a ‘ball game’? What does someone mean when he uses the term ‘buy-in tournament’? This article provides a glossary of these and some other terms used in Keno.
The Most Important Keno Terms to Know
Play GO Keno at all retail locations that have a Touch & Win terminal. You can wager $.25, $.50, $1, $2, $3 or $5. Choose from 2 to 10 numbers (spots) out of a pool of 80 numbers. You may also use the Auto Pick feature to select all or some of your numbers. 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. Mark the “KENO 603 PLUS” box on your play slip for a chance to increase your KENO 603℠ winnings by 3, 4, 5 or 10 times. By marking “KENO 603 PLUS” the cost of your ticket will double. Choose how many “spots” (numbers) you want to play. Choose from 1 to 12 spots, and mark the spot. Mark your numbers from 1 through 80.
Keno: This is today’s version of an ancient Chinese lottery. You get to draw 20 numbers out of a total of 80 (nowadays the total is 120), and you win if you are able to correctly guess the numbers drawn.
How To Calculate Keno Payout
All or Nothing: This is a term used in Keno to represent a ticket that pays only if you draw all the numbers picked, or if you draw none of the numbers picked.
Ball Game: This is the most common form of Keno nowadays. In this form of the game, plastic balls represent the numbers.
Blank: This is a term used to represent an unused Keno ticket.
Blower: The blower is part of the machine that is used to dispense the plastic balls used in Keno. With the blower, the game operator can force the balls into a tube, using air.
Buy-in Tournament: This is a type of Keno tournament where you have to pay a pre-determined fee upfront. Once you pay the fee, you are eligible to play in a specific number of games or play a set number of tickets. In a buy-in tournament, you get to keep any money you win.
Cage: The cage is no longer used in Keno games today. Basically, it was a wire cage used in the earlier days to hold Keno balls. Today, you mostly find plastic hoppers. The term ‘cage’ also denotes a specific area in a casino where only employees are allowed, and where you can find Keno workers.
Catch: This is a term used to denote a number that you have called in a Keno game.
Video Keno Payout Odds
Catch-all: This is a type of Keno game where you have to get all the numbers marked on your ticket. Another game is Catch-zero, where you must ensure you do not get any of the numbers that you have marked on your ticket.
Close: This is a term used to identify that period in time when the casino stops writing any more Keno tickets. The time period usually stretches from just prior to the draw till immediately after the draw.
Fractional Rate Ticket: This term is used to represent a ticket that you can play for a fraction of the standard rate.
High End Ticket: This term is used to refer to a Keno ticket that pays you more if you catch a high number of spots. However, if you catch a lower number of spots compared to the standard ticket, you win less or even no money.
High Roller Ticket: This is a Keno ticket whose minimum pricing is high.
House Edge: This term is used to represent the percentage of bets that the house, i.e. the casino, can hope to win over time. The standard house edge is 30%, though this number is not necessarily the same for all casinos.
Keno Glossary – Summing Up
Keno 4 Spot Payout
The above are some of the terms that you will encounter when you start playing Keno. You would do well to read up more about the large number of terms related to Keno before going ahead and trying your luck at the game. We have further glossary lists on our site so check them out!