Keno Combination Bets

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?

1. Different number strategies & combinations are shown here playing Superball Keno Video Gambling. The wins that are shown here do not represent the odds of.
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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?

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.

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Keno Combination Bets Against

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Keno Combination Bets Games

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.

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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.

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Spin Casino Keno Games

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Playing online keno has better odds

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.

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.

The purpose of this video will be to answer the questions:

• What are the rules of keno?
• What are the chances of winning?
• What is the return to player for this bet?

Hi, this is Mike, and you are going to learn to calculate the odds in keno. Keno is a really simple game. To go over the rules real quick, the player picks 2 to 10 number from a range of 1 to 80, after the player is done, the game will pick 20 numbers from that some range of 1 to 80.

The player is paid according to…

…the number of balls that match the player's picks. For example, I picked five numbers, I matched only two of them, so I didn't win anything. If you pick five numbers, you need to match at least three to win anything.

Okay, so that time I matched three of them:the 17, 25, and 56. I won $3 based on a $1 bet, and when I say win, that's what I got back. In keno, all wins are on a 'for one' basis, meaning that, even if you win, you don't get back your original bet. So if you won one, it really would be just getting your original bet back like a push.

Click “See Pay”

This will show you the whole pay table according to the number of marks that you picked. For example, if you picked 10 numbers and matched 5 of them, you would win 5. If you matched 6, you would win 24. If you matched 7, 146, and so on.

This game, by the way:

can be found at videopoker.com, and my friends there kindly let me use their game for this video. Let's jump in and show you how to calculate the math.

Before I get into the mathematics of keno

Keno Combination Bets Game

Let me introduce a couple functions that you'll need to understand to go further. One of them is called the factorial function, and that is simply the product of every integer from one to whatever number you're taking a factorial of. For example, five factorial is equal to one, times two, times three, times four, times five, and that equals 120.

What is the practical use of this?

It is simply the number of ways you can order n objects. For example, the number of ways you could order the numbers 1 to 5 is 120.

Next, let's go to the combinations function

This is the number of ways you can pick Y things out of X items. For example, at El Pollo Loco, they have eight side dishes, and you might be allowed to pick three of them.

How many different ways could you pick three out of eight items?

The way you would express that is three choose eight, and the formula there is X factorial, divided by Y factorial, divided by X - Y factorial, where X is the number of items and Y is the number of times you're picking from it.

For example, in the El Pollo Loco example where they have eight side dishes and you can pick three, the number of combinations is eight factorial divided by eight minus three-factorial, which is five factorial, divided by three factorial, which works out to 56, I believe.

For my next example, let's work out the odds in the case of the pick five:

If the player gets all five right, he will win 838. The number of ways that can happen is 20 choose 5, which equals 15,504. The number of ways the player can get four correct, which pays 13, is equal to the number of ways the player can pick 4 out of the 20 winning numbers, or 20 choose 4 times the one way he can pick the losing number. That equals 290,700.

The lowest win is to get three correct out of the five, so the number of combinations of the ways the player can pick three out of the 20 winning numbers is 20 choose 3 times the number of ways the player can pick two out of the 60 losing numbers, and that equals 2,017,800.

Now…

we actually don't need to implicitly calculate the number of losing calculations. Let's just determine the total number of all combinations, winning and losing. That is simply the number of ways the player can pick 5 numbers out of 80 because there are 80 numbers and the player must pick five of them. That equals 24,040,016.

Next, let's multiply the pays by the combinations to get.

Again, the return combinations, or the amount the player will get back if we went through a cycle of all the ways of everything that could happen. 838 times 15,504 is 12,992,352. 13 times 290,700 is 3,779,100. 3 times 2,017,800 is 6,053,400.

We take the total of all these return combinations, and we get 22,824,852. In other words, if the player plays this game 24,040,016, and $1 each time, he could expect to get back $22,824,852. If we calculate his return, that's simply that 22 million figure divided by the 24 million figure, which equals 94.95%.

Another way of expressing that is…

The player can expect to get almost 95% of his money bet, and the other 5.05% is kept by the game or the casino. I should add that this is a very generous paytable here. This is as generous as it gets. Most of the time, the pay table is less, you win less, which goes to show the importance of scouting around for a good pay table.

Finally

Let's look at the odds picked in keno in Excel. The number of ways the player can correctly pick 10 out of 10 equals the number of ways the player can pick 10 numbers out of the 20 drawn by the game, which equals 184,756.

The number of ways the player can get 9 out of 10 right equals 20 choose 9 times 60, for the one incorrect number. A general formula for any number of correct catches is 20 choose the number of those catches times 60 choose the number of incorrect picks, which can be expressed like this here:

We can just copy and paste that down. Let's copy and paste it up as well to see if I did it right. Yes.

I'm not going to bother calculating the number of losing combinations, just the total number of combinations, which is the number of ways the player can pick 10 numbers out of the full 80. The return is the combinations times the win.

Let's copy and paste that down and take the total

If the player played this 1,646,492,110,120 times, he could expect to get back $1,534,456,875,040, on average. What is the value of his bet? Well, let's put that in the percentage. That comes out to 93.2%. In other words, for every dollar the player bets, he can expect to get back 93.2% of it and the other 6.8 percent goes to the casino.

I might remind you, again…

…that not every pay table is this generous. In fact, this is the most generous. Lots of times, this 24 is a 23 or less. This 146 is often less. The big pays tend to be the same, though. Again, I can't emphasize enough, shop around for the good pay tables.

Finally, I hope you'll humor me and let me plug my website here. It has a cornucopia of keno resources starting with this keno game. You can pick 1 to 15 numbers. You can pick the numbers yourself or you can do a quick pick. You can also put it on autoplay.

Besides this, we have a bunch of keno calculators. I'll just show you the one for plain old keno. Let's do that pick 10 paytable I just did. You may recall that getting 10 right pays 10,000. Nine pays 45,000. Eight pays 1,000. Seven pays 146. Six pays 24. Five pays 5. Click calculate and there we see everything. The probability of every win, the frequency, variants. Here we see the return.

The bottom line…

…here is that same 91.2%. I hope you can see that small figure that I showed you how to calculate yourself. I just don't talk about regular keno. I talk about Power Keno, Super Keno, Cleopatra Keno, Caveman Keno, Caveman Keno Plus, Extra Draw Keno, Triple Power Keno.

I indicate resources about the return of every possible game and pay table you may plausibly find here in Las Vegas, keno surveys, who has the best games here in Vegas, and a whole ton of internal links about keno. I say a lot about keno because frankly, the math of it is pretty easy.

All right. I think this video has run long enough. Thanks for watching. I'll see you next time.