Why you Should Avoid Keno At All Costs
Reasons to Avoid Keno:
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Here are some facts about keno that I'm sure will shock you:
In general, keno has the absolute worst odds in the house. On average, the house has a 28% advantage over its keno players.
'Video Keno' has better odds (around 7.5% in favour of the house) due to its higher payouts for a winning game board. In reality, however, you will
go through your money MUCH faster playing video Keno than playing regular Keno due to the rapid pace of the video keno game. A video keno game is designed to operate approximately 12 times
faster than a live keno game. What this means is that a person who would lose $15 during an hour of live keno would lose $130 for an hour of video keno.
A very popular Keno game in Las Vegas is called the 15-spot. To win, you have to hit 15 out of 15 numbers and the casino
will pay you $50,000. The only problem is, in the entire history of Las Vegas, NOBODY has ever hit the 15-spot ticket. The reason? The odds are 428 billion
to one that you will hit all fifteen numbers. These same casinos offer 14-spot, 13-spot, and 12-spot tickets as well. The odds are slightly better for these, but
nobody has ever hit them either. To add insult to injury, the money awarded for getting all the numbers right is an 'aggregate' prize, meaning that if you pick all the right
numbers at the same time as somebody else, you have to SPLIT THE PRIZE (despite the fact that you managed to buck the 428-billion to one odds).
Believe it or not, there's actually a game that offers WORSE odds than the 15-spot! Some casinos offer what they refer to as a 'Special Bonus Ticket' in Keno. With this ticket, you have to match 19 out of 20 numbers and you
win $250,000. Can you guess what the odds are that you will pick 19 out of 20 numbers? How about 2,946,096,780,000,000 to 1. That's 2 quadrillion, 946 trillion, 096 billion, 780 million, to one. To put this another way, if you played keno every second, twenty-four hours
a day, 365 days a year, it would take you a little more than 93 million years to win just once.
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