When we say understand the odds, we’re actually talking about two different concepts that are important to know. First, remember that keno odds are usually expressed in a “for one” format rather than “to one.” That means that if a keno payout is listed as “1”, it means that you’ll only be getting your money back, not that it pays even money. If you play pokies or video poker, this is probably already familiar to you, but it can be a little jarring for those who play table games or bet on sports.
It’s also important to realize just how difficult it is to hit a jackpot in keno. Hitting a jackpot for matching ten spots out of ten will only happen 1 in 8.9 million times. Hitting 15 for 15 is even harder – the odds against it are 1 in 428 billion! Luckily, there are usually large prizes just for coming close, too.
If you have more than one casino (online or live) that you enjoy playing keno in, take a look at the payouts the new games offer on similar bets. You might find that one of your casinos offers much better odds than the others. At online casinos, this can even be true within a single casino, as there may very well be several keno games, each of which has different odds and payouts. If you have the choice, it always make sense to play the game that offers you the most for your money. (See our page about high roller keno.)
While we’ll remind you time and again that keno is a game of luck, there is one way in which you can improve your odds. If you find a keno game that offers a progressive jackpot, you’ll want to keep an eye on just how big that jackpot gets. If it grows to an unusually large size, that will cut down on the house edge of that keno game tremendously. In some cases, it might even be theoretically profitable for you to play keno!
Sure, it can be tempting to make big bets on keno – after all, that makes it easier to score big wins. But since keno can be played very quickly, it’s possible to play a lot of draws very fast, especially in an online casino. That makes it very important to keep track of how much money you’re spending. If you want to play a lot of draws quickly, make sure to wager small. It might also be a good idea to play bets that are likely to pay back at least something; for instance, the keno game at Jackpot City Casino will pay back half of your bet even if you only hit three out of 15 spots.
It should be fairly obvious that keno is a game that will ultimately be determined by luck, and that any combination of numbers is just as likely to occur on any draw. The game can’t “remember” what numbers came out in the last few draws, so there are no such things as hot or cold numbers.
Still, there are plenty of people out there selling systems that they claim can beat keno for players. They often use confusing terminology and complex math to make it seem as though they know what they’re talking about, but rest assured that any such system is just a scam. Play the game any way you like; which numbers you choose to pick will have no effect whatsoever on your odds of winning!