Keno Odds Calculator
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.
- Keno Payout Chart
- Which Keno Game Has The Best Odds
- Keno Odds Calculator
- Best Keno Odds
- Keno Lottery Odds Calculator
There are several variations to the game of keno, but one of the more interesting ones is Caveman Keno. The game is part of the IGT Game King machines. While some keno games can be static with their display, Caveman Keno is a little different. This game offers. KENO PAYOUT CALCULATOR. After entering the payouts, click 'Calculate.' The defaults values are used with Microgaming, Odds On, and Rival. Numbers on Ticket: Number of Picks: 0 hit payout: 1 hit payout: 2 hits payout: 3 hits payout: 4 hits payout: 5 hits payout: 6 hits payout. Odds for other games. Below we’ve included a calculator to allow you to derive the House Edge for any combination of paytable and ball selection; Keno Calculator. Numbers on Ticket: Number of Picks: 0 hit payout: 1 hit payout: 2 hits payout: 3 hits payout: 4 hits payout. To use this calculator, enter the point spread and over/under line, then click the 'calculate' button. For example, you might enter -7 for the spread and 43 for the total. The calculator will calculate the fair line on some common props based on this information and historical NFL games from the 2000 to 2014 seasons. Having chosen a Ten Spot Keno game, we can now calculate all the true odds and probabilities that are valid for this type of game. We will also use some model or possible pay table, which is the last element to enable us calculate the house edge (based on this model pay table). As the pay tables vary from casino to casino, so does the house edge.
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?
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.
Keno Payout Chart
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.
1. Casino.com
This casino has presence at 189 countries with 1.5 million players that enjoy the best of casino games here. Powered by Playtech, this allows players to enjoy some games that have massive jackpots.
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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.
2. Jackpot City Canada
Jackpot City has been a popular online casino experience since 1998. It is one of the oldest online casinos offering a great combination of games, signup bonuses, loyalty promotions, and customer support. Backed by Microgaming software, Jackpot City allows players to enjoy the most popular games that are available today. Jackpot City is fully licensed to operate as an online casino by the government of Malta.
Bonuses and Promotions
This casino offers some decent signup bonuses. As a new player, you get your C$1600 free. You get 100% back on your first 4 deposits. It also offers other prize packed bonuses, monthly bonuses, loyalty, and VIP rewards.
Games and Software
You can play as many as 600 casino games at Jackpot City. It has 450 slot games with a wide variety of themes. You can enjoy legendary games like Thunderstuck and Thunderstruck II are to be enjoyed with big progressive jackpot slots like Break da Bank Again Mega Moolah, Major Millions, and Tunzamunni online progressive.
You can play many table games too where you will find a huge range of Blackjack games with so many variations. Their average payout is 98.86%. That means that people are winning at Jackpot City. You can also play Craps, Baccarat, and live dealer table games. Also, play video pokers like Jacks or Better, Tens or Better, Deuces Wild besides other specialty games like Keno, Bingo and Scratch card games.
You can play keno, video poker, scratch cards, or any of the other games for free as well as with real funds. You will find two keno games. One is a classic lottery-type game and the other is Monkey Keno which you will love to play.
3. Spin Casino
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.
Games to play at Spin Casino
The games are powered by Microgaming and offer over 600 slots and casino games to play instantly. You can play live casino games against live dealers be it your favorite Blackjack, Roulette, Baccarat, or any other simple table game or Dream Catcher all displayed by Evolution gaming.
There are many other sports that you can enjoy. It includes Soccer, Basketball, Ice Hockey, Tennis, baseball, eSports, Volleyball, Virtual sports, Handball, Golf, Super spin, Rugby Union, Cricket, Table Tennis, or any of your choice of game.
Spin Casino Keno Games
You can play keno games also at Spin Casino. Right now you can play two awesome keno games powered by Microgaming. One is Keno Standard game and the other is Monkey Keno video game to play. Now deposit at the casino with so many deposit options available to Canadians to play real money slots and Keno games. You will get instantly welcome bonuses and other offers when you select the choice of your game to play online.
Bonuses and Promotions
As a new player, you will get a welcome bonus of CA$1000 all free. Here is the break up of the bonus:
- You get 100% Match Bonus of up to CA$400 on your first deposit
- On your second and third deposit, you get 100% Match Bonuses up to CA$300
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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
Which Keno Game Has The Best Odds
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.
Calculate Your Odds, 4.7 out of 5 based on 3 ratingsKeno Odds Calculator
Odds and Probabilities in Keno
There are 2 equivalent formulas using combinations to calculate probabilities for the game of Keno.
The two variables involved in the calculation are:
- n = Number of selections made by player
- k = How many of the player's selections match the drawn numbers.
1) The following formula uses the total number of combinations (i.e. denominator) from the houses point of view. There are 80C20 ways for the house to draw 20 from 80 numbers.
| Probability(n, k) = | nCk x (80-n)C(20-k) |
| ----------------------- | |
| 80C20 |
2) The following formula uses the total number of combinations (i.e. denominator) from the players point of view. There are 80Cn ways for the player to draw n from 80 numbers.
Best Keno Odds
| Probability(n, k) = | 20Ck x 60C(n-k) |
| ----------------------- | |
| 80Cn |
3) Both of the above equations can be reduced to the same equation involving factorials given below.
| aCb = | a! |
| --------------- | |
| b! x (a - b)! |
Therefore:
Keno Lottery Odds Calculator
| Probability(n, k) = | 60! x 20 ! x n! x (80 - n)! |
| ---------------------------------------------------- | |
| 80! x k! x (20 - k)! x (n - k)! x (60 - n + k)! |
Calculating the House Advantage in Keno
To calculate the return to the player, sum the returns (equal to probability multiplied by the pay-out) for each possible outcome. The house advantage is determined by subtracting the return to the player from the bet amount and is usually expressed as a percentage. The table below calculates the player's return using formula 2 above for the Spot 9 pay outs given in the example section of the Standard Rules page. The house advantage in this case is 100 x ($1 - $0.669665) = 33.03%.
| Result Details | ||||
|---|---|---|---|---|
| Match | Collect ($) | Frequency | Probability (%) | Return |
| 0 | 0.00 | 14,783,142,660 | 6.374783835335 | 0.0000000000 |
| 1 | 0.00 | 51,172,416,900 | 22.066559430007 | 0.0000000000 |
| 2 | 0.00 | 73,379,314,800 | 31.642613522274 | 0.0000000000 |
| 3 | 0.00 | 57,072,800,400 | 24.610921628435 | 0.0000000000 |
| 4 | 1.00 | 26,461,025,640 | 11.410518209547 | 0.1141051821 |
| 5 | 5.00 | 7,560,293,040 | 3.260148059871 | 0.1630074030 |
| 6 | 20.00 | 1,326,367,200 | 0.571955799977 | 0.1143911600 |
| 7 | 210.00 | 137,210,400 | 0.059167841377 | 0.1242524669 |
| 8 | 2,500.00 | 7,558,200 | 0.003259245500 | 0.0814811375 |
| 9 | 100,000.00 | 167,960 | 0.000072427678 | 0.0724276778 |
| Total | 231,900,297,200 | 100.000000000000 | 0.669665027234 | |
Related Pages
Keno is fast and fun. It is a lottery style card game that players can enjoy as a break from the strategy and skill needed to play poker online. If you are short on time, but want a game that offers huge potential rewards then Keno is the game to play. The best way to take advantage of Keno's chance-based platform is to know what the odds are for each selection (our Keno odds calculator can help with that). Keep this page handy while you are playing Keno so you get the best chances of winning. Start playing right now by selecting an online casino from our reviews here on ReviewPokerRooms. We list the top-rated online casinos that offer the highest internet security encryption and 24/7 customer service so you always have the help you need at any time of the day or night.
Playing Keno at the online casinos listed here allows you to make the most out of all of your free time. You can play Keno and all of your favorite online casino games right in your own home. The software on our chosen sites will give you bright, sharp graphics and sound quality for a real casino feel that puts you right in the action. Start playing now and take advantage of the great sign-on bonuses offered by these sites to get free money added to your account right away.