Keno is a game of plain chance and is extremely close to lottery games. The game was imported to the states by Chinese immigrants in the 1800’s. As with lottery games, it is a very easy to wager, and it’s appealing as large jackpots are available for astonishingly petite wagers. Keno is bet on at lounges, discos and rec centers all over the globe today. Regrettably it has other characteristics with lottery games – horrendous odds.
Rationally, Keno found its way into online betting houses as it was an easy game to build, and casino providers wanted to catch the huge brick and mortar Keno players on the web. What was even more for web betting houses was that a lot of players were used to gambling on Keno on video screens, so the move on the internet was less of a encumbrance than say with blackjack.
So here is how you gamble on Keno. You start by selecting between 4 and ten numbers from a set of 80 numbers. Each choice is referred to as a "spot". In many web keno games, you can buy multiple tickets for the same game, and in some games you can even pre purchase for up-coming games.
Once you have submitted your choices, 20 numbered balls will "fall" into a tube from a bucket. If enough of your spots are drawn, you win. That simple. You will obviously win more if more of your spots are drawn, like with lottos. Most net keno games permit you to purchase tickets ranging from 5c and five dollars, and payout in multiples of your ticket value. JackpotGrand prizes of up to 50,000 dollars are not unusual.
Easy? Absolutely. So there must be a catch? Yes. The house edge with Keno is 30 percent or more, the absolute worst of any online casino game. The chances of hitting a number is 0.25%. Keno is by a long margin the most dreadful casino game you could possibly play. If you want a game of luck bet on slot machines. If you want to toss money away, compete in Keno. Very few players really make any real earnings.