Keno is a game of pure speculation and is very similar to Lotto games. The game was brought over to the U.S. by Chinese newcomers in the 19th century. As with lotto games, it’s a very easy to enjoy, and it is endearing as large fortunes are offered for very small wagers. Keno is played at bars, clubs and rec center all over the world today. Unfortunately it shares another characteristic with lotto games – horrendous odds.
Understandably, Keno ensconced its way into internet casinos as it was a simple game to develop, and online casino owners wanted to entice the big brick and mortar Keno fan base online. What was even more in the favour of casinos on the internet was that many gamblers were accustomed to betting on Keno on video terminals, so the move on to the internet was less of a problem than say with twenty-one.
So here is how you play Keno. You start off by appointing between four and ten numbers from a total of 80 numbers. Each selection is called a "spot". In many internet keno games, you can buy different cards for the same draw, and in a handful games you can even pre-order for future games.
Once you have submitted your selection, twenty numbered balls will "enter" into a capsule from a tube. If enough of your numbers are selected, you win. That is all there is. You will obviously amass more, if more of your spots come up, like with lotteries.
Most internet keno games allow you to buy cards between five cents and 5 dollars, and pay out in multiples of your card value. Jackpot prizes of up to 50,000 dollars are not uncommon.
Simple? Absolutely. So there should be a problem? Absolutely. The house edge with Keno is 30 percent or higher, the WORST of any internet casino game. The expectation of hitting a number is 0.25%. Keno is by a wide shot the worst game you might possibly gamble on. If you want a game of randomness gamble on slots.