Keno Odds Calculator
. Approximate Odds. More Information. The maximum prize that can be won on any one Keno ticket, not including Keno Bonus, is $200,000, regardless of the amount wagered. The maximum combined liability for a given draw is $2 million. If you've won a prize of $2,000 or more, the earliest you can claim your prize is the day after the draw.
Keno and slots are two of the most popular games of chance at online gaming sites. Their popularity is largely due to their simplicity and potential jackpots. Beginners and experienced bettors both enjoy keno and slots for practice and real money. Little strategy is involved and players never know when a small bet will produce a huge payout.
Keno and slots both involve placing a bet for a chance at winning a jackpot. Keno players try to select winning numbers on a keno card and slot players try and make spinning reels stop on certain symbols by pushing a button. Players of all experience levels and backgrounds enjoy keno and slots for their constant excitement and payout potential.
- 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.
- 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
Most historians agree that keno was first played in China where it became widespread by the 19th century. Keno is similar to a lottery in that it involves matching numbers on a card to a series of randomly generated numbers. However, keno odds are much better than lottery odds. The game has grown from bowling alleys, casinos and bars to become a top pick among online gamers. Keno is highly enjoyable and the rules are simple enough to allow players of all experience levels to play the game.
Keno players mark up to 10 numbers on a card in an attempt to match numbers that are drawn later. Every keno ticket consists of the numbers 1 through 80 and players mark their selections by placing an X over numbers. The payouts for winning players depend on how many selected numbers they successfully match to the drawn numbers.
Keno involves the drawing of 20 numbers from a total of 80 possible numbers. In live keno there is typically a container with balls numbered 1 through 80. Numbers are then selected randomly from this container. Online keno providers utilize random number generation software for the selection process. A total of 20 numbers are always drawn from the possible 80.
Slots
Slot machines have undergone many developments since their invention in the 19th century. Beginning as mechanical machines known as one-armed bandits, these machines eventually gave way to video slots and online slots. All three types of slots remain popular today. Slots usually involve 3 to 5 spinning reels with several symbols on each reel such as horseshoes, clovers, fruit and bars. After placing a wager, players press a button to spin the reels. The machine will then stop with a certain pattern of symbols. Each pattern of symbols has a specific payout amount.
Players can enjoy slots regardless of their preferred betting amounts. There are penny slots for low stakes players, and there are other slots that can require bets of at least a hundred dollars. Every minimum bet gives players credit for one slot spin with potentially large jackpots. The simplicity of slots and the chance of big payouts have combined to make slots popular among many different types of players.
Keno Odds
Keno requires choosing numbers on a keno card that match randomly selected numbers whereas slots involve matching symbols on multiple spinning reels. Keno and slots are two very different games with different odds of winning.
Because keno involves selecting numbers that match with drawn numbers, payouts correspond to how many numbers are successfully matched. Keno games typically have the biggest payouts for matching the most numbers. Payouts often vary between keno web sites, so players will have to check on the payout information with their keno provider. Although payouts can vary, keno odds are always the same.
There are specific odds for matching up to 10 numbers in keno. For example, when players select 1 number on their keno card, the odds of a match occurring during a drawing are 1 in 3. The odds of being able to match up to 10 numbers are as follows:
- Matching 1 Number – 1 in 3
- Matching 2 Numbers – 1 in 15.63
- Matching 3 Numbers – 1 in 71.07
- Matching 4 Numbers – 1 in 325.44
- Matching 5 Numbers – 1 in 1,549.57
- Matching 6 Numbers – 1 in 7,751.84
- Matching 7 Numbers – 1 in 40,978.31
- Matching 8 Numbers – 1 in 230,113.61
- Matching 9 Numbers – 1 in 1,380,686.65
- Matching 10 Numbers – 1 in 8,911,710.18
There are more odds that show the chances of just some selected numbers being drawn. For example, if a keno player selects 5 numbers, there are odds for 1, 2, 3 and 4 of those numbers being selected during a drawing. These odds are also important because all numbers marked on a keno card do not have to hit during a drawing for a bet to win. In total there are dozens of odds for all numbers involved in keno.
Slots Odds
Every slot machine has different odds. Players will have to investigate the odds on each specific slot to stay informed. Slots use random number generators to stop the reels in random positions. Every wager placed on a slot machine has the same odds of winning despite the amount wagered. However, there are different odds of completing patterns of symbols. The symbols with lowest odds of being hit generally have the highest payouts.
Most online slots are programmed to provide players with winnings between 96% and 98% of all money wagered. Slots players should research their online gaming provider to find out their payout percentage.
Best Keno Odds
Winning Potential
Both keno and slots offer players significant winning potential. Keno involves many different numbers and odds that are not particularly attractive, but there is always the potential to turn small bets into thousands of dollars. It is not unheard of for keno players to win jackpots amounting to tens of thousands of dollars.
Slots are popular largely because of their potential for big wins. Slots require bets as small as pennies that can result in jackpots. Awareness of payout percentages can help players choose the slots with the best winning potential. Slots generally have low odds of winning significant amounts of money, but when jackpots do strike they can be small fortunes.
Michigan Keno Odds Calculator
Keno and slots are two of the most popular games in online casinos. These games have simple rules and require little strategy or experience. Players of all levels can enjoy them. Odds and payouts are often specific to each slot machine or keno game so players should be aware of these probabilities in order to make the most intelligent bets.