If you are into online gambling, you are going to want to be able to find the best keno odds. Keno is a simple lottery style game, based on the drawing of numbers. As such, there is not an awful lot you can do in terms of strategy. Winning or losing is down to luck more than anything else. That is why it pays to make sure you find the game offering the best keno odds available. To put it simply, you may well have the choice between 2 or 3 identical games – the same drawing speed, the same number of hits needed to win, the same stakes. Then there are 2 types of keno odds that you should take notice of. These are the probability that you win and the payout when you win.
A guide to understanding the two types of keno odds
Let us take a look at the two types of keno odds separately. The probability that you win is crucial if you are going to get the most out of playing keno. This probability is fairly straightforward to calculate, once you get use to it. Imagine you are playing a game in which 20 numbers will be drawn and there are 80 numbers from which you can choose. You choose to play one number. The probability that your number will be drawn is 20 out of 80, or 1 in 4. That means that, in these specific circumstances, you have a 25% chance of winning. To calculate your chance of winning, therefore, you must know how many numbers:
- there are to choose from;
- will be drawn;
- you will choose.
The other type of keno odds is rather different. In order to make a profit, the casino will take a small part of any winnings. This amount can vary wildly from game to game. In some cases it will be a percentage, while other casinos take a set fee. Obviously this impacts your winning. If you play a game where the casino’s take is percentage based, increasing your stake makes relatively little difference. If the casino’s portion is set, however, your winnings decrease dramatically if you bet low amount. To give an example, a casino may set its take at £1 per winning pot. If you were to be a small stake and win £5, for example, the casino would take £1 of this, or 20%. If you had bet 20 times the original stake, your winnings would increase to £100 while the casino still takes £1 or just 1% of your winnings. This kind of keno odds are very important to look at before entering into any game.
Finding the right game for you
To find a game offering the best keno odds can take a little bit of work. Fortunately letsplaykeno.com can save you a lot of time. Let’s Play Keno is not a casino, but a portal to a wide range of online keno games. On the site you can see all sorts of information about the games currently available, including of course the keno odds that they are offering. They also display any other available bonuses, which are usually not directly related to the keno odds but give you an extra chance at some kind of prize. So if you are an experienced keno player or if you are just starting out in the game and want to make sure you are giving yourself the best chance of winning, letsplaykeno.com is a great place to start. It is the first place I go to now when I want to play.