Play low way keno minimums
June 28, 2016 3:08 AM
by Pesach Kremen
Today we are going to discuss long shot keno. On your next trip to Las Vegas take a small portion of your bankroll, money you definitely can afford to lose and will most of the time, for a chance at a sizeable win.
If you are planning a three day trip and budgeting $200 per day for gambling plus whatever you won the previous day, go out and play.
But you might change your daily bankroll to $170 and put aside $90 to go for the “big” one. To win you either have to bet a lot on a fewer number of spots or go for a higher number of spots.
Next, choose a keno game that allows low way minimums if you play enough ways, such as most of the casinos in downtown Las Vegas. The Atlantis, Peppermill and Rail City in the Reno/Sparks area might also fit our needs here but I have yet to check them out.
I suggest you play for 7’s and up. If you want to play for the 6’s, too, an intermediate win, go ahead, it’s your money not mine!
For my example I shall use The D in downtown Vegas as their Deano rate pays back about 10% more than the other area casinos for low level tickets. Getting, on average, 85 cents back on the dollar instead of 75 cents can make quite a difference if you play a lot of keno.
The D allows 10-cent ways on their Deano rate provided you play at least 40 cents per game or 40 cents per ticket.
Let’s try a ticket we have discussed in the past that allows you to play 6s and up. This time, instead of trying to win a tourney or go for an average win, we’re going for a “big” win with a small investment.
Try a 2-2-1-1-1-1 playing the 6s at 10 cents way, the 7s at 20 cents a way, and the 8s at 40 cents a way for a ticket total of $2. If you play just two games with this ticket you qualify to use this rate.
Based on a three day bankroll of $90 and the small wins you will get back, even with relatively poor luck your $90 should be good for about 75 games.
Perhaps play a multi ticket of 25 games each day of your trip. If you want to know how we come to $2 per ticket, here is the calculation:
There are eight possible 6s at 10 cents a way, totaling $.80; four possible 6s at 20 cents a way is $.80; one possible 8-spot at 40 cents. Thus, $.80 + $.80 + $.40 = $2 per ticket.
You can you really win big with such a ticket, Each solid 6 at 10 cents pays $300; each solid 7 at 20 cents pays $3,500; each solid 8 at 40 cents pays $10,000.
To hit everything you win $2,400 for the 6s, $14,000 for the 7s, and $10,000 for the 8, a grand total of $26,400. Not bad for bets from 10 cents to 40 cents per way.
If you hit less than all 8 your total payoffs will depend on whether you missed a “king” (group of one) or one out of one of the groups of two. If you missed a king, you will have a solid 7 and some 6s. If you missed one number out of one of your groups of two you will have a solid 6 but not a 7. In either case you will have a lot of partial pays as well such as 6-of-7, 5-of-6, 4-of-6, etc.
Go for the big one without exhausting your bankroll.
What other game can you play for 10 cents? Winning is a lot more fun than losing. Who knows, this might be your big day!
Pesach Kremen is a former UNLV Masters Gaming student, has won and placed in multiple local keno tournaments, and has written several academic papers on keno. Email: PesachKremen@GamingToday.com