Can’t top the 5-spot for rate of return

Apr 5, 2005 1:47 AM

What is the relationship between the top end (highest) pay out on a Keno ticket and the true odds of hitting it? The chart on this page illustrates this relationship for tickets of one through ten spots.

The pay outs on this chart are just typical; they might vary somewhat from casino to casino. You can see why Keno Lil likes five spots. If you hit a five spot you will usually win a substantial amount of money ($500 to $1,000 depending upon the casino) and the ratio of the big winner to the odds is the best that you’ll get on any ticket above a three spot. Another way of saying this is that you get more bang for your buck on a five spot in the form of higher odds pay back. On a scale of one to five spikes, with five being the highest, Lil gives the five spot a rating of 5 spikes!

Catch

Odds

Pay Out

Ratio

1/1

4.00

$3

1.33

2/2

16.63

12

1.39

3/3

72.07

42

1.72

4/4

326.44

113

2.89

5/5

1,550.57

800

1.94

6/6

7,752.84

1,480

5.24

7/7

40,979.31

8,100

5.06

8/8

230,114.61

20,000

11.51

9/9

1,380,687.65

25,000

55.23

10/10

8,911,711.18

25,000

356.47

The only exception to this is on what is called a "catch-all" ticket. A "catch-all" Keno ticket is a ticket which pays only for a solid catch, like 5/5 or 6/6. A catch-all ticket in Nevada might typically have a ratio of about 1.4 to 1.5 on pay off amount to the true odds, very similar to the two spot above. If you really want to win a lot of money, catch all tickets are the ones to play.

This is not to say that the other tickets with higher ratios are not good to play. They usually have a similar house percentage. They will return roughly the same total amount of pay back to you in the long run, but the pay backs come in smaller amounts on smaller catches.

Here is a nice little six way five for you to try: Mark 10 numbers, and circle one group of three, three groups of two and one king.

This ticket will produce a solid five on the average of one every 266 games!

Well, that’s it for now. Good luck! I’ll see you in line!