Don’t forget the reliable 10-spot

Nov 14, 2005 12:53 AM

What is the proper strategy for keno play if we’re operating on a short bankroll, say $10? Are certain tickets better than others in this situation? With this sequence of columns we’ll attempt to answer this probe.

When we played a simulated $1 10-spot for a million players playing on a $10 bankroll, we ended up with these results:

 

5 out of 10 514,172

6 out of 10 114,904

7 out of 10 16,209

8 out of 10 1,347

9 out of 10 57

10 out of 10 1

 

Our simulated keno players averaged $7.26 per game, a little above what we’d expect, but not statistically significant. Overall, 125,784 players hit $10 or more, thus at least breaking even; 17,614 players hit a C-note or better, thus augmenting their bankroll by tenfold; 1,405 players won $1,000 or more, winning a grand or more for a ten dollar risk. A fortunate one player hit a 10-out-of-10, thus topping out at over $10,000.

The 10-spot, once one of keno’s most popular tickets (in fact in the early days of keno this was the only ticket) is still a very playable ticket, and is in fact underplayed today. As you can see in the comparison table below, the ten spot ranks very high in breaking even on a short bankroll, and it scores well in $100 and $1,000 winners. It even affords the chance of hitting a large winner.

Results of Play On a $10 Bankroll

WIN= $10 $100 $1000 $10,000

Two 460,698 0 0 0

Four 41,001 30,523 0 0

Five 72,426 6,436 0 0

Five S 11,624 6,321 6,321 0

Six 33,135 32,147 1,289 0

Eight 38,708 25,336 1,632 46

Ten 125,784 17,614 1,405 1

Twelve 118,472 1,194 1,014 4

Fifteen 164,519 14,205 115 0

 

Based upon these results, I’d rate the ten spot better than the six and the fifteen, slightly better than the twelve spot, but still below the eight. On a scale of one to five spikes, with five being the highest, Keno Lil rates the 10- spot on a short bankroll:

 

 

 

 

 

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