Going for the Jumbo pot

Apr 17, 2006 3:44 AM

Like many players, I enjoy playing at Palace Station because of the Jumbo Jackpot, which pays up to $150,000 when it hits, as well as $50 in slot play for everyone else playing at the time (with their slot cards inserted).

It’s come to my attention that Station has launched a Jumbo Keno Progressive for live keno players. This is welcome news, especially considering some of the payoffs.

Quickly, here are the starting progressive jackpots, all of which can be won with a $1 ticket:

”¡ 6-spot starts at $2,500

”¡ 7-spot starts at $10,000

”¡ 8-spot starts at $50,000

”¡ 9-spot starts at $60,000

Besides costing just a dollar per game, players can bet up to 1,000 games per ticket. Moreover, don’t have to restrict yourself to "straight," single action tickets. You can also mark "way" tickets as well as multi-race tickets.

I noted at the outset that the payoffs are worth considering. Here’s why. Listed below are the Jumbo payouts versus $1 video keno payouts.

6 Spot Video Jumbo

Catch Payout Starting Odds

$1600 $2500 7752

7 Spot Video Jumbo

Catch Payout Starting Odds

$7000 $10,000 41,000

8 Spot Video Jumbo

Catch Payout Starting Odds

$10,000 $50,000 230,000

9 Spot Video Jumbo

Catch Payout Payout Odds

$10,000 $60,000 1.3 Mill.

Keep in mind that all the jackpots are subject to a $100,000 aggregate cap. Now, there’s a shame — you hit a $50,000 and a $60,000 pot and "only" get back $100,000 for a $2 bet.

I think I could live with that.