Keno has traditionally been perceived as the casinos stepchild - a slow-moving, nickel-and-dime game for low-stakes gamblers and penny-pinching tourists. Nevertheless the game has remained popular with players who dont want to spend a lot of money, but want a shot at a significant payoff.
How significant? For a bet as small as $1, keno payoffs can run into the thousands of dollars. But the odds against winning a major payoff are astronomical. For instance, a 9-spot keno ticket pays $25,000 in most casinos when you catch all nine numbers, though the odds against catching all nine are about 1,300,000-to-1.
Enter video keno. Because keno machines allow players to bet many games in a short period of time, players can cut into those odds. Moreover, machines give players a chance to play for as little as a nickel a game (a penny in some downtown casinos!), so players can also "last" significantly longer with a given bankroll, thus increasing the chances of hitting a jackpot.
What are the chances of hitting? Surprising to most players, keno odds are comparable to video poker odds, while the payoffs are actually significantly higher.
For instance, the top jackpot on a poker machine is a royal flush, which usually pays 800-to-1 ($1,000 for five quarters bet). The odds of hitting a royal are about 40,100-to-1 on a jacks-or-better machine and slightly higher on a joker machine (the extra card increases the odds).
Of course, keno payoffs vary with the number of spots picked. But using a 7-spot ticket as a comparable example, the odds of hitting 7-for-7 are about 40,900, nearly the same as the royal flush. But the keno payoff is 7000-to-1, more than eight times higher than the royal payoff!
Another way to illustrate the more attractive keno jackpots is to take a 5-spot, which pays a top jackpot of 810-to-1, virtually the same as the pokers royal flush. But the odds of hitting 5-for-5 are only 1550-to-1, which means the comparable keno jackpot occurs 25 times more frequently than the royal!
The keno jackpots also out-pay the poker jackpots for hands other than the royal flush.
The higher payoffs at significantly lower odds has not gone unnoticed by players, who in the last five years have made video keno the second most popular game behind video poker in many "locals-oriented" casinos such as Palace Station, Gold Coast, El Cortez and The Orleans.
Manufacturers, in keeping with the demand for better products, have introduced more versatile keno machines that are easier to use and more enjoyable to play.
One of the most popular machines is Ballys Game Maker, a touch-screen machine that actually has a library of games (poker, joker poker, deuces poker, video slots, etc.), although the keno game is the most popular with its crisp graphics, sound effects and touch-screen control.
Game Makers keno is so popular, in fact, that it spawned a new machine, Keno Plus, devoted entirely to keno games. In addition to "regular" keno, the machine features Way Tickets keno, in which you can group numbers for greater possible payoffs, and Triple Trouble Keno, a keno game with a bonus payoff for hitting certain numbers.